Israeli credit for introduction of gas in Pančevo and Belgrade

Yesterday, company Gas invest signed the contract with the group of investors Mifko from Israel on credit for financing of projects for construction of gas system in Pančevo and certain Belgrade’s borough. The value of the loan is about €40m.

About €5m will be ivested in introduction of gas in Pančevo, whereas €35m will be spent on introduction of gas in one of Belgrade’s boroughs, of which name is not known to public yet.

The credit intended for introduction of gas in certain Belgrade’s borough is approved on period of 15 years with grace period of 3 years, whereas the credit for introduction of gas in Pančevo is approved on period of 8 years with grace period of 2 years.