The FIPA Director Milica Marković met with Christian Hartmann and Mannuel Hertel from the International Cooperation Department of the Nuremberg Chamber of Industry and Commerce 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, out of which one company has an independent production plant in BiH, two joint venture projects with BiH companies, then 26 representative offices or offices in BiH, and the rest relates to import and export activities.

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.

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

FIPA, as one of the partners, will provide all the information on investment opportunities, investment projects and the business environment of BiH for Bavarian businessmen.

Bosnia and Herzegovina and the Western Balkans can benefit from the post-covid nearshoring trend.

A survey of 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.

Mrs. Marković also had several meetings with German companies at the IT-Sa 2021 fair, during which she presented the work of software companies from BiH and the potentials of the IT and Business Process Outsourcing sectors.