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Encyclopedia > Economy of Sarajevo

Sarajevo is economically one of the strongest regions of Bosnia and Herzegovina. Like many other major cities, its economy is largely based on industries such as manufacturing and tourism. As the center of various levels of area politics, many Sarajevo citizens also work in government. A number of local and international companies are present in the city and contribute to its economic health. Sarajevo (Cyrillic: Сарајево) is the capital and largest city of Bosnia and Herzegovina, located at 43°52N and 18°25E. According to a 1991 census, its population was 529,672; currently estimated at around 400,000. ...


Overview

Sarajevo's economy reached its peak in the 1980s, thanks in large part to the culmination of several decades of industrial development and a tourist boom following the Olympics, as well as increased international investment. During the Siege of Sarajevo, the Bosnian Serb forces often targeted structures key to the city’s economic health, including the headquarters of companies and many services and public utilities. Since then, the Sarajevo economy has made tremendous progress, significantly better than its post-war state in 1996. MacGyver is one of the symbols of 1980s The 1980s decade refers to the years from 1980 to 1989, inclusive. ... Olympic Games Summer Olympic Games Medal count Winter Olympic Games Medal count Olympic sports Medal counts Participating NOCs Olympic symbols Olympics WikiProject Olympics Portal Athens 2004 • Beijing 2008 Torino 2006 • Vancouver 2010 ... The only airplane visible on Sarajevo airport, beyond repair since the beginning of the war. ... 1996 (MCMXCVI) was a leap year starting on Monday of the Gregorian calendar, and was designated the International Year for the Eradication of Poverty. ...


Sarajevo's manufacturing deals with a wide array of products. This includes production of Foods and Beverages, textiles, furniture, automobiles, pharmaceuticals, and metalworking. Sarajevo companies also produce unique brands of alcohol, and cigarettes. This article is about the type of fabric. ... Furniture is the collective term for the movable objects which support the human body (seating furniture and beds), provide storage, and hold objects on horizontal surfaces above the ground. ... Car redirects here. ... Pharmacology (in Greek: pharmacon is drug, and logos is science) is the study of how chemical substances interfere with living systems. ... Turned chess pieces Metalworking is the craft and practice of working with metals to create parts or structures. ... In chemistry, an alcohol is any organic compound in which a hydroxyl group (-OH) is bound to a carbon atom of an alkyl or substituted alkyl group. ... A lit cigarette A full ashtray. ...


According to Sarajevo Canton statistics, the greater Sarajevo area in 2002 had a work force of 278,341. 86,012 (30.6%) of these are, on average, actually employed. Of these 86,012, some 37,253, or 43,3%, are women. The largest number of people are employed in industry (19.4%), trade (12.9%), transport (9.9%),and education (8.7%). The largest concentratoin of jobs is in Centar municipality (34.5%),and Novo Sarajevo (20.8%).


In 2002 the total export for the greater Sarajevo region was worth about 259,569,000KM. This was an increase of 21.9% from the previous year. Most of Sarajevo's exports (28.2%) head to Germany, with Great Britain following behind at 16.8% and Serbia and Montenegro thirds with 12.8%. The largest amount of imported goods come from Germany, at 15.8%. With a worth of total import at about 1,322,585,000KM, the total import is almos 5.1 times the total export. A 50,00 konvertibilnih maraka (Federation of BiH) banknote A 0,50 KM (Republic of Srpska) banknote The Convertible Mark (Bonsian and Croatian: konvertibilna marka, Serbian: конвертибилна марка), (ISO 4217:BAM) is the currency of Bosnia and Herzegovina. ... A 50,00 konvertibilnih maraka (Federation of BiH) banknote A 0,50 KM (Republic of Srpska) banknote The Convertible Mark (Bonsian and Croatian: konvertibilna marka, Serbian: конвертибилна марка), (ISO 4217:BAM) is the currency of Bosnia and Herzegovina. ...


A variety of important economic institutions are to be found in Sarajevo. The central bank of Bosnia and Herzegovina is found in the city, as are numerous other independent banks. Overall 19 different banks have their headquarters in Sarajevo. The city also holds the Sarajevo Exchange of securities, Institute for accounting and auditing of the Federation of Bosnia and Herzegovina, Board for valuable papers of the Federation of Bosnia and Herzegovina, and the Register of valuable papers of the Federation of Bosnia and Herzegovina. A bank is an institution that provides financial service, particularly taking deposits and extending credit. ... Accountancy (British English) or accounting (American English) is the process of maintaining, auditing, and processing financial information for business purposes. ... This article is in need of attention. ...


Foreign companies with a foothold in the Sarajevo region include Harris Communications, Brown & Root, and, most notably, Coca Cola. The Bosnian-Malaysian firm Bosmal is also situated in the city. Coca-Cola served over ice. ...


Major Companies

Major companies based in Sarajevo include:


  Results from FactBites:
 
NodeWorks - Encyclopedia: Economy of Sarajevo (447 words)
Sarajevo is economically one of the strongest regions of Bosnia and Herzegovina.
Sarajevo's economy reached its peak in the 1980s, thanks in large part to the culmination of several decades of industrial development and a tourist boom following the Olympics, as well as increased international investment.
The city also holds the Sarajevo Exchange of securities, Institute for accounting and auditing of the Federation of Bosnia and Herzegovina, Board for valuable papers of the Federation of Bosnia and Herzegovina, and the Register of valuable papers of the Federation of Bosnia and Herzegovina.
  More results at FactBites »


 
 

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