Update on commercial & economic relations in the Balkans
Economic outlook for 2006 for selected Balkan states
Countries GDP Growth Direct F.D.I(Mil. Euros)
Albania 5.8% 209
Bulgaria 6.0% 1789
FYROM 3.5% 80
Romania 5.5% 5.197
Serbia 5.0 1.196
Source: Vienna Institute for International Economic Studies (WIIW)-2006-
Trade relations between Greece and selected Balkan countries
2006, all prices in Euros.
Countries Imports from GR. Exports to GR.
Albania 336.3 29.8
Bulgaria 971.8 712.6
FYROM 288.7 223.4
Romania 507.8 449.6
Serbia 224.3 180.7
Note: A lot of the commercial activity between Greece and FYROM, is actually one between Greece and Serbia.
Source: Greek National Statistics Agency.
Serbian NIS petroleum company.
500 petrol stations
Exploitation rights in Serbia, Libya and Angola
850 million Euros turnover per annum
35 million Euros profit per annum
1 industrial compex of petrochemicals
Natural gas network
Companies interested for its privatization:
The Russian company is considered as the favorite since Moscow is backing Belgrade in relation to the Kosovo issue.