Why invest in Novi Grad?
Novi Grad is a small town with huge number of natural and other resources. This is very attractive investment location in Bosnia and Herzegovina, which offers an optimal solution for potential investors.
We reply to all investors’ queries and provide information on opportunities and conditions for investment into the Municipality, provide support to investors in the investment process and the investor aftercare services.
Our team is committed to serving the ambitious investor!
We are proactive! We are open!
We are ready to welcome each of you, to explore how we could grow together!
Geostrategic position and communication
Border with European Union, accessible and well connected to all major highways, railways, airports, river ports and sea ports.
Institutional support and proactive and flexible administration
Novi Grad is a small town, but it has the needed infrastructure and systems in place, which make it especially accessible, flexible and friendly, compared to larger towns
Natural resources
Rivers, forests, land, fresh water and air, ores and minerals
Encouraging tax policy and easy access to international market
Value added tax is 17% -the lowest in region
HUMAN RESOURCES
Labor force – employment
Number of employed, 2024: 3.616 (Average January-December)
Number of unemployed, 2024: 615 (Average January-November)
Available labor force, 31.12.2025.
High School Education
Secondary education in the municipality of Novi Grad is provided by two educational institutions:
1. Secondary School Center “Đuro Radmanović” Novi Grad
2. Gymnasium “Petar Kočić” Novi Grad
University Centers
There is one higher education institution in the municipality of Novi Grad – the Pan-European University Apeiron, Banja Luka branch. Students at the Pan-European University Apeiron, Novi Grad department, have the opportunity to enroll in several undergraduate programs, including:
1. Entrepreneurial Management
2. Banking, Finance, and Trade Management
3. General Legal Studies
4. Business Informatics
Educational profiles
Traffic: Road Traffic Technician, Logistics and Freight Forwarding Technician, Operator of Construction and Handling Machinery and Cranes
Mechanical Engineering and Metal Processing: Welder, Toolmaker, Mechanical Engineering Technician for Computer-Aided Design
Economics, Law, and Commerce: Salesperson, Business Informatics Technician, Economic Technician
Electrical Engineering: Electrician-Electrical Installer, Information Technology Technician
Healthcare: Physiotherapy Technician, Pharmaceutical Technician
Hospitality and Tourism: Waiter/Waitress, Cook, Tourism Technician
Documents
CHARACTERISTICS OF THE LOCAL ECONOMY
Business entities
140 active business entities:
Manufacturing industry: 45 companies
Wholesale and retail trade, repair of motor vehicles and motorcycles: 27 companies
Transportation and storage: 22 companies
Accommodation and food service activities, hospitality and catering: 2 companies
Other service activities: 3 companies
Professional, scientific, and technical activities: 7 companies
Agriculture, forestry, and fishing: 7 companies
Construction: 3 companies
Real estate activities: 2 companies
Extraction of ores and stone: 2 companies
Production and supply of electric energy: 3 companies
Others: 10 companies
Average net/gross salary
Net 1.146,00 KM
Gross 1.719,00 KM
Financial performance of SMEs in 2022.
Total income: 320.701.497,00 KM
Total expenditures: 298.862,295, 00 KM
Net profit: 21.839.202,00 KM
Percentage share in the processing industry
Wood industry 46,7%
Textile industry 22,22%
Metal industry 6,66%
Food industry 6,66%
Production of other non-metallic mineral products 6,66%
Others 11,10%
Foreign trade exchange of the Municipality
Trade volume in 2022: 112,683,909.00 KM
Total exports in 2022: 33,292,999.00 KM
Total imports in 2022: 79,390,910.00 KM
The most significant foreign trade partners are Germany, Italy, Slovenia, and Croatia
The most significant export products are wood and wood products, textiles and textile products, and basic metals and metal products
The most significant import products are chemical industry products, food industry products, tobacco, machinery and mechanical appliances, electrical equipment, telephones, etc.
Foreign investors
Number of companies with foreign capital: 16
Major foreign investors :
,,VASTIL” d.o.o. Novi Grad (foreign investor from Italy, 2017.godina)
,,bioCONCEPT” d.o.o. Novi Grad (foreign investor from Serbia, 2014.godina)
“Fabrika peleta” d.o.o. Novi Grad (foreign investor from Serbia, 2012.godina)
“SMS IE” d.o.o. Novi Grad (foreign investor from Austria, 2011.godina)
,,UNAGRO” d.o.o. Novi Grad (foreign investor from Serbia, 2015.godina)
Business associations
Association of farmers , Novi Grad,
Address: Blatna 137, 79220 Novi Grad
Association of fruit growers, Novi Grad
Address: Karađorđa Petrovića 42, 79220 Novi Grad
Society of beekeepers, Novi Grad
Address: Mile Cimeše 3, 79220 Novi Grad
