Serbia plans to attract USD 3bn in FDI this year, mainly in automotive, textile and electronics industries, deputy PM Mladjan Dinkic has stated, adding that portfolio investments should recover due to announced privatisation of state-owned monopolies planned for this year. We note that the National Bank of Serbia (NBS) said it projected EUR 1.3bn (USD 1.88bn) in FDI this year. Net FDI have reached USD 1.43bn in Jan-Oct.
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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