Tag Archives: SERBIA

EBRD Bolsters Serbian Automotive Lighting with €15 Million Loan for Energy-Efficient Expansion

(IN BRIEF) Feka Automotive, a prominent Serbian automotive lighting producer with ties to major global car manufacturers, including Toyota and Volkswagen, is set to undergo a significant expansion with the support of a €15 million loan from the European Bank … Read the full press release

CEB Approves €1.3 Billion in Loans Across Europe for Social Sector Investments

(IN BRIEF) The Council of Europe Development Bank (CEB) has approved 11 new loans totaling €1.3 billion across various countries and sectors. These loans aim to address critical social issues such as microfinance, healthcare, education, and post-disaster reconstruction. Among the … Read the full press release

EBRD Partners with NLB Komercijalna Banka to Boost Financing for Serbian SMEs

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a collaboration with NLB Komercijalna Banka (NLBKBB) in Serbia, providing a €15 million loan to support local small and medium-sized enterprises (SMEs). NLBKBB will utilize the loan to … Read the full press release

VINCI Airports Celebrates Success with Three Award-Winning Airports

(IN BRIEF) VINCI Airports, the leading private airport operator globally, celebrates the recognition of three airports in its network – Belgrade, Porto, and Guanacaste – named among the best airports worldwide by the Airport Council International (ACI). These awards acknowledge … Read the full press release

Serbian Plastic Manufacturer Achieves 50-Year Milestone Amidst Growing Sustainability Efforts

(IN BRIEF) MNG Plastik Gogić, a family-owned plastic manufacturing company based in Indjija, Serbia, celebrates over 50 years of successful business operations. Specializing in plastic waste containers, bins, and stadium seats, the company exports to over 60 countries worldwide. With … Read the full press release

EBRD Hosts Western Balkans Investment Summit, Spotlighting Regional Potential

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) convened the Western Balkans Investment Summit 2024 in London, welcoming the heads of government from Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia. The summit aimed to showcase … Read the full press release

EBRD Achieves Record Investment of €846 Million in Serbia, Prioritizing Green Transition and Economic Growth

(IN BRIEF) In 2023, the European Bank for Reconstruction and Development (EBRD) marked a historic investment of €846 million in Serbia, a significant increase from the previous year and surpassing the previous record of €679 million in 2020. The EBRD’s … Read the full press release

EBRD Joins Actis-Led Consortium to Acquire Telekom Srbija’s Mobile Towers in Western Balkans

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has partnered with an international consortium led by Actis, a global sustainable infrastructure investor, to acquire approximately 1,800 mobile towers from Serbian state-owned telecoms operator Telekom Srbija across Bosnia and … Read the full press release

UniCredit Achieves Top Employer Certifications Across Europe for Eighth Consecutive Year

(IN BRIEF) UniCredit has received certification from the Top Employers Institute for the eighth consecutive year, highlighting its commitment to employee well-being and excellence in HR policies. The European-level Top Employer Certification was awarded based on local certifications in Bulgaria, … Read the full press release

Kapsch TrafficCom Successfully Launches First Phase of Serbia’s Moravski Corridor Tolling Project

(IN BRIEF) Kapsch TrafficCom has achieved a milestone with the successful opening of the initial phase of the Moravski corridor and Ruma-Šabac highway tolling project in Serbia. The completed first stage, linking Ruma and Šabac near Belgrade, was executed in … Read the full press release

EIB’s Financing Initiatives in the Western Balkans Drive Job Growth and Investment, New Study Reveals

(IN BRIEF) A recent study, titled “The impact of the EIB’s intermediated lending to businesses in the Western Balkans,” assesses the effect of the European Investment Bank’s (EIB) intermediated lending on small and medium-sized enterprises (SMEs) in Bosnia and Herzegovina, … Read the full press release

EIB and Banca Intesa Beograd Join Forces to Boost Green Investments and SME Growth in Serbia

(IN BRIEF) In a significant move, the European Investment Bank’s (EIB) global arm, EIB Global, and Banca Intesa Beograd have signed a €100 million credit line aimed at supporting small and medium enterprises (SMEs) and mid-caps in Serbia. This initiative … Read the full press release

CTP Leases 20,000 sqm to Mercata VT for Expansion in CTPark Belgrade City

(IN BRIEF) CTP, the largest listed developer, owner, and manager of industrial and logistics properties in Europe by gross lettable area (GLA), has leased approximately 20,000 sqm of industrial and warehouse space at CTPark Belgrade City to Mercata VT, a … Read the full press release

Serbia Inaugurates First Section of ‘Peace Highway’ Linking Niš and Merdare with EU Support

(IN BRIEF) The first 5.5 km section of the Niš-Merdare highway, also known as the “Peace Highway,” was inaugurated in Serbia. The project, a flagship under the Economic and Investment Plan, aims to halve travel time between Niš and Merdare, … Read the full press release

Schneider Electric to Upgrade Serbia’s Electrical Distribution Network for Improved Reliability and Reduced Losses

(IN BRIEF) Schneider Electric has signed a contract to supply medium voltage equipment and grid management software for the upgrade of Serbia’s electrical distribution network. The project aims to improve network reliability, reduce power outages, and decrease technical and non-technical … Read the full press release

International Investor Mutares Acquires Arriva Group’s Assets in Denmark and Serbia

(IN BRIEF) Arriva Group has successfully sold its businesses in Denmark and Serbia to Mutares SE & Co. KGaA, an international financial investor. This sale is in line with Arriva Group’s strategy to focus on its core markets in the … Read the full press release

Serbian SME Papir Print converts waste gases to energy and installs solar panels with EBRD and EU support

(IN BRIEF) Serbian company Papir Print has invested in a thermal oxidation plant that converts waste gases into heating and cooling energy, as well as a rooftop solar power plant, with the support of the EBRD and the EU. The … Read the full press release

European Investment Bank funds new BioSense Institute building in Novi Sad for scientific research and startups

(IN BRIEF) The BioSense Institute in Novi Sad has opened a new building offering modern facilities for scientific research and business ventures in the fields of agriculture and biotechnology. The €34 million project was financed by €14 million in EU … Read the full press release

EBRD provides €100m financing package to support SME development in Serbia through Banca Intesa Belgrade

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €100m loan to Banca Intesa Belgrade to support small and medium-sized enterprises (SMEs) in Serbia. The loan will be on-lent to local businesses and improve their access … Read the full press release

KfW Development Bank finanzierà la costruzione di impianti di trattamento delle acque reflue e reti fognarie in due grandi comuni della Serbia

(COMUNICATO STAMPA) FRANKFURT, 22-Mar-2022 — /EuropaWire/ — KfW Development Bank (KfW Entwicklungsbank GmbH), società statale tedesca banca di investimento e sviluppo, nonché una delle principali banche di promozione del mondo, ha annunciato che finanzierà la costruzione di impianti di trattamento … Read the full press release

KfW Development Bank to finance the construction of wastewater treatment plants and sewage networks in two large municipalities in Serbia

(PRESS RELEASE) FRANKFURT, 22-Mar-2022 — /EuropaWire/ — KfW Development Bank (KfW Entwicklungsbank GmbH), a German state-owned investment and development bank as well as one of the world’s leading promotional banks, has announced that it will finance the construction of wastewater … Read the full press release

EBRD finances Sojaprotein’s expansion and supports Serbia’s agribusiness potential with €25 million loan

EBRD loan of €25 million to Serbia’s Sojaprotein Company to expand production to meet increasing demand from international customers Promoting Serbia’s huge potential in agribusiness (PRESS RELEASE) LONDON, 30-Oct-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) … Read the full press release

The Portuguese painter Santiago Ribeiro exhibits in the International Exhibition “Visionary Art Trip” in Serbia

(PRESS RELEASE) BELGRADE, 29-Apr-2019 — /EuropaWire/ — This is the second time that the artist presents his work in the city of Belgrade in Serbia having been the first in the year 2012. The show, which will take place in the … Read the full press release

CERN community marks Serbia’s accession as its 23rd Member State

(PRESS RELEASE) MEYRIN, 24-Apr-2019 — /EuropaWire/ — As CERN’s 23rd Member State, The Serbian flag was raised ( 23rd of April)  at a ceremony on the Esplanade des Particules. The ceremony was attended by Ana Brnabić, the Prime Minister of … Read the full press release

Serbia agrees to CERN Convention and becomes the Organization’s 23rd Member State

(PRESS RELEASE) GENEVA, 25-Mar-2019 — /EuropaWire/ — CERN has just received formal notification from UNESCO about Serbia having agreed to the CERN Convention. As a result, the country has become CERN’s 23rd Member State. The other Member States are: Austria, Belgium, … Read the full press release

EBRD loans EUR 5.1 million to UniCredit in Serbia for boosting energy efficiency

UniCredit Bank Serbia receives Din 600 million loan for boosting energy efficiency. Programme to support investments in private homes to improve energy performance and generate savings. Finance provided under EBRD €85 million Green Economy Financing Facility for the Western Balkans. … Read the full press release

Henkel invested 20 million euros in new factory for Somat tabs for dishwashing machines with disposable foil in Kruševac, Serbia

Innovative technology will enable launch of dishwasher tabs with disposable foil Kruševac, Serbia, 24-Apr-2018 — /EuropaWire/ — Henkel has opened a new Somat factory in Kruševac, an investment worth 20 million euros. In this factory, an innovative technology will be … Read the full press release

Council of Europe Development Bank (CEB) and Republic of Serbia signed Serbian Country Housing Project Framework Agreement under Regional Housing Programme (RHP)

Belgrade, Serbia, 25-10-2013 — /EuropaWire/ — Serbia’s Deputy Prime Minister and Minister of Labour, Employment and Social Policy, Dr Jovan Krkobabic, and the Vice-Governor of the Council of Europe Development Bank (CEB), Mr Mikołaj Dowgielewicz, signed today in Belgrade the Framework Agreement for the Serbian Country … Read the full press release

Stabilisation and Association Agreement (SAA) between the European Union and Serbia enters into force

02-9-2013 — /EuropaWire/ — Serbia is making one more step forward on its way to the EU membership. On 1 September the Stabilisation and Association Agreement (SAA) between the European Union and Serbia enters into force, bringing concrete benefits in trade relations … Read the full press release

EBRD invests €50 million in Serbian company MK Group, part of Agri Europe

€50 million investment to support expansion of major market player 9-7-2013 — /europawire.eu/ — The EBRD is investing €50 million to increase capital of MK Group, as part of Agri Europe holding company, by subscribing to newly issued shares. The funds … Read the full press release

EBRD launched €75M Western Balkans Sustainable Energy Financing Facility II (WeBSEFF II)

Raiffeisen Bank BiH becomes first borrower under new facility 4-7-2013 — /europawire.eu/ — The European Bank for Reconstruction and Development (EBRD) is launching the €75 million Western Balkans Sustainable Energy Financing Facility II (WeBSEFF II) to improve energy supply in the … Read the full press release

OSCE-facilitated conference on simplified forms of criminal procedure in Belgrade, Serbia

BELGRADE, 24-6-2013 — /europawire.eu/ — An OSCE-facilitated regional conference on the simplified forms of criminal procedure, which started today in Belgrade brought together some 130 participants. The two-day event, organized by the OSCE Mission, aimed to promote sharing of experience and … Read the full press release

EBRD, Crédit Agricole Bank Novi Sad to provide €7m funded risk sharing for agribusiness companies in Serbia

12-6-2013 — /europawire.eu/ — The EBRD is stepping up its efforts to support private agribusiness companies in Serbia by providing up to €7mn funded risk sharing participation with Crédit Agricole Bank a.d. Novi Sad under the Warehouse Financing Framework for Serbia. … Read the full press release

Commissioner Štefan Füle on the results of the Belgrade-Pristina Dialogue

Brussels, 22-4-2013 — /europawire.eu/ — This is an historic day for Serbia-Kosovo* relations, for the entire Western Balkans region and for the European Union. I want to congratulate both Prime Ministers and their teams. This ground breaking agreement would not have been … Read the full press release

EBRD invests €3.6m in Croatian producer of pharmaceutical packaging Piramida

The producer of pharmaceutical packaging plans expansion 22-4-2013 — /europawire.eu/ — The EBRD is investing €3.6 million to strengthen the Croatian pharmaceutical packaging producer Piramida d.o.o. and in plans to expand the company’s production. While €2.7 million will be used for … Read the full press release

Statement by the President of the European Council Herman Van Rompuy on the agreement between Serbia and Kosovo

Statement by the President of the European Council Herman Van Rompuy, on the occasion of the agreement within the facilitated dialogue on the ormalisation of relations between Serbia and Kosovo Brussels, 19-4-2013 — /europawire.eu/ — I congratulate the Prime Minister of Serbia Ivica … Read the full press release

Serbia: good work in improving the judiciary

Brussels, 23-11-2012 — /europawire.eu/ — The Commissioner for Enlargement and European Neighbourhood Policy Štefan Füle met in Brussels today Serbian Minister of Justice and Public Administration, Nikola Selaković, to discuss Serbia’s Justice and Public Administration progress towards EU integration. “As a candidate country, … Read the full press release