Home Page

Latest Business News

western-balkans-lag-in-structural-reforms-imf-says
11 Mar 15

Balkan Economies Falling Behind, IMF Warns

The Western Balkan are lagging behind other former Communist transitional countries and need to complete the transformation process that began two decades ago, an IMF report says.  

oil-deposits-in-bosnian-serb-entity-insufficient-for-exploration-1
24 Feb 15

Oil Probe Draws Blank in Bosnian Serb Entity

Oil has been found in the north of Republika Srpska - but not enough to justify exploitation, a minister has warned, adding that the search would go on.

bosnia-eyes-wto-membership
23 Feb 15

Bosnia Eyes WTO Membership in 2015

Bosnia expects to sign an agreement with the World Trade Organization by the end of this year, which it hopes will result in more foreign investment as well as more trade.



bosnia-s-federation-announces-privatization-plans
19 Feb 15

Bosnia Federation To Raise Cash From Privatization

The government of Bosnia's mainly Bosniak and Croat Federation entity plans to sell its remaining shares in several large companies to ease its financial problems.

businesses-leave-bosnia-over-low-purchasing-power
17 Feb 15

Bosnian Serbs Take Last Bite of Big Mac

Fast food giant McDonald's is closing its doors in Banja Luka - another victim of the deteriorating business climate that is hitting shops and firms across the country.

world-bank-cuts-croatian-gdp-growth-predictions
14 Jan 15

World Bank Revises Croatia's GDP Growth Down

In more bad news for the struggling centre-left government, the World Bank has altered its earlier forecast of Croatia’s GDP growth in 2015, cutting it from 1.2 to 0.5 per cent.

snow-saved-bosnia-mountain-s-ski-season
02 Jan 15

Snow Lifts Spirits in Bosnia's Ski Resorts

Bosnia's mountain resorts are packed with tourists this year, celebrating New Year's Eve in the freshly fallen snow.

bosnia-federation-without-2015-budget
01 Jan 15

Bosnia Federation Unable to Adopt 2015 Budget

Delays in forming a government in Bosnia's Federation entity have led lawmakers to adopt a decision on temporary financing, instead of a 2015 budget that would allow for new programmes.

bosnia-electricity-market-to-open-in-2015
29 Dec 14

Bosnians in Dark About Choosing Power Supplier

The electricity market in Bosnia is opening up to competition from January 1 - but few people have been informed about the changes on offer - and what they will mean.

montenegro-drops-in-forbes-business-ranking
18 Dec 14

Montenegro Drops in Forbes Business Ranking

Montenegro has dopped down four places in this year’s Forbes magazine’s list of 'best countries for business,' ranking in 48th place out of 146 surveyed states, although it remains above several EU member states.

no-economic-recovery-in-sight-for-croatia-and-serbia
18 Dec 14

Raiffeisen Gloomy About Croatia, Serbia Economies

Regional analysis conducted by Raiffeisen bank says the economies of Serbia and Croatia saw no growth in 2014 and will not do much better in 2015 - while the outlook for other countries is somewhat brighter.

purchasing-power-in-region-far-below-eu-average
12 Dec 14

Albania and Bosnia Lag in Europe GDP Table

Albania and Bosnia have the lowest GDP per capita of 37 European countries examined, while Bulgaria is the EU's poorest country, the bloc’s statistics office, Eurostat, said on Thursday.

bosnia-export-to-russia-questioned-amid-eu-sanctions
27 Nov 14

Bosnia Denies Busting Russian Sanctions on EU

Bosnia sought to assure Russia that it was not being used to transit agricultural products from EU countries and breach sanctions that Moscow imposed on Brussels amid the Ukraine crisis.

bosnian-firms-troubled-by-slovenian-supermarkets-debts
04 Nov 14

Bosnian Firms Claim Slovenian Supermarket Chain 'Robbed' Them

Around a hundred Bosnian firms - which claim they were robbed when the Slovenian supermarket chain Tus quit the country leaving millions in debts to suppliers - have started a joint fight for compensation.

balkans-creating-a-better-economic-climate
29 Oct 14

Balkans Do Better in 'Doing Business' Report

Most Balkan states have improved their positions in the World Bank's latest “Doing Business” report - some much more than others.

Politics and Society

balkan-media-freedom-in-sharp-decline-report
27 Mar 15

Balkan Media Freedom in ‘Sharp Decline’, Report

A new report says media freedom and integrity in Bosnia, Macedonia and Serbia have deteriorated over the past months, blaming it on the countries’ governments - and on the EU.

Premium

bosnia-s-flood-bill-will-fall-mainly-on-citizens
08 Aug 14

Bosnia’s Flood Bill Will Fall Mainly on Citizens

It is only now sinking in that most of the foreign money pledged for post-flood reconstruction is coming in the form of loans - which Bosnia will have to repay.

Culture and Lifestyle

danube-salmon-endangered-by-planned-balkan-hydroelectric-plants
19 Mar 15

Power Dams Pose Threat to Rare Balkan Salmon

Planned hydroelectric power plants on Balkan rivers pose a deadly threat to the survival of the Mladica, known as the Balkan salmon, the NGO Riverwatch says.