The Serbian power utility EPS and its peer in Republic of Srpska, EPRS, inked a co-operation agreement for the construction of seven hydropower plants for EUR 820mn in the middle section of the Drina river. The three locations for the plants have been already selected, EPS GM Dragomir Markovic stated. Markovic noted that the hydropower plants will not be operational before 2016. The power plants will have a combined installed capacity of 300 MW and output capacity of 1,200 GWh annually. |
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