The most comprehensive coverage of business news from Serbia
Issue no. 3741 - Belgrade, Wednesday, Mar 22, 2017
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•  Biscuit maker Jaffa makes sole and winning bid to buy confectionery producer Banini at call price of RSD 1.86 billion.
•  Belgium’s Elicio expects to launch 8 MW wind farm in Serbia by end-2017, build 42 MW wind farm with financing from IFC, energy ministry says.
•  State officials to meet with management of Croatian food-to-retail company Agrokor’s firms in Serbia this week, trade minister says, as daily learns debts to local suppliers should be settled in coming days.
•  Luxembourg’s foreign minister to visit Serbia on March 28-29, Dacic says.

•  Germany’s GIZ signs agreement on EUR 1.5 million project to support Serbia’s public administration reform.

•  Moody’s upgrades Belgrade’s issuer rating from B1 to Ba3 following similar actions on Serbia’s ratings.
•  Supreme Court of Cassation not to take single position, but adopt individual decisions in concrete disputes between CHF borrowers, banks, daily writes.
•  Economy Ministry signs agreement on EUR 10.2 million in subsidies for US-based technology solutions provider NCR to build campus in Belgrade, add 1,500 jobs.
•  Plan to reintroduce fuel subsidies for agricultural producers involves diesel excise tax write-off, daily learns.
•  Saudi Arabia, Serbia set to hold business forum in Belgrade in May.
•  Tendering procedure for construction of Belgrade’s Kneza Milosa underground garage expected to be launched in July, Parking Servis GM says.
•  Dinar inches up against euro in Tuesday’s trading.
•  NBS sells EUR 7 million, buys EUR 7 million in three-month forex swap.
•  BSE indexes rise for second day on Tuesday as bonds push up trading to RSD 1.31 billion.

Country Currency Median Exchange rate (CSD)
EU 1 Euro 123.90
Australia 1 Dollar 87.89
Canada 1 Dollar 85.73
China 1 Yuan 16.66
Denmark 1 Crown 16.65
Japan 100 Yen 102.80
Norway 1 Crown 13.51
Russia 1 Ruble 1.98
Sweden 1 Crown 13.01
Switzerland 1 Franc 115.39
Great Britain 1 Pound 143.11
USA 1 Dollar 114.68

Belgrade, Wednesday, Mar 22, 2017
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Wednesday, March 22
Mostly sunny. Low 13º C. High 25º C.
Thursday, March 23
Mostly sunny. Low 14º C. High 24º C
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