Prishtina, 23 May 2014 – Sixteen investors from European Union member states and EFTA countries have founded The European Investors Council (EIC) to foster investment plans in Kosovo and responsibly contribute to the development of an efficient business environment which is the cornerstone for a sustainable growth of the economy and the improvement of social indicators.
The EIC is created to give a voice to the European investors with the aim of lifting the systemic deficiencies of the business environment and increase the foreign direct investments which in turn would realise Kosovo’s potential by building competitiveness and capacity for citizens and businesses alike.
The European Investors Council is a non-profit, non-governmental business organisation, founded by 16 investors from European Union and EFTA countries: ARDA REI, Baker Tilly Kosovo, Coresteel, CROATIA Sigurimi, Ecovision, Illyria Insurance, IPKO, M & Sillosi, Mamidoil Kosovo, NLB Prishtina, Panax Institute, Petrol Oti Slovenia, PricewaterhouseCoopers, ProCredit Bank Kosovo, Raiffeisen Bank Kosovo and Sharrcem.
The EIC members are operating companies in a variety of business sectors in the Kosovo market and therefore have first-hand experience of certain systemic drawbacks/adversities which not only impede the development of their activities but, in some cases, undermine the sense of business itself. These issues have to be properly and timely addressed by the Kosovo authorities in order to establish a stable market and boost value creation through investment in Kosovo.