Promo from Donji Vakuf, Bosnia, has become the exclusive partner in the construction of prefabricated buildings for the needs of Iraqi investors.
By signing the Memorandum of interstate cooperation with the Iraqi ministry of transport and communications, Promo - the leader in manufacturing of prefabricated buildings in the region, has become the exclusive partner in the construction of prefabricated buildings for the needs of the ministry.
- In early November this year, along with representatives of Hidrogradnja (othre Bosnian company), we shall visit Iraq. We expect to specify the details of the project, which would mean the construction of residential and holiday homes, school facilities, kindergartens, sports facilities and various support facilities - highlights Kemal Colak, CEO of Promo.
In his words, this contract will engage full production capacity of the company and will bring about increase of work force. The first deliveries should begin in the spring of 2010.
2009-07-25
2009-06-16
Freeborn Development Group (FDG) planning to invest in Bosnia
President of the American investment company Freeborn Development Group (FDG) Mr. John Freeborn presented the plan for potential investment to the representatives of the business community and the authorities in Brcko, Bosnia, a few days ago.
FDG was also represented by Ibrahim Vajzovic from Brcko, who is a senior consultant at FDG.
"Despite the present recession, there is money that can be invested. I managed to convince American investors to come to Bosnia and experience this favorable business climate" - said Vajzovic.
He added that they held a series of successful meetings and presentation of investment plans in several Bosnian citiez, such as Brcko, Sarajevo and Tuzla.
"We are interested in projects in various fields of economy, ranging from several hundreds of thousands of dollars, to several tens of millions. It's hard to talk about the final amount, because it depends only of the quality of the proposed projects "- explained Vajzovic.
Vajzovic said that they will take a dozen proposed projects with them for further analysis, and that they will be discussed in the next few months.
"We will conduct thorough analysis and we plan to return in October with proposals and the investment plans. We are interested in projects in the field of agroculture, meat production, wood processing, construction and mechanical engineering, but the list is not final" - said Vajzovic.
FDG was also represented by Ibrahim Vajzovic from Brcko, who is a senior consultant at FDG.
"Despite the present recession, there is money that can be invested. I managed to convince American investors to come to Bosnia and experience this favorable business climate" - said Vajzovic.
He added that they held a series of successful meetings and presentation of investment plans in several Bosnian citiez, such as Brcko, Sarajevo and Tuzla.
"We are interested in projects in various fields of economy, ranging from several hundreds of thousands of dollars, to several tens of millions. It's hard to talk about the final amount, because it depends only of the quality of the proposed projects "- explained Vajzovic.
Vajzovic said that they will take a dozen proposed projects with them for further analysis, and that they will be discussed in the next few months.
"We will conduct thorough analysis and we plan to return in October with proposals and the investment plans. We are interested in projects in the field of agroculture, meat production, wood processing, construction and mechanical engineering, but the list is not final" - said Vajzovic.
Italian investors purchase Bosnian IT-brand
Bosnian IT-brand "IT Computers", was purchased by an Italian investor, said Nihad Softic the CEO of IT Computers.
"The brand "IT Computers" will in this way remain on the Bosnian market, and the new Italian owner will set a new direction," Softic said.
In his words, a contract with the Italian investor was signed last week, details about the contract and the investor's identity will be announced next week.
"The brand "IT Computers" will in this way remain on the Bosnian market, and the new Italian owner will set a new direction," Softic said.
In his words, a contract with the Italian investor was signed last week, details about the contract and the investor's identity will be announced next week.
2009-06-03
2,5 billion EURO investment in Bosnian energy sector
Elektroprivreda BiH is in the process of investment in new production facilities and renewable energy sources, as well as absorption of coal mines it recently acquired - said Jerlagić Amer, CEO of the company.
"By the end of 2020 we plan to build new hydro, wind and thermal power plants with combined power of 1800 MW amounting to annual production capacity of more than eight TWh. The value of these investments is 2.5 billion euros," he added.
"Investments in the rehabilitation of existing and construction of new facilities, in three coming years will amount to 700 million euros," said Jerlagić during his the welcoming address to the participants of international colloquium CIGRE, that started in Sarajevo today.
Construction of new power plants, he says, is a prerequisite for development and positioning of Elektroprivreda BiH as leader in the region of south-eastern Europe.
Elektroprivreda BiH Sarajevo is the largest power producing company in Bosnia with 1670 MW installed capacity, annually producing 6.5 TWh of electricity, of which one third is exported or sold to other companies within Bosnia. Annual income of the company is 450 million and it supplies more than 670,000 customers.
"By the end of 2020 we plan to build new hydro, wind and thermal power plants with combined power of 1800 MW amounting to annual production capacity of more than eight TWh. The value of these investments is 2.5 billion euros," he added.
"Investments in the rehabilitation of existing and construction of new facilities, in three coming years will amount to 700 million euros," said Jerlagić during his the welcoming address to the participants of international colloquium CIGRE, that started in Sarajevo today.
Construction of new power plants, he says, is a prerequisite for development and positioning of Elektroprivreda BiH as leader in the region of south-eastern Europe.
Elektroprivreda BiH Sarajevo is the largest power producing company in Bosnia with 1670 MW installed capacity, annually producing 6.5 TWh of electricity, of which one third is exported or sold to other companies within Bosnia. Annual income of the company is 450 million and it supplies more than 670,000 customers.
Bosnian food producer - Klas - maintains strong export
"To the US we mostly export Bosnians cakes prepared according to traditional recipe. Thus, our cakes can be found in shops in the New York City, Chicago and Saint Louis. It is interesting to see that demand for our products has not decreased in the distant Australia either, "says Benjamin Vukotic, deputy CEO for sales and marketing.
We have large demand for our cakes in Croatia while consumers in Denmark, Sweden, France and the Netherlands love our frozen traditional Bosnian bread (somun) that is widely used in many fast food restaurants.
Among the most attractive products outside Bosnia is pastry, flour, especially our brand "Golden powder" and raspberries. Raspberries, grown, processed and packaged in Bosnia are mostly exported to Belgium, while biggest purchasers of flour are to be found in Sweden, and Montenegro.
We have large demand for our cakes in Croatia while consumers in Denmark, Sweden, France and the Netherlands love our frozen traditional Bosnian bread (somun) that is widely used in many fast food restaurants.
Among the most attractive products outside Bosnia is pastry, flour, especially our brand "Golden powder" and raspberries. Raspberries, grown, processed and packaged in Bosnia are mostly exported to Belgium, while biggest purchasers of flour are to be found in Sweden, and Montenegro.
2009-05-26
Microsoft Innovation Forum held in Sarajevo, Bosnia
New Microsoft technologies and products were presented to the representatives of Bosnian governmental institutions, business life and media today in Sarajevo. Speaking about this important gathering of experts and managers, head of Microsoft in Bosnia - Mrs. Lejla Zukić-Krivdić pointed out that innovations are an inseparable part of this corporation.
"How important the market of Bosnia is for our corporation is illustrated by the fact that the head of the Microsoft Europe, Mr. Jan Muehlfeit, visited this event. In addition to his presentations he will also participate in a very interesting panel, together with eminent representatives of the Bosnian business and the academic community"- added the director of Microsoft in Bosnia.
"How important the market of Bosnia is for our corporation is illustrated by the fact that the head of the Microsoft Europe, Mr. Jan Muehlfeit, visited this event. In addition to his presentations he will also participate in a very interesting panel, together with eminent representatives of the Bosnian business and the academic community"- added the director of Microsoft in Bosnia.
Procurement notice from Bosnian Telecom - your chance to sell
BH Telecom Joint Stock Company Sarajevo has announced in the „Official Herald of B&H“ No. 38/09 from 18 May 2009 and on www.bhtelecom.ba/poslovni_odnosi.html the following:
Procurement Notice on GSM Installation Material by Open Procedure No. : 03-7468/09
Subject to Procurement:
LOT 1 - GSM installation material: cables, connectors and roxtec for the GSM base stations
LOT 2 - GSM installation material: installation equipment for GSM base stations
Place of Delivery: Place of delivery is according to Tender Documents.
Tender Submission Deadline: 15 June 2009 Up to 14:00
Tender Procedure: Open procedure.
Orderer/Purchaser: BH Telecom Joint Stock Company Sarajevo, Obala Kulina bana 8, 71000 Sarajevo, Bosnia and Herzegovina.
Tender Documents: Protocol Office (every working-day from 08:00 to 16:00).
Payment for Tender
Documents: Yes, 35.00 KM / 18.00 EUR
Web site: www.bhtelecom.ba/poslovni_odnosi.html
Contact: amina.zekic@bhtelecom.ba or fax: +387 33 22 45 36
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