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Three companies interested in Serbia’s construction company, Energoprojekt

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SNC-Lavalin Group Inc. (SNC), a Canadian engineering, construction and manufacturing company, is among three companies interested in Energoprojekt Holding AD, the Serbian company’s chief executive officer said. Serbia’s government, which currently controls 33.6 percent of the Belgrade-based Energoprojekt, “does not intend to keep the stake long-term, maybe not even mid-term” and contacts with potential buyers are underway, Vladimir Milovanovic said, naming only SNC-Lavalin as “the biggest and most serious” of potential buyers reports Bloomberg.Energoprojekt’s consolidated sales rose 10.42 percent last year to 228 million euros with pre-tax profit falling nearly 30 percent to 8.74 million euros Energoprojekt controls projects in 24 countries across four continents.


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