Italy and Serbia have signed an energy cooperation agreement under which Italy has pledged to buy out the entire output of the Italian-Serbian renewable energy joint ventures in Serbia, a statement on the government's website read. The price at which Italy will purchase electricity was set at EUR 155 per MWh. Serbia's state-owned power utility EPS and Italy's SECI Energia have signed an agreement on the construction of an EUR 800mn hydro power complex on the Drina river in February 2011. The project envisages building power plants with a combined capacity of over 300MW. EPS and SECI Energia have another joint venture for the construction of 10 hydropower plants on the river Ibar in central Serbia. |
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