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General

Serbia expects EUR 3 billion from sale of Telekom Srbija

Tuesday 28 April 2015 | 14:15 CET | News
Serbian Prime Minister Aleksandar Vucic said that the sale of Telekom Srbija could bring in around EUR 3 billion, of which about 78 percent would be the state's share, reports Tanjug. He added that the money will be spent mainly on infrastructure projects and to redeem previous unfavourable short-term loans. According to Vucic, the estimate came from one of the privatisation advisors.

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Categories: General
Companies: Telekom Srbija
Countries: Serbia
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