Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Gazprom Banking in Serbia

KOPAONIK, Serbia — Serbian gas monopoly Srbijagas and Gazprom aim to start their own banking venture this year to help fund their joint projects in Serbia.

The two partners will also finalize plans for the construction of Serbia's stretch of the South Stream gas pipeline, Srbijagas' chief executive Dusan Bajatovic said Wednesday on the sidelines of a business forum.

"We wanted to diversify financial risks and have turned to Russia, which has fresh money for investments," Bajatovic said. The bank venture should enter the Serbian market by the end of 2012, Bajatovic said.


… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

paiment methods
Not ready to support today?
Remind me later.

Read more