General Electric

GE To Ink 400 Million Euro Deal In Bosnia’s Serb Half

General Electric (GE) has revealed that the conglomerate will soon ink an investment pact worth 400 million euros (about US$554.3 million) in the Serb half of Bosnia later this month.

The source close to the company said that GE will sign the agreement on October 23, 2008.

While commenting on the deal, Mr. Milorad Dodik, prime minister of Bosnia's Serb Republic, stated, “300 million euros will be in the energy sector, and 100 million euros in the health sector.”