FIPA Activities

Working Visit to Otto Bock Adria d.o.o. Sarajevo

10/3/2025

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Representatives of the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA), together with partners from the Ministry of Economy of the Sarajevo Canton and the Municipality of Novi Grad, visited Otto Bock Adria d.o.o. Sarajevo.

Otto Bock Adria d.o.o. Sarajevo is part of a global group specializing in the development and production of orthopedic aids, including prosthetics and orthotics, wheelchairs, and related materials. The company has been operating in Bosnia and Herzegovina (Sarajevo) since 1997, with additional offices in Tuzla and Mostar. This German company has a presence in 52 countries worldwide and has been striving for over 100 years to provide the best possible quality of life for people with disabilities.

In Bosnia and Herzegovina, the company has developed production and trade operations and employs 22 people, whom they train themselves for this specialized work.

The company is also involved in numerous social and community initiatives, contributing to the community in which they operate.

During the meeting, discussions focused on the company’s operations, challenges at the Bosnian market, and plans for further expansion.

Further cooperation and support for the continued success of this company were also agreed upon.

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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