Bosnia expects to attract Foreign Direct Investments (FDI) of between KM 0.95-1.5bn (EUR 0.5-0.8bn) in 2011, Nezavisne novine daily reported. The investments will be mainly related to the privatisation of a number of companies this year, as part of the governments Economic and Fiscal Programme for the period 2011-2013, drafted by the Directorate for Economic Planning. The government plans to offer for sale engineering company Energoinvest (expected to bring some KM 148mn in the state coffers), aluminium smelter Aluminij Mostar (KM 75.1mn), drug maker Bosnalijek (KM 26.7mn), engineering firm Unis (KM 32.4mn), and builder Hidrogradnja (KM 47.4mn). Net FDI in the country plunged to minus KM 120.7mn in the first nine months of 2010, compared to a net inflow of KM 325.1mn in the same period of 2009, according to the latest available data. |
The European Commissions director general for enlargement Stefano Sannino has invited the leaders of Bosnias seven main political parties for consultations in Brussels on March 22 in an attempt ... more
Growth of consumer prices in Bosnias Serb Republic eased to 0.9% y/y in February from 1.5% y/y in January, as the annual decline of clothing and footwear prices widened, the entitys statistics ... more
Bosnias Federation has failed to sell its 67% stake in engineering company Hidrogradnja due to lack of investor interest, the entitys privatisation agency said in a statement. The remaining 33% ... more