The most comprehensive coverage of business news from Serbia
Issue no. 3460 - Belgrade, Tuesday, Feb 09, 2016
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•  Central bank intervenes on buy side for first time in 2016 as dinar takes gains to third day.
•  Austrian foreign minister arrives in Belgrade as part of Western Balkan tour focused on finding ways to stem migrant influx.
•  KPMG’s due diligence shows copper miner RTB must cut monthly expenses for salaries by USD 1.1 million, energy by USD 1 million, materials by USD 300,000, GM says.
•  Belgrade mayor says not to step down, capital’s municipal elections to be held in spring.

•  UN war crimes tribunal requests Seselj’s presence at rendering of verdict, possibly to be held by March 31, but Serbia has to take into account “overall stability,” official says.
•  Anti-Corruption Council member says public should be told what is going on with state news agency Tanjug.

•  Signing of contract on Smederevo steel maker’s privatization with Chinese investor can be expected in second half of April, supervisory board member says.
•  VOICE: Commission for protection of rights in public procurement procedures instructs state power utility EPS to again review bids to supply equipment for thermal power plant TENT B.
•  Spain’s Rubau wins bid to build remainder of access roads in New Belgrade to Ada Ciganlija bridge, daily learns.
•  MK Group owner says interested in increasing stake in Slovenia’s Gorenjska Banka, expanding to banking markets of Montenegro, Croatia.
•  Retailer Mercator expects to generate EUR 2.6 billion in revenues in 2016, 35.7% of which in Serbia.
•  PKS applying new law on out-of-court financial restructuring as institutional mediator.
•  SEE rail cluster’s founding conference to be held in Belgrade tomorrow.
•  15 Serbian firms exhibiting at Prodexpo food fair in Russia’s capital.
•  Furniture maker Ergomade seeks land free of charge from Nis to build facility in investment of up to EUR 1.5 million.
•  Bus operator Lasta’s terminal to be relocated to New Belgrade during summer, daily learns.
•  Belgrade stocks snap four-day losing streak.
•  BSE indexes end lower last week.

Country Currency Median Exchange rate (CSD)
EU 1 Euro 122.32
Australia 1 Dollar 76.77
Canada 1 Dollar 78.23
Denmark 1 Crown 16.38
Japan 100 Yen 95.13
Norway 1 Crown 12.70
Sweden 1 Crown 12.92
Switzerland 1 Franc 110.72
Great Britain 1 Pound 157.31
USA 1 Dollar 109.14
Tuesday, February 09
Partly cloudy. Low 9º C. High 19º C
Wednesday, February 10
Rain. Low 12º C. High 16º C
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