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May 23, 2003 - Friday
Hipo Alpe Adria Bank started business in Serbia
May 23 (IIS, Danas) - Hipo Alpe Adria Bank opened its first branch office in Belgrade. President of bank’s board Gunter Striedinger stated that bank group, to whom Alpe Adria belongs, already had invested in Serbia €20 million directly from Austria. Belgrade branch plans to invest €50 million by the end of this year.
Strategic goal of this Austrian financial organization is to merge 50 million people regional market.

 
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