Serbia to guarantee EUR 169 mln in Srbijagas loans for gas grid expansion

Energy Trade

Serbia's government plans to issue guarantees on loans with a total value of EUR 169 million (USD 207 million) extended to state-owned monopoly Srbijagas for the expansion of the gas distribution network in the country, it said.

The government plans to issue state guarantees on loans of EUR 75 million provided by Banca Intesa, as well as EUR 28 million and EUR 66 million loans extended by OTP Banka, reported SeeNews citing documents posted on the website of Serbia's government. 

ADVERTISEMENT

Business, consumer sentiment improve in January Analysis

Business, consumer sentiment improve in January

Márki-Zay tests positive for COVID-19 Elections

Márki-Zay tests positive for COVID-19

New partner announced at act Bán & Karika Attorneys at Law Appointments

New partner announced at act Bán & Karika Attorneys at Law

Gov't Calls for technical screening of László Papp Arena City

Gov't Calls for technical screening of László Papp Arena

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.