Etihad “likely” to take over Jat Airways in July. United Arab Emirates national carrier Etihad Airways should make an offer to the Serbian government at the end of next week to buy a 49% stake in Jat Airways. If everything goes according to plan, it is expected that Etihad takes over the Serbian national airline. Read more…
Nikolic visits Olympic Park in Sochi. Serbian President Tomislav Nikolic started his working visit to the Russian Federation by touring the works on the Olympic Park in the Black Sea resort of Sochi Friday. Involved in the construction of the Olympic Park, which will be home to the 2014 Winter Olympics, are also numerous construction. Read more…
EU Parliament votes against Bosnia sanctions. European lawmakers voted against a proposal to suspend Bosnia from the Council of Europe and from an EU funds and trade agreement because of its lack of progress on reforms. The European Parliament voted on Thursday not to sanction Bosnia over its failure to implement the crucial Sejdic and. Read more…
Sava Group with better performance. Conglomerate Sava reduced net loss to EUR 800,000 in the first quarter from EUR 5.8m in the same period a year ago, while the core company increased net profit to EUR 23.4m from EUR 2.4m, the company said on Thursday. Profit at the core company is mainly attributed to the. Read more…
PM Gruevski addresses Astana Economic Forum. Macedonia has managed to build a solid system of fiscal, monetary and financial policies, which have given significant room for maneuvering in coping with negative spillover of the global crisis, said Prime Minister Nikola Gruevski in his address at the 6. Astana Economic Forum 2013. PM Gruevski said the. Read more…
Montenegro, Albania, Croatia, Bosnia and Herzegovina sign a memorandum on cooperation in the construction of gas pipelines TAP and IAP to receive gas from Azerbaijan. The parties undertook to promote the development, financing and implementation of projects for the construction of gas pipelines, as well as domestic markets prepare to receive gas from Azerbaijan and. Read more…
Unions urge for the privatization of “3.maj” shipyard. Unions of the 3. maj Shipyard in Rijeka have urged the Croatian government to speed up the privatization and to agree new business deals. In an open letter to the Prime Minister Zoran Milanovic the unions warn him about his earlier words to keep the business going. Read more…
Bulgaria Govt allocates BGN 3 M to tourism promotional campaign. Bulgaria’s caretaker government has granted a total of BGN 3 M to the Ministry of Economy, Energy and Tourism (MIET) for the implementation of the annual program for national tourism advertisement. The money will be spent on Bulgaria’s participation in more than 40 international tourism. Read more…