Expert team of Gazprombank in Belgrade at the end of June - the Russians interested in four publicly owned and two private Serbian banks

General director of `Srbijagas`, Dušan Bajatović, announced yesterday (16/6/2009) that expert team of Gazprombank will come to Serbia to a meeting with the representatives of Serbian banks, which might be taken over or recapitalized.

Bajatović said to `Beta` agency, after the meeting with the management of Gazprombank in Moscow, that four banks in majority state ownership and one or two private banks had been spoken of, but he did not want to name the banks.

He said that the details of contract about `Banatski dvor` were finalized in Moscow and that it was agreed with `Gazprom export` that filling of that storage with gas should start no later than 1/7/2009.

Bajatović emphasized that they also discussed common interest in founding investement fund that would refer to participation of the Russian capital in Serbian privatization.

- Entering a big insurance company `Sogasa` on Serbian market was also discussed- Bajatović said. He also added that that insurance company is monitoring `Gazprom` investments in energy industry.

As he stated, participation on tender for a loan of 170 billion euros for `Srbijagas`, which would provide ongoing liquidity and stable financial conditions of the company, was also discussed witht the management of Gazprombank.

JP Srbijagas Novi Sad

Gazprom Moscow

Gazprombank

Dušan Bajatović

Banatski dvor

Sogas