Today marks the beginning of operations for "Invictus Technology Group," a company formed by the leaders of "Infinity International Group," which was blacklisted by the United States in mid-July.

Bojan Vujic, the director of the newly formed company that employs around 200 workers, stated that employees have signed contracts and started working, attributing this to the trust workers have in the company, which was a key goal of the first phase.

“In the coming period, we plan to establish operations in all the markets we previously operated in, including Sarajevo, Montenegro, and Serbia,” Vujic said, highlighting an agreement with “Nimbus Innovations” (formerly “Sirius 2010”) for joint operations in the future.

He emphasized that there is nothing problematic about their move and that it is normal for people with decades of experience in the IT industry to start businesses in that field.

“Why is everything we do constantly portrayed negatively? Does this mean that if any of us registers a company, it's because of sanctions? Does this mean we no longer have the right to open companies?” Vujic questioned.

He underlined that “Invictus Technology Group” is a completely new company and a new venture starting from scratch, but mentioned they would find a way to retain the jobs that the blacklisted companies used to handle.

“Everything that ‘Prointer’ maintained so far will continue to be maintained by the same people. Despite the situation, we will not allow any of our clients to be affected,” Vujic stated, adding that he does not see any reason for “Invictus Technology Group” to be blacklisted.

He also mentioned that they are in the process of opening bank accounts and does not foresee any issues. He denied any involvement of Igor Dodik, son of the RS president, with the company he leads, reiterating that Igor Dodik was not involved with the companies within “Infinity International Group,” despite contrary claims by Milorad Dodik.

“Mr. Dodik neither then nor now has had any advisory, ownership, or any other cooperation,” Vujic said.

He responded to the U.S. Embassy in Bosnia and Herzegovina's recent question on platform “X” about the money received from the budget for sanctioned companies.

“Contracts and contract values are constantly mentioned, creating some kind of problem. If they have decided to deal with some figures and company operations, I think it is fair to state the benefits of American companies in these businesses,” Vujic said, noting that from 2003 to mid-2024, American companies earned almost 25 million marks through cooperation with sanctioned companies, with 101 tenders involving American companies.

Lastly, Vujic addressed the issue of UNA Television, which ceased broadcasting yesterday. He noted that the media house had a significant deficit of “eight or eight and a half million marks” but was on the path to becoming self-sustainable this year. He confirmed that UNA TV was financed by other companies within the group.

“The management of ‘UNA’ assessed that the current format was simply no longer sustainable and that there was no possibility of finding funds or establishing a sustainable business model in the near future. I am very sorry, 80 people worked there, a lot was invested, not just money, but it was obviously unsustainable due to the American sanctions,” Vujic said.

He noted that UNA TV in Serbia has continued operations as a working model was found in the meantime.