German-based Ball Packaging Europe, part of U.S. Ball Corporation, launched a new EUR 35mn production line for cans at its plant in Belgrade, Beta news agency reported. This will be the plant's second production line, with which the company plans double output to 1.5bn cans. The plant will hire 40 workers as a result of the expanded capacity. The production of the new line will be earmarked for exports to the region and the EU. The Serbian unit of Ball Packaging Europe was opened in 2005 and currently has a staff of 190. |
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