Since the beginning of the privatization process in Serbia in 2002 a total of 2,385 companies were sold and the revenues amounted to some EUR 2.63bn, Tajug news agency reported citing data from the Privatization Agency. Pledged investments in privatized companies were worth EUR 1.13bn and the social programmes were EUR 276.7mn. Some 66% of all privatization deals were closed successfully. In 2002 to 2011, around 630 privatisation contracts were terminated. |
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