News

18/06/2013 | Jat, Etihad ink memorandum of possible partnership

BELGRADE - The national air carrier of the United Arab Emirates Etihad Airways, the Serbian government and the Serbian airline Jat Airways signed in Belgrade on Monday an initial memorandum of understanding based on which a possible investment in Jat Airways will be investigated. It is early for the final announcement, but we are looking forward to future and investigation of ...

02/06/2013 | German Continental opens factory in Subotica

SUBOTICA - A factory of ContiTech Fluid Serbia, a part of the German concern Continental, was declared open in the presence of Serbian Finance Minister Mladjan Dinkic in Subotica on Saturday. The annual production volume amounts to 1.8 million units, and the number of workers is expected to increase to 250 by the year's end. Dinkic said that “in this difficult ...

09/04/2013 | Contracts on takeover of RBV signed

Radoman said that the signing means that a technical part of job relating to the takeover of the RBV is done. The Postal Savings Bank will take possession of around RSD 17.5 billion of the RBV's overall deposits (EUR= RSD 111). Due to the lack of quality assets, around RSD 6.3 billion will be covered by new bonds of the Province of Vojvodina (78 percent), and the Republic of ...

12/02/2013 | Economists explain lower deficit and public debt

BELGRADE - While the two-times lower than planned deficit in January was positive, it should not be used as an indicator for the entire year, economists say. Associate of the Belgrade Economics Institute Ivan Nikolić noted that the January developments are encouraging but that they should not be seen as an announcement of budget deficit oscillations for the entire year, as the data for ...

06/02/2013 | Biggest export to Germany, import from Russia

After Germany, its main export markets were Italy (USD 1.2 billion), Bosnia-Herzegovina (USD 1.08 billion), Romania (USD 935.9 million) and the Russian Federation (USD 867.1 million). Serbia imported most from Russia, followed by Germany (USD 2.07 billion), Italy (USD 1.84 billion), China (USD 1.39 billion), and Hungary (USD 936.9 million). Trade with EU member countries ...