Company in Serbia

  • Serbian Public Companies Among Central Europe’s Big Earners

    SERBIA, 2014/09/10 Although the vast majority of national-owned companies in Serbia are deficit-makers, Deloitte’s new statement showed that in terms of the majority successful companies in the country, firms in which the national holds a stake are ahead of private businesses. This year's inventory of top 500 companies from Central Europe, based on their sales revenues in 2013, includes ten companies from Serbia, two additional than the last year. With 2.29 billion euro revenues in 2013, Petroleum Industry of Serbia, NIS, which is majority owned by Russia’s Gazprom with the national holding just over a quarter of the stock, is the best-ranked and holds 63rd place in the in general 500.

  • Fiat Suspends Car Production in Serbia

    ITALY, 2014/09/10 Fiat Automobiles Serbia, the country’s major exporter, announced on Monday that it had suspended production at its plant in the town of Kragujevac because of the market slowdown, causing anxiety part around 3,000 workers who were ordered to stop working for three days. "The causes of this temporary setback are external and related to the situation in the European and world automotive markets, which is influenced by the economic crisis," the company said in a statement. It did not say at the same time as production would resume.

  • KBC sells KBC Banka to local Serb companies

    SERBIA, 2013/04/27 The KBC Group has reached an agreement with Societe Generale Srbija and Telenor Serbia on a 47-million-euro transaction for them to acquire KBC Banka, company sources made known on Friday. Telenor will acquire 100% of shares, while Societe Generale Srbija is to take over KBC Banka's activities and major deposits.
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