The European Investment Bank (EIB) signed three credit agreements worth a total of EUR 325mn at the opening of a new regional representation office in Belgrade, the EIB said in a statement on its website. An EUR 195mn loan will be extended for the construction of a motorway section along transport Corridor X between Nis and Ciflik. The construction of access roads to the new Sava Bridge in the capital Belgrade will get a EUR 90mn loan. The bank will also provide EUR 40mn to power utility Elektroprivreda Srbije (EPS) for the purchase of digital electronic meters. The EIB is one of the biggest investors in Serbia, having poured in some EUR 3bn for projects in the private and the public sectors. |
|
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