Wednesday, January 21, 2009

Italian companies interested in investing in Serbia

Belgrade, Jan 21, 2009 – Minister of Trade and Services Slobodan Milosavljevic said today after the Business Forum in Rome that Italian companies are interested in closer cooperation and investment in Serbia.

The event, organised in the Serbian Embassy in Rome, marking 130 years of diplomatic relations between Serbia and Italy, presented economic potential for cooperation.
He said that despite the crisis, Italian companies are ready to increase investment in Serbia, adding that Fiat is not giving up plans to produce vehicles in Kragujevac.
Italy is among Serbia’s most important foreign trade partners, he said, noting that Italian companies invested nearly $680 million in Serbia from 2000 until September 2008.
Milosavljevic said Italian partners are particularly interested in energy, traffic infrastructure, wood processing, agriculture, textile and footwear.
The event was organised by the Serbian Embassy in Rome and the Mediterranean Union’s Centre for Strategic Studies.
The main topics were foreign policy and Serbia’s European future, as well as economic and cultural cooperation and political and military issues.

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