GRAND PRIX BANJALUKA
Banjaluka , Republic of Srpska Capitol City
As the university, economic, finance, political and administrative center of the Republic of Srpska, which is one of the two entities in Bosnia and Herzegovina, Banja Luka is the second biggest city in Bosnia and Herzegovina with the population of 180.053 (results of the 2013 census of population and housing units).
Situated in a valley at an elevation of 164 m above sea level, where the Dinaric Alps from the south descend into the Pannonian Basin in the north, Banja Luka has a temperate continental climate with the prevailing influences from the Pannonian plain. It belongs to the Central European Time zone (GMT +1) and has a temperate continental climate. The average annual temperature reaches 10,7°C, whereas the average January temperature is 0,8ºC, and July 21,3ºC.
Due to many of its green surfaces – parks and tree-lined roads, Banja Luka is also known as the city of greenery. It is also called a city of young people, sport and culture. It used to be a strong economic center with developed industry – the machinery-, electrical-, textile-, food- and cellulose industry in particular. The past war calamities that struck the city in the 1992-1995 period and the post-war society transition resulted in the collapse of a majority of the industrial capacities and markets.
The post-war Banja Luka started to open up more extensively to market economy countries, directing its development prospects towards the progress of trade, tourism, agriculture and food industry.
The city`s holiday, Day of Banja Luka, is celebrated on April 22, which is the date when Banja Luka was liberated from fascism in WWII.