Economy
After the years of war, Sarajevo's economy was subject to reconstruction and rehabilitation programs. Amongst economic landmarks, the Central Bank of Bosnia and Herzegovina opened in Sarajevo in 1997 and the Sarajevo Stock Exchange began trading in 2002. The city's large manufacturing, administration, tourism sector, combined with a large informal market, makes it the strongest economic regions of Bosnia and Herzegovina.
While Sarajevo had a large industrial base during its communist period, only a few pre-existing businesses have successfully adapted to the market economy. Sarajevo industries now include tobacco products, furniture, hosiery, automobiles, and communication equipment. Companies based in Sarajevo include B&H Airlines, BH Telecom, Bosnalijek, Energopetrol, Sarajevo Tobacco Factory, and Sarajevska Pivara (Sarajevo Brewery).
Read more about this topic: Sarajevo
Famous quotes containing the word economy:
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
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