Library

By Pedja Predin

WorkPuls was launched in 2016 as an automated time tracking and employee monitoring software. At the time of ENIF’s first investment in 2016, the company had just started to generate some early revenue. It was founded by Ivan Petrovic, a young and talented entrepreneur who tackled time tracking as a problem that he identified and was experiencing himself.

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New edition of the WB EDIF Annual Report is available.

Here it is – the online-publication on Private Equity/Venture Capital Training preparedness for SMEs: “Can Private Equity or Venture Capital Work for You”, released by the World Bank. This guide is targeted at SME owners and managers of SMEs in the Western Balkans who are interested in developing their businesses and are considering whether venture capital (VC) and private equity (PE) could be an option. Read more

The Vukovic Medical Group was founded in 2017 with the aim of setting up a hospital and expanding the range of healthcare services offered by Poliklinika Vukovic (established in 2007). Today, the Group offers services in more than 25 specialised medical fields.

Reviving artisanal woodwork in Bosnia and Herzegovina

By Stasha Igrutinovic

EBRD and EU support furniture-maker Artisan’s growth abroad

Bosnia and Herzegovina’s long tradition of woodwork owes much to its geography and ample supply of quality raw materials. With just over half its area covered in forests, it should come as no surprise that many world-renowned, handcrafted furniture brands come from the country.

One of them is Artisan. From its roots in a family grown, brick and mortar shop to fame as furniture designer supplying foreign markets, Artisan’s climb to the top is the culmination of a love for wood nurtured over 50 years. Read more

Small businesses form the backbone of the Western Balkan economies and are the stepping stone to their economic convergence and path towards the EU accession. Small and Medium-Sized Enterprises (SMEs) employ between 60% and 80% of the active population in the region, which is on average higher than in the EU. Since its foundation in 2012, the Western Balkans Enterprise Development and Innovation Facility (WB EDIF) supported 4,000 SMEs and created 78,000 jobs in the Western Balkans.

Read more about the WBE DIF story here.

A brand new quick snapshot brochure on the WB EDIF has been prepared to give a presentation of the WB EDIF at a glance. Companies in different stages of their life have different needs where the WB EDIF support can step in with different financial instruments and support services to help them grow and develop.

New WB EDIF Success Stories booklet is now available, with new stories and interesting case studies and interviews. Providing nest-to-sky financing and support for small and medium sized enterprises in the Western Balkans.

New edition of the WB EDIF Annual Report has been released during the SME Forum in Sarajevo on 7 May, 2019.

On 7 May 2019 in Sarajevo, the WB EDIF held its second SME Forum in the region. The Forum, hosted by the EBRD and coordinated by the European Commission and the EIF, brought together key stakeholders from the private and public sector.