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.

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