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Planum Expects $1 Billion Defense Work in Angola, Politika Says

Planum GP AD, a Serbian construction company, expects to clinch contracts worth $1 billion in Angola when the African country’s defense officials visit Belgrade next month, Politika newspaper reported, citing the board chairman.

Work to build a military hospital, arms factories and to rebuild an air base was discussed when Serbian defense minister Dragan Sutanovac’s visited Luanda in September and an agreement may be signed during the coming visit by Angolan defense officials, the report said, quoting Ratomir Todorovic.

To contact the reporter on this story: Misha Savic in Belgrade at msavic2@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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