The most comprehensive coverage of business news from Serbia
Issue no. 3621 - Belgrade, Wednesday, Sep 28, 2016
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•  Growth in SEE6 firming up, reflecting recovery primarily in Serbia, World Bank says in latest SEE RER.
•  Four elements concerning liabilities to Srbijagas, its debt, investments are critical to make state gas company sustainable, World Bank country manager says.
•  Report: Energy Community’s Ministerial Council to decide in October on possibly slapping Serbia with sanctions over failure to unbundle Srbijagas, YugoRosGaz.

•  Serbian, Hungarian governments expected to sign new agreement on Tisa river navigation to enable all ships to navigate river, not only Serbian, Hungarian vessels, line ministry says.

•  Agreement between Chinese telecoms equipment maker Huawei Technologies, Serbian state telecom company Telekom Srbija expected to be realized in early October, ambassador says.
•  Daily: Russian tycoon Igor Kim interested in buying Marfin Bank, unnamed source says.
•  Competition protection commission receives SBB’s merger notification over planned takeover of IKOM, requests additional documentation, chairman says.
•  World Bank, EBRD call for strengthening Serbia’s public procurement system, PKS says.
•  Report: MK-Fintel Wind to unveil 2nd small wind farm on October 3 in EUR 10 million investment.
•  PKS taking 28 Serbian companies to Pristina’s agriculture and food industry fair following successful arrangements last year.
•  Serbia seeks to double forex tourism revenues to USD 2.2 billion over next four years, trade and tourism minister says.
•  Dinar ends three-day winning run against euro.
•  Report: Benetton’s subsidiary Olimpias takes over entire production for Italian apparel giant in Nis.
•  Telekom Srbija most profitable firm in 2015, APR data shows.
•  PKS inks cooperation deals with Shenzhen General Chamber of Commerce at China-CEEC event.
•  Germany’s Foundcenter Investment launches three-day pitch challenge event in Belgrade to award up to EUR 1 million to most innovative ideas in region.
•  90% of Serbian entrepreneurs believe lower payroll taxes would help entrepreneurship development, auditor EY’s survey shows.
•  Construction firm Jedinstvo inks RSD 400 million deal to reconstruct, upgrade Uzice’s water purification plant, works due to start in October.
•  NBS sells EUR 6 million, buys EUR 6 million in three-month forex swap.
•  Belgrade stocks lose ground on Tuesday.

Country Currency Median Exchange rate (CSD)
EU 1 Euro 123.17
Australia 1 Dollar 83.92
Canada 1 Dollar 83.08
Denmark 1 Crown 16.52
Japan 100 Yen 108.73
Norway 1 Crown 13.52
Sweden 1 Crown 12.83
Switzerland 1 Franc 11.90
Great Britain 1 Pound 142.09
USA 1 Dollar 109.53

Belgrade, Wednesday, Sep 28, 2016
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Wednesday, September 28
Sunny. Low 10º C. High 23º C.
Thursday, September 29
Sunny. Low 11º C. High 26º C.
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