Serbia's retail sales contracted by a real 5.8% on the year in February after shrinking a real 3.2% in January, the statistics office said in a statement. In nominal prices, February retail sales were 0.3% lower on the year and 5.4% down on the month. On a monthly basis, February retail sales dropped a real 6.2% after falling a real 22.6% in January. In the first two months of 2012, retail sales shrank by a real 4.7% on the year but rose by a nominal 1%. Last year sales shrank by a real 16.7% after falling 0.9% in 2010. |
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