Bosnia and Herzegovina - Media Review – November 20

NEZAVISNE NOVINE

- Bosnia's economy is expected to contract 3.0% this year and grow 0.5% in 2010, Azra Hadziahmetovic, professor at the Sarajevo University Economic Faculty, told the Regional Economic Forum for South East Europe, REF SEE 2009, on Thursday.

DNEVNI AVAZ

- Bosnia's Hepok winery, sold by the state to a consortium of Serbia’s Vino Zupa and Sarajevo-based trading and services company Amko Komerc last year, has hired 80 new workers in the past eight months, said the owner of Amko Komerc, Muamer Aleta. He added Hepok has started to plant vines on 460 hectares following a 20 million euro overhaul. Hepok starts exports to Montenegro next week and is in talks to sell its wine in Germany, Italy and Russia, Aleta said.

CAPITAL.BA

- IBM and Bosnian privately-held firm Megatrend signed a deal on Thursday for software distribution on the Bosnian market, Megatrend Executive Director Adnan Bajramovic said. IBM has been present for several years in Bosnia, mainly in the hardware sector, while in the software sector they have been present mostly trough Slovenian and Croatian distributors.

($=0.6711 euro)