FIPA Activities

Director of FIPA at a meeting with the Ambassador of Bulgaria

11/1/2022

-Improving mutual cooperation in different economic areas

Director of the Foreign Investment Promotion Agency of BiH (FIPA), Milica Marković, met with the Ambassador of the Republic of Bulgaria to Bosnia and Herzegovina, Valeri Yotov.

They discussed the possibilities of investing in BiH, the currently available projects, and the comparative advantages that BiH has in relation to neighbouring countries.

Bosnia and Herzegovina and the Republic of Bulgaria have signed an Agreement on Economic Cooperation, which should represent the basis for improving the overall economic relations of the two countries, as well as the improvement of mutual cooperation in various economic fields.

They pointed out that in the coming period the focus is going to be put on connecting business people and promotion of potentials, and that there is a mutual interest of business people of both countries to improve cooperation.

Cooperation between Bosnia and Herzegovina and Bulgaria should be much more substantial and intensive in the future, because it is about two friendly countries.

The upcoming summit of the Central European Initiative (CEI) in Sofia and the planned economic forum were also discussed. The fact that CEI consists of two groups of member countries (EU member countries and CEI member countries that have not yet achieved their membership in the EU) significantly contributes to the acceleration of the European integration process.

The Ambassador Yotov expressed the full support of the Republic of Bulgaria to the EU perspective of Bosnia and Herzegovina and to its support in obtaining candidate status.
Testimonials & Success Stories

„The Heidelberg Cement Group has invested more than € 60 million in modern technology in BiH and an additional € 50 million are earmarked for further ventures, which shows our immense confidence in the BiH economy and its potential for sustainable growth. Our goal is to continue to grow and to expand our market.”
Branimir Muidza, Heidelberg Cement Country Manager for BiH

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