According to the base bon.ba by the Agency TEC, the analysis of the IT sector as well as counseling and activities related to it showed that this is one of the fastest growing fields of economy in B&H with a total growth of 72 percent in the past five years.
Today, this sector contributes with around 150 million BAM to the total GDP. Operational revenues of companies from this field have increased by 60 percent in comparison with 2010, the number of employed by nearly 97 percent, ant the net income has doubled, according to the analysis.
The analysis included all companies of this field in both entities, 423 in total, of which 386 are small, 28 medium and 9 large business entities.
Thus, almost all unknown but exceptionally quality companies such as NSoft from Mostar, Kolektiv from Sarajevo, H&H from Tuzla, Bicom from Zenica etc. will find their place on the lists of largest and fastest growing companies in this field, that showed progress with an income growth of between 201% and 1,419%, the number of employed up to 583% and significant export.
Example of top five companies with income growth:
It is necessary to note that the prerequisite for the selection of companies for analysis under these indicators was a minimum income of 1,000.000 BAM in 2011, i.e. 10 employees at least.
The data show that, in the period from 2010 to 2014, operational incomes of companies in this field increased from 166.920 BAM to 328.226 BAM, i.e. for nearly 60 percent, and the number of employees increased by more than 66 percent, from 1,891 to 2,845. Net income of this companies has more than tripled: from 15,005 to 43,655 BAM, and the majority of that income is realized through “export”. Thus, in 2011 the export of these companies amounted to 31,480 BAM, which increased to 59,416 BAM in 2014. Therefore, this increase in “export” amounted to 53 percent, the TEC stated.
Example of top five companies with growth of employees:
Balance sheet, active and passive, with all indicators can be compared according to the graphic representation below.
We believe that such findings might stimulate the relevant institutions to reach more quality decisions for the development of this field, to provide better working conditions and adequate staff training process, which would encourage entrepreneurs from this field to establish companies and investors to invest in this field, it was pointed out in the analysis by TEC. Moreover, it was stated that this is one of insufficiently used economy fields in which it should certainly be invested.
(Source: akta.ba)
