Serbia, Italy set up Business Council

Serbia and Italy set up a Business Council, which is aimed at promoting relations among companies and entrepreneurs of the two countries, in Belgrade today.

Izvor: Tanjug

Monday, 26.04.2010.

14:11

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Serbia and Italy set up a Business Council, which is aimed at promoting relations among companies and entrepreneurs of the two countries, in Belgrade today. Deputy Prime Minister and Minister of Economy and Regional Development Mladjan Dinkic and Italian Minister for Economic Development Claudio Scajola signed a joint declaration on founding of the Business Council. Serbia, Italy set up Business Council Dinkic evaluated that the founding of the Council, such as those Italy had already set up with France and Germany, confirms the importance of the economic cooperation between the two countries, underscoring that Serbia's exports had marked a 13-percent growth since the beginning of the year and that the major part of those commodities was exported to Italy. He recalled that Italy had started important business projects in Serbia, such as the arrival of Fiat, announcing that talks will soon start with Italy's producer of car components Magneti Marelli on setting up capacities in Kragujevac. Dinkic recalled that a feasibility study for the reconstruction of the Belgrade-Bar railway, developed in cooperation with Italy's Italfer, will be completed by the end of this fall. He announced that a summit of producers of car parts, sponsored by Fiat and the Serbian government, will be held in Serbia on May 25. The minister recalled that there are about 250 Italian companies operating in different sectors in Serbia. Minister Scajola said that Italy wants to intensify political relations with Serbia and help Serbia get accepted in the European Union sooner. Scajola underlined that Italian entrepreneurs are very much satisfied with their business results in Serbia, announcing “a bigger investment impulse” in the coming period. Dinkic, Scajola in Belgrade today (Beta)

Serbia, Italy set up Business Council

Dinkić evaluated that the founding of the Council, such as those Italy had already set up with France and Germany, confirms the importance of the economic cooperation between the two countries, underscoring that Serbia's exports had marked a 13-percent growth since the beginning of the year and that the major part of those commodities was exported to Italy.

He recalled that Italy had started important business projects in Serbia, such as the arrival of Fiat, announcing that talks will soon start with Italy's producer of car components Magneti Marelli on setting up capacities in Kragujevac.

Dinkić recalled that a feasibility study for the reconstruction of the Belgrade-Bar railway, developed in cooperation with Italy's Italfer, will be completed by the end of this fall.

He announced that a summit of producers of car parts, sponsored by Fiat and the Serbian government, will be held in Serbia on May 25.

The minister recalled that there are about 250 Italian companies operating in different sectors in Serbia.

Minister Scajola said that Italy wants to intensify political relations with Serbia and help Serbia get accepted in the European Union sooner.

Scajola underlined that Italian entrepreneurs are very much satisfied with their business results in Serbia, announcing “a bigger investment impulse” in the coming period.

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