The Minister of Communications of the Republic of Srpska announced that the tender offer for Telekom Srpske is expected to be opened at the end of the August.
Telekom Srpske is the most profitable company in the Republic of Srpska, which is one of the two political entities that compose the state of Bosnia and Herzegovina.
The selection of the financial consultant is under the patronage of the World Bank, according to RZB representative Mr. Juergen Sattler. Beside Raiffeisen Investment a number of international investment banks have given their proposals for the privatization process so far.