The newly-appointed Ambassador of Poland to BiH H.E. Jaroslaw Lindenberg visited the Foreign Investment Promotion Agency (FIPA) in order to have information about the work of the Agency and economic cooperation between the two countries in the field of investments and trade.

The Director Gordan Milinić introduced the Ambassador with the responsibilities of FIPA, activities in the field of promotion of the country, cooperation with foreign investors, and economic cooperation between the two countries and Polish investments in BiH.

According to the data of the Central Bank of BiH, total direct foreign investments from Poland in BiH, as of 31 December 2017, amounted to 22.9 million BAM, representing 0,17% of total investments in BiH.

According to the preliminary data of the Central Bank of BH, in the nine months of 2018, investments from Poland were registered in the amount of 5.9 million BAM.

The most important Polish companies in Bosnia and Herzegovina are: Inter Cars Ltd Sarajevo, Prima ISG Ltd Gradiška, Organika BH Ltd Sarajevo, Aliplast Aluminum Systems Ltd Konjic, Poliolchem ​​Ltd Tuzla,

In addition, the Ambassador was familiarized with the FIPA project database that contains investment projects from various economic sectors such as tourism, wood sector, metal sector, energy, etc., the support provided by the Agency to investors from the registration of the company to the completion of the project, and the support to the removal of possible administrative obstacles that slow down the expansion of investments in BiH.

Considering that several Polish companies announced investments in BiH in 2019, such as Mlekovita, Lubianiec Piechocki and Partnerzy, Re Alloys Sp.zoo, Pol-mot, Multico, it was agreed that Ambassador Lindenberg, in cooperation with the Polish Chamber of Commerce, will check the situation related to the investment decision in BiH, and FIPA will be involved in supporting the realization of investments.

Also, the Ambassador will inform FIPA about all important economic events taking place in Poland, which could be important for the promotion of Bosnia and Herzegovina and its investment projects.