AUSTRIAN COMPANIES INVESTED 1,8 MIL EUR IN BIH

According to the Economic Advisor of the Austrian Embassy in BiH, Peter Hasslacher, Austrian companies invested about 1.8 billion EUR in Bosnia and Herzegovina. Austria has 200 companies that are running business in BiH and that want to keep investing. 

According to the Economic Advisor of the Austrian Embassy in BiH, Peter Hasslacher, Austrian companies invested about 1.8 billion EUR in Bosnia and Herzegovina.

Austria has 200 companies that are running business in BiH and that want to keep investing.

Speaking of the advantages and disadvantages of the BiH market, according to Mr. Hasslacher, Bosnia and Herzegovina has a tax system that is attractive compared to the surrounding countries, skilled workforce and a favourable location for production, but on the other hand, there is the unordered infrastructure and legislation, and contentious legal and political instability.

Currently, four Austrian companies in BiH are looking for a location, mostly metal and manufacturing industry, and the production of building materials.