United Investment and Trading Company

UNITIC World Trade Towers

The United Investment and Trading Company (UNITIC), formerly UNIS Holding BiH, is a joint venture company between UNIS Holding and Kuwait Consulting & Investment Co. The company owns and operates the UNITIC Twin Skyscrapers in Sarajevo, Bosnia and Herzegovina. The company was formed in 1998 and has since then invested KM 45 million in renovating the UNITIC Business Center.

History

Twins in 1996, burned during the war by tank shells

The UNITIC Twin Skyscrapers were built in 1980s in the Marijin dvor neighborhood of Sarajevo. They were colloquially named "Momo and Uzeir" after two characters from a radio comedy show, a Serb and a Bosniak. The towers were heavily damaged by shelling during the Siege of Sarajevo but remained standing, becoming symbols of resilience.[1] They were renovated after the war.

Facilities

UNITIC offers its clients office space and meeting rooms which can be rented for long durations of time. As the end of 2005 and beginning of 2006 the UNITIC Complex was at 90% occupancy rate. This has prompted the corporation to seek expansion.

The UNITIC website states this as the future plan of the company:

"Future plans of UNITIC were directed to both new activities and extension towards hotel Holiday Inn in order to create integral whole and contribute to completion of the facilities of the Center itself."[2]

Local media reports from mid-2006 states that UNITIC was planning a new tower for its complex, the new tower would stand at 30 floors height, greatly expanding the company's space. The worth of the proposed project would be KM 70 million.[3]

Office space

Notes

  1. ↑ Pavle Pavlović (12 September 2011). "Momo i Uzeir" (in Bosnian). e-novine. Retrieved 12 September 2011.
  2. ↑ UNITIC Archived March 10, 2007, at the Wayback Machine.
  3. ↑ Business Archived March 13, 2007, at the Wayback Machine.


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