Serbian engineering company Energoprojekt Niskogradnja, part of blue-chip holding Energoprojekt, has signed a $39.5 million (27 million euro) deal with Uganda’s Transport and Communications Ministry. The Serbian company is to upgrade a road infrastructure in Uganda. The project, to be completed in 20 months, will be financed by the World Bank.
An official UK report showed that the British industry is suffering as 540,000 of the migrants who have come from the EU new member states returned to their countries following the global crisis. How a massive reverse migration will affect the SEE?
Oct 8, 2008
The new labour force will push up the local economies
The gross domestic product will slow its growth due to the lower level of money transfers from abroad
The returning experts will lead to unstable social security system and dissatisfaction of population
The reverse migration will raise the level of business culture to the one in the countries in western Europe
The reverse migration will not provoke major changes
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