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04. December 2002 |
Telekom Serbia secures 8.4 ml euro credit
BELGRADE - The telecommunications company Telekom Srbija a.d. on Wednesday signed a contract with the German bank KFW on a credit arrangement worth 8.4 million euros for updating fixed telephone unit systems, the Telekom Foreign Relations Directorate said.
On behalf of Telekom Srbija, General Manager Drasko Petrovic signed the contract, and KFW Vice-President Wolfgang Kassel on behalf of the bank. The state of Germany, through the Hermes company, is the guarantor of the credit.
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