Transcript Pranje novca - Developing Markets Associates Limited

Investing in Manufacturing,
Agriculture and Tourism
Belma Čolaković, CBBiH
The UK- Bosnia and Herzegovina Trade and
Investment Forum (London, U.K., April 2013)
Content:
 The significance
 The characteristics
 The potential
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The significance
 A high share of GDP:
2005-2007
12.8%
Average MAN
share in AGR
10.0%
GDP HTR
2.8%
25.6%
2008-2011
13.2%
8.5%
2.5%
24.1%
Source: BHAS
 A significant number of persons employed:
 MAN: 32,7%

HTR: 1,9%
Source: BHAS, end of 2011 figures
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The characteristics: MAN
 A significant number of small enterprises, a high share of total
turnover and below the average personnel costs per employee
Size
Small (0-49)
Medium (50-249)
Large (> 249)
Number of
firms
Number of
employees
Share of total
turnover
4,424
398
82
40,215
43,398
42,475
16.0%
40.6%
29.8%
26.5%
Personnel costs
per employee
(% of average)
91.4%
90.8%
76.0%
85.0%
Source: BHAS, end of 2011 figures
 The largest number of firms in manufacture of:
 Wood and related products, except furniture: 19.2%
 Food products:
15.2%
 Fabricated metal products, except machinery: 14.3%
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The characteristics: HTR and AGR
 HTR:
 Two thirds of total statistically active enterprises in this section (788)
are from food and beverage service activities section;
 Almost all are small enterprises;
 Large number of seasonal workers;
 Small reported turnover.
 AGR:
 598 statistically active enterprises in mid 2012;
 No exact figures on the number of the employees or dependants;
 84% of total value of purchased and directly sold agricultural products
in 2012 were related to animals and animal products;
 The sawn area was 52,4% of arable land in 2012 (cereals and fodder
crops).
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The potential:
 Gross fixed capital formation in fixed assets in 2011 was over
EUR 440 millions in these three sectors:
 60.1% was from own financial assets and 34.8% from financial credits
and leasing
 56.0% was to machinery, transport and other equipment and 41.4% was
construction work;
 The support of the banking sector and relatively healthy firms
 In 2012 the exposure to MAN, HTR and AGR (over 7.200 firms
through more than 15.000 claims) was over EUR 1,2 billions
 The NPL ratio is below the average of the system as a whole
 Less liquidity problems than other sectors (28% of blocked accounts);
 Lower inflation compared to our main trading partners;
 Geo-political position.
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Thank you.
[email protected]
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