Download the brochure about BEAR in PDF

BEAR brosura B5 Engleski.indd 1 9/18/13 2:53 PM

Teslić - At the Service of InvestorsInvestors in our municipality receive professional support and incentives for investment.

Professional staff at the Development Department provide assistance with necessary administrative procedures. The procedures for investment in our municipality have themselves been optimally streamlined and simplified. The municipality recently decided to introduce

very advantageous lease arrangements in the business zone: a symbolic price of 1 BAM/m² provided that the investor retains the agreed number of workers and production activities over a period of ten years. After ten years, ownership of the plot is transferred to the investor. Our municipality has always had great potential in the wood processing industry in addition to other activities maintained by the hard-working people of this region.

Tešanj - We make the right choices Today, in Bosnia and Herzegovina, but also in Southeast Europe, Tešanj has the reputation of

being home to many entrepreneurs. It earned its reputation thanks to its development to date, which has been characterised by a close-knit combination of a dynamic economy and local self-governance. The cornerstone of the economy in Tešanj has been the automotive industry, which in the

past 40 years has done business with top international companies. The link with the economy encouraged us to choose the right stuff and recognise what is important for businesspeople and what they need. We implemented comprehensive local self-governance reforms, and in

A Word of Welcome

the post-war period, the municipal authorities have lent their support to the development of infrastructure and the establishment of new business zones. Today, all the zones are mostly filled to capacity, providing employment for almost a thousand people, in large part due to the fact that the Tešanj Municipality offers good incentives to investors, and invests in young entrepreneurs. The Business Association and municipal authorities provide each other with strong support, while the Tešanj Development Agency (TRA) is always at their disposal. The Mayor makes himself available to businesspeople during the day and tries to visit at least two companies every two weeks. We visit companies when they embark upon new investments, and also when they celebrate their success. This has become a tradition. Žepče - This is a Place of Hard-Working People who want to make something good Potential investors are more than welcome and have our greatest support.

The municipality of Žepče has become recognisable for the rapid development of private entrepreneurship. Along the motorway going by Žepče, you see production plants lined up one next to the other. We have been very flexible, doing our best to meet the needs of investors in

the municipality, we simplified procedures and charged only small, symbolic municipal fees. At the same time, we also focused on agriculture development. Our greatest feat and achievement is that Žepče is now a healthy and open environment, people have regained confidence, everyone has equal opportunities to show what they know and what they can do, especially in terms of economic development. Žepče is a place to live and work.Today, we have every right to say that this is a place of hard-working people who want to make something good. It is simply worthwhile to work and invest in the municipality of Žepče.

Suad Huskić,Mayor of Tešanj

Milan Miličević,Mayor of Teslić

Mato Zovko,Mayor of Žepče


BUSINESS EXCELLENCE AREA 3

- Your Partner in Southeast Europe

BEAR stands for Business Excellence Area - a development initiative of Teslić, Tešanj and Žepče, three local communities with a very dynamic private sector, located in Bosnia and Herzegovina (BiH).The BEAR area has strong motivation – to facilitate further economic progress by supporting private sector development. Coming to the BEAR area, you can count on significant competitive and comparative advantages offered by the three local communities:

maximum readiness of mayors and their professional teams to provide support to investors

very favourable position – quick and easy access to millions of people

favourable business costs and incentives for investors

oportunities for networking and cooperation with existing enterprises

a competitive and professional labour force with strong motivation

The BEAR area meets high standards for life and success.

More important than mere numbers, in contacts with the Mayors of Teslić, Tešanj and Žepče, you will feel welcome and that you are in the right place to make your business successful. (Alexander Märdian, German Economic Delegation in BiH)


BUSINESS EXCELLENCE AREA4

We take care of your needs

A functional service for businesspeople - local expertise at your disposal The mayors and their teams in Teslić, Tešanj, and Žepče are committed to facilitating investment. Investors are provided support at all stages of setting up a business and resolving administrative issues, as well as in communication with higher levels of government and other institutions. At their disposal, investors have professionals from the Development Department of the Teslić Municipality, the TRA Development Agency of the Tešanj Municipality and the RAŽ Development Agency of Žepče. All three local self-governance units provide

business services in the form of a One Stop Shop.All three local self-governance units are good practice examples of cooperation with a dynamic private sector.Teslić, Tešanj and Žepče have long-standing cooperation with international organisations, and in many segments of governance can serve as a model for others. Tešanj and Žepče municipal administrations have ISO 9001 certificates. All three locations will soon be candidates for Business Friendly Certification (BFC).

In Teslić, Tešanj and Žepče, the perspective of private sector in local development has the highest value. This is a strong competitive advantage of the BEAR area, the one that significantly distinguishes them from other locations in BiH and in Southeast Europe.(Edgar Schröder, Programme Leader, ProLocal in BiH, GIZ)



Favourable locationDoing business in the BEAR area also means access to export into a market of almost 600 million consumers without having to pay customs tariffs. Delivery times from the BEAR area to main European markets can be calculated in hours/days.BiH is a member of the CEFTA agreement, and the proximity of traffic communications infrastructure, as well as the proximity to the Croatian border (newest EU member state) makes the BEAR area very attractive for investment. Teslić, Tešanj and Žepče are situated in the centre of a triangle between the three regional centres (Belgrade, Zagreb, and Sarajevo) with national markets of some 16 million inhabitants that are easily accessible. This communications triangle is further connected to Rome, Vienna, Berlin, Moscow and Istanbul through the European road network and railway system.The BEAR location is also favourable in terms of availability and delivery of goods, raw materials and services for businesses present in this area.

Better transport connections than most other locations in BiH and South East Europe (SEE) The traffic infrastructure of the BEAR area enables fast, simple and efficient transport of goods. Teslić, Tešanj and Žepče are located in the north of BiH, 80-100 km from the Croatian border and the main motorway connecting Zagreb and Belgrade. The local road infrastructure is in good condition - especially in terms of connecting the business zones with the rest of the world.The international railway terminal is only 25 km away, while the closes international maritime port is 330 km away. The closest river port is 80 km away. There are also three airports in 160 km radius.

The construction of the pan-European corridor Vc through the BEAR area is a unique opportunity for investors The proximity of motorway to the business zones is a unique opportunity for investors deciding to buy land and start production operations in this area. The construction of the main motorway of the pan-European corridor Vc is under way, and it will pass through all three municipalities of the BEAR area.

Customs terminal in the BEAR area There is a customs terminal in the BEAR area (in Tešanj), which is a significant advantage for increasing numbers of businesses and investors in the BEAR area.

Trade Agreements BiH is a signatory of the Central European Free Trade Agreement - CEFTA - that covers a market of over 20 million people. CEFTA includes countries with which BiH has excellent relations and in which citizens of BiH have ease of communication; these countries are Montenegro, Macedonia, Serbia and UNMIK/Kosovo. Additionally, CEFTA also includes Albania and Moldova. With Croatia’s accession to the EU, BiH has become a neighbouring country to a community of states with the EU market of over 500 million people. The legal framework for trade between BiH and the EU is the Interim Agreement on Trade and Trade-Related Matters. With Croatia’s departure from CEFTA, the BEAR area acquired another locational advantage. In a wider perspective, BiH has good relations and cultural connections with Russia and Turkey, two countries with positive economic trends. Enterprises from these two countries are significant investors in Southeast Europe. BiH has a free trade agreement with Turkey.More information on doing business in BiH is available in on-line presentation of Foreign Investment Promotion Agency of BiH (FIPA):www.fipa.gov.ba

- Quick and Easy Access to Millionsof People

Recent findings have indicated that German companies doing business in BiH have an annual revenue growth between 6% and 30% (companies - members of German Economic Delegation in BiH).(German Economic Delegation in BiH, AHK, 2013)



The costs of production and running a business in Teslić, Tešanj and Žepče are very competitive and are among the lowest in Europe.

Very favourable tax rate in BiHBiH has one of the lowest income tax rates. With 10% of Corporate and Personal Income tax, it is one of the lowest in Europe. Value Added Tax is also among the lowest in Europe - VAT is only 17%. According to the laws of BiH, foreign investors have the same obligations and privileges as domestic and thereby double taxation is avoided.More information can be found at: www.fipa.gov.ba

Favourable Production and Business Costs, Incentives for Investors

Very competitive labour pricesLabour costs are significantly lower than in larger cities in BiH, in Southeast Europe, and the European Union. Good conditions provided in the BEAR area in terms of healthcare and education significantly contribute to the competitiveness of the labour force.

How to lease/buy property and what advantages do you have in the BEAR area? There are available land plots with the basic infrastructure in the business zones, with minimal procedures, one stop shop services and significant incentives for potential investors.

Teslić

• free plots to expand the zone or existing production plants

• plot allocation plan is flexible and adaptable

• for production activities: subsidised interest loans for creating jobs (for loans up to 100.000 BAM and for a period of 3 years)

• deferred payment of rent and contributions for constructing buildings in order to create new jobs (obligation to pay starts with receipt of occupancy and operations permit, limited to a period of up to two years)

• land at favourable rates for constructing economic capacities (1 BAM per m²)

• minimal taxes and procedures

Tešanj

• business zones (with basic infrastructure for new investments - BZ Bukva and BZ Glinište - first phase of 18 plots with built infrastructure)

• waiver of all taxes and local fees under certain conditions for investment in BZ Bukva

• minimal procedures

• one stop shop services for investors through the TRA Tešanj Development Agency

• networking, information and subcontracting with the aid of the Business Association - Business Centre Jelah/Tešanj

• electronic administration (electronic management of data and documents, 5S, CAF methodology, project approach, administrative procedures registry, support to the best ideas, 72 hour call centre system...)

Žepče

• land equipped with basic infrastructure in the business zone Polja

• lower fees for construction permits for production capacities

• sectors: food, textile, IT industry and light metal products industry

• professional and expert assistance at all stages of business through municipal services and the Žepče Development Agency (RAŽ)

• one stop shop services for investors through the RAŽ Žepče Development Agency and the municipality

• advantages for investors already in the process of investing (e.g. assistance in finding locations, mediation in communicating with institutions, access to databases of producers and suppliers, investment aftercare...)

• processing of documents within 5 days



Business contacts in the BEAR area are realized quickly and easily.The BEAR area is attractive for investment in the following sectors: • Metal processing and fabrication industry• Production of automotive parts, equipment and machinery• Wood processing sector• Food production• Textile, footwear and leather sector• Energy sector and potential for hydro power, as well as waste management and processing of secondary raw materials• Tourism and crafts.

BEAR is ideal for investment in: • Production• Distribution• ransportation and shipping • Subcontracting• Outward processing trade and joint investments• Other types of business cooperation.

BEAR is an exceptionally favourable area for opening branch offices and production plants of the companies

Costs of energy and utilities among the lowestin EuropeFuel prices in BiH are on average 0.10 EUR/l lower than in other SEE countries, that is, 0.15 EUR/l lower than in EU countries. Compared to Western Europe, the difference in the prices of Diesel is in the range of €0,40.

Electricity prices significantly lower than in EU countries; determined by tariff group, season and

- Favourable Sectors for Investment, Networking and Business Cooperation

that do business outside the EU legal framework, but export to the EU, and also do business for the CEFTA market.Existing foreign investments in joint businesses and companies with domestic businesspeople are proof of good cooperation and profits achievable in the BEAR area.Local companies are already present in foreign markets through various partnerships and export, and are open for cooperation with foreign investors. Companies from the BEAR area have already significant contracts for procurement and delivery of goods and services with EU companies, especially in the metal, automotive, mechanical engineering, wood processing, building and food industry.When it comes to the textile, footwear and leather sector, this area is favourable for contracting so-called outward processing arrangements and joint investments. BEAR is very favourable for investing in the energy sector due to its hydro-power potential, coal deposits, and the opportunities in use of bio-mass, waste and secondary raw materials processing. More information on individual sectors is available in our on-line presentation: www.bear.ba

higher/lower daily tariff.

Natural gas price

Water priceQuality potable water is one of the natural resources available in abundance. The prices are much below European average.



The qualified and available labour force is a key competitive advantage of the BEAR area.

The total population of the BEAR area is over 130, 000 people with qualified mobile labour force. Public and private sector is supporting the creation a highly productive labour force by providing school equipment and university scholarships.

Good practice examples: • launching a Computer Science Programme (Žepče)• establishing the Technological Centre for the Wood Industry ARTECO (Tešanj)• introducing CAD/CAM training at secondary schools (Tešanj)• establishing a professional retraining centre (Teslić)

- A Competitive and Professional Labour Force with Strong Motivation

There are two higher education institutions in the immediate vicinity (information technologies, economic and management, philology, law, tax academy and art academy, communication).

There are three university centres within 80 km radius (Zenica, Tuzla and Banja Luka) with more than 30 faculties in various disciplines.

The proximity of university centres is a quality precondition for diverse higher education qualifications within the labour force.

More information on the labour force is available in our on-line presentation: www.bear.ba

Healthcare and primary education as well as higher education and professional training in BiH were assessed as good and very good in the Global Competitiveness Report .(The Global Competitiveness Report 2012-2013, World Economic Forum)



- The Best Area for Your Investments



The BEAR area has abundance of good conditions for life and progress.

- A Pleasant Place for Lifeand Progress

With green hills, forests, rivers and cultural and religious sites to visit, Teslić, Tešanj and Žepče simply look like something out of a fairy tale. (impressions of a visitor)



The combination of tradition, natural resources and a motivated labour force, along with its geographic position make Teslić interesting for all investors.If wood processing is your industry, you’ve come to the right place.The potentials are vast, ranging from sawmilling and final wood processing to manufacturing wooden furniture. The advantage to investing in this industry in Teslić lies in the large and diverse forest resources, and also a qualified and accessible labour force.The textile and footwear sector also has great potential due to the lowest output prices in the whole of Europe achievable thanks to entity subsidising of employee benefits payments.The availability of low-cost and quality output is attested by the fact that large international brands have contracted production to Teslić companies that have responsibly taken on this task and justified the trust placed in them. The metal processing and food industries are increasingly a matter of interest to foreign investors, both due to the favourable geographic position and because of easy access to raw materials and human resources.Arable agricultural land with exceptionally high quality soil is suitable for growing many crops and fruits (investments: organic vegetable growing; apple, pear, plum, hazelnut and raspberry plantations; investment in purchase and distribution stations).The abundance of pastures makes Teslić suitable for livestock and poultry raising, while an abundance of freshwater facilitates investment into freshwater fish farming.Teslić is also a tourist destination. The thermal and mineral water springs have lead to the development of health tourism particularly focusing on rehabilitation and treatment of cardiovascular disease. There is also conference tourism, religious and village tourism, and hiking. Potential investments include public-private partnerships for setting up business zones, district heating, secondary raw materials processing centres, constructing mini hydro power plants and solar power plants.A municipality with a tradition in industry, a wealth of natural resources, a cultural, sports and tourism centre welcomes one and all.

Welcome to Teslić, welcome to our town and yours!

Success Stories

Elgrad, TeslićDubravko Sofrić, manager of composite furniture production for Elgrad, Teslić

Elgrad employs 300 workers and is the most successful enterprise in Teslić. It exports to the Asian and European markets - mostly to Holland, Belgium, Italy and Slovenia. It has a wide range of production and services, including primary and final wood processing, production of briquettes and furniture elements. Elgrad focuses on producing ready-made products such as, for example, parquet floors and table legs.

Eurometal, Teslić Zoran Peranović, Head of Production, Eurometal, Teslić

One of the more successful examples of Teslić industry is the private enterprise of Eurometal founded in 1999. Its annual value of produced goods is estimated at about half a million Euros. The production plant employs 15 workers, mainly the operators and grinders, who produce machinery parts for lifts at car scrap yards. The goods produced in this plant are sold in the German market.

Škrebić Company, TeslićDrago Jovičić, Import-Export Officer, Škrebić Company, Teslić

Škrebić Company, engaged in producing the top parts of footwear, is busy as a beehive. A predominantly female labour force works diligently to satisfy customer needs. Customers are foreigners, because the entire production line is intended for the foreign market. Long-term cooperation has been set up with the Austrian company Gabor and the German company Lowa, but Škrebić Company also produces footwear for the American Army. Production capacities depend on the season: In the spring and summer up to 3000 pairs of shoes are produced per day, while during the rest of the year it is about 1000 pairs. “This is one of the best success stories from the Teslić area.”

Teslić

Elgrad owes much of its success to the fact that we come from Teslić. (Dubravko Sofrić, Manager of Composite Furniture Production, Elgrad, Teslić)



The business environment of Tešanj municipality is already recognised as very attractive for international and local investors. Tešanj’s business excellence reputation relies on entrepreneurs and the local administration, with a high level of modernisation and a strong entrepreneurial spirit. Tešanj is also a place of spiritual and historical heritage with beautiful surrounding nature.An industrial culture has developed in Tešanj with a long-standing tradition in the production of automotive parts for leading international producers. There is also experience in textile and leather processing, as well as specialised knowledge and skills in furniture manufacturing recognisable and appreciated by the fastidious international market. Recently, there has been intensive development of the food industry along with development of bottling plants for the “best mineral water in the world” (Berkeley Springs International Mineral Water Tasting and Competition, USA).Business contacts with Tešanj business community are easy and simple. Developed business relations with leading international enterprises in the automotive industry have made Tešanj area of particular interest for foreign investors.

Certainly the greatest resource of this area is the knowledge and competences of its labour force. These labour force qualities were acquired over the years through working for local companies that supply leading international enterprises. The existence of local capacities for specialised training, and the costs of labour make this area more competitive than other parts of BiH and the region. Human resources development is encouraged through scholarships for secondary and higher education, the activities of the ARTECO Wood Industry Technological Centre and modern professional training opportunities. The results of the Tešanj Vocational Secondary School place it among the best secondary vocational schools in BiH.It is particularly worth noting the location of the Bukva-Vila business zone in the immediate vicinity of the node point on the future pan-European corridor of highway Vc, making this zone more competitive than others in the area.

The modern governance of Tešanj municipality is a comprehensively functional service for investors. The Mayor and his team are justified in claiming they know

Tešanj

what businesspeople need. Welcome to Tešanj, we are here to meet your needs!

Let’s work for success together!

Success Stories

Nord Ent, TešanjNazif Hamzić, General Director

The owner of the Nord Ent furniture company is the Dutch company Pilat&Pilat Produkties, which is also its largest and most important buyer. “All the workers and raw materials are from BiH,” says Nazif Hamzić, General Director of Nord Ent. We have about forty highly qualified workers trained in producing solid wood furniture, and our top-of-the-line machines guarantee quality processing. We export to the whole world, but our main markets are America, Japan, Russia, Dubai and the European Union. “Our most important markets in Europe are in Holland, Germany, Switzerland and Belgium. We manufacture custom-made furniture, and quality is our main criterion. It is worth noting that Nord Ent provides a lifetime guarantee for its furniture.

HIFA GroupIzudin Ahmetlić, HIFA Group

HIFA Group has been a leader in petroleum products trade in BiH for a number of years. The Group includes companies from different sectors (petroleum products, bitumen, metal products, etc.), but it was created at an initiative of Ahmetlić family. HIFA is not only recognisable as an importer of petroleum products, but has found its place on the business map also as an important exporter of bitumen to regional markets and a supplier to large international companies (e.g. ENKA) engaged in complex project such as highway construction.

AS GroupSulejman Hrvić, AS Group

In the past 20 years, AS has positioned itself as an important stakeholder in wholesale and retail, but has also started certain production activities. Today, we have more than 200 own products in our range,

The greatest local community resource in Tešanj are its people. The people of Tešanj are particularly attached to their community. We often say: Tešanj is right at the crossroads of businesses.Izudin Ahmetlić, co-owner, HIFA Group, Tešanj


including sectors such as: production of biscuits and confectionery products, textile processing, production of mineral water, etc. In the past few years, AS has increased its workforce to 1600 employees with production plants in Tešanj, Visoko and Travnik. Among the acquisitions of AS, the more significant are: KENT (one of the first privatisations of a foreign company taken over by a BiH company), Napredak, Vispak, Oaza. AS has also taken over two thirds of production at Borac Travnik where thousands of men’s suits are produced daily at the Fortitudo factory in Travnik. As the owner, I often say “AS belongs to the Hrvić company and to our workers” – this has been the main slogan behind our company since the start.

Alpina BromySuad Roša, Director of Alpina Bromy

Alpina Bromy is a joint investment of the company Alpina, Slovenia (90%) and the company Bromy (10%) owned by Suad Roša. For years, I worked with Alpina Slovenia as their subcontractor, and then in 2008, my dream came true and we set up a joint company in Tešanj called Alpina Bromy. Today, this company

produces 2000 pairs of different models of shoes from the women’s fashion line. Soon, we will be investing in new production facilities. I can say that we have very good cooperation with the municipal administration that has always been receptive to the needs of local economic development. I think Tešanj is special because it has entrepreneurial people who simply know how to do business.

Inox AjanovićDženan Ajanović, Director of Inox Ajanović

My father was a trader for many years, and it was probably the combination of German perfectionism in metal processing that I mastered during my schooling in Germany and my father’s trading abilities that helped us become a recognisable brand both on the domestic and the international market. We currently export our products to EU countries, mainly inox products, including parts for expensive yachts. We have also launched activities to construct a new multifunctional factory that will create jobs and increase our productivity.



In the past two decades the municipality of Žepče has become an example to less dynamic areas. All around you can see new factories, production facilities and warehouses, as well as buildings for service activities.The Žepče municipality has a very favourable position, in central Bosnia, in the Zenica Doboj Canton, on the most important route connecting Eastern Europe and the Adriatic (next to the M-17 main road, the regional road R-465 Žepče - Zavidovići, and the railway Ploče - Sarajevo - Šamac - Budapest). The municipality has a total surface area of 282 km2. Žepče has a competitive advantage due to a developed small and medium enterprise sector and export-oriented economy, a qualified and competitive labour force, availability of raw materials and subcontractors. The local industry includes some 318 individual and 256 incorporated enterprises. The local economy is export-oriented with a long-standing tradition in wood, light metal and textile industries and trade. Local enterprises are already present in foreign markets through various international partnerships, and they are open to cooperation with foreign companies. Žepče has a reputable industrial potential and tradition in textile production, wood processing and metal processing.Environmental conditions include significant arable land, a favourable temperate continental climate, an abundance of water resources, mineral and thermal water springs, various ores, but also an abundance of flora and fauna. Most agricultural land has not been exposed to chemicals in the past 15 years making it suitable for organic farming.The industrial-business zone Polja is entirely owned by the Žepče municipality, which gives it a competitive advantage because leasing of land is facilitated, transparency of competitions for investors is guaranteed, along with various other benefits the municipality provides for the users of the business zone. The Mayor and his team go out of their way to assist potential investors; professionals from the administration and the local Žepče Development Agency are at your service.

Welcome to Žepče, a place of industrious people!

Success Stories

Car Trim BH, ŽepčeAndrej Kajić, Director and co-owner of Car Trim BH

Founded in 2007, Car Trim BH is a company under Car Trim GmbH from Germany, one of the leading world producers of leather and textile car and aeroplane

Žepče

interiors. The biggest buyer is Volkswagen. The production plant of this German company opened in Žepče is intended to grow into a representative centre of this group with about 700 employees. Director Andrej Kajić points out the considerable assistance of the municipality in achieving the business plans of the company.

Tisakomerc, ŽepčeHimzo Husić, Director and co-owner of Tisakomerc

“Each year we grow all our activities,” says Himzo Husić, pointing out that Tisakomerc has established links with strong, primarily German renowned partners. The business philosophy of the director and co-owner of Tisakomerc is simple: You have to desire and know how to work, surround yourself with professionals who know the job, the market and the language. Tisakomerc was founded 13 years ago and has achieved success in the wood industry. Director Husić points out the good cooperation with the municipality: “If a problem crops up, I’m glad I have someone to turn to, knowing that every problem will receive due consideration.”

Bositex Ltd. ŽepčeFerid Ajan, owner of Bositex d.o.o.

For twelve years running, they have been involved in producing medical textiles, uniforms for medical workers, hospital sheets and other textile products for healthcare institutions. Bositex places its entire production on the Swedish market. The company employs 50 people. A new business hall has been constructed with the majority share from own funds. The owner Ferid Ajan points out he is satisfied with doing business in Žepče and with how quickly permits were acquired for the new facility.

Titanic Ltd. ŽepčeBerislav Jukić, owner

Titanic Ltd. Žepče is a leader in welding and metal processing technology. Despite strong competition, especially on the international market where most of its products are sold, Titanic Ltd. has experienced constant growth since 2005, and keeps raising the standard and quality of its products. The owner Berislav Jukić points out that in the future the company plans to expand production and create new jobs. The municipal administration is ready to provide support for the achievement of Titanic’s business goals.

Our story is a success story: the Žepče municipality has secured the necessary space and we are soon expanding production.Andrej Kajić, Director and co-owner of Car Trim BH, Žepče



Support to Investors throughDevelopment Agencies

Our development agencies will provide all the support you need for

launching and maintaining your investments.


Contact us! Contacts for investors (in English language)

Teslić Municipality

Development Department

Karađorđeva ul. bb.74270 TeslićBosnia and Herzegovina

Tel: +387 53 411 510 / 411 552

Fax: +387 53 411 541

E-mail: [email protected]

www.opstinateslic.com

Contact person: Mr. Dragan Mišić

Tešanj Municipality

TRA Tešanj Development Agency

Trg Alije Izetbegovića 1174260 TešanjBosnia and Herzegovina

Tel: +387 32 650 608 / 993 055

Cell: +387 (0)61 792 808

Fax: +387 32 650 390


www.tra.ba

Contact person: Mr. Ismar Alagić Ph.D.

Žepče Municipality

Žepče Development Agency RAŽ

Ulica Prva bb72230 ŽepčeBosnia and Herzegovina

Tel: +387 32 880 273

Fax: +387 32 880 273


www.razepce.com

Contact person: Mrs. Branka Janko

BEAR - Business Excellence Area © 2013 All Rights Reserved

Development DepartmentTeslić Municipality

Teslić Municipality Tešanj Municipality Žepče Municipality


www.bear.ba • [email protected]


Download the brochure about BEAR in PDF

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