The European Investment Bank (EIB) will provide Serbia with a credit line of EUR 250mn earmarked for boosting the country's exports, deputy PM in charge of EU integration Bozidar Djelic said as cited by Tanjug. The facility, called Apex 4, will allow local companies access to funding under favorable conditions and without additional mortgages, Djelic said. Some EUR 80mn from the credit line will be used to support the local automotive industry, Djelic added. The EIB has approved around EUR 3bn in loans to Serbia since 2001. |
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