Imports account for 46% of the 307mn litres of milk consumed annually in Bosnia and Herzegovina, the SRNA news agency reported. Of the total consumption, 142mn litres belong to FBiH and 81mn litres - to the Serb entity Republika Srpska. Bosnian milk processing companies mainly produce UHT milk for the domestic market and import powder milk as well as butter and other expensive milk-based spreads, news portal biznis.ba quoted Kemal Hrnjic, deputy manager at the Bihac-based local unit of German dairy company Meggle, as saying. The statement was made at a meeting between representatives of milk processing companies and FBiH prime minister Mustafa Mujezinovic. The agenda of the event included a wide range of issues such as the quantity of state aid provided to dairy companies, possibilities for increasing exports and the risk for small market players to go out of business once the need to boost quality to comply to EU standards becomes more pronounced. |
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