China Exim Bank

World-renowned climbing walls manufacturer Walltopia has announced that two equity funds, one from China and one from Bulgaria, have acquired a minority stake in the company.

These are BlackPeak Capital, a Bulgaria-based private equity fund, and the China-CEE Fund.

BlackPeak capital was set up under the EU's Joint European Resources for Micro to Medium Enterprises (JEREMIE).

Minister tells MPs about "extremely favorable Chinese loan"

BELGRADE -- China Exim Bank's USD 608.3 million, 20-year loan with a grace period of seven years is "extremely favorable," Energy Minister Aleksandar Antic has said.

BELGRADE - Serbian Minister of Energy and Mining Aleksandar Antic said Thursday that the China Exim Bank's USD 608.3 million, 20-year loan with a grace period of seven years, for the construction of a new unit at Serbia's Kostolac B coal-fired power plant, was extremely favorable and would ensure the stability of the country's energy system.

Bulgarian Development Bank and The Export-Import Bank of China signed a cooperation agreement for investments promotion for Chinese and Bulgarian companies, Wednesday.

The agreement was signed in Beijing during the visit of the Bulgarian delegation to China, led by the Deputy Minister of Economy and Energy Krasin Dimitrov, the Ministry of Economy and Energy informed.

Talks on modernization of Belgrade-Budapest railway

BELGRADE -- Contracting Serbian firms for a project to modernize the Belgrade-Budapest railway is "one of the priorities for the Serbian economy."

BELGRADE - General Director of Serbian Railways Dragoljub Simonovic said during a meeting with representatives of China Exim Bank and Hungarian State Railways (MAV) on Thursday that contracting Serbian firms for a project to modernize the Belgrade-Budapest railway is one of the priorities for the Serbian economy.