Latest Business News from Serbia
26 Dec 07
Belgrade _ The Russian government has offered Serbia €1 billion for a majority stake in the country's oil and gas monopoly, in exchange for the development of a part of the strategic Blue Stream gas pipeline, Belgrade’s Blic daily said Wednesday.
26 Dec 07
Belgrade _ Serbia plans to list several state-operated companies on the Belgrade Stock Exchange in 2008, according to media reports.
21 Dec 07
Vranje _ Former employees of SIMPO, Serbia’s major furniture producer and department store chain, have blocked the company’s accounts to collect a total of €13.5 million in long-overdue salaries.
21 Dec 07
Belgrade _ Serbia has signed a €164 million deal to export weapons and military equipment to Iraq, a statement from the Defence Ministry said on Friday.
20 Dec 07
Skopje _ The heads of the Macedonian, Serbian, Croatian and Slovenian stock exchanges have signed a partnership agreement to help them attract more foreign investors to the Balkan region.
20 Dec 07
Belgrade _ In 2008 Serbia will likely have a 39% drop in its wheat crop, due to less sowing, and as a result, will have to bring in imports, according to forecasts.
19 Dec 07
Kraljevo _ Serbia’s state-run Privatization Agency on Wednesday cancelled the sale of the Magnohrom company to Britain’s Global Steel Holdings Ltd. and said it would fine the British company for failing to adhere to its 2006 contract.
19 Dec 07
Novi Sad _ In 2008 Serbia could pocket at least $6 billion (€4.2 billion) in direct foreign investment despite uncertainty over the long-term status of the breakaway Kosovo province, Serbia’s economy minister said late on Tuesday.
14 Dec 07
Belgrade _ Serbia wants to return all used fuel rods from its now-defunct nuclear reactor to Russia for reprocessing by 2010, a government official announced Friday.
14 Dec 07
Belgrade _ Serbia’s Privatization Agency has started talks with Austria’s A-Tec Industries AG over the purchase of the RTB Bor, the country’s largest copper mining and smelting complex.
14 Dec 07
Belgrade _ The World Bank has welcomed Serbia’s recent initialling of a key agreement with the European Union, and acknowledged the country’s progress since it joined the World Bank Group in 2001.
14 Dec 07
Belgrade _ Serbia's parliament concluded its debate on the 2008 draft budget late Thursday without opposition backing for the document that envisages a deficit.
13 Dec 07
Novi Pazar _ The municipality of Novi Pazar announced on Thursday it would lodge a complaint to Serbia’s state-run Privatization Agency over the sale of a local transport company to an Israeli-based investor.
13 Dec 07
Belgrade _ Serbia's Energoprojekt Holding has launched a tender for a minimum 51% of stake in its Energoprojekt Garant insurance branch, Belgrade's Ekonomist newspaper said Thursday.
12 Dec 07
Belgrade _ Serbia and Russia are to sign a key agreement on the development of the Serbian stretch of the Blue Stream gas pipeline, media in Belgrade reported Wednesday.