Croatian IT retailer HG Spot plans to invest around EUR 6mn in building four hydroelectric plants in Serbia, Croatias Poslovni Dnevnik reported citing HG Spot co-founder and shareholder Sasa Loncar. The plants should become operational by 2020, Loncar said. Loncar is also seeking partners for the construction of a fifth hydro power plant in Serbia, which is expected to cost over EUR 20mn. |
Serbia's foreign debt rose an annual 4.7% y/y to EUR 25.4bn at end-February after climbing 6.6% on the year in January, central bank data showed. In monthly terms, however, the external ... more
Swedish company Ericsson said it has signed a five-year managed services contract with Vip Mobile - the Serbian arm of Telekom Austria Group. The agreement includes field maintenance services for ... more
Norwegian telecommunications firm Telenor and France's Societe General are seen as possible buyers of the Serbian unit of Belgium's KBC Group, which has been on sale for several years now, a ... more