Serbia

Serbia's printing house Stamparija Borba said that its general assembly endorsed a decision by the company's management to initiate bankruptcy proceedings, SeeNews.com reported. Belgrade-based Stamparija Borba stopped operating in April 2023, all employees were declared redundant, and the printing equipment was scrapped and cashed out, the company said in a filing with the Belgrade bourse on Monday. The government holds a 37.5% stake in Stamparija Borba, the state pension fund owns 31.5%, the state health insurance fund holds 12.7%, while the city of Belgrade has a stake of 8.2%.

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