Serbia – Media Review – November 18

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- Serbia’s largest bus maker Ikarbus, idled by a strike over wage arrears since July, has re-started production, the head of the Ikarbus trade union, Velimir Gligoric said. The factory has received an order for eight buses from local transportation company Lasta. Italian bus maker BredaMenarinibus is interested in leasing Ikarbus for two years to produce 400 buses a year.

- The European Investment Bank has approved a 200 million euro loan to Serbia for investment in science and technology, Serbia’s EU Integration Minister Bozidar Djelic said.

DANAS

- Throughout 2010, Serbia’s flag carrier JAT Airways will be paying the taxi fare to the Nikola Tesla airport of passengers with JAT tickets in a 5.0 million euro marketing ploy aimed at raising the annual number of passengers to 1.5 million, unnamed JAT sources said.

POLITIKA

- Italy’s SECI Energia is interested in building several power plants and wind farms along the Drina river, in western Serbia, State Secretary at Serbia’s Energy Ministry Nikola Rajakovic said.

BLIC

- The World Bank approved on Tuesday a $200 million loan in support of Serbia’s budget, Economy Minister Mladjan Dinkic said. The approval of the loan hinged on the International Monetary Fund’s third review of the country’s performance under its 3.0 billion euro funding arrangement with the global lender, Dinkic added.

($=0.668 euro)