EBRD mulls EUR 5.7mn loan to Serbia's Transnafta.

By bne IntelliNews April 2, 2012
The EBRD said it is considering providing Serbian state-owned firm Transnafta a sovereign guaranteed loan of up to EUR 5.7mn to support the construction of two crude oil storage tanks. The storage tanks will be built within Transnafta's existing oil storage depot in northern Serbia, the EBRD said in a statement. They will each have a capacity of 20,000 cubic metres and will be primarily used to keep Serbia's compulsory oil reserves but will be available to the private sector as well. Transnafta is active in pipeline transportation and storage of crude oil. The loan project is pending a final review by the EBRD board, scheduled for July 24.

Related Articles

Serbia's external debt up 4.7% y/y to EUR 25.4bn at end-Feb 2013.

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

Vip Mobile Serbia signs five-year managed services deal with Ericsson.

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

Telenor and Societe General possible buyers of Serbia's KBC Banka - report.

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

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335