The most comprehensive coverage of business news from Serbia
Issue no. 3109 - Belgrade, Monday Sep. 15, 2014
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•  Year-on-year inflation goes down to 1.5% in August as Serbia again registers month-on-month deflation.
•  Serbia preparing fresh, USD 750 million eurobond, daily “learns.”
•  German MP calls for holding LGBT gathering in Belgrade after German activist is severely injured in attack in Serbian capital.

•  Kosovo parliament’s repeat constituting session pushed back to September 18.
•  Organized crime prosecutor opens investigation against ex-Kosovo coordination center chief Nebojsa Covic, five others on suspicion of RSD 850 million housing embezzlement.

•  PM says EUR 700 million needs to be saved next year, as government holds session to discuss 2014 budget revision, 2015 budget.
•  Social-economic council again fails to reach consensus on minimum hourly wage.
•  Government names Dacic, Mihajlovic to co-chair economic cooperation committees with Russia, China, respectively.
•  Report: Hungarian budget airline Wizz Air set to ink deal on regular flights from Nis airport.
•  Johnson Electric unveils plant in Nis after EUR 20 million investment.
•  Lawyers across Serbia to join Belgrade lawyers in strike over tax hikes, call for justice minister to step down.
•  Belgrade’s ex-city manager, eight others indicted with causing EUR 6 million in damage to city coffers in connection with reconstruction of main boulevard in 2010.
•  City assembly planned to hold session Thursday to adopt changes to Belgrade 2021 general plan, put legal prerequisites in place for launching Belgrade waterfront works, assembly chairman says.
•  Report: Belgrade looking for ways to collect unpaid construction fees, help resume suspended works, city manager says, as debts of 109 investors top EUR 100 million.
•  Pirot’s apparel maker Prvi Maj to resume production today as co-owner of Slovenia-based parent company secures money for recapitalization.
•  Russian Railways delivers last batch of machinery needed for Serbian railway modernization projects financed with USD 800 million in Russian loans.
•  Russia’s Balkan Investment Development Group interested in investing EUR 3 million - EUR 8 million in Gamzigrad spa resort in eastern Serbia.
•  Belgrade plans to start building modern marina on Sava river in 2015, look for strategic partner, city manager says.
•  China Poly Group Corporation discusses cooperation options in Serbia’s defense industry.
•  NBS’ forex reserves rise to nearly EUR 10.95 billion in August.
•  Dinar inches down against euro.
•  Purchasing power increases marginally in July.
•  Credit Agricole offers dinar cash loans with fixed monthly installments, nominal interest rates starting at 15.95% annually.
•  NBS sells EUR 5 million, buys EUR 5 million in two-week forex swap.
•  BSE indexes end mixed.
•  PRODEX falls 1.27 points last week as volume of traded goods soars 45.8%.

Country Currency Median Exchange rate (CSD)
EU 1 Euro 119.0029
Australia 1 Dollar 83.4113
Canada 1 Dollar 83.3179
Denmark 1 Crown 15.9862
Japan 100 Yen 85.8297
Norway 1 Crown 14.4251
Sweden 1 Crown 12.8942
Switzerland 1 Franc 98.3820
Great Britain 1 Pound 149.5011
USA 1 Dollar 92.1075

Belgrade, Friday Sep. 12, 2014
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Monday, September 15
Chance of rain. Low 14º C. High 19º C.
Tuesday, September 16
Partly cloudy. Low 14º C. High 22º C.
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