The head of the Bosnia and Herzegovina Foreign Investment Promotion Agency (FIPA) Gordan Milinic said that Serbian investments in the country had totalled 2.024 bln convertible marks at the end of 2017 and that Serbia was the third-largest foreign investor in BiH, accounting for 15 pct of the total foreign investments.
Quoting figures from the BiH central bank, Milinic said this during a meeting with BiH’s newly-appointed ambassador to Serbia, Aida Smajic, Fena reported.
Telekom Srbija bought Telekom Republike Srpske for 646 mln euros in 2007, which was the largest Serbian investment – as well as the single biggest foreign investment – in BiH.
Investments in the IT and communications sector make up 70 pct of Serbian investments in the country, the report said.
Some of the most significant Serbian investors in BiH are Telekom Srbija, Komercijalna banka, Naftna industrija Srbije, Hemofarm, Swisslion-Takovo, Imlek and Galames.