About the Agency

Development Agency of the Republic of Srpska (RARS) was established in 2004 in accordance with the Law on Encouraging the Development of Small and Medium-Sized Enterprises. Our most important task is to support the establishment, growth and development of business entities.

We are the initiator and implementer of the development policies of the Government of the Republic of Srpska in support of the private sector, attracting and supporting the realization of investment projects, as well as a place of contact and sustainable dialogue between the public and private sectors.

We are a reliable partner to domestic and international institutions and the business community in the implementation of development projects.We have the knowledge and professional staff fully focused on the client. Our work is transparent and proactive. We are available in real time and ready to provide the highest quality service.

Our goal is dynamic development of knowledge and innovation based economy and the Republic of Srpska as the leading destination for private business development in Southeast Europe.

Development Agency of the Republic of Srpska is a member of the Association of Development Agencies of the European Union – EURADA and the winner of the prestigious award for best practice in the category “New organizational models for development agencies” awarded by this association.