The most comprehensive coverage of business news from Serbia
Issue no. 3597 - Belgrade, Thursday, Aug 25, 2016
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•  Serbia, China expected to agree estimated value of works to modernize railway linking Belgrade with Hungary’s capital Budapest within a month, Serbian infrastructure minister says.
•  Kazakhstan’s president, top Serbian officials call for boosting bilateral trade, economic cooperation during meetings in Belgrade.
•  European Commission’s annual progress report on Serbia to be positive, but to contain constructive criticism in areas where there is room for improvement, EU ambassador says.
•  French trailer maker Trigano’s agreement on takeover of part of assets of Zastava Inpro signed, notarized, daily writes.

•  New government to start appointing new ambassadors shortly, foreign minister says, as daily writes every other Serbian embassy could soon see change at helm.

•  Carmaker FCA Srbija restarts production following three-week collective leave, downsizing.
•  Serbia’s largest dairy firm Imlek delists from Belgrade Stock Exchange following squeeze-out of small shareholders.
•  Government to approve RSD 50 million to Subotica to build customs terminal in free trade zone.
•  Reconstruction of Belgrade’s Museum of Contemporary Art starts under project worth over RSD 600 million.
•  Travel agency Recreatours again invites non-binding bids for Vrnjacka Banja’s Borjak resort, starting price lowered to RSD 106.4 million.
•  Dinar inches up against euro.
•  Serbia auctions off EUR 50 million worth of 53-week euro-denominated T-bills.
•  BSE indexes lose ground.

Country Currency Median Exchange rate (CSD)
EU 1 Euro 123.37
Australia 1 Dollar 83.44
Canada 1 Dollar 84,67
Denmark 1 Crown 16.57
Japan 100 Yen 108.87
Norway 1 Crown 13.33
Sweden 1 Crown 13.04
Switzerland 1 Franc 113.15
Great Britain 1 Pound 144.72
USA 1 Dollar 109.44

Belgrade, Thursday, Aug 25, 2016
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Thursday, August 25
BSE indexes lose ground.
Friday, August 26
Mostly sunny. Low 18º C. High 30º C.
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