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IFC Investments in Bosnia and Herzegovina (selected)


Year
Project
Project
Cost*
(million USD)
IFC
Financing*
(million USD)
Project
Description
2008Cimos79.535.5To increase capacity, improve productivity and enhance competitiveness in the Company's manufacturing operations in Bosnia & Herzegovina
2008HeartCenterTulza24.36.4To increase capacity, improve productivity and enhance competitiveness in the company's manufacturing operations in Bosnia & Herzegovina
2007EKI Bosnia
3.6
To support EKI’s microfinance lending operations throughout western Herzegovina and Bihac, mostly rural areas where agriculture is an important business sector
2007SSL Bosnia
65.3
31.6
To assist Sisecam in the pivatization purchase of a state owned soda ash producer and implement a capital expenditure program to refurbish and upgrade the operations
2006Nova Banka
18.4
12.4
Loan for on-lending to private small and medium sized enterprises and the consumer retail housing sector
2005HVB CPB RI2
2.7
Expansion of its corporate and retail lending business
2005Bosnalijek
24.3
9.4
Investment to build facilities for production, distribution, and storage
2005RZB Bosnia
16.3
15.5
Expansion of its housing finance lending
2004CPB-BACA RI
1.4
1.5
Expansion of its corporate and retail lending business
2002/03/04PBS
41.8
20.5
Loan and equity to support the privatization of the largest banking group in the country, Privredna Banka Sarajevo (PBS) and its subsidiaries
2003Raiffeisen-BOS
9.6
16.6
Loan to fund on-lending to small and medium enterprises and to meet the housing needs of private residents.
2001/02PBS-SPV
16.1
11.5
Release all Privredna Banka Sarajevo (PBS) group banks from their joint and several liabilities, thereby making privatization of the banks possible.
1997/99/01/02Bosnia Micro
12.7
4.2
Investment to support the establishment of an institution specializing in financing micro-enterprises and its subsequent capital increases.
2002FCL
93.0
9.8
Support the post-privatization rehabilitation, modernization, and expansion of Fabrika Cementa Lukavac.
1999/2000SEF Bosnalijek
11.8
4.5
Revitalization of the only pharmaceutical company in the country. The project aimed at completing the reconstruction and modernization of the company.

* Project cost and IFC financing refer to amounts approved by the IFC's Board.