News in English     | 23.05.2018. 14:06 |

FIA - Number of companies and employed persons rises, losses reduced

FENA Darinka Mitrović

SARAJEVO, May 23 (FENA) - Director of the Financial-Intelligence Agency (FIA) Esad Mahmutović said that the indicators that they had obtained by processing the data from the financial statements show that the Federation of BiH has had a growth trend in the past three years (2015-2017), namely in the number of companies, the value of total assets, the value of revenues, export revenues, the number of employees, the number of companies with realized profit, as well as the total realized profit.

At today's press conference in Sarajevo, Mr. Mahmutović added that the number of companies with a loss had reduced as well as the total amount of losses in companies in FBiH in the past three years.

Today the FIA presented financial performance indicators, comparative reviews of data at the level of the Federation of BiH, by cantons and economic branches based on data from the Register of Financial Statements for 2017.

According to the FIA, financial reports for 2017 were submitted by 22,343 companies, 8,496 citizens' associations, 35 banks, 1,593 budget organizations, 12 funds and 17 insurance companies. Mr. Mahmutović said that, according to the information obtained by the FIA, 26,822 taxpayers that are obliged to submit financial reports did not submit a financial report for 2017.

Mr. Mahmutović also presented the cantonal indicators according to which the largest number of companies are registered in Sarajevo Canton - 7.350, with the Sarajevo Canton being the leader in the number of employees - 105.762.

Regarding the industrial branches, the most companies are registered in the field of wholesale and retail, and this industry, together with the processing industry, employs almost 50 percent of the total number of employees in the FBiH. More than 65 percent of export revenue is generated by the manufacturing industry, while the largest profits have been made by companies in the field of wholesale and retail.

According to FIA indicators, Mr. Mahmutović said that in 2016 there were 1,306 companies with blocked accounts, in 2017 109, and in 2018 no company has been blocked yet.

In his words, one of the key reasons for establishing and maintaining the Register of Financial Reports is to create conditions for the use of data for the purpose of generating business information.

(FENA)
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