Slovenian bakery Don Don has leased the production facilities of ailing Serbian peer Kikinda through its Serbian subsidiary PDM, eKapija reported. Production at Kikinda will be restored on July 15 after the bakery has been idle since October 2010. The new lessee has pledged to provide employment to 30 former Kikinda workers. Local authorities hope the Slovenian company will show interest in buying the bakery in the future. |
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