Montenegro

March 3, 2009

Finnfund Commits EURO 3 Million in South Balkan Fund

Finnfund approves a EURO 3 million equity investment in the SEAF South Balkan Fund (SBF). Finnfund will be the sixth shareholder in the fund and its investment increases the total fund size to EURO 13.15 million.
January 10, 2006

Small Enterprise Assistance Funds establishes SEAF South Balkan Fund

SEAF announces the first closing of the SEAF South Balkan Fund, which provides equity and quasi-equity financing, in combination with technical and managerial assistance, to South Balkan small and medium enterprises (SMEs). The Fund targets small SMEs established in the Republic of Serbia, Republic of Montenegro, Republic of Macedonia and Kosovo.