News in English     | 14.10.2021. 11:29 |

FIPA - Bavarian entrepreneurs to visit Bosnia and Herzegovina

FENA Press release

SARAJEVO, October 14 (FENA) - In recent years, Bosnia and Herzegovina has become an interesting country for German investors, who give an important impetus to economic growth and employment in BiH, said the Director of the Agency for Foreign Investment in BiH (FIPA) Milica Marković after the meeting with Christian Hartmann and Mannuel Hertel from the Department for International Cooperation of the Nuremberg Chamber of Commerce and Industry IHK.

As one of the largest chambers in Germany, IHK Nuremberg has more than 150,000 member companies. According to their data, about a hundred of their member companies work with Bosnia and Herzegovina, of which one company has an independent production plant in BiH, two joint venture projects with BiH companies, but also 26 representative offices or offices in BiH, and the rest relates to import and export activities.

During the meeting, they discussed the organization of a visit of entrepreneurs from Bavaria to Bosnia and Herzegovina and other countries in the region in cooperation with the Association of German Economy in BiH AHK.

Bosnia and Herzegovina and the Western Balkans can benefit from the postcovid nearshoring trend. A survey conducted among German companies operating abroad found that during the pandemic, 40 percent of companies experienced problems with supply chains, and 68 percent thought of changing their supply chains, while 47 percent were already looking for new or additional suppliers, FIPA said. 

(FENA) A. B.

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