-
The Asian Infrastructure Investment Bank (AIIB) said it has committed up to $125 million (106 million euro) to invest in Tier 2 bonds issued by Hungary's OTP Bank, aiming to boost climate finance and support low-carbon investments across Hungary, Croatia, and Serbia.
The agreement creates a common framework for the partnership, building on AIIB's $200 million investment approved in 2024 in OTP Bank's MREL-eligible senior preferred bond, AIIB said in a press rel...
-
Serbia has signed a prefinancing agreement and a 1.3 billion euro ($1.5 billion) commercial contract with China's Shandong High-Speed Group for the design and construction of an 83-km stretch of the planned Vozd Karadjordje high-speed road, which will connect the central and eastern parts of the country, president Aleksandar Vucic said.
The 83-km stretch represents sections 2 and 3 of the planned road. Section 2 starts in west-central city of Lazarevac, where i...
-
Szeged Mayor Laszlo Botka (R) shakes hands with Chinese Ambassador to Hungary Gong Tao at BYD's new energy passenger vehicle factory in Szeged, Hungary, April 21, 2026. (Photo by Attila Volgyi/Xinhua)
Botka said Chinese automotive giant BYD's investment in Szeged has been "the largest industrial investment in the city's history," and that its success is in the interest "not only of Szeged, but of the entire Hungarian economy."
SZEGED, Hungary, April 22 (Xin...
-
Montenegrin Prime Minister Milojko Spajic (C), Chinese Ambassador to Montenegro Chen Xufeng (R), and Montenegrin Minister of Transport and Maritime Affairs Filip Radulovic attend a ceremony marking the resumption of the reconstruction work of the Tara River Bridge following a winter pause in Zabljak, Montenegro, April 20, 2026. Construction of the Chinese-aided project has resumed on structural repairs, upgrades to access roads, and enhancements to traffic safety systems and ...
-
China Railway Construction Heavy Industry Corporation Limited (CRCHI) has completed the construction of two tunnel-boring machines (TBMs), which will be used for the planned metro project in Serbia's capital Belgrade, public transport company Belgrade Metro and Train said on Wednesday.
Before being shipped to Serbia, TBMs will undergo mechanical, hydraulic, electrical, and control testing, Belgrade Metro and Train said in a press release.
The TBM...
-
China's furniture manufacturer JPAI plans to build a new factory in Serbia, economy minister Adrijana Mesarovic said.
"It is quite certain that we can expect a new, large and significant investment from this Chinese manufacturer of modern furniture," Mesarovic said in a press release on Tuesday, following a meeting with the company representatives in China.
The company already operates a factory in the village of Krnjasevci, near the northern Ser...
News