Bosnia and Herzegovina has created an environment of minimal financial burden for companies with foreign capital investing in renewable energy sources through minimal concession fees and network fees. Conversely, state-owned electric utility companies bear the weight of millions in compensation from lost arbitrations, investing substantial financial resources into revitalizing outdated systems. The lack of a strategy and persistent delays in energy industry development will inevitably lead to increased electricity bills for citizens.
Thanks to political and interest connections, the Chinese state company DEC has positioned itself as an indispensable player in the implementation of multi-million projects with Elektroprivreda BiH, which is currently operating at a loss of 331 million.
The Public Prosecutor's Office of Republika Srpska is intensively investigating the procurement of 165 respirators purchased by Republika Srpska for 12.9 million KM excluding VAT during the COVID-19 pandemic, according to eTrafika.
According to some announcements, the Hrgud wind park was scheduled to go online five years ago, in 2019. However, to date, there is nothing on the Hrgud mountain site
Without any oversight, the Banking Agencies in BiH have has created a stable business environment for microcredit organizations like Digital Finance International, owned by sanctioned Russian oligarch Oleg Boykov. These organizations offer quick loans at exorbitant interest rates, leading inevitably to debt slavery.
From 2018 to mid-2023, Canton Sarajevo directed public procurement totaling 35.3 million KM through UNDP BiH. This approach not only circumvented the valid Public Procurement Law, but also leveraged UNDP BiH's international agency status to systematically avoid paying over five million KM in value-added tax (VAT).
Following the departure of two doctors and six medical workers and technicians from the “Srbija” hospital, the Trade Union of Medical Nurses and Technicians of Republika Srpska appealed for “urgent action to prevent further outflow of qualified medical staff”. However, the relevant ministry has no solution, while the City of Istočno Sarajevo is borrowing money to build a Park of Serbian Healthcare Giants within the hospital compound. Over half a million for the mayor’s friends.
The Federation of BiH has not yet regulated the cryptocurrency market with any law. Until this happens, the market estimated at two billion KM remains a haven for laundering money obtained through illegal activities.
The significantly underdeveloped Municipality of Istočni Stari Grad has donated nearly 70 dunums of land worth three million BAM to the “Jahorina” Olympic Centre for the construction of “the largest toboggan run in the Balkans”. They will allow the clearing of first and second-class forests and provide an additional million BAM from the citizens of this municipality to “support” the construction of the toboggan run. This move continues the sale of Trebević Mountain towards its eventual destruction, with entities, municipalities, and various political factions collaborating effectively in this effort. As for the citizens, they are left without even clean air.
This year, the Center’s budget stands at 4.7 million KM, yet the Assembly of Canton Sarajevo has not reviewed the reports for the past three years. Why did they request exemption from reporting? Moreover, how did the Center transition from being a scientific institution to manufacturing drones, despite the Court’s decision? What are the founders’ opinions?
The owner of the company “Ekvator”, Đorđe Đoko Davidović, has made an unusual proposal to buyers of hundreds of apartments from whom he received payment but never completed the construction. Specifically, he has drafted an agreement allowing buyers to finish the work in the apartments themselves at their own expense, despite it being his obligation. In return, he requests that they waive their right to any compensation and withdraw all lawsuits against him.
Following previous reports by Infoveza, an internal investigation has been initiated against Ramel Šorlija.
