Prevent to quit Bosnia unless business environment improves.

By bne IntelliNews October 12, 2010
Sarajevo-based diversified ASA Prevent Group might suspend its investments in Bosnia and direct its capitals elsewhere, if the business environment in the country does not improve, Adnan Smailbegovic, head of the company's production division, said. Smailbegovic added that the new government should take urgent measures to improve the functioning of the institutions, which influence the functioning of the local companies, newswire reported. Prevent has been present in Bosnia since 1999 and for 10 years it invested KM 91mn (EUR 46.5mn) in the country.

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