EBRD helping companies in Serbia, project worth 4m EUR

European Bank for Rehabilitation and Development (EBRD) has started realization of the third phase of 4m EUR worth of project for aid to small and mid-sized enterprises "Turn Around Management".

The Deputy Manager of TAM Program, John McPhee, said that another 72 companies would be included in that program, which would make Serbia the country with the largest number of TAM projects. The Program will, as he pointed out, include companies in field of food-processing and timber industry, environment protection, energy saving, as well as project that relate to support to the development of businesses managed by women.

- This year, TAM will expand its activities in Serbia through the organization of special trainings for managers of small and mid-sized enterprises in field of control of expenses and financial management - said McPhee.