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September 16, 2025 in Uncategorized

The 787 Foundation opens the door to new business ideas

The BizUp Goes Green&Digital program (more information at the link) is co-financed by the European Union (EU) and the Federal Ministry for Economic Cooperation and Development of the Federal Republic of Germany through the Private Sector Development Initiative in BiH. This initiative is part of the broader GIZ Sustainable Economic Development and Employment Promotion (SEDEP) program in BiH.

The program is open to female entrepreneurs from all over Bosnia and Herzegovina who want to strengthen their businesses and actively contribute to the green transition through innovative practices (whether it is the use of sustainable materials, energy efficiency, circular economy, waste reduction, environmental protection or other sustainable business models) as well as improving their digital presence, automating processes, using digital tools and platforms or developing digital products and services.

The goal of the program is to provide support to female entrepreneurs in developing and improving green, digital and sustainable business practices, mastering specific knowledge and skills in the field of sustainably responsible business, and strengthening the competitiveness, resilience and visibility of their businesses on the market.

August 5, 2025 in Announcement, english, Incentives

Public call of the Ministry of Economy and Entrepreneurship for the award of incentives for the promotion of small and medium-sized enterprises in 2025

The public call was published on August 2, 2025 in the daily newspaper “Glas Srpske” and on the website of the Ministry of Economy and Entrepreneurship and remains open until Monday, August 25, 2025.

July 28, 2025 in Announcement, Economy

Public call of the Ministry of Economy and Entrepreneurship for the award of incentives for improving the competitiveness of small and medium-sized enterprises in 2025

The public call was published on July 26, 2025 in the daily newspaper “Glas Srpske” and on the website of the Ministry of Economy and Entrepreneurship and remains open until Monday, August 18, 2025.

The text of the public call and forms can be downloaded from the website of the Ministry of Economy and Entrepreneurship of the Republic of Srpska.

Additional information by phone: 051/338-993 or 051/338-909 or e-mail:

m.acimovic@mpp.vladars.rs and o.smitran@mpp.vladars.rs.

July 25, 2025 in Development, Economy

Economic Potentials of the Municipality of Brod Presented at the Economic Forum of Republika Srpska and the Republic of Tatarstan

As part of strengthening economic and trade ties between Republika Srpska and the Republic of Tatarstan, the President of the Chamber of Commerce of Republika Srpska, Goran Račić, and the Vice President of the Chamber of Commerce of the Republic of Tatarstan signed a cooperation agreement on Wednesday, July 23, in Banja Luka.

This agreement represents a significant step toward enhancing bilateral economic cooperation between the two republics.

Following the signing ceremony, the Republika Srpska – Republic of Tatarstan Economic Forum was held, featuring more than ten domestic companies from the agriculture and food processing sectors. The forum also included a series of bilateral meetings, during which representatives of the Tatarstan delegation had the opportunity to familiarize themselves with ten local communities from Republika Srpska.

The Municipality of Brod was represented at the forum by Mihaela Malešević, Head of the Local Development Department, who presented in detail the economic potentials of this local community. During the presentation, the efforts made by the municipality to attract investments were highlighted, as well as the numerous benefits and opportunities Brod offers to potential investors.

The main goal of the forum was to showcase the economic potentials of Republika Srpska, with a focus on establishing and strengthening investment cooperation with the Republic of Tatarstan.

The event was attended by high-ranking officials, including the Ambassador of the Russian Federation to Bosnia and Herzegovina, Igor Kalabukhov, the Head of the Republika Srpska Representation in Moscow, Duško Perović, the Prime Minister of Republika Srpska, Radovan Višković, ministers from the Republika Srpska government, and numerous entrepreneurs.

At this forum, the Municipality of Brod further emphasized its strategic importance as an attractive investment destination, thereby contributing to the promotion of economic development and regional cooperation.

July 9, 2025 in Announcement, Business zone, Development, Economy

Verification visit completed: Municipality of Brod on the way to the second BFC SEE certification

The Municipality of Brod has successfully completed another significant stage in the process of certification of cities and municipalities with a favorable business environment in Southeast Europe (BFC SEE – Business Friendly Certification South East Europe).

Yesterday, a verification visit was held in the premises of the Municipal Administration by an international commission consisting of: Mišel Pavlica (Republika Srpska), Jovica Damnjanović (Serbia) and Petar Trpčevski (North Macedonia).

The visit was also attended by Olivera Radić and Svjetlana Kević Zrnić, as representatives of the Chamber of Commerce of the Republika Srpska, which is an accredited institution for the realization of the favorable business environment certification program in the Republika Srpska.

During this phase of the process, the commission analyzed the compliance of the local self-government with the requirements of this internationally recognized standard, which includes ten complex criteria and a total of 62 sub-criteria, including 15 elimination ones.

The municipality was obliged to submit 35 numerical indicators, as well as six examples of good practice. The key condition for obtaining a certificate is the fulfillment of at least 75% of all criteria, with mandatory fulfillment of all elimination criteria.

The BFC SEE certification process takes place through several stages, and the verification visit, which included a detailed analysis of the submitted documentation and an assessment of the fulfillment of standards, represents the final check.

The evaluation commission determined that the Municipality of Brod fulfilled 83.85% of all prescribed criteria, which confirms the continuous work on creating an efficient, predictable and attractive business environment.

The verification visit was attended by Mayor Milan Zečević, Head of the Department for Economy and Social Activities Draženka Duronja, Head of the Department for Local Development Mihaela Malešević, as well as members of the Certification Program Implementation Team led by coordinator Boro Grabovec.

In order to comprehensively assess the business environment, the members of the commission also held a meeting with the president of the Economic Council of the Municipality of Brod, Gradimir Vukman.

Mayor Milan Zečević emphasized the commitment of the Municipal Administration to focus on the promotion of the economic potential of the municipality in order to attract domestic and foreign investors, and expressed his belief that the renewal of the BFC SEE certificate will contribute to the achievement of the set goals.

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