Bosnia Real Estate – FK Leotar Sat, 08 Jan 2022 07:25:21 +0000 en-US hourly 1 Bosnia Real Estate – FK Leotar 32 32 From the moderate autocrat to the denialist autocrat Sat, 08 Jan 2022 07:25:21 +0000 SARAJEVO, Bosnia and Herzegovina (AP) – He was once described in Washington as an anti-nationalist “breath of fresh air” in the murderous and genocide-marked Balkan quagmire of ethnically divided Bosnia.

How times are changing.

This week, the political leader of the Bosnian Serbs, Milorad Dodik, now secessionist denying the genocide, was hit with new US sanctions for alleged corruption. He responded in typical style, saying that the days when the United States and other Western democracies “molded Bosnia to their liking” are long gone.

The accusations that he has accumulated vast wealth through corruption for himself, his relatives and his associates are “monstrous lies,” Dodik said.

“The United States is a great power, but it is also a great liar,” he said.

Dodik maintains that the West is punishing him for defending the rights of ethnic Serbs in Bosnia – a dysfunctional country of 3.3 million people that never fully recovered from a fratricidal war in the 1990s which is became a nickname for ethnic cleansing and genocide.

Sanctions, Dodik boasted, will only help the Serbs free themselves from Bosnia in the enthusiastic embrace of their “true friends” – Russia, China, champions of illiberal democracy within the United States. European Union and neighboring Serbia.

The 63-year-old political science graduate first came to prominence in 1998 as the narrowly elected moderate reformist regional prime minister of Republika Srpska, one of Bosnia’s two administrative units in after war. NATO-led peacekeepers surrounded key buildings held by police loyal to Bosnian Serb leader Radovan Karadzic – later convicted of wartime genocide and crimes against humanity – to ensure that Dodik could take control.

Shortly after, then US Secretary of State Madeleine Albright met him and “felt like a breath of fresh air had blown into the room,” according to her spokesperson. of the time.

But in 2001, after losing a presidential election in Republika Srpska, Dodik changed course, turning into an outright nationalist and secessionist. He gradually took control of all levels of government in Republika Srpska and in 2009 succeeded in expelling foreign judges and prosecutors from the Bosnian judiciary – while under investigation for corruption and erosion of democracy.

The 1995 Dayton Peace Accords, brokered by the United States, which ended more than three and a half years of bloodshed in Bosnia, established two separate governing entities – the Republika Srpska and one dominated by Mainly Muslim Bosnians, more than half of the Bosnian population, and Catholic Croats.

They are linked by common institutions at the state level, and all actions at the national level require the consensus of the three ethnic groups.

In the immediate post-war period, the international community kept Bosnia on the path of reform, pressuring its leaders to abandon hate speech and accept painful compromises in return for financial and other support. But more than a decade ago, international attention shifted to other global crises. Of the 60,000 international troops deployed in 1995, only 600 remain today. Much of Bosnia has been left to fend for itself, exposed to the growing influence of Russia, China and Turkey, as well as ‘widespread corruption and economic decline.

Over the years, Dodik has resisted countless accusations by national and international media rights and freedom groups of restricting media independence and popularizing vile rhetoric against political opponents of all sides. ethnic allegiances. He notoriously defended the 2008 approval by a regional development bank of a favorable $ 2 million loan to a company owned in co-ownership by his son, saying “it was better than letting (the youngster man) become addicted to drugs “.

His family’s net worth is difficult to estimate, but in 2019 Dodik reported annual income and assets worth over 1.2 million euros (1.36 million euros), including one 800,000 euro villa in the capital of Serbia, Belgrade. Dodik says claims about his children’s wealth are mischievously exaggerated by his political opponents.

One of the fiercest of them, Drasko Stanivukovic, mayor of Banja Luka, the largest city in Republika Srpska, retorted that the family had stakes in at least 70 companies, including those owned by their “parents, friends and business associates ”.

Dodik regularly downplays the significance of the 1995 massacre by Bosnian Serbs of more than 8,000 Bosnian men and boys in the eastern enclave of Srebrenica, even calling it a “fabricated myth”.

In recent months, he has repeatedly expressed hope that Russian President Vladimir Putin and Hungarian populist Prime Minister Viktor Orban will serve as a bulwark against the “tyranny” of Western democracies, warmly welcoming Orban’s assertion in December, according to where the EU’s main challenge on Bosnia is “how to manage the security of a state in which 2 million Muslims live.”

After serving for 15 years as President or Prime Minister of Republika Srpska, Dodik was elected in autumn 2019 to the multi-ethnic presidency of Bosnia, which also includes a Bosnian and Croatian official.

Last summer, with the tacit support of Moscow and Belgrade, Dodik spearheaded the Serbian walkout of multi-ethnic Bosnian institutions – thus blocking decision-making – to protest the decision of the International High Representative in Bosnia to ‘prohibit the denial of genocide.

Dodik and Serbian officials under his control say they will no longer abide by the decisions of the High Representative, a post created under the Dayton Accords with broad powers, including to impose laws or remove officials who undermine the delicate balance post-war ethnic group.

This winter, Dodik stepped up his secessionist campaign, pledging to build an exclusively Serbian army, justice and tax system. He described the Bosnians as “second class people” and “traitorous converts” who sold their “original (the Orthodox Christian faith) for dinner”.

Officials in the United States, Britain, Germany and the West have recently started accusing Dodik of stoking ethnic tensions to distract from his corrupt practices and those of his cronies.

But Dodik says the sanctions will not deter him from “fighting for the rights of Republika Srpska”.

“No matter what they do, they can’t stop me,” he said.

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The competition authority has approved the Slovenian transaction of AutoWallis: the company could become the owner of Avto Aktiv Thu, 06 Jan 2022 08:58:04 +0000


The competition authority has approved the Slovenian transaction of AutoWallis: the company

can become the owner of Avto Aktiv

Budapest, January 5, 2022 – The Slovenian competition authority has authorized AutoWallis to take over the activities and real estate of Avto Aktiv. A major car manufacturer in Slovenia, Avto Aktiv has been selling and servicing 4 makes of vehicles in 5 cities for almost 20 years. This is the second acquisition in Slovenia by the Budapest Stock Exchange car company, and it is currently exploring sales opportunities for other brands in the central European country alongside the 4 established vehicle brands.

The Slovenian competition authority has approved the Avto Aktiv transaction, ie AutoWallis Plc. can become the owner of the activities and related real estate of the main Slovenian automobile company. This fulfills an important condition of the transaction, allowing the company listed in the Premium category of the Budapest Stock Exchange to further strengthen its position in the regional market. The acquisition is an important step in the life of AutoWallis

Group, as Avto Aktiv’s revenue is significant even among past transactions and represents almost 10% of the revenue the company expects to achieve in 2021. In accordance with its growth strategy, the Group is expanding its Retail & Services Business Unit internationally with the ambition of becoming a major player in the trading of vehicles and mobility services in the region. This is not AutoWallis’ first acquisition in Slovenia: in 2020, the company completed the takeover of the country’s largest BMW dealership, and the only one in Ljubljana, which also marked the group’s entry into the market. Slovenian car retail market. In addition, the group is also the exclusive authorized representative of the Opel, Jaguar and Land Rover brands in the Slovenian market.

Avto Aktiv, established in 2004, is an important player in the Slovenian automotive retail market, selling and servicing BMW, MINI, Toyota and Suzuki vehicles (and is the exclusive authorized representative of the MINI brand) in five cities (Koper, Kranj, Ljubljana, Nova Gorica and Trzin). In 2020, the company achieved sales of 51 million euros, or nearly HUF 18 billion, which it achieved through the sale of 960 new vehicles and 351 used vehicles and service services. repair and other related services.

As part of the closing of the transaction, Péter Antal, Retail manager of AutoWallis

  • The services business unit, said the distribution business unit has a presence in 14 countries, with Slovenia being the first outside of Hungary where the company has entered the retail market. After the conclusion of this new Slovenian acquisition, the company plans to make the most of the opportunities for synergies between the two players and to use its capitalization to further develop its presence in the Slovenian market, which is why it continues to examine new possibilities for acquisitions in the country.

AutoWallis Group

AutoWallis Plc., A company listed in the Premium category of the Budapest Stock Exchange, as well as the BUX and BUMIX indices, aims to become a major vehicle trading company and provider of mobility services in the Central European region and Eastern by the end of the decade, expanding its automotive investment portfolio through business developments and acquisitions. The AutoWallis Group is present in 14 countries in the Central and Eastern Europe region (Albania, Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Kosovo, Montenegro, North Macedonia, Poland, Romania, Serbia, Slovakia, Slovenia), where it is engaged in the retail and wholesale of vehicles, parts and accessories, repair and maintenance services, as well as short and long term vehicle rental. The brands represented by the Group include BMW, Dacia, Isuzu, Jaguar, Land Rover, Maserati, MINI, Nissan, Opel, Peugeot, Renault, SsangYong, Suzuki and Toyota, as well as

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Your Monday briefing: South Africa’s parliament is on fire Sun, 02 Jan 2022 22:10:46 +0000

Hello. We are covering a fire in the South African Parliament, a breach in the demilitarized zone between North Korea and South Korea and possible changes to women’s rights in China.