FIPA Activities

FIPA awarded plaques to the most significant foreign investors in Bosnia and Herzegovina for 2024

12/9/2024

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On December 5, 2024, the of Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA) organized an event in Jahorina called "The Selection of the Most Important Investor in Bosnia and Herzegovina" for 2024.

On December 5, 2024, the of Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA) organized an event in Jahorina called "The Selection of the Most Important Investor in Bosnia and Herzegovina" for 2024.

FIPA has been organizing this event for 19 years in order to express gratitude to foreign companies that invest in BiH, employment in the citizens of BiH and contribute to the economic development of our country.

For 2024, 12 companies received a plaque for the achieved results in business.

These 12 companies have invested 365 million BAM so far, and they employ 3,766 workers in Bosnia and Herzegovina.

Awarding companies for 2024, coming from different industries, are:

1.EFT INVESTMENTS LIMITED BILEĆA (investment from Great Britain)
2. PORSCHE BH D.O.O SARAJEVO, PORSCHE INTER AUTO BH D.O.O SARAJEVO, PORSCHE IMMOBILIEN BH D.O.O SARAJEVO (investment from Austria) 

3. LACTALIS BH D.O.O I INMER GRADAČAC (investment from France)

4. GS - TVORNICA MAŠINA TRAVNIK D.O.O TRAVNIK (investment from Germany)

5. PASS DOO BIJELJINA (investment from Germany)

6. KS TUEREN KS ALUMINIUM D.O.O ŠIROKI BRIJEG (investment from Germany)

7. ISKRA EUROPA D.O.O. (investment from Slovenia)

8. ROUNDLINER BH D.O.O PRIJEDOR (investment from Germany)

9. MUBEA CARBO TECH BH D.O.O (investment from Germany)

10. JIFENG AUTOMOTIVE INTERIOR BH D.O.O ŽEPČE (investment from Germany)

11. EDNA METALWORKING D.O.O PRIJEDOR (investment from Germany)

12.AIRVENT D.O.O VELIKA KLADUŠA (investment from Austria)

As part of the ceremony, a panel titled "Why invest in BiH? Success stories" was held, where foreign investors spoke about the reasons why they decided to invest in BiH, and presented inspiring examples of investment projects that have been realized in BiH, as well as opportunities that our country offers to potential investors.

Testimonials & Success Stories
 

Global Investment Promotion Best Practices 2012 of the World Bank has cited one example of support that FIPA provides to foreign investors who are running business in Bosnia and Herzegovina in order to contribute to increase the flow of foreign capital in the country.

The article said:  

„The Foreign Investment Promotion Agency (FIPA) of Bosnia and Herzegovina was an early convert to the idea of providing facilitation services to agribusiness investors as a way to maximize the positive impact of agriculture on the economy.

In 2007, for example, FIPA assisted a Dutch food processing company establish a US$1.6 million production facility to process unused milk ingredients into value-added products in Sarajevo to sell to markets in Eastern Europe and the Middle East.

As part of its aftercare program, FIPA assisted the company with its expansion plans. Among other things, the agency helped facilitate veterinary permissions, navigate various bureaucratic hurdles and played an important role in securing funding for the company’s expansion. It also helped develop a network of local suppliers and customers. As a result of these efforts, the Dutch investor developed stronger links with the Bosnian economy, thus increasing the positive spillover effects on the local economy.

Currently a new investment to establish a drying facility for milk powder is under way. This will further expand the processing facilities of unused milk ingredients. This additional planned investment is worth approximately US$2.8 million, thus nearly trebling the company’s original investment in the country“.

 

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