Serbia, March 18 -- The European Investment Bank (EIB Global) will provide a €25 million loan to upgrade the air navigation control system in Serbia and Montenegro. State-of-the-art equipment and software will enable SMATSA, the air navigation service provider in both countries, to implement the highest operational and safety standards, ensuring interoperability and optimising flight routes. The project aims to make air traffic management over Serbia and Montenegro more efficient, improving safety and delivering environmental benefits to European air travel.The investment will be used to develop a new software solution for air traffic management in line with the requirements set out by Eurocontrol (the European Organisation for the Sa...