The most comprehensive coverage of business news from Serbia
Issue no. 3353 - Belgrade, Friday, Sep 04, 2015
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•  Smederevo steel maker to restart second blast furnace by end-September, GDP to expand 1.2% in 2015, over 2% in 2016, 3% in 2017, PM says
•  Nikolic attends massive military parade in Beijing, says Serbia preparing projects for China-CEE summit in November.
•  Sell-off authority again seeks bids for news agency Tanjug, halves asking price to EUR 380,468.
•  Austrian crystal maker Swarovski unveils plant in Subotica, as PM says “state’s investment” EUR 2.75 million.
•  Transparency calls on Economy Ministry to unveil draft law on investments.

•  Serbian PM, Bavarian minister for European affairs visit migrant reception center close to border with Hungary.
•  Changes to Constitution to be adopted by end-2017, assistant justice minister says.

•  Serbia’s 77-kilometer section of Nis-Durres highway would cost some EUR 800 million to build, transportation institute CIP’s GM says.
•  IFC providing financing of up to EUR 35 million to Eurobank to back its mortgage lending, trade finance.
•  Daily: Delayed relocation of Bubanj Potok toll plaza could push back opening of Swedish furniture giant IKEA’s first department store in Serbia.
•  World Bank expects to give certain concrete recommendations concerning jobs at 100 state institutions in October, country director says.
•  Korean auto parts maker Yura Corporation seeks to build another plant in Leskovac if necessary conditions are met, mayor says.
•  Talks on “arrival of Czech truck maker Tatra in” machinery producer 14. Oktobar, truck manufacturer FAP to be intensified in coming month, defense minister says.
•  Court temporarily blocks Nis brewer’s assets over lawsuit filed by Belgrade-based Luss Investment.
•  Law on greenhouse gas emission monitoring, reporting should be adopted in 2016, line minister says.
•  Rubber company Tigar reports RSD 7 million operating profit in H1, says regularly servicing debts to creditors, continues to operate without fresh borrowing.
•  Attempt to sell components producer Prva Petoletka’s subsidiary PPT Delovi scrapped for lack of bids.
•  Dinar climbs 0.1% against euro.
•  Serbia auctions off RSD 2.64 billion worth of six-month T-bills.
•  Belgrade stocks end two-day winning run.

Country Currency Median Exchange rate (CSD)
EU 1 Euro 120.31
Australia 1 Dollar 75.26
Canada 1 Dollar 81.78
Denmark 1 Crown 16.12
Japan 100 Yen 90.65
Norway 1 Crown 13.04
Sweden 1 Crown 12.83
Switzerland 1 Franc 111.16
Great Britain 1 Pound 164.70
USA 1 Dollar 108.12
Friday, September 04
Mostly sunny. Low 21º C. High 33º C
Saturday, September 05
Afternoon rain. Low 20º C. High 30º C
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