I haven’t heard of anything good coming out of Bosnia-Herzegovina recently due to a lack of good contacts in the area. However, judging by the work of Damir Imamović, the scene looks to be doing just fine.
Music from the ex-Yugoslavia is a region well worth exploring. Everything from Industrial and goth to power-pop was well-represented, and a lot of this material holds up quite well. Take, for example, Opera Lu, a band from Sarajevo, whose New-Wave sound compares favorably to bands like The Buzzcocks and The Real Kids.
Duško Gojković made his name in the former Yugoslavia. He collaborates here with the Sarajevo Big Band out of Bosnia-Herzegovina.
Though this post is quite old, Andrew Horton’s post for Kinoeye is quite informative if you have an interest in learning more about Bosnian cinema.