Economy of Vojvodina

"With the eighth package of sanctions against Russia, the EU is actually introducing a first package of sanctions against Serbia, which depends on Russian oil supplies through Croatia", Serbian Interior Minister Aleksandar Vulin said.

From November 1, Serbia will not be able to receive oil from Russia, which is delivered to the country by tankers across the Adriatic Sea and then by pipeline through Croatia. This is what Serbian President Aleksandar Vucic said to the media.

BELGRADE - There are German companies that are interested in coming to Serbia and preparing to do so, but the most important thing is to keep existing investors and have them reinvest, says President of the German-Serbian Chamber of Commerce Ronald Seeliger.

BELGRADE - Serbian President Tomislav Nikolic on Monday spoke with Oil Industry of Serbia (NIS) General Manager Kirill Kravchenko, who announced new investments that would total 1 bln euros over the next three years.

Kravchenko briefed Nikolic on NIS operations in 2016.

Tanjug photo, D. Kujundzic

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Serbian President Tomislav Nikolic on Monday spoke with Petroleum Industry of Serbia (NIS) General Manager Kirill Kravchenko.

Kravchenko announced new investments that would total one billion euros over the next three years.

NOVI SAD - The European Congress of Neurosurgeons, with the main topic of Controversies in Neurotraumatology, will be held October 20-22 at the Master Centre of the Novi Sad Fair, it has been announced at a press conference.

All Serbian oil and gas reserves belong to Gazprom

BELGRADE -- Serbia's natural oil and gas reserves amount to about 14 million tons, but experts estimate that the deposits are about four times larger.

Four years ago, 650,000 tons were extracted in Serbia, while in 2014 the amount was almost double that figure, the daily Vecernje Novosti writes.

NOVI SAD - According to the assessment of The Financial Times, Vojvodina ranks first among 54 mid-sized regions in effectiveness of foreign investments, and fourth among all European regions and cities in relation to the same criteria, Bojan Pajtic, president of the Vojvodina government, has said.