Author:
Tanjug
Dinkic told a press conference that the government’s condition for this grant was that the funds are spent on investment.
The first part of the amount equating €42 million has already been paid out, while the rest will be transferred by June 30, 2007, Dinkic said.
He noted that €33 million will be spent for the main postal centre in Serbia, while €8 million will be spent on PTT’s voluntary pension fund.
PTT Srbija Director Dragan Kovacevic announced that a 15,000 square metre hall with machines for automatic mail classification will be built in Belgrade.
Serbia is among few countries that classify letters, catalogues and parcels manually, which is why we plan to complete renovation of all postal offices in Serbia by 2008 and introduce complete automation of mail processing, he said.