About Us


Establishment of a management company


Management Company was founded in 2000 with the aim of forming a Privatization Investment Fund with collected vouchers of citizens, their investment in companies in the process of their privatization and management of equity securities in joint stock companies on behalf of the Fund’s shareholders.

Passing the Law


By passing the Law on Investment Funds, the Company harmonized its acts and organization according to the Law, and made an entry in the court register at the Basic Court in Banja Luka on June 29, 2007 under number 071-0-REG-07-001111.

Merger with Zepter Invest jsc


By the decision of the RS Securities Commission No. 01-UP-51-108-6 / 16 dated June 9, 2016, a license was issued to the Investment Fund Management Company “Kristal Invest” jsc Banja Luka and the Investment Fund Management Company “Zepter invest” jsc Banja Luka to make a status change of the merger with the merger in such a way that the Investment Fund Management Company “Zepter Invest” jsc Banja Luka merges with the merger with the Investment Fund Management Company “Kristal Invest” jsc Banja Luka. The activity of the Management Company is asset management of investment funds.

  • Basic information
  • Steering committee
  • Organizational structure

Basic information

Name: Investment Fund Management Company „Kristal invest“ jsc Banja Luka

Abbreviated name: „Kristal invest“ jsc Banja Luka

Address: Milana Rakića 1, 78000 Banja Luka, Republic of Srpska, Bosnia and Herzegovina

Phone: + 387 51 320 230

Fax: + 387 51 307 266

E-mail: info@kristalinvest.com

Web site: www.kristalinvest.com

The name of registration court: Osnovni sud u Banjoj Luci

Number and date of enrollment: 071-0-REG-07-001111 from September 29th 2007

ID number: 01935615

Capital: 1.150.000,00 BAM

Number of issued shares: 1.150.000

Nominal value per share: 1,00 BAM

Legal representatives: Goran Klincov, Executive director

SEC RS approval for perfoming a duties of the executive director no. 01-UP-51-231-1/20 from June 5th 2020.

Nenad Tomović, Executive director

SEC RS approval for perfoming a duties of the executive director no. 01-UP-51-232-1/20 from June 5th 2020

Share register: Central registry of securities jsc (SEC RS approval 01-UP-52-524-2/19 from October 3rd 2019)

Bank account: 555100 00144684 88 Nova banka jsc Banja Luka

567162 22002397 96 Sberbank jsc Banja Luka

562099 81348214 92 NLB Razvojna banka jsc Banja Luka

161000 02380900 03 Raiffeisen banka jsc branch Banja Luka

Working hours: Monday – Friday from 08:00 to 16:00

Steering committee

Jelena Mrkobrada, an economist, Chair of the Steering Committe
Mag. Dr Georg Thaler, Doctor of Economics, member of Steering Committee
Tripko Krgović, an economist, member of Steering Committee

Shareholders assembly

Thaler Vermogensverwaltung GmbH
513.370 44.64%
Dr. Mag Georg Thaler
445.641 38.75%
Kristal konsalting a.d. Banja Luka
190.989 16.61%

Organizational structure


  • Financial Reports
  • Management Company Acts
  • Auditor reports