The most comprehensive coverage of business news from Serbia
Issue no. 2016 - Belgrade, Friday, May 27, 2016
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•  Serbia’s competition protection commission approves Chinese HBIS’ takeover of steel maker Zelezara Smederevo’s assets.
•  EU enlargement talks commissioner says issue of Croatia’s blockade resolved, expects Serbia to get green light for chapter 23 of EU accession talks next week.
•  Dinar dips 0.2%, as central bank pumps EUR 25 million into forex market.
•  Putin meets Vucic in Moscow, hopes Serbia’s next government will include people willing to develop Serbia-Russia relations.
•  Serbia registers general government deficit of RSD 26.7 billion in January-April.

•  Democratic Party to vote on new leadership on June 10.

•  Competition protection commission conducting additional analysis of sugar firm Sunoko’s acquisition of Senta refinery.
•  Deadline to apply for strategic partnership with drug maker Galenika officially pushed back to July 27.
•  Japanese auto parts maker Yazaki signs MoU to build electrical distribution systems factory in Sabac, plans to launch production on May 1, 2017.
•  Public debt declines to 71.3% of GDP at end-April.
•  Database of urban, spatial plans made available online as part of efforts to streamline construction permitting.
•  EBRD completes three-year EU-funded EUR 3.5 million program to support SMEs in Serbia.
•  Toza Markovic’s creditors approve reorganization plan, as RTV reports construction materials maker to emerge from bankruptcy in mid-June.
•  Top 15 exporters’ shipments total EUR 1.25 billion in January-April.
•  Sberbank Srbija posts RSD 322.6 million profit in Q1.
•  Pension fund Raiffeisen Future posts 12-month return rate of 12.96%, net asset value of RSD 3.34 billion at end-2015.
•  Belgrade stocks close down.

Country Currency Median Exchange rate (CSD)
EU 1 Euro 123.26
Australia 1 Dollar 79.54
Canada 1 Dollar 84.75
Denmark 1 Crown 16.57
Japan 100 Yen 100.28
Norway 1 Crown 13.31
Sweden 1 Crown 13.29
Switzerland 1 Franc 111.33
Great Britain 1 Pound 161.60
USA 1 Dollar 110.18

Belgrade, Friday, May 27, 2016
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Friday, May 27
Mostly sunny. Low 15 C. High 28º C.
Saturday, May 28
Mostly sunny. Low 18 C. High 30º C.
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