In a bid to provide more microfinancing options to companies in Bosnia and Herzegovina, The European Bank for Reconstruction and Development (EBRD) has earmarked a EUR 4 mln loan to MF Banka. By supporting the micro and small enterprises (MSEs) in the area, the EBRD hopes to bolster the local economy. Mikrofin LLC, under whose [...]

Telemach – a cable TV operator in Bosnia and Herzegovina, has been approved a EUR 25 million syndicated loan by the European Bank for Reconstruction and Development (EBRD). The company will use the money for upgrading its existing network and future domestic acquisitions. Telemach (www.telemach.si) Telemach is a leading provider of Slovenian cable TV, telephony [...]

Mid Europa Partners has continued its expansion into the Bosnian cable television market by acquiring Monet, a Mostar-based cable television operator. Mid Europa intends to create a single company, Telemach, by merging Monet with the other Bosnian cable companies it purchased in 2010. The intent of Mid Europa Partners is to offer a package that [...]