Japan Tobacco International (JTI) plans to invest USD 2mn in its Serbian facility this year, Blic daily reported. The investment is expected to be announced officially on Tuesday (Jun 14). JTI bought the tobacco factory in the Serbian city of Senta five years ago and has so far invested over USD 100mn in the country. The JTI factory in Senta employs over 300. |
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