- Interest in investing in renewable energy sources and the metal-processing sector
![](/images/SLOVACKA 2024.jpg?px=518)
The Director
of the Foreign Investment Promotion Agency of Bosnia and Herzegovina Marko
Kubatlija met with the Ambassador of the Republic of Slovakia to BiH H.E. Roman
Hlobeň.
They
discussed the possibilities for intensifying investments from Slovakia in
Bosnia and Herzegovina, and expanding the business of foreign companies
operating in Slovakia to the territory of Bosnia and Herzegovina.
Director
Kubatlija presented attractive sectors of Bosnia and Herzegovina and the most
significant projects that could be of interest to potential investors.
FIPA
and the Agency for the Development of Foreign Investment and Foreign Trade of
Slovakia (SARIO) have signed a Memorandum of Cooperation, and in the coming
period, they will work with the Embassy of Slovakia and partner institutions
from Bosnia and Herzegovina to organize business events with the aim to improve
trade and investment cooperation between the two countries.
The
interlocutors agreed that the greatest potential for cooperation exists in the
field of renewable energy sources, the IT sector, the auto industry and metal
processing, as well as the production of food and services.
In
2021, the International Monetary Fund ranked Slovakia as the 45th richest
country in the world (out of 226 countries and territories). Since 2007,
Slovakia has been the world's largest car producer per capita. They currently
have four car assembly plants: Volkswagen, PSA Peugeot Citroën, Kia Motors and
Jaguar Land Rover.
Among
the electrical engineering companies, Foxconn and Samsung stand out, and many
global companies, including IBM, Dell, Lenovo, AT&T, SAP and Accenture,
have built outsourcing and service centres.
The
reasons for the arrival of multinational companies in Slovakia are the
proximity of Western Europe, a qualified workforce and a large number of
universities and research centres, political stability and an organized
business environment.