We wish to inform you that Secretariat for Development Projects, Government of Montenegro, on the basis of Decree on Fostering Direct Investments, has published Public Announcement for participation in the procedure of awarding funds for fostering direct investments on July 1st, 2015, with term of submitting applications until September 1st, 2015.
“Schneider Electric” is planning to invest more tenths million euros in the next three years in development of products in their Developmental center for software in Novi Sad, Dragoljub Damljanovic, the head of “Schneider Electric” for Serbia and Montenegro said for eKapija.
BELGRADE – Serbia is on a good path in reform implementation and has laid good foundations for long-term development, experts of the European Bank for Reconstruction and Development (EBRD) – which predicts a minimal 0.5 percent economic growth for Serbia in 2015 – said on Wednesday.
On December 30th 2014, the new Energy Law came into force in the Republic of Serbia. As a consequence, the definition of small buyers of electricity has been amended so, in order to be considered as small buyers, a legal entity or entrepreneur shall have the total annual income of up to 10 million EUR in RSD, all of their facilities shall be connected to the distribution system less than 1 kV, and their total electricity consumption in the previous year shall be less than 30.000,00 kWh. All of those who do not comply with the requirements of the new provisions shall loose the right to guaranteed supply as from July 1st 2015. The households and small buyers are guaranteed supply under the reasonable, transparent and non-discriminatory prices. Pursuant to the new Energy Law, regulated price of electricity may be cancelled depending on the regulator’s report which is to be published not later than by May 1st 2017.
We would like to inform you that the Embassy of Canada, the Chamber of Commerce and Industry of Serbia and the CANSEE Canadian-Serbian Business Association are organizing a presentation followed by a discussion on Enabling Mining Legislation at the Chamber of Commerce and Industry of Serbia on Monday, March 23 at 13:00h.
