According to Bosnia and Herzegovina Today, Russian railway company Russian Railways and utility firm Inter Rao Ues are thinking about doing business in the Republika Srpska, the Serbian part of Bosnia. The Russian team was headed by a special representative of the Russian president Dmitry Medvedev. The delegation was hosted by RS economy minister Slobodan Puhalac.
The two sides discussed the possibilities for further development of the commercial links between the RS and Russia, following one of the biggest investment deals in the country - the sale of the Brod and Modrica oil refineries and fuel retailer Petrol to Russian NeftegazInKor.
The investor paid a total of EUR 121.1mn for the acquisition of majority stakes in the local companies in 2008 and pledged to invest further EUR 979mn in them.
News source: Balkans.com link: article
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