The most comprehensive coverage of business news from Serbia
Issue no. 3413 - Belgrade, Monday, Nov 30, 2015
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•  Serbia to open first two chapters of EU accession talks on December 14, prime minister says.
•  All six bids for Telekom Srbija to be again considered today, economy minister says.
•  Government adopts fiscal strategy for 2016 with projections for 2017, 2018, unveils no details.
•  Serbia’s GDP shrank 1.8% in real terms in 2014, Statistics Office’s final data confirms.
•  Serbia could bid in 2016 to buy operator of Montenegro’s port of Bar, Vucic says.
•  Bank clients’ association seeks across-the-board solution for CHF loan problem, as working group recommends to banks to find individual solutions for borrowers.

•  Serbian prime minister passes polygraph after submitting himself for police questioning over tabloid Kurir’s allegations, interior minister says.

•  PM expects China’s HBIS Group to “enter” Smederevo steel maker in July, says Chinese company considers EUR 300 million investment in seam welded pipe facility.
•  17.8-kilometer Surcin-Obrenovac section of the future Corridor 11 highway to cost EUR 209 million, PM says.
•  17 strategic companies among key risks for Serbia, state should switch to procuring generic drugs in 2016, World Bank country manager says.
•  Banca Intesa inks deal to buy Delta Holding’s headquarters building in New Belgrade.
•  26.2-kilometer section of Corridor 10 highway opens to traffic following EUR 73.8 million investment.
•  German automotive supplier Truck-Lite pushes back construction of plant in Cuprija “over change to ownership structure,” mayor says.
•  Italian luxury car cover manufacturer Confezioni Andrea says fired 149 workers at Jagodina plant for causing EUR 400,000 loss by refusing to work.
•  NBS sells EUR 10 million on forex market as dinar continues slide on Friday.
•  Cardboard maker Umka set to invest EUR 4 million in Cacak’s paper maker Bozo Tomic over next three years, union leader says.
•  Economy Ministry in talks with potential strategic partner for Yumco, top man says, as apparel maker inks RSD 900 million worth of deals to make uniforms for Serbian Army in 2015.
•  Sell-off authority again seeks bids for assets of Kraljevo’s fire resistant materials maker Magnohrom, offers due by December 15.
•  Privatization Agency seeks bids for concrete products manufacturer Betonjerka, steel casting company Potisje-Precizni Liv.
•  Bankrupt mining, smelting firm Zajaca, hospitality firm Zupa to be auctioned in late December.
•  German state development bank KfW to award EUR 6.5 million in grants to Subotica to help improve water quality, biodiversity of Palic, Ludas lakes.
•  Work begins to demolish portion of ex-Yugoslav army headquarters in Belgrade.
•  NLB Banka reports EUR 1 million profit in Q1-Q3.
•  NBS buys EUR 1 million, sells EUR 1 million in two-week forex swap.
•  BSE indexes gain ground on Friday.
•  PRODEX up 0.97 points last week as trade value drops to RSD 3.19 million.

Country Currency Median Exchange rate (CSD)
EU 1 Euro 121.24
Australia 1 Dollar 82.37
Canada 1 Dollar 85.60
Denmark 1 Crown 16.24
Japan 100 Yen 93.32
Norway 1 Crown 13.14
Sweden 1 Crown 13.09
Switzerland 1 Franc 111.08
Great Britain 1 Pound 172.19
USA 1 Dollar 114.54

Belgrade, Monday, Nov 30, 2015
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Monday, November 30
Mostly sunny. Low 5º C. High 14º C
Tuesday, December 01
Mostly sunny. Low 6º C. High 15º C
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