As per reports, it has been unveiled that Telekom Austria AG has been giving a stiff competition to acquire cable operator Serbia Broadband.

Telekom Austria is looking forward to takeovers in Croatia and Serbia. These takeovers could make the Telekom Austria the leading player in Balkans. Telekom Austria's chief executive told to a newspaper that they have the chance to become one of the biggest player in Southeast Europe, declining to rule out a capital increase.

In a case that involved counterfeiting of Serbian documents and Dinars, Austrian police and prosecution has responded hastily. Reports say that the counterfeiters were from Vienna.

Adem Ljajic, Serbian footballer, is opening a business forum named `Economic Partner-Serbia' which according to Ljajic will focus on economic reforms, macroeconomic stability, remedying the consequences of the economic crisis and changing the model of economic growth and development.