One of the most crucial factors in any business is financial management or financial administration because every decision made will eventually influence the outcome of the firm’s success and performance. Financial administration also includes generating and monitoring financial reports. By providing relevant information or developing an investment portfolio, they offer investment support and insight. Financial administrators...
The accounting sector in Bosnia and Herzegovina is underdeveloped compared to the larger, more economically developed countries of the world. The reason for this is simply the smaller number of large companies and organizations that would use more complex and professional accounting services. Despite this fact, some of the largest international accounting firms such as...
The wood sector of Bosnia and Herzegovina has been significantly affected by the negative consequences of the COVID-19 pandemic. During the pandemic period, the companies had a drop in exports of almost all products compared to last year, except for construction carpentry. The biggest drop in exports was in April, while a slight recovery was...
Jitasa is the leading US company in accounting and bookkeeping for the Non-Profit sector and Non-Governmental Organizations, that has also been established in Bosnia and Herzegovina where now employs over 60 people. All employees are young, under 30 years old. It was founded in 2006 by Jeff Russell and in only two years, the company...
Modern technology has changed the way we do business, store and exchange information. These days you can’t even own a small store without the help of computers, whether it is keeping track of your inventory, saving data from the security cameras or anything else. Information Technology or more commonly known as I.T. is the most...
Even though there is no official data, according to the state Regulatory agency for communications (short – RAK) the penetration of the internet is approximately 85% and Bosnia has a respectable rate of social media usage. As in any European country, all the FMCG players are present in Bosnia too (Coca Cola, Beiersdorf, Henkel, Procter...
The Alfa Energy Group Framework Plan assumes continued international growth with the strengthening of an office that remains in Bosnia and Herzegovina. Currently, the Sarajevo office employs over 50 people, with an annual investment of 2 million KM. In the next five years, Alfa Energy Group plans to increase its investment to KM 5 million a year.
According to research, design and branding make up $3 billion of the total market. (Ibis World) Graphic and web design is one of the most outsourced industries on the planet. Why should I outsource graphic design? It’s simply. It is cost-effective and requires a lot of skill in order to efficiently accomplish such a task....
Customer management and other horizontal BPO positions became part of Bosnia and Herzegovina’s continuing second-wave growth caused by widespread conversational German and English skills, strong socio-cultural affinities, and the significant proportion of unemployed college and university graduates. The strong multilingual capabilities and transferable skills of the population have already been leveraged by several larger players...
