Serbia moved up by one position to rank 89th in terms of ease of doing business among 183 states, the World Bank's report Doing Business 2011 showed. Serbia adopted a new bankruptcy law that introduced out-of-court settlement and a unified reorganisation procedure, which helped the country advance on the WB list. In the previous report, Serbia ranked 88th, but the addition of another two countries in the list moved Serbia to the 90th place. Compared to the previous report, Serbia made progress in registering property and closing a business, but deteriorated in several other areas, such as starting a business, dealing with construction permits, getting credit, protecting investors, paying taxes and trading across borders. |
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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