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August 28, 2008 on 4:15 am | In Economy, News in English | No Comments
Signing loan agreements worth a total of 19 million euro will be on the agenda of Thomas Mirow, the newly-appointed head of the European Bank for Reconstruction and Development (EBRD) during his first visit to Western Balkans on September 1-3 2008, the bank said in a statement. Mirow will visit Serbia and follow up with a […]
New EBRD president makes first visit to Western Balkans, Sofia EchoSigning loan agreements worth a total of 19 million euro will be on the agenda of Thomas Mirow, the newly-appointed head of the European Bank for Reconstruction and Development (EBRD) during his first visit to Western Balkans on September 1-3 2008, the bank said in a statement. Mirow will visit Serbia and follow up with a […]
August 26, 2008 on 5:58 am | In Economy, In Focus, News in English | No Comments
26 August 2008 Belgrade _ Germany’s Deutsche Telecom is eyeing at least a 15 percent stake in Serbia’s state-run telephony and cell phone provider, Telekom Srbije, the company’s union leader says. Following an announcement that the Serbian government was ready to list the company’s shares at the Belgrade and London stock exchanges, the German partners “hinted […]
26 August 2008 Belgrade _ Germany’s Deutsche Telecom is eyeing at least a 15 percent stake in Serbia’s state-run telephony and cell phone provider, Telekom Srbije, the company’s union leader says. Following an announcement that the Serbian government was ready to list the company’s shares at the Belgrade and London stock exchanges, the German partners “hinted […]
August 26, 2008 on 5:52 am | In Economy, In Focus, News in English | No Comments
KRAGUJEVAC — Fiat will not initial a contract with Zastava until the SAA is ratified, due to EU’s significant role in the deal. Minister of Economy and Regional Development Mlađan Dinkić said earlier that the contract would finally be signed in mid-September. However, this deadline may also be missed if Serbian MPs fail to show good will […]
KRAGUJEVAC — Fiat will not initial a contract with Zastava until the SAA is ratified, due to EU’s significant role in the deal. Minister of Economy and Regional Development Mlađan Dinkić said earlier that the contract would finally be signed in mid-September. However, this deadline may also be missed if Serbian MPs fail to show good will […]
August 22, 2008 on 4:43 am | In Economy, In Focus, Kosovo & Metohija, News in English | No Comments
Privatization in Kosovo and Metohija began in May 2003, without the consent of official Belgrade. At work is the ‘spin off method’ or the sale of what remains of companies – land, premises, machines and other equipment. Privatization in Kosovo and Metohija continues even though there were plans to end it by the end of the […]
Privatization in Kosovo and Metohija began in May 2003, without the consent of official Belgrade. At work is the ‘spin off method’ or the sale of what remains of companies – land, premises, machines and other equipment. Privatization in Kosovo and Metohija continues even though there were plans to end it by the end of the […]
August 15, 2008 on 5:23 am | In Economy, News in English | No Comments
WASHINGTON — Serbia’s representative to the World Bank says the bank plays a big role in building infrastructure in Serbia. Biljana Hroneos Krasovac told Voice of America that Serbia needed EUR 1.7bn to complete construction of Corridor 10, and that Serbia had so far secured EUR 250mn of that figure. “We expect the World Bank to help […]
WASHINGTON — Serbia’s representative to the World Bank says the bank plays a big role in building infrastructure in Serbia. Biljana Hroneos Krasovac told Voice of America that Serbia needed EUR 1.7bn to complete construction of Corridor 10, and that Serbia had so far secured EUR 250mn of that figure. “We expect the World Bank to help […]
August 15, 2008 on 5:20 am | In Economy, News in English | No Comments
KRAGUJEVAC — The Fiat-Zastava deal will bring Kragujevac a string of infrastructure projects and technical facilities for better business. Kragujevac Deputy Mayor Nebojša Zdravković, who is also a member of the negotiating team with Fiat, stresses that by the end of the year the possibility of building an airport in Kragujevac will be looked at. A number […]
KRAGUJEVAC — The Fiat-Zastava deal will bring Kragujevac a string of infrastructure projects and technical facilities for better business. Kragujevac Deputy Mayor Nebojša Zdravković, who is also a member of the negotiating team with Fiat, stresses that by the end of the year the possibility of building an airport in Kragujevac will be looked at. A number […]
August 14, 2008 on 6:06 am | In Economy, News in English | No Comments
BELGRADE — Serbia will invest EUR 4.14bn in improving the railway line parallel to the Corridor 10 highway, daily Politika states. The daily also writes that talks with financial institutions regarding the reconstruction of Corridor 10 will begin in the fall. Along with the EUR 1.7bn that will be allocated for finishing the infrastructure on Corridor 10, […]
BELGRADE — Serbia will invest EUR 4.14bn in improving the railway line parallel to the Corridor 10 highway, daily Politika states. The daily also writes that talks with financial institutions regarding the reconstruction of Corridor 10 will begin in the fall. Along with the EUR 1.7bn that will be allocated for finishing the infrastructure on Corridor 10, […]
August 13, 2008 on 6:48 am | In Economy, News in English | 1 Comment
BELGRADE, Aug. 12 (Xinhua) — Serbia and China agreed on Tuesday that the two countries would sign an agreement on scientific and technological cooperation by the end of this year. The agreement will be signed in December during a Serbian delegation’s visit to Beijing, according to a statement released by the office of Serbian Deputy Prime […]
BELGRADE, Aug. 12 (Xinhua) — Serbia and China agreed on Tuesday that the two countries would sign an agreement on scientific and technological cooperation by the end of this year. The agreement will be signed in December during a Serbian delegation’s visit to Beijing, according to a statement released by the office of Serbian Deputy Prime […]
August 12, 2008 on 3:56 am | In Economy, In Focus, Kosovo & Metohija, News in English | 1 Comment
Beijing, 8 August (AKI) - Italy’s Foreign Minister Franco Frattini on Friday pledged his country’s support for Serbia’s bid to join the European Union and boost bilateral trade and other ties. “Serbia has full support for the Italian government to become in the very near future a fully fledged member of the European community,” said Frattini […]
Beijing, 8 August (AKI) - Italy’s Foreign Minister Franco Frattini on Friday pledged his country’s support for Serbia’s bid to join the European Union and boost bilateral trade and other ties. “Serbia has full support for the Italian government to become in the very near future a fully fledged member of the European community,” said Frattini […]
August 8, 2008 on 3:01 am | In Economy, In Focus, News in English | No Comments
By Gordana Filipovic BELGRADE, Aug 7 (Reuters) - Optimism over Serbia’s new government and its cooperation with the West should bring the country $5.0 billion in foreign investment this year, its investment agency said on Thursday, the largest amount to date. Serbia’s Investment and Export Promotion Agency (SIEPA) said events including the forming of a pro-Western coalition […]
By Gordana Filipovic BELGRADE, Aug 7 (Reuters) - Optimism over Serbia’s new government and its cooperation with the West should bring the country $5.0 billion in foreign investment this year, its investment agency said on Thursday, the largest amount to date. Serbia’s Investment and Export Promotion Agency (SIEPA) said events including the forming of a pro-Western coalition […]
August 1, 2008 on 4:59 am | In Economy, News in English | No Comments
By Boris Kamchev Having conducted failed negotiations with Italy’s near-bankrupt airline Alitalia, the Russian flagship carrier Aeroflot will now try to enter the European air passenger market by taking part in a tender announced on Thursday for the privatization of Serbia’s cash-strapped JAT Airways. The Serbian Privatization Agency on Tuesday publicized the privatization leaflet and called on […]
By Boris Kamchev Having conducted failed negotiations with Italy’s near-bankrupt airline Alitalia, the Russian flagship carrier Aeroflot will now try to enter the European air passenger market by taking part in a tender announced on Thursday for the privatization of Serbia’s cash-strapped JAT Airways. The Serbian Privatization Agency on Tuesday publicized the privatization leaflet and called on […]
August 1, 2008 on 4:56 am | In Economy, News in English | No Comments
BELGRADE (Thomson Financial) - Serbia’s privatisation agency invited offers on Thursday for the sale of 51 percent of its flagship carrier JAT Airways, which it prices at 51 million euros. The invitation for ‘the participation in a public tender for the sale of 51 percent with a possibility to acquire up to 70 percent of the […]
BELGRADE (Thomson Financial) - Serbia’s privatisation agency invited offers on Thursday for the sale of 51 percent of its flagship carrier JAT Airways, which it prices at 51 million euros. The invitation for ‘the participation in a public tender for the sale of 51 percent with a possibility to acquire up to 70 percent of the […]
July 30, 2008 on 12:37 pm | In Economy, Kosovo & Metohija, News in English | No Comments
KOSOVSKA MITROVICA — Kosovo Albanians are registering to receive free shares from the privatization of Serbia’s public companies. Thus far 71,617 residents have registered in the province, a decent number of which are ethnic Albanians, according to Postal Service, PTT, in Kosovo Director Ranđel Nojkić. Nojkić told the Tanjug news agency that according to regions, most of […]
KOSOVSKA MITROVICA — Kosovo Albanians are registering to receive free shares from the privatization of Serbia’s public companies. Thus far 71,617 residents have registered in the province, a decent number of which are ethnic Albanians, according to Postal Service, PTT, in Kosovo Director Ranđel Nojkić. Nojkić told the Tanjug news agency that according to regions, most of […]
July 30, 2008 on 12:37 pm | In Economy, News in English | No Comments
BELGRADE — A Gazpromneft official says that the energy agreement between Russia and Serbia will not see any changes. Chief adviser to Gazpromneft’s CEO Dmitry Malishev told Belgrade daily Biznis that it is impossible to change an international agreement such as this one, and added that the Serbian and Russian sides can only confirm details of […]
BELGRADE — A Gazpromneft official says that the energy agreement between Russia and Serbia will not see any changes. Chief adviser to Gazpromneft’s CEO Dmitry Malishev told Belgrade daily Biznis that it is impossible to change an international agreement such as this one, and added that the Serbian and Russian sides can only confirm details of […]
July 30, 2008 on 12:36 pm | In Economy, News in English | No Comments
BELGRADE — Prime Minister Mirko Cvetkovic says Serbia “might attract between EUR 3-5bn in FDI this year”. Cvetković spoke to Tanjug news agency on Tuesday in Belgrade when he assessed that Serbia “will not have any problems in securing EUR 1.1bn to complete two roads of the southern section of Corridor 10″. The prime minister said that […]
BELGRADE — Prime Minister Mirko Cvetkovic says Serbia “might attract between EUR 3-5bn in FDI this year”. Cvetković spoke to Tanjug news agency on Tuesday in Belgrade when he assessed that Serbia “will not have any problems in securing EUR 1.1bn to complete two roads of the southern section of Corridor 10″. The prime minister said that […]
July 30, 2008 on 12:26 pm | In Economy, In Focus, News in English | 1 Comment
BRUSSELS, July 29 (Xinhua) — European Union ambassadors agreed here Tuesday to delay for another time the implementation of a keytrade pact with Serbia, despite the capture of former Bosnian Serbleader Radovan Karadzic, according to EU diplomats. The ambassadors decided at a meeting to wait until Karadzic is handed over to The Hague-based International Criminal Tribunal […]
BRUSSELS, July 29 (Xinhua) — European Union ambassadors agreed here Tuesday to delay for another time the implementation of a keytrade pact with Serbia, despite the capture of former Bosnian Serbleader Radovan Karadzic, according to EU diplomats. The ambassadors decided at a meeting to wait until Karadzic is handed over to The Hague-based International Criminal Tribunal […]
July 29, 2008 on 6:08 am | In Economy, News in English | No Comments
Serbia’s government announced Tuesday the sale of a majority stake in the troubled state-owned flag carrier JAT Airways. JAT’s property is valued at 162.64 million euros ($256.09 million) and its current debt is 247.39 euros ($389.54) million, according to an international tender. Buyers have until July 31 to submit bids. The tender, announced in Belgrade’s Politika daily, […]
Serbia’s government announced Tuesday the sale of a majority stake in the troubled state-owned flag carrier JAT Airways. JAT’s property is valued at 162.64 million euros ($256.09 million) and its current debt is 247.39 euros ($389.54) million, according to an international tender. Buyers have until July 31 to submit bids. The tender, announced in Belgrade’s Politika daily, […]
July 29, 2008 on 6:06 am | In Economy, News in English | No Comments
BELGRADE — UniCredit Group has estimated that the average growth rate of the Serbian GDP by 2010 will amount to 6.2 percent. This projection is above the average figures for the region of southeastern Europe. Economists with UniCredit expect a relatively high growth rate of the GDP regionally, with 6.8 percent in Romania, 6.2 percent in Serbia, […]
BELGRADE — UniCredit Group has estimated that the average growth rate of the Serbian GDP by 2010 will amount to 6.2 percent. This projection is above the average figures for the region of southeastern Europe. Economists with UniCredit expect a relatively high growth rate of the GDP regionally, with 6.8 percent in Romania, 6.2 percent in Serbia, […]
July 28, 2008 on 3:35 pm | In Economy, In Focus, Kosovo & Metohija, News in English | No Comments
July 25, 2008 | Franz-Lothar Altmann Kosovo seems to capture a specific position in the integration policy of the EU. The policy of the European Union (EU) of integrating the countries of the Western Balkans started in 1999 after the end of the Kosovo War with the launching of both, the Stability Pact […]
July 25, 2008 | Franz-Lothar Altmann Kosovo seems to capture a specific position in the integration policy of the EU. The policy of the European Union (EU) of integrating the countries of the Western Balkans started in 1999 after the end of the Kosovo War with the launching of both, the Stability Pact […]
July 23, 2008 on 5:56 am | In Economy, News in English, Republic of Srpska | No Comments
BRUSSELS, July 22 (Reuters) - The European Commission said on Tuesday it wants to start implementing the trade benefits of a new agreement with Serbia following the arrest of top Bosnian Serb war crimes suspect, Radovan Karadzic. “While recognising that it is the (EU) Council’s right to decide, from the Commission’s point of view, we should […]
BRUSSELS, July 22 (Reuters) - The European Commission said on Tuesday it wants to start implementing the trade benefits of a new agreement with Serbia following the arrest of top Bosnian Serb war crimes suspect, Radovan Karadzic. “While recognising that it is the (EU) Council’s right to decide, from the Commission’s point of view, we should […]
July 21, 2008 on 6:22 am | In Economy, News in English | No Comments
KRAGUJEVAC — The Zastava Cars Union says it supports the company’s privatization, but warns of negative consequences. In this context, this workers’ organization’s president, Zoran Mihajlović, told journalists in Kragujevac that city’s mayor Veroljub Stevanović told him he is “certain a draft contract between Zastava and Fiat will be signed on July 31″. But the actual contract, […]
KRAGUJEVAC — The Zastava Cars Union says it supports the company’s privatization, but warns of negative consequences. In this context, this workers’ organization’s president, Zoran Mihajlović, told journalists in Kragujevac that city’s mayor Veroljub Stevanović told him he is “certain a draft contract between Zastava and Fiat will be signed on July 31″. But the actual contract, […]
July 18, 2008 on 4:21 am | In Economy, News in English | No Comments
BELGRADE, July 17 (Reuters) - Serbia plans to cut the minimum price in the sale of flag carrier JAT due to high global fuel prices, Deputy Prime Minister Mladjan Dinkic said on Thursday. The government initially priced the airline at 150 million euros and said it would sell a 51 percent stake in a tender expected […]
BELGRADE, July 17 (Reuters) - Serbia plans to cut the minimum price in the sale of flag carrier JAT due to high global fuel prices, Deputy Prime Minister Mladjan Dinkic said on Thursday. The government initially priced the airline at 150 million euros and said it would sell a 51 percent stake in a tender expected […]
July 17, 2008 on 6:14 am | In Economy, News in English | No Comments
Serbian Deputy Prime Minister and Minister of Economy and Regional Development Mladjan Dinkic said today that the National Council for Infrastructure made a unanimous decision to declare null and void the contract on concessions for construction of the Horgos-Pozega motorway. Dinkic told the Tanjug news agency that this Council also decided that Serbia will finance the […]
Serbian Deputy Prime Minister and Minister of Economy and Regional Development Mladjan Dinkic said today that the National Council for Infrastructure made a unanimous decision to declare null and void the contract on concessions for construction of the Horgos-Pozega motorway. Dinkic told the Tanjug news agency that this Council also decided that Serbia will finance the […]
July 16, 2008 on 4:41 am | In Economy, Kosovo & Metohija, News in English | 1 Comment
BELGRADE — Parliament is today debating the resolution on Kosovo, the SAA, and the Russian energy deal. At today’s session, MPs will debate a draft resolution on continuing the state policy on Kosovo submitted by the government. The government proposed that the resolution on Kosovo be considered and adopted urgently, so that parliament could express its views […]
BELGRADE — Parliament is today debating the resolution on Kosovo, the SAA, and the Russian energy deal. At today’s session, MPs will debate a draft resolution on continuing the state policy on Kosovo submitted by the government. The government proposed that the resolution on Kosovo be considered and adopted urgently, so that parliament could express its views […]
July 16, 2008 on 4:26 am | In Economy, In Focus, News in English | No Comments
BELGRADE, July 16 (Reuters) - Serbia should pull a 1.5 billion euro ($2.4 billion) highway concession deal with Austrian companies Alpine Mayreder and Porr as they are making unacceptable demands, a government advisory body said. The consortium was given the concession last year to build a highway by 2012 from the northern town of Horgos to […]
Next Page » BELGRADE, July 16 (Reuters) - Serbia should pull a 1.5 billion euro ($2.4 billion) highway concession deal with Austrian companies Alpine Mayreder and Porr as they are making unacceptable demands, a government advisory body said. The consortium was given the concession last year to build a highway by 2012 from the northern town of Horgos to […]
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