The most comprehensive coverage of business news from Serbia
Issue no. 3161 - Belgrade, Thursday Nov. 27, 2014
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•  Securities Commission approves publishing prospectus for Serbia’s first municipal bond public offering, launch could take place in some 10 days.
•  Bogicevic, six other loan fraud suspects held in detention of up to 30 days, as Tax Administration chief says scrutiny of Farmakom MB, related entities ongoing.
•  Rendering business Energo-Zelena’s demands could not be met, would have led to monopoly, line ministry says after company threatens pullout.


•  Economy Ministry sends 19-point memo on rules of operations to public companies.
•  Pensioners’ union association seeks from Constitutional Court to look into announced pension decrease.
•  Croatian daily: Air Serbia mulls launching Split-New York flights via Belgrade in H2 2015.
•  EBRD mulls buying 20% of Austrian Hypo Group’s network of banks, leasing firms in former-Yugoslav countries for up to EUR 50 million.
•  Slovenia’s Petrol opens EUR 5 million regional LPG storage facility in Smederevo.
•  Inovia pharmaceutical industry association adopts code of practice banning members from giving gifts, work materials when promoting drugs for prescription.
•  Construction firms, producers of construction materials “suffered EUR 3.36 billion in damage since 2012” due to delays in adoption of new planning and construction law.
•  Italy’s Toto Holding discusses cooperation possibilities with Serbian construction firms at PKS.
•  Insurers Dunav, Generali “keep travel insurance rates unchanged.”
•  Dinar snaps three-day losing run.
•  Public Debt Administration sells EUR 35.5 million worth of 5-year euro-denominated T-bonds in reopening of August 26 issue.
•  Belgrade stocks gain ground for 4th day.

Country Currency Median Exchange rate (CSD)
EU 1 Euro 120.5307
Australia 1 Dollar 82.4875
Canada 1 Dollar 85.7565
Denmark 1 Crown 16.1960
Japan 100 Yen 82.0104
Norway 1 Crown 14.1816
Sweden 1 Crown 13.0053
Switzerland 1 Franc 100.1751
Great Britain 1 Pound 151.7255
USA 1 Dollar 96.6178

Belgrade, Wednesday Nov. 26, 2014
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Thursday, November 27
Mostly cloudy. Low 0º C. High 5º C.
Friday, November 28
Cloudy. Low 2º C. High 8º C.
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