The most comprehensive coverage of business news from Serbia
Issue no. 3122 - Belgrade, Thursday Oct. 02, 2014
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•  Fiber-optic cable TV and internet provider Targo Telekom up for sale.
•  Energy ministry submits state natural gas company Srbijagas’ restructuring plan envisaging unbundling by end-March 2015, minister says.
•  Finance minister hinted at possibility Smederevo steel maker’s primary production could be shut down as part of future strategic partnership, union says.
•  Serbia to press ahead with reforms despite announcement no new member to be admitted to EU over next five years, PM tells security forum.

•  Serbian minister without portfolio for EU integration meets UK minister for Europe, takes part in business event hosted by chancellor of the exchequer in Birmingham.
•  Over 90% police staff on strike, union claims.

•  Parliament set to debate changes to law on public property, law on tax procedure and tax administration.
•  Source: Putin, Serbian officials expected to discuss adding several thousand cars, cheese, cigarettes to list of products Russia imports from Serbia free of duties.
•  142 kilometers of flood-stricken roads under state remit rehabilitated within deadline, line ministers says, as Putevi Srbije GM pledges up to RSD 800 million for local road repairs.
•  Flood-relief aid continues to arrive in Serbia, as Austrian foreign minister announces tour of Sabac next week.
•  New decree ensures sufficient number of transportation permits for all countries, including Russia, ministry says.
•  State postal company Posta Srbije plans to distribute RSD 708 million to employees, GM says, as World Bank representative calls proposal unusual amid fiscal tightening.
•  Flight control agency SMATSA plans to build traffic control towers at Belgrade, Tivat airports in EUR 10 million investment.
•  Efektiva association of banks’ clients says won annulment of loan agreements in first-instance proceedings at two courts.
•  Companies from German state of Baden-Wurttemberg interested in biomass, wind energy, mining projects in Serbia, officials say.
•  NBS renewing call to banks ahead of World Savings Day to keep interest rates on deposits from going significantly above year-round levels.
•  Serbia doubles exports of arms, military equipment in 2013, unofficial figures show, as bill on arms trade provokes criticism from defense industry unions.
•  Italian firm SO.GE.CO. expresses interest in renewable energy resources in Vranje area.
•  Belgrade airport to pay RSD 8.23 million in 2013 gross dividends, RSD 6.83 million to state as biggest shareholder.
•  Dinar snaps three-day losing run.
•  AIK Banka approves dinar cash loans with option to postpone up to six installments within one calendar year.
•  BELEXsentiment for October up at 123.14 points.
•  Belgrade stock indexes post solid gains.

Country Currency Median Exchange rate (CSD)
EU 1 Euro 118.9225
Australia 1 Dollar 81.6719
Canada 1 Dollar 84.0739
Denmark 1 Crown 15.9739
Japan 100 Yen 85.7223
Norway 1 Crown 14.6442
Sweden 1 Crown 13.0561
Switzerland 1 Franc 98.6009
Great Britain 1 Pound 152.5625
USA 1 Dollar 94.2857

Belgrade, Wednesday Oct. 01, 2014
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Thursday, October 02
Chance of rain. Low 13º C. High 19º C.
Friday, October 03
Mostly cloudy. Low 12º C. High 18º C.
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