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Telekom Srpska Profit EUR 39.5mn

18:49 07:43 | broj komentara 0

Telekom Srpska closed 2006 with a net profit of EUR 39.5 mn. An unaudited financial report of the company shows this was EUR 1.7mn short of the end-of-year balance in 2005.

World Bank Invests in Kosovo Thermal Plant

11:23 17:48 | broj komentara 0

The World Bank handed EUR 5.5mn to the Kosovo Electric Energy Corporation to remove ash from their thermal plants.

Cuprom Signs RTB Bor Purchase Deal

15:16 07:43 | broj komentara 0

Romanian company Cuprom is set to a sign a US$ 400 mn worth RTB Bor purchase deal today.

EUR 300 mn Invested in Indjija

13:41 07:43 | broj komentara 0

EUR 300mn of foreign direct investments poured into Indjija during the past three years, which has created 2,000 new jobs in this northern Serbian town.

Investments Trickle into Montenegro

13:38 07:43 | broj komentara 0

Montenegro has not been very successful in attracting foreign investments during the past ten years, managing to draw in a modest EUR 1.3 bn during this time.

First companies on Official BSE Listing

13:15 07:43 | broj komentara 0

Belgrade's Energoprojekt Holding and Pirot-based tyre producer Tigar from southern Serbia are candidates to become the first Serbian companies officially listed on the Belgrade Stock Exchange (BSE) in a month's time.

ESI: Serbia Lagging Behind Neighbours in Textile Industry

13:17 07:43 | broj komentara 0

The Serbian textile industry is lagging behind countries in the region.

Brussels: Fresh Penalties for Microsoft?

15:52 15:56 | broj komentara 0

Microsoft has not changed its policies even after the EUR 497mn fine imposed in 2004, Brussels says.

Another Record-Breaking Year for Audi

15:54 15:56 | broj komentara 0

Last year Audi sold 905,188 vehicles worldwide, while plans for 2008 include one million sold cars.

Unexpected Losses Hit Deutsche Telekom

15:56 | broj komentara 0

Deutsche Telekom ended the first trimester of 2006 with the first loss in the past several years.

New Way of Determining Official Exchange Rate as of March 5

11:54 15:56 | broj komentara 0

As of Monday, March 5, the official Serbian dinar (RSD) exchange rate will be determined at the start of each working day based on hard currency trading in the overall hard currency market achieved the previous day, the National Bank of Serbia (NBS) has s

ComTrade AMD’s Official Distributor

11:55 15:56 | broj komentara 0

Serbia’s IT company ComTrade has announced it had signed a contract with AMD, becoming the chipmaker’s official distributor for South-Eastern Europe.

Nautical Salon 2007

11:56 15:56 | broj komentara 0

The 29th International Nautical Fair will take place at the Belgrade Fair grounds between March 8 and 10, 2007.

Telenor Introduces Mobile Broadband

11:56 15:56 | broj komentara 0

One of Serbia’s mobile telephony operators, Telenor, has enabled the commercial use of its 3G mobile broadband technology.

Mercator Posts EUR 30mn in Profits

11:58 15:56 | broj komentara 0

Slovenia’s Mercator retailer has posted net profits of EUR 30.1mn last year, a 17.8 percent above projections.

January Budget Surplus at EUR 405mn

12:28 | broj komentara 0

Serbia’s budget surplus stood at EUR 405mn at the end of January, the Ministry of Finance public finances bulletin says.

Romanian Cuprom Denied Lower Price for RTB Bor

11:50 17:19 | broj komentara 0

The Serbian government has not allowed the Romanian Cuprom to acquire Mining and Smelting Basin Bor (RTB Bor) at a price lower than the original offered in the tender procedure, Minister for International Economic Relations Milan Parivodic said.

Jat Airways Profits at EUR 3.8mn

11:51 17:19 | broj komentara 0

Serbia’s national airliner, Jat Airways, says it made EUR 3.8mn profit in 2006.

Komercijalna Bank Achieves Largest Stock Market Capitalization

11:52 17:19 | broj komentara 0

The largest market capitalization in the Belgrade Stock Exchange has been achieved by the financial mediation sector, while the sector leader remains Komercijalna Bank, with majority domestic ownership, and EUR 671.7mn, the Stock Exchange January report s

Wal-Mart Expands Chinese Operations

11:53 17:19 | broj komentara 0

The global retail leader, American Wal-Mart, has bought 35 percent of one of China’s largest supermarket chains, Trust-Mart.

NIS Wants Fuel Prices Changed More Often

16:45 | broj komentara 0

Oil Industry of Serbia (NIS) will propose that the government changes its Act on the Formation of Oil Derivates Prices, which would allow for the fuel prices in Serbia to be changed more often.

Foreign Pharmaceutical Companies Establish Association

16:46 | broj komentara 0

International pharmaceutical companies operating in Serbia have on Tuesday signed an agreement on intentions to form an association that will promote habits and activities improving people’s health and quality of living.

Serbia’s First Investment Fund Operational

16:26 17:25 | broj komentara 0

Serbia’s first investment fund, Delta Plus, has started operating, with the main task of investing clients’ securities minimizing risks and maximizing profits.

Investing in Russian Real Estate

16:13 17:25 | broj komentara 0

When it comes to real estate investment, Russia remains the most attractive Eastern and Central European country.

Lafarge Profits at EUR 1.3bn

16:09 17:25 | broj komentara 0

The world’s leading cement manufacturer the French Lafarge has posted a net profit of EUR 1.3bn last year.

Serbian and U.S. Power Prices Equal

16:08 17:25 | broj komentara 0

Serbs pay approximately as much as American consumers when it comes to the price of electric power, Dr. Zorana Z. Mihajlovic Milanovic write.

NIS in Urgent Need of New Owner

12:45 17:25 | broj komentara 0

The decision to postpone the privatization of the Oil Industry of Serbia (NIS), until the formation of the new government could cost this company dearly.

Lucrative Gas Station Business

12:43 17:25 | broj komentara 0

The price of a gas station goes from EUR 500,000 to EUR 1.5mn, while their value can be returned in six months’ profits, Maja Badjin of AVIA Petrobart, a company supplying a large number of gas stations, told Blic daily.

Banking Fair in Belgrade

12:39 17:25 | broj komentara 0

The International Banking, Equipment and Services Fair, Bank Expo 07, opens on Monday at the Belgrade Fair, and will last through February 28.

Raiffeisen Investment Fund License in March

12:38 17:25 | broj komentara 0

Member of the Raiffeisen Bank’s executive board in Serbia Zoran Petrovic said he expected the bank’s investment fund to be issued a license to operate by the end of March.

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