From the HPC network
Newsletter edition 65
Bosnia and Herzegovina · Week 45
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EDITION
HOT SELLER THIS WEEK
- A new procurement opportunity for developing startup capacity-building programmes and training was listed for Bosnia and Herzegovina, with submissions due on 11 November 2026. The published listing does not disclose a contract value. Training providers, business consultants and education firms can explore the opportunity to deliver practical entrepreneurship and skills programmes. HPC can support proposal preparation, programme design and institutional partnerships.
- On 6 November, a consortium was selected for the 60 MW Hrgud wind farm project with a winning bid of BAM 160.1 million (approximately EUR 81.9 million). The project creates opportunities in renewable-energy development, environmental assessment, grid integration and sustainable infrastructure. HPC can support ESG assessments, project research, investment analysis and renewable-energy advisory.
- On 5 November, microcredit organisation MKD Privrednik completed a BAM 1.5 million (approximately US$861,000) issue of three-year notes. The transaction highlights opportunities in debt-market research, corporate financing and investment analysis. HPC can support financial modelling, credit research, capital-raising strategy and investor documentation.
- On 5 November, EU Ambassador Luigi Soreca warned that Bosnia and Herzegovina could face further reductions in EU Growth Plan funding if authorities fail to meet the required conditions by the end of 2026. No specific reduction amount was announced. The warning creates demand for policy analysis, reform monitoring and public-sector project support. HPC can assist with funding-readiness assessments, policy research and implementation planning.
- Public procurement opportunities and ongoing development needs continue to create potential work for healthcare planners, medical-equipment suppliers and hospital technology providers. No new healthcare contract value for 31 October–6 November 2026 was verified in the reviewed announcements. HPC can support healthcare market research, equipment sourcing studies and hospital development planning.
- A capacity-building and training programme for startups in Bosnia and Herzegovina was listed with a submission deadline of 11 November 2026. The contract budget was not disclosed in the available listing. Training companies, HR consultants and entrepreneurship specialists can explore delivery opportunities. HPC can support training design, workforce development research and tender documentation.
- The selected Hrgud wind-farm consortium includes seven domestic companies and a bank, with a winning bid of BAM 160.1 million (approximately EUR 81.9 million) and a planned execution period of 24 months. The project can generate demand for construction materials, electrical equipment, transport, installation and engineering services. HPC can support supplier research, procurement planning and industrial market analysis.
- On 6 November, the Hrgud 60 MW wind farm project moved forward following selection of a consortium with a BAM 160.1 million (approximately EUR 81.9 million) bid. The development is expected to require construction, electrical works, grid connections and related infrastructure over a 24-month implementation period. HPC can support infrastructure research, project coordination and technical procurement advisory.
- On 5 November, the EU Delegation warned that Bosnia and Herzegovina risks further Growth Plan funding reductions if the country does not fulfil the required conditions by the end of 2026. No financial penalty or reduction figure was specified. This increases the importance of regulatory compliance, reform tracking and institutional reporting. HPC can support compliance reviews, policy monitoring and funding-condition assessments.
- Bosnia and Herzegovina’s foreign investment agency published a notice on 5 November concerning the sale of individual asset units of Koksara d.o.o. Lukavac, which is in bankruptcy. The available notice does not state a confirmed sale price or final transaction value. The process may interest industrial investors, asset buyers and restructuring advisers. HPC can support asset research, due diligence and corporate investment assessments.
- Recent market activity includes the BAM 1.5 million Privrednik notes issue, the BAM 160.1 million Hrgud wind-farm bid and newly listed public tenders, including consultancy and digital-service assignments. These developments provide material for sector tracking and investment research, although no single market-wide value was announced. HPC can provide market intelligence, competitor analysis and procurement opportunity reports.
- On 5 November, the EU Delegation publicly highlighted Bosnia and Herzegovina’s risk of further Growth Plan funding reductions if reform conditions remain unmet. No communication or media campaign budget was disclosed. Public institutions, business associations and development organisations may require clear stakeholder messaging around reforms and funding priorities. HPC can support communication strategy, research-led content and stakeholder engagement planning.
- Recent procurement listings include civil works on two public buildings in Republika Srpska, with a submission deadline of 10 November 2026, and construction of two housing units in Jablanica and Konjic, with a deadline of 17 November. The available listings do not disclose confirmed contract prices. HPC can support construction-market research, feasibility assessments and tender preparation.
- A procurement listing for the development of capacity-building programmes and training for startups in Bosnia and Herzegovina carries a deadline of 11 November 2026. No grant, investment or contract amount was disclosed. The opportunity is relevant to incubators, entrepreneurship consultants and business-development providers, although it is a training procurement rather than a venture-capital investment. HPC can support startup research, business planning and programme development.
- A public procurement listing for development of a programme-budgeting software solution was available with a submission deadline of 12 November 2026. The published summary does not disclose the contract value. Software developers, digital consultants and public-sector technology suppliers can explore the opportunity. HPC can support digital transformation research, solution planning and technology procurement advisory.
- A procurement opportunity was listed for development of a lookout point on the Vrbas River in Jajce Municipality, with a submission deadline of 13 November 2026. The available listing does not state the project budget. The development may support nature-based tourism and visitor infrastructure in the area. HPC can support tourism-market research, destination planning and hospitality investment assessments.
Sector stories & insights.
The National Erasmus+ Office announced on 3 November that information sessions will be held in Sarajevo and Banja Luka on 17–18 November, covering higher education, vocational training, youth and sport. No new grant amount was announced in this update.
The sessions create opportunities for universities, training providers and education consultants preparing international applications. HPC can support institutional partnerships, project proposals and education planning.
On 6 November, Elektroprivreda Republike Srpske selected a local consortium to build the 60 MW Hrgud wind farm. The winning bid is BAM 160.1 million (approximately EUR 81.9 million), including access roads, a transmission line and a substation.
The project supports renewable-energy development and creates opportunities for environmental consultants, equipment suppliers and engineering firms. HPC can support ESG assessments, sustainability reporting and project advisory.
On 5 November, microloan provider MKD Privrednik reported that it had fully sold a three-year notes issue worth BAM 1.5 million (approximately US$861,413). The placement reached its target, highlighting investor demand for local debt instruments.
The transaction creates opportunities for investment advisers, debt arrangers and financial analysts. HPC can support financial modelling, capital-market research and investment advisory.
Federation of Bosnia and Herzegovina Allocates BAM 3.85 Million for Caregiver Benefits
On 5 November, the Federation government reported that BAM 3.85 million had been allocated for October benefits for parent-caregivers. The payment forms part of the entity’s social-protection spending; it is not a new infrastructure contract.
The allocation highlights opportunities in public-service planning, social-policy research and programme monitoring. HPC can support policy analysis, budget assessments and public-sector advisory.
On 5 November, the REMESOS project launched its first practical session at the Healthy Aging Center in Novo Sarajevo, introducing a guided peer-support model for older people. No programme budget or contract value was disclosed in the announcement.
The initiative creates opportunities for healthcare organisations, community-care providers and training specialists. HPC can support programme evaluation, healthcare research and service-development planning.
From 2 to 5 November, the Council of Europe held training and working sessions for supervisors and financial institutions in Bosnia and Herzegovina on money-laundering risks linked to cash and the informal economy. No event budget was publicly disclosed.
The programme highlights demand for specialist training, compliance skills and institutional capacity-building. HPC can support workforce training, professional development and organisational assessments.
Bosnia’s Hrgud Wind Farm Tender Selects Domestic Construction and Engineering Firms
On 6 November, a consortium of seven Bosnian companies and Naša Banka was selected for the 60 MW Hrgud wind farm contract worth BAM 160.1 million (approximately EUR 81.9 million). The scope includes construction and supporting infrastructure, with a 24-month execution period.
The project creates opportunities for construction materials, electrical equipment, transport and engineering suppliers. HPC can support procurement research, supplier assessments and supply-chain planning.
On 6 November, state-owned Elektroprivreda Republike Srpske selected a local consortium for the Hrgud wind farm and related infrastructure. The winning bid totals BAM 160.1 million (approximately EUR 81.9 million), with construction expected to take 24 months.
The project creates opportunities for turbine suppliers, grid contractors, civil engineers and infrastructure specialists. HPC can support project research, technical procurement and implementation planning.
Between 2 and 5 November, the Council of Europe worked with financial-sector supervisors and institutions in Sarajevo on anti-money-laundering and counter-terrorist-financing risks associated with cash transactions and the informal economy. No programme cost was disclosed.
The initiative increases demand for compliance reviews, risk controls and regulatory training. HPC can support AML policy assessments, compliance documentation and staff training programmes.
On 5 November, the Sarajevo Stock Exchange announced that 100,000 shares representing a 0.9% stake in BIG Investiciona Grupa and 500,000 shares representing a 10.1% stake in Mi-Group would be offered at auction on 13 November. Auction prices were not stated in the available announcement.
The sales create opportunities for investment analysis, valuation and transaction advisory. HPC can support due diligence, financial research and investor assessments.
Business updates published on 5 November included a BAM 1.5 million notes placement by MKD Privrednik, planned dividends from BH Telecom and UniCredit Bank Mostar, and two investment-fund stake auctions scheduled for 13 November.
These developments create demand for capital-market research, valuation and financial intelligence. HPC can provide investment reports, market analysis and corporate research.
On 5 November, state-controlled BH Telecom announced a dividend distribution of BAM 50 million (approximately US$28.7 million) for 2025, equivalent to BAM 0.79 per share. The announcement provides a major corporate-finance update for investors and market observers.
The news creates opportunities for investor communications, financial media and corporate reporting. HPC can support PR planning, stakeholder communications and business-content development.
On 6 November, Elektroprivreda Republike Srpske selected a domestic consortium for the BAM 160.1 million (approximately EUR 81.9 million) Hrgud wind farm project. The 60 MW development includes access roads, a transmission line and a substation, with a 24-month construction period.
The project creates opportunities for civil contractors, infrastructure planners and engineering consultants. HPC can support feasibility research, project monitoring and investment assessments.
Bosnia’s Small Finance Market Records Successful BAM 1.5 Million Notes Placement
On 5 November, microloan provider MKD Privrednik completed its targeted three-year notes issue, raising BAM 1.5 million (approximately US$861,413). The placement demonstrates an available route for smaller financial institutions to raise debt capital; it was a notes issue rather than venture-capital funding.
The development creates opportunities for financial technology providers and business advisers. HPC can support funding strategies, business plans and financial projections.
Bosnia’s Financial Sector Focuses on Digital-Era Money-Laundering Risks
From 2 to 5 November, the Council of Europe held sessions in Sarajevo addressing money-laundering risks connected with cash use and the informal economy. The programme involved financial supervisors and institutions; no technology procurement budget was announced.
The work highlights demand for transaction monitoring, compliance systems and financial-risk technology. HPC can support digital compliance assessments, systems planning and technology advisory.
Sarajevo Hosts International Financial Compliance and Institutional Meetings
The Council of Europe held a series of financial-sector working meetings in Sarajevo from 2 to 5 November, bringing together supervisors and institutional representatives. No event contract value or hospitality procurement amount was disclosed.
The meetings create potential demand for accommodation, conference venues, catering and business-travel services. HPC can support event-market research, supplier analysis and hospitality-sector business planning.