"Bosnia and Herzegovina . . . good manpower, good clients, good results.
Is there a need for something else?”
Jean-Francois Le Roch
Initiator of having INTERMARCHE, the French group, enter B&H market
Bosnia and Herzegovina is a heart-shaped country located in South Eastern Europe, in the centre of the Balkan Peninsula. Throughout the history of this region, the eastern and western civilizations met there, merged and reinforced each other. Bosnia and Herzegovina is a country with a diverse ethnic make-up, cultures and traditions, with diverse landscapes and a long history, a place where for centuries people from all over the world have met and exchanged goods and ideas.
Bosnia and Herzegovina is very liberal and very open to economic cooperation with other countries, trade and foreign investments, and the profitability of business in B&H has been shown by many successful projects so far. Advantages for investing and doing business in Bosnia and Herzegovina are above all its favorable geographical position, extraordinary natural resources and educated and qualified labor force.
Bosnia and Herzegovina has a very favorable geographical position – being on the crossroads between the West and the East, Mediterranean and the Continent, two hours' flight distance from European business centers.
Bosnia and Herzegovina has extraordinary natural potential and resources that can be of interest to foreign investors.
Bosnia and Herzegovina has a highly qualified and motivated workforce, with long industrial tradition. Companies in BiH have rich tradition of successful participation in international projects worldwide.
Law on the Policy of Foreign Direct Investments of Bosnia and Herzegovina ensures equal treatment of foreign investors and foreign investors enjoy the same rights and obligations as residents of B&H.
Bosnia and Herzegovina is a full member of the World Bank and the International Monetary Fund. B&H has stable currency (KM) linked to EURO so it is one of the most stable national currencies in Southeast Europe. Inflation is under control and does not exceed the rate of inflation in the European Union.
Bosnia and Herzegovina has a uniform rate of VAT (17%) which is the lowest in the region.
Bosnia and Herzegovina has a large number of available industrial zones, attractive sites and available production facilities.
Bosnia and Herzegovina is important energy producer and the only exporter in the region.
Bosnia and Herzegovina has signed a number of regional and bilateral trade agreements that allow the placement of products from BiH without custom duties to markets of over 50 million consumers under the Free Trade Agreement (CEFTA and EFTA), as well as an additional 80 million consumers under the Free Trade Agreement with Turkey (FTA).
Bosnia and Herzegovina has a clear path of joining the European Union, which in the long run implies further increase of its economic competitiveness. B&H has largely harmonized its legislation with EU standards.
Bosnia and Herzegovina is an attractive tourist destination, which besides natural beauties also has a specific mix of different cultures and civilizations, and because of the moderate climate, it is a pleasant place to spend time and relax during the summer heat, and also offers a lot of opportunities for recreation and winter sports during the winter.