On 27th August 2013, IES researchers Mr Dusko Bodroza and Mr Mihajlo Djukic, with the presence of their supervisors prof. Dr Hasan Hanic and Dr Srdjan Redzepagic, presented their PhD research results performed at the Faculty of Economics, Kosice, Slovakia. PhD Committee has positively evaluated their current progress by which all necessary conditions for preparation of final version of PhD theses are now fulfilled.