Last year, Serbia became the world leader in the increase of the production of crude steel with a growth rate of 38.9 per cent, according to the World Steel Association data. Serbia produced 1.8 million tons of raw steel during the 11 months of 2018
In 2018, the Komercijalna banka (Commercial Bank) in Serbia achieved the best results in the past ten years, as it expects a profit of about RSD8.3 bn (over EUR70m). The bank has reversed the trend of declining market share.
INA and First Gas Company (PPD) signed an agreement with Croatian Center for Restructuring and Sales (CERP) to recapitalize Kutinska Petrokemija, a leading Croatian petrochemical company
According to the experts, the mass privatization of state-owned enterprises that has been launched in Ukraine, will not fulfill the hopes for a revival of the Ukrainian economy. Meanwhile, such a revival is badly needed.
USA considers measures against Nord Stream 2
Slovenia: EBRD acquired 6.25 per cent stake in the largest bank
Bulgaria with EUR14m of EU funds frozen
The IMF revises 2018 GDP growth forecast for Poland
The European Commission approved a Slovenian proposal for the sale of Nova Ljubljanska Banka (NLB), which stipulates that by the end of this year the state will sell at least 50 per cent of the stake in the bank.
Serbia is trying to find a strategic investor for its mining company. So far the Serbian state was not able to successfully privatize the company.
Hungary: 2019 budget approved
German investor to acquire Castello Montenegro
Shipbuilding, because of the size and complexity, is a significant part of the Croatian industry, especially small and medium-sized enterprises which are directly related to shipbuilding as subcontractors.