News

Russians interested in Petrohemija – Tendering for privatization to start in February

Friday, 28. Dec 2018.

Russian giants are not giving up on Petrohemija and are the most likely partners of this complex in Pancevo, Serbia, as reported by Novosti. The daily writes that several Russian companies are interested in buying this Pancevo-based company, and the tendering procedure for the privatization will start in February 2019.

– This purchase is a part of the economic package that Vladimir Putin, the president of Russia, is bringing to Serbia in mid-January – Novosti learns unofficially.

Last year, Petrohemija had the largest net profit in Serbia. After the write-off of 47.7% of its debt and the conversion of a part of its liabilities into company shares, the profit in 2017 reached the amount of RSD 40.4 billion. As Novosti"s unnamed source says, the Russians are very interested in cooperating with Petrohemija.

The source adds that, if the Russians give up on the purchase for some reason, Serbia has plan B, counting on Chinese giants, which will be known in April, when the arrival of Chinese President Xi Jinping is expected.


Source: eKapija

14. Jun 2019.
Value of potential joint projects of Serbia and China over EUR 8 billion

12. Jun 2019.
German company ZF opens car component plant in Pancevo – Construction of scientific research center

31. Maj 2019.
Public call for statements of interest in purchasing Komercijalna Banka opens

20. Maj 2019.
IMF confirms economic growth of Serbia of 3.5%

19. Maj 2019.
German company Paschal to come to Cacak?

10. Maj 2019.
State sells its share in Jubmes Banka to Alta Pay Group at the stock exchange

08. Maj 2019.
Stamparija Borba to take over Kompanija Novosti from Milan Beko

07. Maj 2019.
Three loan agreements on projects worth USD 142 million signed with World Bank

17. Apr 2019.
Sinisa Mali opens trading at London Stock Exchange

01. Apr 2019.
Advertising of banks under close scrutiny of NBS starting April 1, 2019 - No more “fine print”

26. Mar 2019.
Komercijalna Banka realizes record high profit of EUR 71 million – Deposits higher by 11% compared t

21. Mar 2019.
NIS and MET Group to build wind park in Plandiste

21. Mar 2019.
Chinese company Jinlong soon to become majority owner of Ikarbus

18. Mar 2019.
P[amp]O Ports Dubais application for privatization of Port of Novi Sad deemed valid

15. Mar 2019.
NBS records after-tax profit of RSD 30.66 billion in 2018

15. Mar 2019.
Sberbank to sell Agrokor stake after restructuring, IPO possible

11. Mar 2019.
Jagodinska Pivara sold for RSD 50 million

25. Feb 2019.
FAM Krusevac sold to American company Valvoline for EUR 9.5 million – Local brand not to be disconti

20. Feb 2019.
EBRDs first investment in local currency bond in Serbia

18. Feb 2019.
Coca-Cola HBC begins process of acquisition of Bambi worth EUR 260 million

12. Feb 2019.
Commission for Protection of Competition authorizes purchase of Masko cable operator by Telekom Srbi

12. Feb 2019.
Consulting company selected for valuation of Lasta

10. Feb 2019.
Tanjug and Dow Jones sign agreement on cooperation

08. Feb 2019.
Vinci to present plans for Belgrade Airport on February 13

04. Feb 2019.
French Lazard to be privatization consultant for Komercijalna Banka

25. Jan 2019.
HBIS Group surpasses Fiat – Zelezara biggest exporter in 2018

21. Jan 2019.
Vinci and Terna sign agreement on works at Nikola Tesla Airport worth EUR 262 million – New runway,

18. Jan 2019.
Income of Metalac in 2018 at EUR 110 million – Results exceed plans

17. Jan 2019.
Brauerei Group Belgrade becomes owner of Valjevska Pivara

16. Jan 2019.
Putin to bring investor for Russian counterpart to Belgrade Waterfront – Investment fund Marera Prop