Ikarbus

Stefanovic, state secretary in the Ministry of Economy, spoke for Prva TV on Thursday.

The company plans to extend the product range to electric vehicles, Tanjug reported, citing Ikarbus CEO Aleksandar Vicentic.

The privatization process is already underway and Vicentic expects a 51 percent stake in the Zemun-based factory to be sold to the Chinese partner in mid-June.

In the nine months it reached 4.5 percent of GDP, and and by the end of the year it will be more than 4 percent, Brnabic said, according to remarks published by the Serbian government.

Brnabic was presenting the results of the White Book 2018 of the Foreign Investors Council, saying that the planned economic growth had been 3.5 percent of GDP.

BELGRADE - The first bus carrying the Mercedes-Benz sign to be produced in Serbia will roll off the assembly line at Belgrade-based Ikarbus factory by March 13, and mass production of that bus will be a huge export opportunity for Serbia, Ikarbus General Director Aleksandar Vicentic has told Tanjug.