The most comprehensive coverage of business news from Serbia
Issue no. 3558 - Belgrade, Friday, Jul 01, 2016
Username:   Password:   Go View last issue
Search Executive Database  Go

•  EU again fails to reach consensus on opening chapter 23 of Serbia’s membership negotiations.
•  Government extends import surcharges on milk, certain dairy products “from EU” by another six months, PM’s adviser says.
•  Serbia seeks bids for further 600,000 doses of lumpy skin disease vaccine for cattle.
•  State power utility EPS will have to hike electricity tariffs by 10% if it opts not to slash salary expenses, World Bank country manager says, as acting GM insists EPS’ operations are stable.

•  Dinar on 4-day winning streak against euro as NBS buys EUR 30 million on forex market.
•  Industrial output up 0.9% year-on-year in May.
•  Slovenia’s Mercator expected to complete talks by end-July to sell sporting goods retail chain Intersport ISI to Polish private equity firm Enterprise Investors, portal learns.
•  Telekom Srbija’s shareholder assembly adopts decision to pay RSD 12.3 billion in gross dividends out of 2015 profit.
•  Belgrade airport operator’s shareholder assembly adopts decision to pay RSD 750.9 million in gross dividends out of retained earnings as of end-2015.
•  Three large foreign companies set to create up to 4,000 jobs in Nis, mayor says.
•  European Commission “approves EUR 56 million” for wastewater plant in Nis, talks still under way with investors for Keles regional waste management center, mayor says.
•  Brewer Valjevska Pivara ships first batches of beer to US.
•  Biosimilars for ulcerative colitis, rheumatoid arthritis, Crohn’s disease added to list of state-subsidized drugs, center for improvement of women’s health says.
•  Trade gap narrows 10.9% in US dollars, 10.9% in euros year-on-year in January-May.
•  Footwear maker Beogradska Obuca Uno inks deal to buy Industrija Obuce Beograd for EUR 176,100.
•  Sberbank Srbija issues over 100,000 payment cards in past year.
•  Retail trade grows 4% in constant prices year-on-year in May, drops 3.5% month-on-month.
•  Belgrade stocks gain ground.

Country Currency Median Exchange rate (CSD)
EU 1 Euro 123.28
Australia 1 Dollar 82.88
Canada 1 Dollar 85.73
Denmark 1 Crown 16.57
Japan 100 Yen 108.08
Norway 1 Crown 13.27
Sweden 1 Crown 13.12
Switzerland 1 Franc 113.70
Great Britain 1 Pound 147.97
USA 1 Dollar 111.07

Belgrade, Friday, Jul 01, 2016
Click here to see latest trades.
Friday, July 01
Mostly sunny. Low 20º C. High 33º C.
Saturday, July 02
Mostly sunny. Low 21º C. High 33º C.
advertise with ussubmit your company's press release