Within preparations for the diplomatic mission, newly-appointed BiH diplomats Milica Ristović-Krstić, BiH Ambassador to Greece, and Dragan Mihaljević, Consul General of BiH in Milan, visited FIPA in order to have information about the competences of the Agency, foreign investment inflows, and current activities in the field of economic cooperation with the mentioned countries.
FIPA Director
Gordan Milinić presented the competencies and activities of the Agency in the
field of foreign investments, work and support to foreign investors in BiH, and
the successful cooperation of FIPA with the relevant institutions from local to
state level in the field of promotion of the country and attracting
investments.
Speaking about
the importance of economic diplomacy in the field of affirmation of BiH image
as investment location, Director pointed out that it is very important, after
establishing contacts with foreign business communities in the countries of
reception, to send a message that investors who decide to invest in BiH, can
count on the support of FIPA in all stages of investment.
According to
the official data of the Central Bank of BH, the total investments from the
Republic of Italy until December 31, 2017 amounted to 602.7 million BAM, and
the share of investments from Italy was 4.5% in the overall state of the FDI in
Bosnia and Herzegovina.
The most
important Italian companies in Bosnia and Herzegovina are: Dubicotton Ltd
Kozarska Dubica, Sportek Ltd Kotor Varos, RS Invest Plus Ltd Banja Luka,
Olip-Bosna Ltd Travnik, etc.
Total foreign
direct investments from the Republic of Greece to BiH are estimated at less
than 5 million BAM. One of the most important Greek companies in BiH is Alpro
a.d. Vlasenica, which operates within the Alumil group from Greece. There are
also companies Termometal Ltd Banja Luka, Maria Parket Ltd Srbac, Aktor Mostar,
and others.
It was additionally
emphasized the importance of organizing business meetings between BiH and
foreign businessmen in order to strengthen economic ties and investments, that
activities of the newly appointed diplomats will be focused on.