The most comprehensive coverage of business news from Serbia
Issue no. 2466 - Belgrade, Thursday Feb. 23, 2012
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•  Tadic says not optimistic about EU candidacy as Belgrade, Pristina recommence Brussels-mediated dialogue.
•  Contract for designing Serbian section of South Stream expected to be signed “in nearest future,” long-term gas supply deal to be on two billion cubic meters annually, Gazprom says.
•  Source: Serbian government seeks to approach Indian billionaire Lakshmi Mittal in bid to find strategic partner for Smederevo steel maker.
•  Government calls off emergency situation in all but 23 municipalities.


•  Government sets aside additional RSD 500 million for subsidized home lending program.
•  Telenor starts offering landline services to businesses in late January, plans to launch offer for households in H2, company official says.
•  EBRD mulls lending up to EUR 11 million to Subotica to support modernization of city’s wastewater, water supply infrastructure.
•  US-based ATM solutions provider NCR opens remote service support center in Belgrade.
•  TV Avala’s workers end two-month strike, set to resume normal programming, broadcaster says.
•  Wholesale fuel prices go up RSD 2 to RSD 4 per liter.
•  Public road company Putevi Srbije seeks bids for building two more lanes on 10-kilometer Belgrade bypass stretch.
•  Public revenues decline 4.2% in real terms in 2011, with consolidated fiscal deficit at RSD 158.4 billion.
•  Erste Group sees Serbian economy stagnating in 2012, public debt headed for 51.5% of GDP.
•  Tourism revenues jump to some USD 1 billion in 2011, economy minister says.
•  Serbia, Canada ink memorandum on improving Serbia’s cattle breeding.
•  Dinar slumps 0.5% as euro climbs above RSD 109 again.
•  Serbia sells RSD 2.23 billion worth of 24-month T-notes.
•  BSE indexes gain ground as trading tumbles to RSD 32.4 million.

Country Currency Median Exchange rate (CSD)
EU 1 Euro 108.4522
Australia 1 Dollar 88.4097
Canada 1 Dollar 82.6680
Denmark 1 Crown 14.5842
Japan 100 Yen 103.1699
Norway 1 Crown 14.4653
Sweden 1 Crown 12.2668
Switzerland 1 Franc 89.7115
Great Britain 1 Pound 130.2729
USA 1 Dollar 82.0737

Belgrade, Wednesday Feb. 22, 2012
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Thursday, February 23
Partly cloudy. Low -1º C. High 5º C.
Friday, February 24
Mostly cloudy. Low 1º C. High 7º C.
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