CETEOR (Center for Economic, Technological and Environmental Development Sarajevo) was established in 1992 with the aim of providing support to the environmental, social, economic and technological development of Bosnia and Herzegovina. CETEOR continued the tradition of the Institute for Process Engineering, Energy and Environmental Engineering of the Faculty of Mechanical Engineering in Sarajevo, after its work was terminated in 1992. CETEOR is probably the first company registered in Bosnia and Herzegovina to support development.