Japanese electronics maker Panasonic will build EUR 15mn factory in the Serbian town of Svilajnac by May 2012, local media reported. The Svilajnac plant will be Panasonic's biggest manufacturing facility in Europe and the first one on the Balkans. The plant will span over some 18,000 sqm and will employ 300 workers. The Svilajnac municipality will secure 5 ha of land in the town's industrial zone for this project. |
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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