By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: How will the Institutions of BiH save 1.7 million BAM?
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > OUR FINDINGS > OTHER NEWS > How will the Institutions of BiH save 1.7 million BAM?
OTHER NEWS

How will the Institutions of BiH save 1.7 million BAM?

Published: November 22, 2016
Share
SHARE

union-bankaThe institutions of BiH will move from the current address on the Square of BiH in Sarajevo neighborhood of Marijin Dvor, into a new building at Dubrovacka Street. They will move to the building of the Union Bank, which will be purchased for a total of 22,346,433.00 BAM.

The Council of Ministers of BiH, on the proposal of the Service for Joint Affairs of the Institutions of BiH, made the Decision on approving the project of buying the building for the accommodation needs of the institutions of BiH in Sarajevo.

It is the building of Union Bank Sarajevo, with the surface of 7,617 square meters at Dubrovacka Street 6, with a total cost of 22.3 million BAM, of which nearly 9.5 million BAM, which were previously secured in the budget for the purchase of the building, will be paid in 2016, and the remaining amount will be paid successively in the next four years, until 2020.

The reason for the purchase, according to the Council of Ministers of BiH, is the need to resolve permanent accommodation of institutions in Sarajevo, with the aim of financial savings on rents paid by the institutions of BiH. By purchasing the facility, BiH will save more than 1.7 million BAM annually for the costs of renting.

“For the implementation of the Decision on approving the purchase of the building for accommodation needs of the institutions of BiH in Sarajevo were provided funds in the amount of 9.4 million BAM. In particular, 9 million and 486,837.00 BAM was left from purchase of other buildings in Mostar, Tuzla, East Sarajevo and Banja Luka,” as explained in the reasons for the Decision.

The newly purchased building in Sarajevo has a total area of 7,617.02 square meters for accommodation of BH institutions. The facility has 129 offices in which can be accommodated from 400 to 440 employees.

They explained that, economically speaking, the investment will pay off in 7-8 years and will ultimately resolve the permanent stay of a number of institutions of BiH and thereby reduce the amount of the lease which is currently paid.

For the realization of purchases are in charge the Service for Joint Affairs of the Institutions of BiH and the Ministry of Finance and Treasury of BiH.

(Source: E. S. H./Klix.ba)

Alarming Numbers: 315,000 Citizens left Bosnia and Herzegovina
Aladža Mosque in Foča Soon to Join Invaluable BiH Cultural Heritage
They learned that they are Brother and Sister after 28 Years
Million People watched the Video with a little Bosnian Boy
Avalon Sports and Health Club Recently Opened in Sarajevo
TAGGED:#building#savings#spaceaccomodationBH institutionsUnion Banka
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Do you know what Dodik’s Alliance with the West looked like?
Next Article Export from BiH increased and Import decreased
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

Traffic Restrictions in Sarajevo Tomorrow Due to Sports Race
September 12, 2026
Young People increasingly distrust Politicians; the Majority are considering leaving BiH
September 12, 2026
Sarajevo Run Fest Kicks Off With Bambini Marathon
September 12, 2026
Tribute paid to the Children killed by a Shell in 1992 in Center Municipality
September 12, 2026
The Islamic community condemns the Attacks and seeks Legal Protection
September 12, 2026
Krug 99 Youth Forum: ‘Youth Apathy – Choice or Surrender’?
September 12, 2026
Darko Mladic’s Company Reported 4.5 Million BAM in Revenue with One Employee
September 12, 2026
Indictment Filed Against 7 Individuals for Fire at the Tuzla Retirement Home
September 12, 2026
Consumer Basket Reaches 3,810 BAM in August; Minimum Wage Covers Barely a Quarter of Expenses
September 12, 2026
New Trial Begins for War Crimes in Trusina
September 12, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?