Bosnias biggest telecommunication firm, BH Telecom, said its net profit fell 2.4% to BAM 134mn (EUR 68.7mn) last year. The companys operating revenue rose to BAM 583mn from BAM 580mn in 2010, while its revenue increased to BAM 441mn in 2011 from BAM 420mn a year earlier, its financial statement posted on the securities commissions website showed. BH Telecoms total assets climbed 1.8% on the year to BAM 1.48bn at end-2011. The company is 90%-owned by Bosnias Federation government, while the remainder belongs to smaller shareholders. The operators competitors in Bosnia are Telekom Srpske and HT Mostar. |
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