In the first two months of 2011 Serbian exports to Germany rose 33% y/y, while German imports went up by 13%, the economy ministry said in a statement on its website. In Jan-Feb 2011, exports to Germany reached a record high EUR 128mn. According to the ministry, Serbia's exports to Germany could reach EUR 1bn in 2011. Thus, Serbia could become Germany's biggest trading partner from the CEFTA region. The increase in exports to Germany has been due to an increase in the exports of electrical appliances and equipment, steel, copper and aluminum products, textile products, as well as fresh and frozen food products and grains. |
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