The most comprehensive coverage of business news from Serbia
Issue no. 3138 - Belgrade, Friday Oct. 24, 2014
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•  Parliament approves changes to laws on Privatization Agency, free shares, investment funds, passes law on first phase of project to develop 400 kV trans-Balkan power transmission network.
•  IMF mission should arrive in early November for talks on fresh arrangement, 2015 budget; steel maker Zelezara to get state funding only for ore, coke next year, finance minister says.
•  Informal meeting brings together Serbian, Kosovo foreign ministers, other Western Balkan ministers, EU officials in Belgrade.

•  Public administration optimization project backed by World Bank to be launched in spring 2015, Udovicki says.
•  Serbian Bar Association, Justice Ministry make progress in talks, lawyers to decide on Monday whether to end strike.

•  Serbia plans to meet all WTO accession requirements, including adoption of GMO law, over next year, chief of negotiating team for EU accession talks says.
•  Talks with potential buyers of companies under restructuring to be launched next week, economy minister says.
•  State seeks to remain majority owner of copper miner RTB, find strategic partner, mining minister says, as GM notes new copper mine projects attract interest.
•  Serbia, Croatia, Slovenia reach deal to launch joint drug procurement to cut costs, Serbian health minister says.
•  Petrohemija, Pancevo authorities ink document on developing detailed regulation plan for future polypropylene factory.
•  Slovenian baking firm Don Don buys Zitoprodukt for EUR 3 million.
•  Report: Industrial gas producer Messer Tehnogas opens helium plant in Pancevo in EUR 5 million investment.
•  Mihajlovic in Moscow seeks more road transportation permits from Russia amid growing bilateral trade, announces talks on railway dispatching center modernization by end-2014.
•  Serbian economy’s center set to open in Moscow early next year, PKB says.
•  Serbia-Poland annual trade grows from EUR 115 million in 2003 to EUR 936 million in 2013, official says at joint business forum at PKS.
•  Spanish firms interested in investing Serbia’s livestock farming, irrigation systems, wastewater management, deputy head of mission says.
•  Labor ministry sets up working group to prepare draft of new occupational safety and health law, labor minister says.
•  China, Serbia to initiate signing of social insurance agreement soon, as ambassador announces new investments in Serbia.
•  Vip mobile’s revenues up 4% year-on-year at RSD 18.6 billion in January-September, as EBITDA rises 7% to RSD 5.8 billion.
•  Coca-Cola Foundation donates USD 500,000 in flood relief aid.
•  Air Serbia launches 2 for 1 campaign to celebrate first birthday.
•  UEFA Champions League Trophy tour of Serbia presented by UniCredit Bank attracts nearly 15,000 fans.
•  Dinar sheds 0.1% against euro.
•  Belgrade stock indexes gain ground.

Country Currency Median Exchange rate (CSD)
EU 1 Euro 119.5079
Australia 1 Dollar 82.6930
Canada 1 Dollar 84.1546
Denmark 1 Crown 16.0506
Japan 100 Yen 87.4491
Norway 1 Crown 14.3617
Sweden 1 Crown 13.0062
Switzerland 1 Franc 99.0205
Great Britain 1 Pound 151.4868
USA 1 Dollar 94.4279

Belgrade, Thursday Oct. 23, 2014
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Friday, October 24
Mostly cloudy. Low 6º C. High 12º C.
Saturday, October 25
Mostly cloudy. Low 7º C. High 11º C.
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