Russian oil company Gazprom Neft has invested about $3 billion in a subsidiary in Serbia, and intends to invest another $1.4 billion by 2025, Russian President Vladimir Putin said Wednesday
SOCHI (Pakistan Point News / Sputnik - 04th December, 2019) Russian oil company Gazprom Neft has invested about $3 billion in a subsidiary in Serbia, and intends to invest another $1.4 billion by 2025, Russian President Vladimir Putin said Wednesday."Russian-Serbian economic cooperation has reached a good level. In 2018, bilateral trade amounted to $2.2 billion, in January-September, mutual trade turnover grew by another 9.5 percent," Putin said.
"Russian investment in the Serbian economy exceeded $4 billion. Among the largest of investors is our energy corporation Gazprom Neft, which has invested about $3 billion in its subsidiary Petroleum Industry of Serbia, and intends to invest another $1.4 billion by 2025," Putin said after talks with Serbian President Aleksandar Vucic.
