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The Buzz in Bosnia & Herzegovina: Interview with Davorin Marinkovic of Dimitrijevic & Partners

The Buzz in Bosnia & Herzegovina: Interview with Davorin Marinkovic of Dimitrijevic & Partners

Bosnia and Herzegovina
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“The Council of Ministers for Bosnia & Herzegovina was finally formed, after more than a year, following the elections that took place in October of 2018,“ says Partner Davorin Marinkovic of Banja Luka-based Dimitrijevic & Partners. “We can finally expect some processes to get unstuck, especially those related to infrastructure projects funded by international credits, such as the Corridor 5C motorway.“

When it comes to legislation, Marinkovic feels that the most important things impacting the ease of doing business occur on a lower level. “The entities of Bosnia & Herzegovina – Republika Srpska and the Federation of Bosnia and Herzegovina – have the most influence, through their legislative endeavors. Republika Srpska has a leg up here, due to having  entity government formed immediately following the 2018 elections, so things are running a bit more smoothly there.“

Marinkovic feels that despite the slow economic growth in Bosnia & Herzegovina, the country has a lot of potential. “Infrastructure and energy are in a position to boom. There are a lot of plans and ideas for development, but the problem is just that – they’re still in the idea stage.“ He feels that the highest of hopes are in the renewable energy sector, mainly wind parks and hydropower plants. “Other than that, things have been pretty quiet – there have been some consolidations in the telecommunications sector, some takeovers, but nothing much beside that.“

Bosnia and Herzegovina Knowledge Partner

Maric & Co Law Firm stands on the shoulders of more than 70 years of experience and practice in the legal market of Bosnia and Herzegovina. Having in mind that it is difficult to find a small country with such a complicated political and legal system, we are fully aware that quality advice requires deep understanding of different areas of law. In a country where legislation is created on state, entity and cantonal levels, without proper harmonization, and where the same regulation can be applied differently by two different courts, only domestic lawyers who are well-versed in local regulations and court practices, and who are highly specialized in their practice area, may actually help their client.

With this understanding, today, the firm Maric and Co is the largest law office in the country dealing exclusively with business law. This means that we provide wide expertise in resolving all issues that domestic and international investors encounter when setting up and operating businesses in Bosnia and Herzegovina. The scope of the office allows each of our attorneys to highly specialize in their fields, whilst the size of our team ensures delivery of premium advice and seamless service. Our firm seeks long-term partnerships with clients with the aim of providing the best and most complete solution to the client's legal needs. We are proud to say that our clients do not leave us.

We apply the same principles to our international affairs, aware of the fact that no foreign lawyer can have the same understanding of legal regulations of a country as a domestic lawyer. Therefore, our philosophy is not to open branches in countries where our clients do business, but to closely connect with top tier lawyers in those countries. Our law firm is one of the founding members of SEE Legal – a group of ten leading national law firms from 12 South East European countries. This network enables us to provide the best advice and representation in these countries. Additionally, as a result of our strong relationship with the majority of global law firms, we are able to provide law services anywhere in the world.

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