Industrial giant declared bankrupt after 130 years
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A major industrial company in Bosnia and Herzegovina has been declared bankrupt after 130 years of operation. This economic blow comes as political figures continue to navigate government formation talks. Foreign Minister Elmedin Konaković has stated his intention to pressure Milorad Dodik into quickly forming a government, while Miljan Kovač claims many within the SDS and PSS parties are eager to align with Dodik.
Adding to the political discourse, Đuro Kozar suggested that Milorad Dodik is seeking to re-establish an army. Meanwhile, new details have emerged concerning lobbying efforts for Republika Srpska, including a New York Times report exposing a network of individuals linked to Donald Trump's circle, and the dismissal of an associate of Milorad Dodik who was previously connected to the Trump administration.
On a more somber note, a 16-year-old boy was found deceased near Laktaši, leading to mourning at his school. In Sarajevo, residents are facing new water outages as the public utility ViK announced works that will affect nearly 30 streets and nine neighborhoods in the city.