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Bosnia and Herzegovina
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Bosnia’s Federation grants 15.6 mln euro subsidies to railway co

Apr 9, 2024, 10:19:11 AMArticle by Dragana Petrushevska
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April 9 (SeeNews) - The government of Bosnia and Herzegovina's Federation said it has approved the allocation of 30.5 million marka ($16.9 million/15.6 million euro) in subsidies for the entity's railway operator, Zeljeznice FBiH, in 2024.

Bosnia’s Federation grants 15.6 mln euro subsidies to railway co
Photo: EBRD

Zeljeznice FBiH will receive 24 million euro for railway infrastructure maintenance and further 6 million marka to settle debt obligations, the entity's government said in a statement on Monday.

The remaining 500,000 marka will represent the Federation's participation in the financing of Bosnia and Herzegovina Railways Public Corporation (BHZJK).

The Federation is one of two autonomous entities forming Bosnia and Herzegovina. The other entity is the Serb Republic.

(1 euro = 1.956 marka)

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