Serbia to invest EUR 11bn in energy sector.

By bne IntelliNews July 5, 2011
Serbia plans to invest around EUR 11bn in its energy sector, Beta news agency reported citing Petar Skundric, energy advisor to the prime minister. According to Skundric, EUR 5bn have already been invested in projects that are currently under way, a further EUR 2bn will be invested in renewable projects and another EUR 2mn will be allocated to gas projects. The country's energy sector has weathered the economic crisis well and has been registering a sustained growth of around 3% over the past three years, Skundric added.

Related Articles

Serbia's external debt up 4.7% y/y to EUR 25.4bn at end-Feb 2013.

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

Vip Mobile Serbia signs five-year managed services deal with Ericsson.

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

Telenor and Societe General possible buyers of Serbia's KBC Banka - report.

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

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss