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Vienna awards send positive signals to foreign investors
Belgrade,
13 July 2004
Serbian Deputy Prime Minister Miroljub Labus said that Hemofarm, Ball Packaging Europe and Delyug have won 2003 best regional investor awards from the OECD, the Stability Pact for South Eastern Europe and PricewaterhouseCoopers in Vienna, adding that the awards send positive signals to foreign investors.
According to Labus, Ball Packaging Europe, which is currently building a beverage can plant in Zemun, received the largest greenfield investment award. Greek Delyug, which has established presence in Serbia-Montenegro in 1997, was selected as the largest foreign investor, while Serbian drugmaker Hemofarm was named as the best investor in Bosnia-Herzegovina.
As part of his visit to Vienna from July 7 to 9, Labus met with foreign ministers and deputy prime ministers from Albania, Bosnia-Herzegovina, Bulgaria, Croatia, Macedonia, Moldavia and Romania to underline that Serbia has reduced its investment risk over the past few years, elected a democratic president, set up all state institutions and won a debt write-off from the London Club of commercial creditors.
Serbian Investment and Export Promotion Agency (SIEPA) Director Jasna Matic described the Vienna awards as a strong recognition for Serbia as both an investor country and a country targeted by foreign investors.
According to Delyug Director Spiros Pirgidis, the company’s award is in fact an award for the Serbian market.
The awards also call for more efforts to increase the number of successful investment projects in the forthcoming period, said OECD regional coordinator Antoine Kuruneri-Millet, adding that such a goal requires further reforms and cooperation with foreign investors.
As part of his visit to Vienna from July 7 to 9, Labus met with foreign ministers and deputy prime ministers from Albania, Bosnia-Herzegovina, Bulgaria, Croatia, Macedonia, Moldavia and Romania to underline that Serbia has reduced its investment risk over the past few years, elected a democratic president, set up all state institutions and won a debt write-off from the London Club of commercial creditors.
Serbian Investment and Export Promotion Agency (SIEPA) Director Jasna Matic described the Vienna awards as a strong recognition for Serbia as both an investor country and a country targeted by foreign investors.
According to Delyug Director Spiros Pirgidis, the company’s award is in fact an award for the Serbian market.
The awards also call for more efforts to increase the number of successful investment projects in the forthcoming period, said OECD regional coordinator Antoine Kuruneri-Millet, adding that such a goal requires further reforms and cooperation with foreign investors.
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