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Read More »Serbian communist-era firms ‘hang in the balance’
Priboj / AFP Deep in a western Serbian valley, the town of Priboj despairs at the decline of a truck factory that was once its lifeblood — and is now symbolic of the country’s failing state-owned companies. A thriving manufacturer employing thousands under communist Yugoslavia, Fabrika automobila Priboj (FAP) is today one of Serbia’s loss-making enterprises whose future hangs in …
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