Bosnia and Herzegovina - Media Review – October 30

NEZAVISNE NOVINE

- Bosnia's Muslim-Croat Federation may cancel the sale of its fuel retailer Energopetrol to Hungarian-Croatian consortium MOL/INA because the would-be buyer has not met the sale conditions, the Federation’s Prime Minister Mustafa Mujezinovic said. The consortium invested just six million marka out of 150 million marka it had pledged to.

- The Serb Republic government said it has won the arbitration case which Raiffeisen Investment Fund (RIF) had filed against it in a Zurich court. RIF sought a 3.7 million marka compensation from the Republic’s government, claiming it did not receive an adequate commission from the privatisation of Telekom Srpske which it advised almost three years ago. The Serb Republic sold 65% of its telecoms company to Telekom Srbije for 646 million euro in December 2006.

(1 euro=1.95583 marka)