At least 14 people have been confirmed dead after the roof of a railway station collapsed in Novi Sad, Serbia, on Friday, marking one of the most tragic infrastructure accidents in recent years. The collapse happened unexpectedly, leaving both locals and emergency responders in shock. As the death toll rises, Serbia is reeling from the […]
e& and PPF Group (PPF) have finalised a landmark partnership, granting e& a controlling stake (50% plus one economic share) in PPF Telecom Group’s service and infrastructure operations across Bulgaria, Hungary, Serbia, and Slovakia. This acquisition expands e&’s global reach to 38 countries, marking a pivotal moment in its growth strategy, with a particular focus […]
In a landmark development in international defense relations, Serbia has signed a significant contract with France to purchase 12 Dassault Rafale fighter jets. The high-profile agreement was formalized in Belgrade in the presence of President Emmanuel Macron of France and President Aleksandar Vučić of Serbia. Éric Trappier, Chairman and CEO of Dassault Aviation, and Bratislav […]
Indian shooters Manu Bhaker and Sarabjot Singh have etched their names into Olympic history by clinching the bronze medal in the 10m air pistol mixed team event at the Paris 2024 Olympics. This victory marks India’s sixth Olympic medal in shooting and the nation’s first-ever medal in a shooting team event. Moreover, Manu Bhaker has […]
Eurobank S.A., under its parent company Eurobank Ergasias Services and Holdings S.A., has officially concluded the sale of Eurobank Direktna, its Serbian subsidiary, to AIK Banka a.d. Beograd. This significant transaction, finalized on November 2, 2023, followed the acquisition of all necessary regulatory approvals. The financial contours of the deal place the cash consideration for […]
Flutter Entertainment plc (“Flutter”) has sealed a game-changing deal by acquiring an initial 51% stake in MaxBet, Serbia’s second-largest omni-channel sports betting and gaming operator, in exchange for €141 million (£123 million) in cash. The icing on the cake is that Flutter retains the option to acquire the remaining 49% in 2029, securing a strategic […]
In a significant development for its oncology portfolio in South Eastern Europe, Venus Remedies Ltd has been granted marketing authorization from Serbia for chemotherapy drugs gemcitabine and docetaxel. This approval takes the company’s total marketing authorizations for oncology products to 511 across 66 countries. It marks another crucial step toward Venus Remedies’ ambition of becoming […]
Emerging victorious in a gripping five-set battle, the world’s top-ranked tennis player, Carlos Alcaraz Garfia, has won his first-ever grass court Grand Slam title at Wimbledon 2023, creating shockwaves in the world of tennis. This monumental win came after an intense match against Grand Slam titan, Novak Djokovic, crowning the 20-year-old Spanish tennis player Carlos […]
India-based Sona BLW Precision Forgings has agreed to acquire at least a 54% stake in Serbia-based NOVELIC d.o.o. Beograd – Zvezdara for €40.5 million in cash. NOVELIC is a provider of mmWave radar sensors, perception solutions, and full-stack embedded systems. The company’s portfolio of mmWave radar solutions and perception solutions enable off-the-shelf and custom product […]