The 2023 regular annual analysis to assess the attractiveness of European cities and regions for investment, conducted by the Financial Times and published in fDi Intelligence magazine, once again recognized the Republic of Srpska as one of the most favorable destinations for business investment in Europe. Srpska won this flattering title owing to its overall investment promotion strategy.

The cities and regions are ranked by size according to several criteria: economic potential, human capital and lifestyle, cost effectiveness, traffic and other connectivity and business friendliness.

The city of Laktaši ranked first in the category Micro European Cities – business cost effectiveness. The full justifiability of this leading title is supported, among other things, by the recent concrete investments by corporations such as Mahle in the automotive industry electro-mechanical components and the announced investment by the company Iskra, also in the field of industrial electronics production.

Also, the city of Trebinje ranked at the high eighth position in the category Micro European Cities for the Future – investment promotion strategy.

This confirms the adequacy of the Republic of Srpska’s incentive policy for attracting investments in industry and other sectors, through tax incentives, contribution levels, electricity price for large and medium-sized industrial consumers, favorable labor costs and supply of adequate labor force. Continuation of this trend is to be expected, primarily due to EU proximity, transport price and speed, as well as development of reliable supply chains, as required by most European companies in the processing industry sector.

Source and photo: Republic of Srpska Development Agency