The EBRD said it is considering providing a loan of up to EUR 11mn to Serbia's northern city of Subotica for the modernisation of its wastewater and water supply infrastructure. The proceedings of the loan will finance the construction of a collector, a second water treatment plant and a main water distribution aqueduct, which will complete Subotica's wastewater and water supply networks, the EBRD said in a statement. The total value of the project is estimated at EUR 29.2mn. |
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