The most comprehensive coverage of business news from Serbia
Issue no. 3577 - Belgrade, Thursday, Jul 28, 2016
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•  India’s Cadila Pharmaceuticals, Brazil’s EMS, consortium of UK’s Frontier Pharma Limited, Russia’s NPO Petrovax Pharm file bids for strategic partnership with state-owned drug maker Galenika.
•  Increase in pork prices could push up year-on-year inflation to 1.4%-1.6% in July, NBS governor says.
•  Serbia’s financial system stable, NBS to focus on NPL resolution, governor says, as central bank official says NPL overhang could be completely resolved in about six years.
•  Progress in Belgrade-Pristina dialogue condition for opening further chapters of Serbia’s accession talks, Slovak ambassador says.

•  Poll: 30% would vote for Vucic in presidential elections.

•  Revenues on Serbia’s electronic communications market rise 8.3% to RSD 187.6 billion in 2015.
•  Komercijalna Banka’s privatization is strategic goal, but too early to discuss any potential buyer, executive board chairman says.
•  Business analytics provider D&B maintains Serbia’s moderate risk rating, revises up projections of country’s GDP growth in 2016, 2017.
•  Fiscal Council member criticizes local governments over drop in capital investments, increases in public sector salaries.
•  Outgoing tourism minister announces modernization, restructuring of spa resorts.
•  Denmark, Serbia seek to boost economic cooperation.
•  Zastava Inpro again seeks bids for moveable assets needed for trailer production, keeps minimum ask price at EUR 718,300.
•  Government to keep price ceiling on cheapest bread by six more months.
•  Serbian military receives EUR 650,000 worth of rescue boats and GPS receivers under China’s flood relief aid.
•  Dinar inches down.
•  Belgrade stock indexes take gains to 3rd day.

Country Currency Median Exchange rate (CSD)
EU 1 Euro 123.40
Australia 1 Dollar 83.92
Canada 1 Dollar 84.90
Denmark 1 Crown 16.58
Japan 100 Yen 106.33
Norway 1 Crown 13.05
Sweden 1 Crown 12.92
Switzerland 1 Franc 113.25
Great Britain 1 Pound 146.87
USA 1 Dollar 111.48

Belgrade, Thursday, Jul 28, 2016
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Thursday, July 28
Mostly cloudy. Low 20º C. High 30º C.
Friday, July 29
Mostly cloudy. Low 21º C. High 30º C.
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