Business News

ECONOMIC COOPERATION BETWEEN SLOVENIA AND BIH

Business News

12/03/2012

According to data of the Bank of Slovenia, the total value of Slovenian direct investments in B&H was 612.6 million EUR at the end of 2011, which represents, after Croatia and Serbia, the largest share of Slovenian investments in the Western Balkans, said Slovenian Ambassador to BiH Andrej Grasselli.  

According to him, Slovenian firms remain very active in the market of Bosnia and Herzegovina, which is showed by the fact that more than a hundred firms, with the majority Slovenian capital in B&H, employ approximately 15,000 workers and makes a great part of B&H exports.

The Ambassador Grasselli assessed the economic cooperation between Slovenia and B&H as very well-developed and intense.

"B&H is the 11th most important trading partner of Slovenia, looking at trade value which in 2011 amounted to 930.81 million Euros, and which is comparing to 2010 higher by nine percent. Positive fact which confirms the trend of good trade is its low imbalance and coverage of B&H export by Slovenian import of 80 percent," Grasselli said.

He pointed out that in the first half of 2012, value of Slovenian exports to B&H market was 279.57, and the value of imports 178.84 million Euros, which is, comparing to the same period last year, an increase of 3.4 percent in exports and decrease of 5.2 percent in imports.

"The trend of drop in imports from B&H is present through the entire 2012, and a joint semi-annual trade value, comparing to the same period last year, remains at the same level," said Grasselli.