FIPA Activities

SUCCESSFUL INVESTMENT STORY IN THE FIELD OF TELECOMMUNICATIONS CALLED TELEMACH

6/24/2011

Among the most successful stories in Bosnia and Herzegovina realized in 2010, it should be mentioned the Telemach company which was created by emerging firms of Cabel Net, Elob and Global Net in 2010.

Indeed, the European Investment Fund Mid Europe Partners, based in London, the owner of several telecommunications company across Europe entered the BiH market by buying the Cabel Net, Elob and Global Net in 2010.

The fund took over these three companies and emerged them into Telemach company with aim to improve the services quality, by introducing the highest standards existing in the telecommunications world.

To learn more about the conditions in which this firm operates in Bah, the representatives of the Foreign Investment Promotion Agency of BiH (FIPA), within the Aftercare programme for 2011, visited Telemach doo in Sarajevo on 24th June and met with the Director, Mr. Husein Jusic.

In addition to some remarks on the slowness of the public administration and the judiciary institution in the country, the Director Jusic pointed out among others that he is generally satisfied with business operations in BiH.

Testimonials & Success Stories
During his official visit to Sarajevo, Mlađan Dinkić, Vice-president of the Government of Republic of Serbia, which already invested € 832 million in our country, emphasized huge potentials and investment opportunities of Bosnia and Herzegovina, concluding in an interview:
„It is worthwhile to invest in Bosnia and Herzegovina“
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