German 123, Exzellent eye waste, green power projects

Bernd Imhof and Andreas Jehnert, representatives of German companies 123 Eco-systems GmbH and Exzellent Energie Management, respectively, visited the Foreign Investment Promotion Agency (FIPA) of Bosnia and Herzegovina in order to get information about currently available waste management projects in BiH.

The firms are specialized in waste recycling and in manufacturing plants for recycling of waste from which they produce electricity. They have been operating in several countries, including Switzerland, the Netherlands and Hungary, and offer three different types of cooperation in the implementation of projects of common interest, FIPA said. They have recently founded company Elektor San in BiH with the main focus on the production of solar energy.

FIPA’s chief Gordan Milinić informed investors about the services and assistance that the agency provides to investors, the main activities, as well as about the support provided by the competent institutions in BiH. Currently available projects from the mentioned field were presented at the meeting, including information about free zones and locations in Bosnia and Herzegovina that may be interesting to investors. FIPA will inform holders of projects, as well as the local communities and municipalities about the possibilities for cooperation with the mentioned investors, and after the shown interest, it will connect projects owners and investors for further negotiations and possible cooperation, the report said.

On April 15, at the invitation of the Embassy of the Czech Republic, Milinić met ambassador Jakub Skalník. The meeting was focused on possibilities for economic cooperation between the two countries and for finding Czech investors to invest in BiH.

The ambassador pointed out Czech investors are interested in investing in renewable energy sources in BiH, and environmental projects of water treatment and waste management. He also promised help in finding Czech investors. Director Milinić emphasized the readiness of FIPA to provide assistance to each investor, starting from company registration until project completion.