Foreign Trade Chamber of Bosnia and Herzegovina, in cooperation with the Chamber of Commerce of Milan (PROMOS) and the Agency for Promotion Abroad and the Internationalization of Italian Firms (ICE), has organized a Business Forum and bilateral meetings of B&H and Italian businesspeople on 17th October in Sarajevo.
The aim of the meeting was to connect potential business partners in order to establish trade cooperation, investment, and industrial - technical relations. The forum was attended by representatives of 50 companies from Bosnia and Herzegovina and 9 companies from Italy.
The Director of the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA) Jelica Grujic presented the investment opportunities of Bosnia and Herzegovina to Italian businessmen and pointed out that Italy invested up to December 2011 124 million euros in B&H, which ranks it at 10th place in terms of volume of investment in B&H.
Charge d'affaires of the Embassy of Italy in B&H Stucci Stefano said that B&H is interesting in various sectors for Italy, especially when it comes to the energy, metal processing sectors and tourism.
Stucci stressed that Italy is the 2nd foreign trade partner of Bosnia and Herzegovina when it comes to Europe and said that the two major Italian banks, Unicredit and Intesa Sanpaolo, are occupying more than 30% of the financial market in B&H.