News in English     | 27.02.2020. 16:12 |

FIPA presents awards to the biggest foreign investors in BiH

FENA Vanja Tolj

SARAJEVO, February 27 (FENA) – The Agency for Promotion of Foreign Investments in BiH (FIPA) presented awards to eleven companies from different manufacturing sectors at a part of the traditional event "The Biggest Investor in BiH for 2019”, which was held in Sarajevo.   

The companies received investment awards last year, with a total of KM 470.5 million invested and employing 5,560 workers.

The awarded companies for 2019 in BiH are: Ella Textile / Calzedonia Group - Gradiška, HIK-SM Sanski Most, dm drogerie markt Sarajevo, Bosmal Arjaan by Rotana - Sarajevo, Eastern Mining Sarajevo / An Adriatic Metals, Delta Real Estate - Banja Luka, PASS - Bijeljina, PMP Jelsingrad - Gradiška, Elsta Mosdorfer Bosnia - Živinice, Bosnalijek - Sarajevo and Sinkro - Sarajevo.

FIPA Director Gordan Milinić, wanted to acknowledge the foreign investors and thank them for their contribution to the economic development of Bosnia and Herzegovina, the employment of BiH citizens, and the growth of all other economic indicators based on these investments.

“We have selected the most successful ones out of several hundred investors, which have invested from five to 50 million KM. These awards are presented for last year’s achievements, which has been the most successful in the history of BiH in terms of foreign investments,” said Milinić.

He points out that, for the first nine months, according to the results of the Central Bank of BiH, investments amounted to KM 861 million, so it can be said with certainty that foreign investments in last year exceeded one billion KM.

After the 2008 economic crisis, BiH has experienced fluctuations and problems with investments, however, since 2017, the trend of investment in BiH is on the rise, and Milinić expects that the trend of foreign investment growth will continue in the coming years.

(FENA) A. B.

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