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. |
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