U.S. Steel Serbia has opened a new servicing facility at its cold rolling mill in Smederevo, Blic daily reported. The new unit is worth over USD 5mn and will be operated by Serbian Roll Service Company (SRCS), a joint venture equally owned by U.S. Steel Serbia and Canadian Court Holdings. The 1,300 square metres facility will offer services to other Smederevo-based firms as well. According to the CEO of U.S. Steel Serbia Matthew Perkins, SRCS currently employs six workers. |
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