The EIB said on Monday, March 11, it plans to lend Serbia at least EUR 600mn worth of credits in 2013 but this volume will depend on the projects that will be offered for financing by Serbia, news agency Beta reported. EIB's deputy president Dario Scannapieco told a news conference in Belgrade that the investments will be focused on the SMEs sector, which will receive EUR 500mn, while the remaining EUR 100mn will go for the construction of roads. These two sectors are of key importance since the SMEs are important for creating new jobs, while the improved infrastructure attracts more investments. |
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