Bloomberg News

Serbian Companies May Attract More U.K. Investment, Chamber Says

By Gordana Filipovic
October 26, 2011

Oct. 26 (Bloomberg) -- Serbian companies may be able to attract more investment from the U.K. next year if they are able to prepare their operations and finances, the country’s British Chamber of Commerce said.

Serbia is “of growing investment interest to British business,” the group said in an e-mail today. “When liquidity returns to the financial markets, there will be much competition for debt and equity capital, which means that Serbian businesses must work hard through winter 2011 and spring 2012 to improve the value of their enterprises.”

The U.K. has invested $445 million since the 2000 fall of former President Slobodan Milosevic, the 12th most among countries, according to central bank figures.

--Editors: Balazs Penz, Andrew Langley

To contact the reporter on this story: Gordana Filipovic in Belgrade at gfilipovic@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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