Fabrika

BELGRADE - The Serbian Privatisation Agency has extended until April 27 the deadline for interested companies to submit bids in a tender to select a strategic partner for truck maker Fabrika automobila Priboj, the agency announced on Friday.

A public invitation for bids was published on February 20, with March 27 initially set as the deadline.

BELGRADE - The Privatisation Agency announced on Monday the list of 188 companies the government had decided would have to file for bankruptcy, since no one was interested in buying them, they had not been producing anything in years and had failed in securing a market share.

BELGRADE - Serbia's Prime Minister Aleksandar Vucic said on Monday the pay and pension cuts would not remain in place for the next three years, and that the retired and employees of the government sector could expect an increase in their income as soon as the share of salaries in GDP drops to 7 and the share of pensions to 12 percent.