COMPANY PROFILE - FDI.net

PRIVATISATION OFFICE 

BRČKO DISTRICT 

COMPANY PROFILE 

Company: ODP “Brcko” Brcko 

Year of establishment: 1972 

Legal status: Basic state company 

Address: Bulevar mira 3, 76100 Brcko 

Telephone: (+387) 49 217 079 

Fax: (+387) 49 217 144 

Director of the company: Lazo-Panto Djukic 

Contact person: Lazo-Panto Djukic 

Basic activity: 

• Hotel facilities and a restaurant 

• Tourist services 

• Catering 

• Conference tourism 

Installed capacities: • Hotel “Revena” has four floors (restaurant with 250 

seats, reception, hairdressing shop), 79 beds in 49 

rooms, and conference room accommodating over 

100 persons. 

The enterprise includes also: 

• Café-Restaurant “Sava”, 

• Fast-food Restaurant “Gurman”, and 

• Café “Mimoza”. 

Privatisation Office Telefon: 00387-49-217 726 

Government Building Fax : 00387-49-217 223 

Bulevar mira 1 e- mail: kpbd@elinspanic.com 

76100 Brčko Distrikt www.bhbusiness.com 

www.brcko.ba 

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Financial indicators: 

2001 2002 

Total turnover 565 684 399 056 

Total capital 1 866 341 1 798 104 

67 % of total capital offered for sale 

through International Tender 

Market in 2002: Bosnia and Herzegovina – 100 %. 





www.brcko.ba 

1 204 730 

Employees: In 2002 at company were employed 37 workers. 

Employment structure on 31 December 2002 

No. Qualification 

No of 

employees 

1. Secondary school 

qualification 

13 

2. Highly skilled 2 

3. Skilled 12 

4. Unskilled 5 

5. Semi-skilled 5 

Total 37 

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Advantages of the location: 

Proposals to investors: 

By its geographic position, the Brcko District is 

located in the northeastern part of Bosnia and 

Herzegovina, which borders with Serbia & 

Montenegro and Croatia. It has a special status 

within BiH with the ability to pass its own laws. Brcko 

city is located right on the border crossing to Croatia 

and 20 km away from the juncture of three national 

borders. It is almost equally close to three main 

industrial centers: Belgrade (200 km), Zagreb (270 

km) and Sarajevo (210 km), with whom is linked by 

road, railway and river traffic networks. Given Brcko’s 

central location, visitors to more than one of these 

capitals often find it convenient to overnight in Brcko. 

The aim of the Brcko District Government is to turn 

this region into the most business-friendly area in all 

BiH. The Brcko District hosts the Arizona market, the 

site of the largest foreign investment in the country, 

sixteen banks and a branch office of the central bank 

of BiH. 

Hotel “Revena” is located in the center of downtown, 

next to one of the main traffic roads, and adjacent to 

the international border crossing to Croatia. It stands 

amidst District Government Building, Assembly Hall, 

Brcko Port, and growing number of business and 

trade centers. 

The Brcko District is a place with a specific 

significance when it comes about the investment 

opportunities in tourism and catering industry. At 

present, there is no hotel of international standards in 

Brcko and in the area, although there are a sufficient 

number of potential users (international and high 

officials, businessmen). Currently, Brcko provides over 

1 000 overnight accommodations per month, with 

increasing trend. 

There is a potential for development of conference 

and fair tourism. A study by the University of Banja 

Luka points to the potential for re-animating hunting 

tourism. Attractiveness of development of this kind of 

tourism is shown by the fact that hunting tourists are 

mostly businessmen from highly developed countries. 

This reveals significant possibilities for the 





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development of following tourist services, such as 

catering, which is not yet well developed in BiH or in 

wider region. Besides that, the investor could apply for 

a casino license, which would complete the offer of the 

high standard hotel. Because there is a large interest 

for Brcko District, and since the economy in Brcko is 

constantly developing, number of automobiles in the 

area is constantly increasing, and parking is an 

increasing demand in the downtown area. 

Investor may wish to include under ground parking in 

the project. 

The Government of Brcko District will give the investor 

maximum flexibility to renovate the current building, 

expand it, or construct a new one on the site. 





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SCHEDULES 

SCHEDULE 1: EQUIPMENT 

SCHEDULE 2: REAL ESTATE 

SCHEDULE 3: BALANCE SHEET 

SCHEDULE 4: LIABILITIES 

SCHEDULE 5: MATERIAL CONTRACTS 

SCHEDULE 6: COURT DISPUTES 





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SCHEDULE 1 

EQUIPMENT 

Fixed assets Book value 

in KM 

Fax machine 155.74 

Coffee grinder 70.94 

Switchboard 148.15 

Electric kettles 364.67 

VIKO table 60 x 121 175.13 

Table extensions 60 x 80 x 90 143.72 

Working table 100 x 80 272.42 

Office table 332.29 

Table extensions 75.66 

Armchair 260.08 

Chairs ‘classic’ 581.97 

Office table 166.68 

Closets 242.46 

Table 136.97 

Chairs 545.20 

Restaurant tables 1 254.01 

Tables 80 x 80 912.61 

Chairs 2 199.60 

Switchboard (reception) 5 645.74 

Prefabricated house switchboards (reception) 1 593.18 

Passenger vehicle 1 603.82 

Window washing device 208.48 

TV set (suite) 403.17 

TV sets in rooms 713.20 

TV sets in rooms 2 040.64 

TV sets in rooms 481.02 

Working chair 313.73 

Chairs 1 358.38 

Chairs 2 468.23 

Restaurant tables 656.43 

Cleaning device 1 098.30 

Satellite antenna 242.40 

Restaurant chairs 4 398.80 

Freezer 410.80 

Ice making machine 975.35 





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Tent with construction 5 838.55 

Telephone 68.00 

Telephone 68.00 

Fax machine 442.50 

Washing stand 720.00 

Hairdresser chair for men 780.00 

Hairdresser chair for men 600.00 

Hairdresser bench-board with mirrors (2 pieces) 1 200.00 

Hairdresser chair 120.00 

Chairs ‘Komfor’ 158.40 

Table 127.13 

Office chairs 218.59 

Chairs “Drina” 291.46 

Armchair 462.30 

Table 116.96 

Working table 340.58 

Working table drawer 215.21 

Table extension 164.69 

Table extension drawer 137.97 

Chair ‘Komfor’ 133.06 

Leather armchair 406.23 

Coffee machine 2 800.00 

Water device 105.00 

Coffee grinder 364.00 

Counter 1 361.40 

TOTAL 

State of balance conclusive with 

49 890.00 

31 December 2002 

49 890.00 





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SCHEDULE 2 

REAL ESTATE 

HOTEL “REVENA” 

Bulevar mira Str. 

No. Floors Dimensions of the 

building foundations in 

m 

1. Basement 12.00 x 15.00 

24.80 x 18.70 

Land beneath 

building in m 2 





www.brcko.ba 

Total gross area 

of the building in 

m 2 

- 644.00 

2. Basement 18.40 x 28.00 

18.60 x 18.50 

1.75 x 3.50 

865.00 

865.00 

3. Floor I 28.67 x 16.75 

9.07 x 3.30 

- 510.00 

4. Floor II 30.25 x 18.25 

6.00 x 3.30 

- 589.00 

5. Floor III 30.25 x 17.10 

6.00 x 3.30 

- 537.00 

TOTAL 865.00 3 145.00 

The real estate mentioned in the table above is located on the land registered according to 

the new survey as: 

- Cadastral unit No. 485/4, other unfertile land, covering 1106 m 2 

- Cadastral unit No. 1470/8, a field, covering 1506 m 2 

and entered in the title deed No. 4138, Cadastral Borough Brcko 1, and the user of these 

land plots is UP “7. April“, Brcko; 

- Cadastral unit No. 1470/3, covering 24 m 2 

entered in the title deed No. 1902, Cadastral Borough Brcko 1, the 1/1 user of this land is 

Z.T.P. Sarajevo. 

Total surface area of the mentioned land plots is 2636 m 2 (according to cadastral survey). 

The aforementioned cadastral data are matched with the following land plot data obtained by 

old survey and registered as: 







all entered in the Land Book Folder No. 5247, Cadastral Borough Brcko, which is 1/1 

socially-owned property, the right to use this land has UP “7. April“ Brcko. 

Total surface area of this land is 2612 m 2 (according to cadastral survey). 

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building foundation in 

CAFÉ-RESTAURANT “SAVA” 

Bulevar mira Str. 

m 

Land beneath the 






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the building in 

the m 2 

1. Basement 10.20 x 8.50 86.70 86.70 

TOTAL 86.70 86.70 



- Cadastral unit No. 1039, a yard, covering 785 m 2 

- Cadastral unit No. 1039, a building-yard, covering 425 m 2 

all entered in the title deed No. 1868, Cadastral Borough Brcko 1; the 1/1 user is Company 

for residential buildings management Brcko. 


The aforementioned cadastral data are matched with the following land plot data obtained 

by old survey and registered as: 

- Cadastral unit No. 15/234, a yard, covering 201 m 2 

- Cadastral unit No. 15/265, a garden surrounding the building, covering 199 m 2 

and entered in the Land Book Folder No. 1583, which is socially-owned property; the users 

of the land are Sreten (f. Miko) Vasic, with 1/16 right of use and Nada (f. Drago) Papic with 

15/16 right of use. 

- Cadastral unit No. 15/236, a garden-yard near bowling alley, covering 450 m 2 ; 

entered in the Land Book Folder No. 1584, which is socially-owned property; the user of the 

land is Mrs. Nada Papic. 


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RESTAURANT “MIMOZA” 

Bosne Srebrene Str. 



m 







www.brcko.ba 



the m 2 

1. Basement - 40.00 40.00 

TOTAL 40.00 40.00 

The real estate mentioned in the table above is located on the land registered according 

to the new survey as: 

-Cadastral unit No.1308/2, a yard, covering 94 m 2 

-Cadastral unit No.1308/2, administrative building, covering 63 m 2 , 

all entered in the title deed No. 753, Cadastral Borough Brcko 1; the 1/1 user of the land 

plots is Mihajlo (f. Jovica) Jovanovic. 


The aforementioned cadastral data are matched with the following land plot data 

obtained by old survey and registered as 

-Cadastral unit No. 17/371, a yard, covering 157 m 2 , 

entered in the Land Book Folder No. 6383, Cadastral Borough Brcko, which represents 

socially-owned property; the 1/1 user of the land is PK UTP “7. April“ Brcko. 


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FAST-FOOD RESTAURANT “GURMAN” 

Konacko brdo Str. 



m 

1. Basement 2.4 x 2.8 

3.65 x 3.65 

3.0 x 2.75 







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the m 2 

28.29 28.29 

TOTAL 28.29 28.29 



-Cadastral unit No. 39/1, a yard, covering 610 m 2 , 

-Cadastral unit No. 39/1, a building-yard, covering 390 m 2 , 

all entered in the title deed No. 3869, Cadastral Borough Brcko 1; the users of the land are 

Company for residential buildings management Brcko with 18/20 right of use, Mevludin (f. 

Alija) Ridjalovic with 1/20 right of use and Djordje (f. Dusan) Rikanovic with 1/20 right of use. 


The aforementioned cadastral data are matched with the following land plot data 

obtained by old survey and registered as: 

-Cadastral unit No. 8/48, a garden surrounding the building and a yard, 

covering 160 m 2 , 

entered in the Land Book Folder No. 323, Cadastral Borough Brcko, 1/1 socially-owned 

property; the users of the land are Nesiba Mesanovic with ¾ right of use and Mevlida 

Mesanovic with remaining ¼ right of use. 

-Cadastral unit No. 8/186, a business building/fast-food restaurant, covering 40 m 2 and 

entered in the Land Book Folder No. 307, Cadastral Borough Brcko, which is 1/1 

socially-owned property; the user of the land is UP “7. April“ Brcko. 


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SCHEDULE 3 

BALANCE SHEET 

Item Initial 

balance 

1999 2000 2001 

Revised 

balance 





www.brcko.ba 

2002 

ASSETS 

I Current assets 

Cash 15 255 10 413 9 462 19 314 8 773 

Uncollected claims 31 377 56 139 85 508 95 979 110 699 

Advance payments 230 

Reserves 14 340 31 028 31 424 28 171 28 020 

Total current assets 61 202 97 580 126 394 143 464 147 492 

II Fixed assets 

Land 

Buildings 1 266 022 1 572 355 1 798 093 1 772 823 1 755 312 

Equipment, furniture 31 438 38 429 65 504 56 830 49 890 

Accumulated depreciation 22 002 1 383 2 603 

Total fixed assets 1 319 462 1 612 167 1 866 200 1 829 653 1 805 202 

III Other assets 1 294 

TOTAL ASSETS 1 381 958 1 709 747 1 992 594 1 973 117 1 952 694 

LIABILITIES 

I Current liabilities 

Unsettled liabilities 12 235 25 339 46 122 108 818 153 660 

Short-term loans 24 502 20 368 29 253 

Other short-term liabilities 3 533 5 203 856 561 930 

Total current liabilities 40 270 50 910 76 231 109 379 154 590 

Long-term liabilities 

Long-term loans 

Total long-term liabilities 

CAPITAL 

Private capital 

State capital 1 341 688 1 272 110 1 476 342 1 863 738 1 863 207 

Retained revenues/loss 585 1 855 65 103 

Established adjustments 386 142 438 166 

Total capital 1 341 688 1 658 837 1 916 363 1 863 738 1 798 104 

TOTAL LIABILITIES AND 

CAPITAL 1 381 958 1 709 747 1 992 594 

-12- 

1 973 117 1 952 694



SCHEDULE 4 

LIST OF LIABILITIES 

List of liabilities towards suppliers 

Supplier 

Amount in KM 

Brcko District Government 

(Electro distribution) 

52 077.14 


(Water supply) 


46 541.16 

(Department for budget and finance) 13 609.08 

ODP “Velma“, Brcko 1 990.16 

DOO “Birotehna“, Brcko 459.38 

PP “Mitrasevic“, Brcko 145.80 

Beverage store “Rubin“, Brcko 3 961.25 

PP “I.E.G.“ Brcko 793.66 

SZR “Flas“, Brcko 289.00 

“Brcko – gas“, Brcko 570.81 

SOD “Jahorina“, Brcko 18 036.18 

“Dasing printing-Gama“, Brcko 177.00 

DRT “Sanicani“, Prijedor 277.00 

Jewelry “Maksimovic“, Brcko 147.00 

STR “Afrodita“, Brcko 360.00 

ODP “Laser“, Brcko 121.80 

PP “Zeljo“, Brcko 747.07 

“Telekom – Srpske“, Brcko 836.60 

“Bek-promet“, Brcko 6 353.85 

PP “Friko“, Banja Luka 139.35 

PP “Papirus“, Brcko 52.48 

DOO “Maark-Trade“, Brcko 59.60 

Bookstore “Pionir“, Brcko 45.10 

“Tang-Art“, Brcko 74.00 

Auto-mechanic shop, Grcica 350.00 

Health center, Brcko 180.00 

Cultural center, Brcko 70.00 

Radio & Newspaper Agency, Brcko 200.00 

Public hospital, Brcko 20.00 

News agency “Srna“, Bijeljina 40.50 

“Sanitacija”, Bijeljina 52.50 





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PP “Elins Panic“, Brcko 40.00 

STR “Una“, Brcko 74.80 

Post office Brcko 73.00 

“Mobilna Srpske“, Banja Luka 80.64 

PP “Gro-Aleks“, Brcko 131.61 

“MN Kompani”, Brcko 1 486.89 

PS “Boskom“, Bijeljina 180.00 

PP “Veka-komerc“, Brcko 701.69 

Printing service company 

445.80 

“Grafam“, Brcko 

STR “Vasko“, Brcko 588.30 

SZR “Gigo“, Brcko 604.00 

DOO “IKO“, Brcko 111.00 

Fish store “Saran“, Brcko 105.60 

“Intelkom M.M.“, Brcko 259.20 

TOTAL 153 660.00 

State of balance by 31 December 2002 153 660.00 

Other liabilities 

Description 

Amount in KM 

Liabilities for taxes, contributions and 

other levies 930.00 

TOTAL 930.00 

State of balance by 31 December 2002 930.00 

Description 

SUMMARY 

Amount in KM 

Liabilities towards suppliers 153 660.00 

Liabilities for taxes, contributions and 

other levies 930.00 

Total liabilities 154 590.00 

State of balance by 31 December 2002 154 590.00 





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SCHEDULE 5 

MATERIAL CONTRACTS 

1. List of lease contracts 

No. Lessee Building - Item Contract No. Deadline 

1. Mihajlo Lukic Fast food “Gurman” 169/2001 Until 

privatization 

2. Pavle Stjepanovic Restaurant “Sava” 168/2001 Until 

privatization 

3. Gojko Tosic “Tang – Art” 166/2001 Until 

privatization 

4. Hamed Biser Hairdressing shop 202/2001 Until retirement 

5. “Heliodor“ DOO “Revena shop“ 8/2003 

Until 

Tuzla 

privatization 

2. List of contracts on services provided by ODP “Brcko” Brcko 

No. Service user Type of contract Contract No. Deadline 

1. Dragan Simikic Accommodation 205/2001 Until 

services 

privatization 

2. Predrag Accommodation 

- Until 

Veselinovic 

services 

privatization 

3. Zivan Majstorovic Accommodation 

- Until 

services 

privatization 

4. Milorad Novakovic Accommodation 163/2001 Until 

services 

privatization 

5. “Elins Panic” Accommodation 

services 

201/2001 Not determined 

6. “IGP UNA” AD Catering 


Kozarska Dubica services 

7. Ministry for 

Catering 


services of RS services 

8. Mirza Jusufovic Accommodation 118/2002 Until 

services 

privatization 

9. Mladen Bodiroza Accommodation 

Until 

services 

73/2002 privatization 





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3. List of contracts on services provided to ODP “Brcko” Brcko 

No. Service provider Type of contract Contract No. Deadline 

1. Brcko District Gov. 

- Department for 

health 

Health services 19/2001 Not determined 

2. Brcko District Gov. Waste disposal 210/01 Not determined 

– Department for 

utilities 

services 

3. “PS Boskom” Elevator technical 7/01 Not determined 

Bijeljina 

maintenance 

4. Milenko Mihajlovic Legal services - Not determined 





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SCHEDULE 6 

COURT DISPUTES 

List of court disputes against ODP “Brcko” Brcko 

No. Plaintiff No. of court Type of dispute Dispute value in 

dispute 

KM 

1. Hamed Biser 22/10/2001 Compensation for 

loss 

53 690 

2. Hamed Biser P 211/99-I Repossession of 

business premises 

- 

List of reported claims towards ODP “Brcko” Brcko upon the Public 

Announcement conclusive with 30 May 2002 

Creditor Basis of claim Value of claim in KM 

SOD “Jahorina“, Brcko branch Insurance premium 21 771.13 

PP “Iskra komerc“, Brcko Bill No. 175/2002 120.00 

Pavle Stjepanovic 

Expenses for 

reconstruction of Café- 

Restaurant “Sava“ 

17 736.36 





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COMPANY PROFILE - FDI.net

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