WB EDIF in your country

WB EDIF in your country

WB EDIF operates in 7 Western Balkan economies
and provides millions of euros of financing and support to SMEs
WB EDIF operates in 7 West Balkan countries
and provides millions of euros of support.

WB EDIF
in yout country

WB EDIF operates in 7
West Balkan countries
and provides
millions of euros of support.

Bosnia and Herzegovina

WB EDIF first began providing financing to Bosnia & Herzegovina via its Guarantee Facility instrument, which was deployed via Procredit Bank.

The Fund Managers of ENIF and ENEF have also been actively sourcing pipeline in the country whereby ENEF, the expansion stage fund, has made two investments, the first in Krajina Klas, a bakery specialized in the production and retail of fresh and frozen bakery products, and in the European Voluntary Pension Fund Management Company.

On the Support Services side:

  • The EBRD’s Advice for Small Businesses (ASB) has provided advisory support to 48 projects in total, in order  to help SMEs to develop and grow, enhance competitiveness and bankability,
  • Led by the OECD, the Small Business Act (SBA) assessment supported Bosnia & Herzegovina in improving SME policy making and enhancing the capacity of its policy makers in addressing related challenges,
  • A candidate for Centre of Excellence status under EIB’s study on Regional Centres of Excellence was identified in the Sarajevo Innovation House initiative, a cooperation of University of Sarajevo, Chamber of Economy and Networks accelerator,
  • An IP Toolkit was distributed to participants of the Workshop held in Mostar under the programme lead by EIB for support on intangible assets and intellectual property in the Western Balkans
  • Under the World Bank’s EU-REPARIS programme, activities were organized on a regional basis with regular participation of the various stakeholders of Bosnia & Herzegovina.
22.74m€ provided in financing to SMEs
144 SMEs financed
Western Balkans WB EDIF map Serbia Croatia Kosovo* Montenegro Bosnia and Herzegovina FYR Macedonia Albania

News & Events

NEWS

WB EDIF Business Forum

The first WB EDIF Business Forum took place in Belgrade on 26 June 2018 as part of the 12th WB EDIF PAG meeting. The Forum was hosted by the Ministry of Economy of Serbia and the Chamber of Commerce and Industry and took place under the auspices of the European Commission with the support of the EIF.

The event gathered more than 150 participants from the entire region, including officials from the beneficiary economies, EC, EUDs, IFIs, Chambers, banks and finance providers as well as a number of SMEs. Several panels were organized to learn more about what WB EDIF has to offer, to hear stories from the companies benefitting under the facility and to discuss the main access to finance challenges.

The Forum was opened by the President of the Chamber of Commerce, Marko Cadez, State Secretary of Ministry of Economy of the Republic of Serbia, Branimir Stojanovic and Head of Cooperation at Delegation of the European Union to Serbia, Ingve Engstrom.

A business to finance event was organized in the afternoon, where the SMEs from the Western Balkans had the chance to meet the finance and advisory providers under the WB EDIF.

NEWS

WB EDIF hold’s its 5th Anniversary event

The WB EDIF Platform marked its 5th year of operations by holding a celebratory anniversary event in Sarajevo on November 7th 2017, where Ambassador Lars-Gunnar Wigemark, Head of EU Delegation to Bosnia & Herzegovina, opened the day of discussions. Read more

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Case studies

CASE STUDY

Bosnia & Herzegovina Case Study

Founded in 1995 as a s mall bakery shop located in the family house of the newly-married Trivic couple, Krajina Klas has now, 20 years later, grown to 490 employees with EUR 10m in turnover and is the leading producer of bakery and confectionary products in Bosnia Herzegovina.

Find out how WB EDIF’s expansion fund, ENEF, financed this family business in its growth stages.

WBEDIF Succes Stories – Krajina Klas

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