Novi Sad requires another €4m for completion of "Master center", announcement of loan from Novosadska banka

Another €4m are needed for completion of exhibit-congress and business-trade "Master center".

The management of the Novi Sad Fair has almost ended negotiations about sale of €1m worth of office space in "Master center", whereas about €1.3m will be provided from the credit approved by Novosadska banka/Erste bank.

The remaining part of the missing money will be provided through compensation and participation of City of Novi Sad through procurement of office space and organization of surroundings of "Master center".

Completion of works on "Master center" is expected in March 2006.