spot_img
Supported byspot_img

Cross-border procurements: Serbian and Bosnian companies exchange deals worth millions

Companies from Serbia and Bosnia and Herzegovina actively engage in cross-border tenders, facilitating significant economic exchanges. According to analyses by New Economy and Capital.ba, Bosnian companies secured over one billion dinars through 92 public procurements in Serbia between January 2019 and April 2024. Conversely, data on Serbian companies in Bosnia and Herzegovina remains incomplete due to unresponsive authorities.

The procurements predominantly span the IT sector, encompassing software acquisition, maintenance, license renewals and technical support. Dragan Dobrašinović, founder of the Toplica Center for Democracy and Human Rights, emphasizes that public procurement laws treat foreign and domestic companies equally, with no preferential treatment for locals.

The Register of Bidders, maintained by the Agency for Economic Registers, facilitates participation by verifying legal entities’ compliance with procurement eligibility criteria, simplifying future tender submissions. Only domestic entities and foreign representative offices can enroll, aiming to streamline bureaucratic processes.

Supported by

Among the notable tenders, companies from Bosnia and Herzegovina clinched lucrative contracts in Serbia’s public sector. Lanaco from Banja Luka, in collaboration with a Belgrade counterpart, secured a significant framework agreement valued at 160 million dinars for business information system maintenance under Elektrodistribucija Srbije.

Similarly, Hemos impregnation from Bijeljina won multiple contracts, including procurement of impregnated switch and bridge materials from the Railway Infrastructure of Serbia, totaling approximately 212.89 million dinars.

Conversely, Serbian companies, bolstered by contracts from Elektroprivreda Republike Srpske (ERS) and Olympic Center “Jahorina” in Bosnia and Herzegovina, significantly contribute to bilateral economic ties. Notably, Energointeh cybernetics from Belgrade secured contracts for cyber protection services with ERS, highlighting substantial cross-border collaborations.

Supported by

These transactions underscore the robust economic interdependence between Serbia and Bosnia and Herzegovina, facilitated by transparent procurement practices and mutual economic benefits.

Suppported byOwner's Engineer

Serbia’s Pension Fund pays over €117 million to pensioners abroad in 2024

The Republic Pension and Disability Insurance Fund (PIO) disburses pensions and benefits for other rights under pension and disability insurance to around 64,500 recipients...

Air Serbia expands transatlantic routes with growing transfer passenger traffic

Air Serbia continues to expand its presence on transatlantic routes, with transfer passengers playing a significant role in filling capacities on flights between Belgrade...

Belex15 index rises 0.7% with notable moves in Dunav Osiguranje and other key stocks

The Belex15 index, which tracks the most liquid shares on the Belgrade Stock Exchange, rose by 0.7% last week, reaching 1,143.4 points, according to...
Supported byspot_img
Supported byspot_img
Supported byspot_img
error: Content is protected !!