Invest in Trebinje

BASIC INFORMATION

42°33՝ and 42°57՝ north latitude and 17°58՝ and 18°35՝ east longitude
Location: Trebinje is located in the southeastern part of Bosnia and Herzegovina , The Republic of Srpska. At the border of Bosnia and Herzegovina, Montenegro and Croatia.
Area: 904 km2
Population: 31.433

Altitude: 245 m
Climate: Mediterranean – 260 sunny days
Relief: Dinaric karst
Average summer temperature: 26,5 °C,
Average winter temperature: 8 °C
Time zone: CET (GMT + 1 hour)

Currency: BAM
Exchange rate (linked to €): 1 € = 1,95583 BAM
VAT: 17%
Income tax: 10%

TRANSPORT CONNECTION

Highways: M20, M6
International airport: B&H: Mostar 114 km, Sarajevo 198 km, Mostar 305 km. Croatia: Čilipi 41 km, Montenegro: Tivat 93 km
Seaports: Croatia: Dubrovnik 31 km, Ploče 130 km, Montenegro: Bar 120 km, Podgorica 117 km

WHY INVEST IN TREBINJE?

  • Strategic position and access to the market of European Union (EU) of 600 million people
  • Favourable climatic and hidrological conditions for growing Mediterranean culture
  • The potential for tourism development
  • The potential for producing hydro and solar energy
  • Vicinity to the Adriatic sea – 30 km
  • Qualified workforce
  • The market in progress
  • Low operating costs
  • Stimulating tax policy
  • Liberal foreign trade regime with most countries

ECONOMIC TRENDS

Foreign trade at the end of 2014:

  • The total volume of trade : 235 million BAM
  • The cover of imports by exports: 123,5%
  • The cover of imports by exports:at the level of the RS 54,5%, at the level of B&H 53,6%
  • The most important export products: elektricity, tools for engineering industry ,confectionery products ,essential oils, fish.

FAVOURABLE BUSINESS ENVIRONMENT

  • 800 registered legal entities and entreprenuers
  • 1-3 days necessary for company registration
  • 15 days necessary for urban planning permit issuing
  • Up to 30 days necessary for construction permit issuing
  • 5 days necessary for company closure
  • City is in the process of certification of the local community with favourable business environment (BFC SEE)
  • Formed Economic Council to cooperate with the business community in city development plans

K E Y   S E C T O R S

AGRICULTURE

  • 9 companies
  • Climate Mediterranean, as well as a variant of mild coastal-continental
  • Very long and hot summers , mild, short and rainy winters
  • Average annual 260 sunny days
  • Over 2000 medicinal plants, with about 300 species interesting for pharmacology.

TOURISM

  • 38 business entities
  • 55% increase in the number of tourists in the last two years
  • Vicinity of the Adriatic sea, known as the receptive region
  • Healthy food and traditional Herzegovinian cuisine
  • Various cultural-historical heritage (archaeological monuments of the past, ethnology)
  • Competitive prices

ENERGY

  • 8 companies with over 1200 employees
  • HPP Dabar in the initial stage of construction. It is planned „HPP Dabar“ to be built as a first Hydropower plant of Upper Horizons

INCENTIVES

Opportunity of loan funds use in the amount of:

  • from 30.000 BAM (for family farms) up to 1.000.000.BAM (for enterprenuers and companies)
  • Interest rate 1,5%
  • Repayment period from 7 to 10 years,
  • Grace period duration from 24 to 36 months and opporunity a credit line regain access.

HUMAN RESOURCES

Total workforce: 12.729
Available workforce: 4,748
Average net salary: 835 BAM

BUSINESS ZONE „VOLUJAC“

Area: 85ha
Ownership: 44,5ha state ownership
Type: brownfield
Zone use: industrial (construction of factories, plants as major polluters is prohibited)
Number of enterprices in the area: 4
Method of sale: auction
Electricity supply: Yes
Voltage : 35 KW
Gas availability: No
Water: Industrial water available

Distance from:
Highway Trebinje – Dubrovnik 1 km
Highway Trebinje – Herceg Novi 2 km
Center of the City about 7 km
Railway 70 km
Seaport 30 km

IMPORTANT COMPANIES

 

INVEST IN TREBINJE

10 reasons to invest in Trebinje

  • Vicinity of the European Union and the market of ca 600 million consumers
  • Area suitable for production of honey,wine and growing of tobacco and aromatic plants
  • Potential for agriculture development- 90% of arable land
  • Potential for tourism development, rich cultural and historical heriage
  • Qualified and workforce adaptable to market needs
  • Hydro potential
  • Vicinity of the Adriatic sea – 30 km
  • Efficient local government
  • Stimulating tax policy and contributions at the level of B&H
  • Low operating costs