The most comprehensive coverage of business news from Serbia
Issue no. 2523 - Belgrade, Friday May. 18, 2012
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•  Euro climbs above RSD 113 as cbank injects EUR 50 million into forex market.
•  Businessman Milan Beko says “won” arbitration case against German media company WAZ over ownership of publisher Novosti.
•  Media blackout in force until end of voting on Sunday.
•  Corruption watchdog warns requirement for people to name primary care physician or lose right to primary health care unconstitutional.

•  Family of murdered French football fan sues Serbia for EUR 300,000, outgoing interior minister says claim groundless.

•  SIEPA inks deal to provide EUR 6.65 million in job creation subsidies to Slovenian apparel maker Mura if it buys Serbian peer Prvi Maj.
•  German cable maker Leoni starts building new production facility in Prokuplje.
•  Vehicle maker Zastava Vozila Group inks letter of intent on cooperation with Italian consortium.
•  Drug maker Hemofarm reports RSD 5.5 billion loss in 2011.
•  Privredna Banka Beograd’s loss widens to RSD 792.6 million in 2011.
•  Brewer Apatinska Pivara “Best Employer 2012” among large companies in Serbia, employee satisfaction survey shows.
•  Putevi Srbije to stop offering deferred road toll payment option from June 1.
•  Micro, small enterprises given until August 31 to apply for EU’s innovation grants.
•  Insurer Takovo Osiguranje’s net profit slumps to RSD 7.3 million in 2011.
•  Kitchenware maker Metalac Posudje posts RSD 102.2 million gross profit in Q1, unconsolidated financial statement shows.
•  BSE indexes decline as trading on regulated market drops 12%.

Country Currency Median Exchange rate (CSD)
EU 1 Euro 112.5775
Australia 1 Dollar 87.7387
Canada 1 Dollar 87.6567
Denmark 1 Crown 15.1399
Japan 100 Yen 110.1002
Norway 1 Crown 14.7101
Sweden 1 Crown 12.2850
Switzerland 1 Franc 93.7209
Great Britain 1 Pound 141.3580
USA 1 Dollar 88.5252

Belgrade, Thursday May. 17, 2012
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Friday, May 18
Mostly sunny. Low 7º C. High 18º C.
Saturday, May 19
Mostly sunny. Low 12º C. High 24º C.
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