SOFIA (Bulgaria), March 24 (SeeNews) - A planned $400 million (370.9 million euro) investment by US-based automated teller machine (ATM) producer National Cash Register's (NCR) in Serbia over the next ten years was the most popular story filed by SeeNews over the past week.
German airport operator Fraport's plans regarding a concession contract for the airports of Serbia and Belgrade, and the latest developments in the Macedonian political crisis come next.
Following are these and more of our top stories:
ATM PRODUCER NCR TO INVEST $400 MLN IN SERBIA
US automated teller machine (ATM) producer National Cash Register's (NCR) plans to invest a total of $400 million (370.9 million euro) in Serbia in the next ten years, the company's CEO William Nuti said.
"In terms of the size of our investment, over ten years, between salaries and infrastructure, the investment will be approximately $400 million," Nuti said in an audio file posted on the Serbian government's website late on Tuesday.
Serbia signed a public-private partnership agreement with NCR on Tuesday for the launch of a campus in the country that will provide continuous learning opportunities and will lead to the opening of around 1,500 jobs by the US company in the next three years, the government said in a statement.Read more at: http://bit.ly/2mTQ3UU
HIGH INVESTOR INTEREST IN BELGRADE AIRPORT MAKES FRAPORT 'WORK MORE ON SOFIA' - CEO
Stefan Schulte, CEO of Fraport, has said the German airport operator is more interested in the tender for a concession to operate Bulgaria's Sofia airport than in the respective procedure for Belgrade airport in neighbouring Serbia, as the interest of competitors in the latter is very high.
"We have a look on Belgrade to know what is going on. The appetite on Belgrade is very high on the market," Schulte told analysts and investors on Friday during the presentation of Fraport's financial performance in 2016, according to an audio file posted on the company's website. "There are a lot of competitors who are interested in Belgrade. We work more on Sofia." http://bit.ly/2mMfsiO
MACEDONIA'S EX-PM GRUEVSKI SAYS VMRO-DPMNE WILL OFFER WAY OUT OF POLITICAL CRISIS
Macedonia's former prime minister and leader of conservative VMRO-DPMNE party, Nikola Gruevski, has said it is drafting a proposal that could resolve the political crisis in the country.
The document will be presented to the other large political parties in the next days after it receives a final approval by the executive committee of VMRO-DPMNE, Gruevski said in an interview for local broadcaster Kanal 5 on Sunday night.
"It is a political document, which will offer a way out of the current crisis, a document which doesn't favour anyone - either a political party, or an ethnic community, and which should be proposed to all political parties to accept. After it is accepted, the country will come out of the political crisis while keeping its unity," Gruevski said.http://bit.ly/2neMvh3
CROATIA'S AGROKOR SUPPLIERS ANGERED BY LACK OF COMMUNICATION OVER FINANCIAL ISSUES - GOVT
The largest suppliers of Croatia's Agrokor are angered over the lack of communication with regard to the financial issues of the privately-held concern, the government said.
Economy minister Martina Dalic and agriculture minister Tomislav Tolusic hosted a sit-down with 19 of Agrokor's suppliers on Tuesday, following reports that the suppliers were being excluded from the concern's restructuring plans.
"We listened to the problems and viewpoints of suppliers on the situation in Agrokor", Dalic said in a statement issued by the government. "We expect the board and the owner of Agrokor to come up with a solution to the difficulties in business, one which protects the interests of the employees, suppliers and partner companies".
In January, Moody's downgraded Agrokor's corporate family rating (CFR) to B3 from B2. A month later, the ratings agency changed its outlook on the company from stable to negative. Following Moody's January decision, Agrokor pulled out of a syndicated loan deal it had struck with several international lenders, which sent the price of its bonds on international markets into a downward spiral. http://bit.ly/2neVU8u
ROMANIA'S TEAMNET FILES FOR INSOLVENCY
Romania's Teamnet, which has been involved in a corruption scandal over contracts for IT services, has filed for insolvency on Monday, according to data posted on the justice ministry's website.
"At this moment we are working on a reorganization plan. We made this decision in order to be able to maintain ourselves as a business and fulfil commitments to employees, customers, partners and suppliers," Teamnet representatives said in a statement for news agency Mediafax. http://bit.ly/2odp4Ek