News

Chinese company to invest USD 300 million in modernization of Smederevo steel mill by 2021

Wednesday, 03. Jul 2019.

Serbian President Aleksandar Vucic met with a delegation of HBIS Group headed by its president Yu Yong.

Vucic said that he was satisfied with the fact that HBIS Group had stable operations in Serbia, achieving the planned level of production in a very demanding and competitive steel market, the presidents cabinet announced.

Yu Yong said that Serbia had become the most demanded destination for foreign investments thanks to the reforms it had carried out and the constant growth of its economy. He announced that, over the next two years, the investment cycle worth USD 300 million for the modernization of the production at the Smederevo steel mill would be completed.

President Vucic confirmed the unconditional support to HBIS and said that he would continue working with the president of China on enhancing and further developing the relations of the two countries.


Source: eKapija

16. Avg 2019.
Chinese investor Eurofiber to open third factory for sock manufacturing in Cuprija

16. Avg 2019.
Ambitious project for new route over Danube in Belgrade – Bridge worth EUR 228 million by end of 20

15. Avg 2019.
Marina Dorcol land for sale – Construction of business-residential complex on land with surface are

14. Avg 2019.
Planinka buys Kursumlijska Spa – Grand opening by end of 2020, necessary investments exceed EUR 10

13. Avg 2019.
Serbia ranks first in greenfield investments on Financial Times list

11. Avg 2019.
VUCIC: EUR 12 billion for investment plan, investments to be made in utility, transport, energy dig

09. Avg 2019.
Kragujevac inviting bids for construction of public garage – Works worth EUR 3 million

08. Avg 2019.
PO Port Dubai to invest EUR 29 million in Port of Novi Sad – Opening of passenger terminal a pr

06. Avg 2019.
Komercijalna Banka selling building in Cukarica for EUR 6.5 million

06. Avg 2019.
Mercator-S selling Roda center in New Belgrade

31. Jul 2019.
Ministry of Economy to sell Equity Fund"s shares in Napredak

24. Jul 2019.
Five investors, one of whom from China, to build facilities in Zrenjanin

15. Jul 2019.
Building land up for sale in Belgrade

11. Jul 2019.
Fifteen new laws to be adopted this autumn

05. Jul 2019.
Property of Elektronska Industrija Nis up for sale

05. Jul 2019.
Company M6 EDEN SRB leaving BIP – New strategic partner being sought

27. Jun 2019.
EU negotiations Chapter 9, pertaining to financial services, opens

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