Ambassador of Germany visited FIPA

The German Ambassador to BiH, HE Christian Hellbach visited today the Foreign Investment Promotion Agency (FIPA) and wished success in the work of the new director Gordan Milinić and his associates. The Ambassador Hellbach pointed out that the Federal Republic of Germany strongly supports the economic development of BiH, social reform and politics that leads the country to progress. At the list of the most important investors in BiH, Germany is ranked at the 6^th position, and it is also among the largest donors.

The largest investors from Germany, such as Heidelberg Zement, Messer Gresheim, Xella International, Meggle Eastern Europe, Zott Holding International and others successfully operate in BiH and make plans on reinvestment, and few significant investments from Germany are under implementation. The German fund KfW is involved in the implementation of wind parks Mesihovina, Podveležje and Hrgud.

It was agreed that the Embassy will orient all potential investors in BiH to FIPA, which will follow them and help them from the very beginning of the project, will follow them in the realization of the investment, business registration, obtaining the necessary documents and the removal of any obstacles.

The Ambassador drew attention to several German investors who currently have problems with the local administration and suggested that the FIPA intervenes through its "Aftercare" in order to solve these problems.

It was also agreed to intensify cooperation FIPA with the Representation of the German economy in BiH.