Serbian meat processor IM Matijevic said it has launched a buyout bid for the remaining 5.0% in local firm Ribar it does not yet own. IM Matijevic offers to pay RSD 2,500 (EUR 24) per each of the 719 targeted shares in Ribar, it said in a filing to Central Securities Depository and Clearing House. The bid is open between November 22 and December 12. Ribar provides fish spawning and rearing. The two companies are based in Serbia's northern province of Vojvodina. |
Serbia's foreign debt rose an annual 4.7% y/y to EUR 25.4bn at end-February after climbing 6.6% on the year in January, central bank data showed. In monthly terms, however, the external ... more
Swedish company Ericsson said it has signed a five-year managed services contract with Vip Mobile - the Serbian arm of Telekom Austria Group. The agreement includes field maintenance services for ... more
Norwegian telecommunications firm Telenor and France's Societe General are seen as possible buyers of the Serbian unit of Belgium's KBC Group, which has been on sale for several years now, a ... more