back   22.05.2005     Mlađan Dinkić promised €15m to citizens of Kragujevac for assembling of Fiat "punto" if study confirms justification of project Minister of Finance of Serbia, Mlađan Dinkić, announced that the Government of Serbia would provide €15m for Kragujevac-based automobile factory, in which Italian automobile "Fiat punto" would be assembled. The manager of the Zastava Group, more>>   • Austrians cannot buy State-owned part of Mobtel 063 in negotiations, only on public tender Vice chancellor of Austria, Hubert Gorbah, confirmed that BK Trade had been bought, and added that the negotiations with the representatives of Government of Serbia on sale of State-owned part of Mobtel were underway. Austrian businessman Martin more>> • Erste bank, first ranked buyer for Novosadska bank, planed investments from 35 million EURO, increased number of branches... Austrian Erste bank is pleased that it has been chosen as the best offer maker for tender on sale of public shares in Novosadska bank. Offer of Erste bank, for buying out 83,28% of Novosadska bank, is valued at 73,167 million EURO. Erste bank is more>>   22.05.2006   • Government of Italy to invest additional 30m EUR in development of private entrepreneurship in Serbia - The Government of Italy has approved additional 30 million EUR for approval of loans to small and mid-sized enterprises in Serbia. The negotiations will start at the beginning of Fall 2006 - said the project manager Mira Tumara. The more>> • Financial injection of 500 million CSD for development of mountain tourism in Serbia, Stara Planina mountain - priority Minister of Trade, Tourism and Services of Serbia, Bojan Dimitrijević, said that the Government of Serbia would invest 500 million CSD in 2006 in the development of mountain tourism in nine regions in Serbia. Explaining the Government's Draft Law more>> • Simpo to have big trade center built on 70,000 square meters in Belgrade Simpo has recently bought location of 70,000 square meters next to the Zemun bus factory Ikarbus in Belgrade, on which a big trade center will be built. The trade center will work according to the principles of the Swedish company Ikea. more>> • Austrians to invest 50m EUR in construction of new exclusive hotel in Budva Austrian Investment Group "Sorovia" will have the exclusive hotel built in Budva. That hotel will later operate as part of the most famous hotel chains in the world - "Hilton". Few days ago in Vienna, company "Sorovia" signed that arrangement more>>   22.05.2007     "Delta" returned "Intercontinental" to Belgrade – 150m EUR to be invested in luxurious 13-storey hotel and 35-floor building (Future pride of Belgrade) Belgrade-based "Delta M Group" and "Intercontinental" hotel group have signed the contract on management, which implies joint management of the hotel that will be built in Block 20 in Novi Beograd. Company "Delta Real more>>   • Belgian KBC group to take over A Bank KBC Group has reached the agreement with the stockholders of A Bank. KBC will take over majority package of stocks of A Bank on the public auction. KBC has already got permit from the National Bank of Serbia and Antimonopoly Commission. Yesterday more>> • "Bank with five stars" - Eurobank EFG and National Savings Bank merged - The process of operative merger of former National Savings Bank and Eurobank EFG has been completed and Serbia has obtained the bank with five stars. These stars represent constant innovations, European values, workers' devotion, broad more>> • Contract signed on construction of dump in Gigoš – Viennese "Werner&Weber" expects 10% profit The Mayor of Jagodina, Dragan Marković – Palma, and the owner of Austrian company "Werner&Weber", Anton Schamel, signed the contract on construction of regional dump in Gigoš near Jagodina. The contract, which will cost Viennese company about more>> • World Bank approved credit of 120m EUR to Serbia for rehabilitation of Hydro-system Danube-Tisa- Danube (Danube-Tisa-Danube canal) The Minister of Trade and Services, Predrag Bubalo, stated that the World Bank had approved the credit of 120m EUR to Serbia for rehabilitation of Hydro-system Danube-Tisa-Danube and cleaning of the irrigation canal. On more>> • Italian company "Italfer" builds new "Žeželj" bridge Construction of new "Žeželj bridge" across the Danube in Novi Sad is finally certain. European Agency for Reconstruction has signed the contract on drawing of plans for future road-railway bridge with Italian company "Italfer". The planning more>>   22.05.2008     "East Point" to open five factories for production of ecological fuel in Serbia Company "Bio energy point", owned by Zoran Drakulić's "East point", intends to start production of high-calorie, ecologically clean fuel of fire-wood and sawdust in the new factory in Boljevac at the beginning of August. According to the words more>>   • "Dijamant" plans to invest 50m EUR In the past two years, ever since "Dijamant" from Zrenjanin became a part of the system of Croatian "Agrokor", over 25m EUR has been invested in equipment, installations, technology, distributive network and transport, and more than 50m EUR will more>> • Apartment-Business Center "Park City" in Novi Sad - investment worth 45m EUR In Novi Sad, in settlement Liman, construction of "Park City" complex, of which investment value is 45m EUR, has commenced. The investor is Dutch company "Vondel Capital" with the headquarters in Amsterdam, which hired company "Mace" to more>> • "Tehnicom Construction" started construction of apartment-business complex worth 30m EUR in Stara Pazova The first dredges have started to flatten the terrain on the location at surface of about 5 ha in Stara Pazova where company "Tehnicom Construction" from Belgrade plans to build sports-business center at 30,000 square meters within three years, in more>> • World's security company "Group 4 Securicor" bought 85% of stocks of Serbian security company "Progard" Global security company "Group 4 Securior" has purchased 85% of stocks of Serbian security company "Progard". The CEO of "Progard", Aleksandar Kozlica, could not announce the value of the signed sales contract at the press conference today more>>   22.05.2009     Construction of Južni Tok through Serbia to cost, at least, 700m EUR - The value of construction of gas pipeline Južni Tok through Serbia will amount to minimum 700m EUR - said Dušan Bajatović, the Director General of "Srbijagas". - The works will be financed from the loan that will be granted to the joint more>>   • "Blok 67 Associates" handed over keys to complex "Belville" for forthcoming Universiade Company "Blok 67 Associates" has handed over the keys to all facilities in New Belgrade's complex Belville to "Univerziade". The planting works in that complex are close to end. The green oasis of complex "Belville", with automatic watering more>> • Investments in NIS in 2009 - 118m EUR The investments in "Petroleum Industry of Serbia" (NIS) will reach projected amount of 118m EUR in 2009 - the representatives of the company's new management said yesterday (May 18, 2009). The Deputy Director General of NIS in charge of more>>   22.05.2010     French Sagem to open its unit in Niš after all The Mayor of Niš, Miloš Simonović, said today (May 17, 2010) that French Sagem would open its unit in that city upon the announcement of the tender for replacement of electric meters by the Electric Power Company of Serbia (EPS). - The City more>>   • Tender for selection of advisers for the sale of „Telekom“ suspended - direct negotiations with "Citigroup" Minister of Telecommunications of Serbia Jasna Matic said today that the Serbian government was to start direct negotiations with the company, "Citigroup Global Markets“, the sole bidder for the advisers in the sale of part of the state shares in more>> • Hilton to have hotel built in Podgorica - works start in February 2011 (Hilton in Dubrovnik) - The capital city of Montenegro will get a Hilton hotel in 2.5 years - it was announced today (May 19, 2010) in Podgorica. The representatives of Hilton hotel corporation and Podgorica-based Normal Tours, Ulrich Widmer and more>> • Dragan Stojkov paints portraits of 27 former presidents of National Assembly of Serbia - over RSD 4m set aside for that purpose (the National Assembly of Serbia) Academic painter Dragan Stojkov will paint 27 portraits of former presidents of the National Assembly of the Republic of Serbia. The National Assembly has set aside over RSD 4m for that purpose. more>> • Modernization and Development of „Carnex“ Company – Meat Industry Plans Investments over 10 mil EUR in 2010 Besides many difficulties emerged because of the global economic crisis, „Carnex“ Meat Industry is successfully keeping the stability of its business and is planning to invest around 10 mil EUR in various development projects by the end of this more>>   22.05.2011     Lidl finally arrives in Serbia - German chain of discount stores already found location in Novi Sad? International chains of discount stores have been avoiding Serbia for years, the reason for which may lie in the existence of monopoly, unregulated market or something else, but it seems that that will finally come to an end soon. The German more>>   • Agroziv employs all production capacities - Investment of EUR 7.5 million in bio-power plant soon Predrag Amizic, director of the poultry meat production plant Agroziv, stated today that that company had employed all capacities and production lines over the previous four months, ever since Srbijagas had become the plant's new owner. At the more>> • Salford to sell its companies in Serbia in 2012 Salford investment fund, part of which is Danube Foods Group, plans to put two dairies in Serbia up for sale in 2012, as well as companies Knjaz Milos and Bambi Banat, Danube Foods Group Director General Slobodan Petrovic announced on Monday. more>> • Al Jazeera soon in Belgrade - Arabian network implements EUR 50 million project in the Balkans Al Jazeera, a global television network, will open its TV studios in Belgrade, Zagreb, Skopje, while the TV center for the Balkans will be situated in Sarajevo. Pan-Arabian network, which has 70 bureaus all around the world, will have more>> • Belgrade's Konsing Group signs agreement with Norway's Netel AS - Construction of EUR 15 million mobile networks for operators After penetrating the market of Great Britain, Belgrade-based Konsing Group has signed an agreement on cooperation with Norway's Netel AS, worth 15 million euros, envisaging their joint participation in the replacement of equipment and more>> • Podravka takes over Bambi and Aleva for EUR 100 million? Croatia's Jutarnji List daily newspaper writes, citing the investment circles, that Podravka is getting ready to spend EUR 100 million on two acquisitions in Serbia. The Koprivnica-based company will soon submit bids for the takeover of the more>> • ALEVA: Podravka is not buying us The company Aleva has denied the speculations in Croatian media that it negotiated with Croatia's Podravka on acquisition. - Aleva is one of the largest domestic export companies, an example of excellent privatization in Serbia, and the sale of more>>   22.05.2012     Green electricity on Mokra Gora - EPS, Emir Kusturica build one biomass, two hydroelectric, two solar power plants The first polyphase hydroelectric power plant in Europe and the second of the kind in the world, after the one at Niagara Falls, was put in operation in Uzice 112 years ago. One century later, the biggest town in western Serbia is taking a new more>>   • PharmaS starts production of generic drugs in Zrenjanin - EUR 11 million investment in new factory The pharmaceutical company PharmaS announced Tuesday (15 May 2012) that it would start the production of generic drugs in few months at the new factory in Zrenjanin, in which it had invested EUR 11 million. PharmaS, owned by the Croatian more>> • Galenika's losses at EUR 120 million, Hemofarm's losses at EUR 50 million Vrsac-based Hemofar, whose owner is the German generics manufacturer Stada, ended the last year with about RSD 5.5 billion (about EUR 50 million) in losses. Even worse result was achieved by Zemun-based Galenika, owned by the Republic of Serbia, more>> • Slovenians to get incentives if they buy Pirot-based Prvi Maj - SIEPA inks agreement with Mura The company Mura and its partners will participate in a public auction for the sale of the textile company Prvi Maj in Pirot, which the Privatization Agency scheduled for June. Mura's subsidiary in Serbia signed Tuesday (15 May 2012) an more>> • Beko wins dispute against WAZ (Milan Beko) Milan Beko, a businessman from Belgrade, announced today that his companies that owned the Belgrade-based newspaper company Novosti had won the arbitration dispute against the German media company WAZ. - We are satisfied with the more>> • Germany's Leoni starts construction of third production facility in Prokuplje German car cable manufacturer Leoni started the construction of the third production facility in Prokuplje on Thursday. Rolf Reidiger, director general of the factory in Prokuplje, said that the new 1,800-square-meter facility would be built in more>>      back