Tag: #mihaelamalesevic

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.

Two-Day Training Held for Implementation of the Post-Investment Support Program for Investors in the Republic of Srpska (Aftercare Program)

As part of the Collaborative Network for the implementation of the Post-Investment Support Program for Investors in the Republic of Srpska (Aftercare Program), which includes the Ministry of Economy and Entrepreneurship and representatives from 28 local self-government units in the Republic of Srpska, a two-day training was held on April 22 and 23, 2025, at the Administrative Center of the RS Government in Banja Luka. Several important topics were presented during the training.

Participants from Bileća, Brod, Derventa, Čelinac, Foča, East New Sarajevo, Zvornik, Novi Grad, Šipovo, Šamac, Kotor Varoš, Modriča, Mrkonjić Grad, Laktaši, Prnjavor, Banja Luka, Bijeljina, Prijedor, Teslić, Pale, Sokolac, Gradiška, Vlasenica, Srbac, Stanari, Trebinje, Srebrenica, and Doboj were introduced to the key objectives, which include:

  • Systematic strengthening of cooperation between local, republic, and private sectors
  • Creation of a higher quality and more comprehensive database on existing investment barriers through field visits
  • Developing a systematic approach to solving investor problems
  • Supporting existing investors in reinvesting
  • Strengthening the capacities of local communities
  • Establishing a system for addressing the challenges faced by investors, thereby creating a more favorable business environment for investments
  • Providing better-quality information about economic flows in individual local communities
  • Providing better-quality information about investment potentials
  • A systematic and joint approach to promoting investment potentials at both the republic and local levels

Cooperation between local communities and the republic level is one of the key elements for successfully attracting new and retaining existing investments and is one of the important strategic commitments of the Republic of Srpska. In this regard, it was concluded that it is necessary to intensify the Post-Investment Support Program (Aftercare) in the 28 local self-government units, with the aim of expanding the Program to other local communities as well.

To concretize this program, the first step will be the organization of joint visits to economic entities by the Ministry of Economy and Entrepreneurship and municipalities/cities in the coming period.

One of the key instruments for attracting investors is the establishment of effective organization within local communities. A good example is the standard set through the Business Friendly Certification South East Europe (BFC SEE) Program, as well as the support of local government management in all phases of investment attraction, implementation, and monitoring.

Key information that local communities should have readily available at all times in order to provide adequate support to investors was jointly identified. There was also discussion on the regular exchange of information regarding the state of investments, and proposals were made for using best practices in establishing standards of efficient governance and promotional channels.

The Post-Investment Support Program for Investors (so-called Aftercare) has been implemented since 2013 with the aim of encouraging existing investors in the Republic of Srpska to reinvest, as well as improving ties with the local economy.

Mihaela Malešević, Head of the Local Development Department, represented the Municipality of Brod at the two-day Aftercare Program training.

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