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The Republic of Srpska is a reliable partner to investors


The Minister of Industry. Energy and Mining Petar Đokić said that the Republic of Srpska successfully presented its potentials at business forum in Germany and demonstrated prospects for realization of new investments of mutual interest.

As a member of the Republic of Srpska delegation at the forum titled 'The Republic of Srpska economy day', which was being held in Stuttgart, the Minister Đokić pointed out that the Republic of Srpska needed the investments and that the Government was willing to support their development.

'We have proved ourselves to be a reliable partner to all investors in the previous period and we have demonstrated the ability to realize all obligations', said the Minister Đokić.

He emphasized that the delegation of the Republic of Srpska had an opportunity to talk with German businessmen and the representatives of the Baden-Wurttemberg institutions about more concrete models of cooperation with the Republic of Srpska.

'I want to emphasize that German businessmen have already been interested in a more concrete cooperation. I am particularly pleased with the interest of our people who have been successfully developing their business in Germany for many years and who want to transfer some of their business to the Republic of Srpska,' said the Minister Đokić.

He added that he had recently spoken with the representatives of the Falstaff Company about some interesting investment ideas and that German partner Paul Bernhard was already successfully realizing his business plans within a new joint company 'MOFAS' in Istočno Sarajevo.

The Minister Đokić said that German company Bader in Šamac was successfully producing the metal constructions and that German capital was present in the 'Šumaplast' company in Bijeljina, which deals with the production of aluminium and PVC joinery.

'I am convinced that the representative delegation of businessmen of the Republic of Srpska, which is also here, will propose concrete suggestions for the cooperation in direct contacts,' said Đokić.

The Minister Đokić emphasized that German businessmen were very interested in energy, particularly in the field of energy production from renewable sources.

According to him, the Republic of Srpska had fully regulated this field through the enactment of the necessary legislation and establishing of incentive system, which has been successfully functioning since 2012.

'What is interesting for the investors is that the Law on Renewable Energy Sources and Efficient Cogeneration and the Law on Concessions do not require a procedure for allocation of concession to be conducted for small power plants up to 250 kWh,' said Đokić.

He added that he believed that that conference would be a new and more decisive stimulus to German businessmen to invest in the Republic of Srpska, that is BiH.

The delegation of the Republic of Srpska at the business forum in Stuttgart was chaired by the Deputy Prime Minister of the Republic of Srpska Srebrenka Golić. Besides the Minister Đokić, the delegation comprised of the Minister of Economic Relations and Regional Cooperation Zlatan Klokić, the General Manager of the Power Utility of the Republic of Srpska Branislava Milekić, the President of the Chamber of Commerce of the Republic of Srpska Borko Đurić, the Director of the Chamber of Commerce of the Republic of Srpska Dragica Ristić, and representatives of the business cummunity of the Republic of Srpska.

The aim of the business forum, which was organized by Representative Office of the Republic of Srpska in Stuttgart, was to present the business potentials of the Republic of Srpska and to establish contacts between businessmen from the Republic of Srpska and  the German Baden-Württemberg Province.​

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