News report of 05.09.2008

* Bosnia *

Bosnian Bourse Indices Slump, Sarajevo Turnover Rises Sep 05, 2008, 16:27 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), September 5 (SeeNews) - The main indices on Bosnia’s two stock exchanges slumped this week reflecting world market trends, as turnover on the Sarajevo bourse rose more than five times, a broker said on Friday. link

CORRECTED - UK-based EFT Gets Final Nod To Build 410-MW Coal-fired Power Plant in Bosnia Sep 05, 2008, 15:49 CET | Story | SeeNews In BANJA LUKA story “UK-based EFT Gets Final Nod To Build 410-MW Coal-fired Power Plant in Bosnia” dated August 20, please read in the fifth paragraph: ”In March 2008, EFT signed an exclusivity agreement with SNC Lavalin for the preparation of a Final Technical and Commercial Proposal for engineering, procurement and construction of the Stanari thermal power plant. Award of the EPC contract is expected in early 2009.” instead of "French engineering company Alstom will be the contractor to build the plant that will burn lignite from the adjacent Stanari coal mine. EFT owns 76% of the mine and the remainder is owned by the Serb Republic government." (corrects company name, nature of business relations with EFT). link

Bosnia’s Nova Banka To Be Offered for Sale Sep 05, 2008, 11:28 CET | Story | SeeNews BANJA LUKA (Bosnia and Herzegovina), September 5 (SeeNews) – Shareholders of Bosnian commercial bank Nova Banka have agreed to sell a 81.28% stake in the bank, Nova Banka said in a filing to the Banja Luka Stock Exchange. link

Bosnia Schedule of Events - Sept 5-Nov 20 Sep 05, 2008, 09:59 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), September 5 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Bosnia and Herzegovina through November 20. New or amended entries are marked (*). link

* Bulgaria *

Austria’s Bramac Bulgarian Unit To Produce 10 Mln Roof Tiles at New Factory in 2008 Sep 05, 2008, 17:31 CET | Story | SeeNews STOLNIK (Bulgaria), September 5 (SeeNews) - The Bulgarian unit of Austrian-based roof systems manufacturer Bramac expects to produce 10 million roof tiles this year at its brand new production facility in Bulgaria, a company official said on Friday. link

Bulgarian Stocks Plunge on Global Falls Sep 05, 2008, 17:15 CET | Story | SeeNews SOFIA (Bulgaria), September 5 (SeeNews) - The Bulgarian stock indices tumbled in higher volumes on Friday tracking losses on global markets, brokers said. link

Bulgaria’s H1 General Insurance Market Grows 21.4% Y/Y Sep 05, 2008, 13:26 CET | Story | SeeNews SOFIA (Bulgaria), September 5 (SeeNews) - The premium income of Bulgaria’s 20 general insurers rose by 21.4% on the year to 723.3 million levs ($536 million/376.3 million euro) in the first half of 2008, the country’s financial regulator said on Friday. link

Eurohold Bulgaria Group To Raise Stake in Macedonian Insurer via 1.42 Mln Euro Cap Hike Sep 05, 2008, 12:18 CET | Story | SeeNews SOFIA (Bulgaria), September 5 (SeeNews) – Financial and industrial group Eurohold Bulgaria said on Friday it will raise its stake in Macedonian insurer Evroins Osiguruvanje, former Makosped Osiguruvanje, to 91.4% from 83.25%, via a 1.42 million euro ($2.0 million) capital hike. link

Bulgaria’s Petrol Maintains 2008 Profit Target, Sees Drop in 2009 Sep 05, 2008, 11:59 CET | Story | SeeNews SOFIA (Bulgaria), September 5 (SeeNews) - Bulgarian fuel retailer Petrol maintains its net profit target of 150 million levs ($111.2 million/78 million euro) for 2008 but expects its earnings to drop to around 25 million levs next year in the absence of one-off financial income, a senior company official said on Friday. link

Finland’s Amer Sports Buys Assets of Bulgarian Ski Maker for 5.0 Mln Euro Sep 05, 2008, 11:07 CET | Story | SeeNews SOFIA (Bulgaria), September 4 (SeeNews) - Finnish sports goods manufacturer Amer Sports said on Friday it has acquired assets of Bulgaria’ Pamporovo Ski for some 5.0 million euro ($7.2 million), aiming to ensure its leadership in ski manufacturing. link

FFBH - Bulgaria Morning Update - Sept 5, 2008 Sep 05, 2008, 10:57 CET | Broker’s Report | SeeNews MARKET WRAP-UP link

Bulbrokers - Stock Market Daily Review - Sept 5, 2008 Sep 05, 2008, 10:49 CET | Broker’s Report | SeeNews Weak US Labor Data Sunk The American Indices link

Bulbrokers - Daily FX Analysis - Sept 5, 2008 Sep 05, 2008, 10:48 CET | Broker’s Report | SeeNews The Dollars weak against the yen on reducing risk aversion link

Elana - Bulgaria Daily Report - Sept 4, 2008 Sep 05, 2008, 10:08 CET | Broker’s Report | SeeNews Market Highlights link

Bulgaria Schedule of Events - Sept 5 - Nov 25 Sep 05, 2008, 09:13 CET | Story | SeeNews SOFIA (Bulgaria), September 5 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Bulgaria through November 25. New or amended entries are marked (*). link

Bulgarian Stock Exchange - Daily Bulletin, Selected Announcements - Sept 4, 2008 Sep 05, 2008, 09:11 CET | Specialists Reports | SeeNews Druzhba Staklarski Zavodi AD-Sofia /4DR/ submitted to X3 News the following information:The Company announces herewith, that its capital has been increased by virtue of a decision of the General Meeting of Shareholders dated 14 May 2008. Every shareholder who has acquired shares till 28 May 2008 shall be entitled to obtain seven more newly issued shares, as the depository receipts are available at:- The seat of the company in Sofia, 1 Prof. Ivan Georgov, floor 1, office 3, contact person, Ivanka Petrova, tel. +359 2/ 9216 591 and- In Plovdiv, 15 Georgi Benev St., floor 2, office 10, contact person, Maya Stankova, tel. +359 32/ 908 512.The depository receipts may be obtained in person, by presenting a personal identity card or a written authorisation, authenticated by a notary, plus a personal identity card.The entire notification is posted on link link

Bulgarian Stock Exchange - Daily Report - Sept 4, 2008 Sep 05, 2008, 09:02 CET | Specialists Reports | SeeNews The Bulgarian Stock Еxchange has published its report on turnover and prices for September 4, 2008. link

* Croatia *

Croatian Bourse To Add Dj Dj Holding, Polymers Producer Dioki, Retailer Konzum to Crobex Index, Drops Five Shares Sep 05, 2008, 18:30 CET | Story | SeeNews ZAGREB (Croatia), September 5 (SeeNews) - Croatia’s Zagreb Stock Exchange said on Friday it will add to its Crobex index of the most traded shares the ordinary shares of holding company Djuro Djakovic Holding, polymers producer Dioki and retailer Konzum, and will drop the stock of five other companeis. link

Croatian Equity Indices Drop Further, Shadow Global Markets Sep 05, 2008, 18:11 CET | Story | SeeNews ZAGREB (Croatia), September 5 (SeeNews) - The Croatian stock market fell further on Friday shadowing huge losses on global markets, analysts said. link

Croatian Agrokor Launches Buyout Bid for Zitnjak Sep 05, 2008, 17:20 CET | Story | SeeNews ZAGREB (Croatia), September 5 (SeeNews) – Croatian food concern Agrokor said on Friday it has launched a bid to buy the 48.08% of shares of food retailer and wholesaler Zitnjak that Zitnjak’s subsidiary, bakery Mlinar, does not already own, at a price of 858.06 kuna ($172/120 euro) per share. link

Croatian Bureau of Statistics - Average Monthly Paid Off Earnings of Persons in Employment by Accounting Periods - H1 2008 Sep 05, 2008, 17:11 CET | State Agencies Reports | SeeNews In the first half-year of2008, an average monthly paid off net earning per person in employment in legal entities amounted to 5 073 kuna while in the second half-year of 2007 it was 4 904 kuna, which represented the nominal increase of 3.4% and the real decrease of 0.7%, as compared to the second half-year of 2007. link

Croatia’s Agrokor Places Buyout Bid for Milling and Bakery Company Mlinar at 1,379.9 kuna ($277.3/193.1 euro)/Share Sep 05, 2008, 16:06 CET | Story | SeeNews ZAGREB (Croatia), September 5 (SeeNews) - Croatian privately-owned food concern Agrokor on Friday said it has placed a buyout bid for local milling and bakery company Mlinar, offering to pay 1,379.9 kuna per share. link

Croatia August New Car Sales Fall 17.2% Y/Y Sep 05, 2008, 13:54 CET | Story | SeeNews ZAGREB (Croatia), September 5 (SeeNews) - New passenger car sales in Croatia fell to 5,224 vehicles in August from 6,307 a year earlier, local market research agency Promocija Plus said on Friday. link

Croatian Shipyard Kraljevica Delivers 10.1 Mln Euro ($14.5 million) Ferry to UK-based Wightlink - Media Sep 05, 2008, 12:00 CET | Story | SeeNews ZAGREB (Croatia), September 5 (SeeNews) - Croatian majority state-owned shipyard Kraljevica has delivered a ferry worth $10.1 million euro ($14.5 million ) to the UK ferry services operator Wightlink, Croatian daily Vjesnik reported on Friday. link

Erste Securities - Croatian Equity Daily - Sept 5, 2008 Sep 05, 2008, 10:51 CET | Broker’s Report | SeeNews Highlights: link

Croatia’s July Retail Sales Rise Real 12.8% M/M - Table Sep 05, 2008, 09:49 CET | Story | SeeNews ZAGREB (Croatia), September 5 (SeeNews) - Croatia’s July retail sales rose by a real 12.8% month-on-month, after falling by a monthly 0.8% in June, the State Statistics Bureau said on Friday. link

Croatia Schedule of Events - Sept 5 - Oct 15 Sep 05, 2008, 09:40 CET | Story | SeeNews ZAGREB (Croatia), September 5 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Croatia through October 15. New or amended entries are marked (*). link

FIMA Stock Monitor - Daily Report - Sept 4, 2008 Sep 05, 2008, 08:42 CET | Broker’s Report | SeeNews Daily comment: link

Croatian Equity Indices Slide in Low Liquidity Sep 04, 2008, 19:04 CET | Story | SeeNews ZAGREB (Croatia), September 4 (SeeNews) - The Croatian stock market on Thursday slid deeper into negative territory, posting one of the year’s lowest turnovers as trading remained lacklustre, analysts said. link

* Macedonia *

Macedonian Airport Operator Threatens to Refuse Service to MAT Fleet Over Debts Sep 05, 2008, 18:26 CET | Story | SeeNews SKOPJE (Macedonia), September 5 (SeeNews) – Macedonian airport operator Aerodromi na Makedonija will suspend all services to flag carrier MAT within five days if it fails to repay a debt of 42 million denars ($976,700/685,300 euro), business web portal Total reported on Friday. link

Macedonia’s July Construction Projects Value Nearly Triples M/M - Table Sep 05, 2008, 17:30 CET | Story | SeeNews SKOPJE (Macedonia) September 5 (SeeNews) – The estimated value of construction projects covered by building permits issued in Macedonia in July nearly tripled month-on-month to 5.365 billion denars ($125.2 million/87.8 million euro), country’s statistics office said on Friday. link

Macedonian Power Producer ELEM Eyes Electricity Price Hike Sep 05, 2008, 17:15 CET | Story | SeeNews SKOPJE (Macedonia), September 5 (SeeNews) – Macedonian electricity producer AD ELEM said on Friday it will ask the country’s power regulator to approve a 34% rise of the electricity price to enable safe electricity supply. link

Macedonian Blue Chip Index Falls Slightly, Bonds Boosts Turnover Sep 05, 2008, 15:57 CET | Story | SeeNews SKOPJE (Macedonia), September 5 (SeeNews) - The Macedonian Stock Exchange’s blue chip index (MBI) fell slightly this week, with turnover boosted by trading of state bonds, a broker said on Friday. link

Macedonia Schedule of Events September 5 - Nov 14 Sep 05, 2008, 10:59 CET | Story | SeeNews SKOPJE (Macedonia), September 5 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Macedonia through November 14. New or amended entries are marked (*) link

Macedonian Stock Exchange - Daily Report - Sept 4, 2008 Sep 05, 2008, 08:59 CET | Specialists Reports | SeeNews The Macedonian Stock exchange has published its daily report on turnover and prices for September 4, 2008. link

* Romania *

Romania’s Oradea Water Utility Invites Bids for Water/Sewerage Network Extension Project Sep 05, 2008, 17:53 CET | Story | SeeNews BUCHAREST (Romania), September 5 (SeeNews) - The water utility of the western Romanian city of Oradea has invited bids for the extension of its water and wastewater network under a bigger project financed by a loan from the European Bank for Reconstruction and Development (EBRD), the bank said on Friday. link

Wine-maker Murfatlar Romania Sees ’08 Crop, Output Up More than 30% Y/Y Sep 05, 2008, 17:28 CET | Story | SeeNews BUCHAREST (Romania), September 5 (SeeNews) – Wine-maker Murfatlar Romania said on Friday it expects its grape crop and wine production to rise by more than 30% this year thanks to payoff from investments, favourable climate, and a new crop from replanted wineyards. link

Romanian Stocks Plunge in Panic Selling, Blue-Chips Dominate Sep 05, 2008, 17:04 CET | Story | SeeNews BUCHAREST (Romania), September 5 (SeeNews) - The Romanian stock market extended losses for a third consecutive day on Friday amidst investor panic, mirroring negative sentiment on the global scene, and three of the blue-chip stocks dominated trading, brokers said. link

UPDATE 1 - Romanian Leu Ends Above 3.6-per-Euro Mark Sep 05, 2008, 17:03 CET | Story | SeeNews (adds closing figures) link

EIB Mulls Lending Up to 1.0 Bln Euro to Romania To Support Infrastructure Development Sep 05, 2008, 15:05 CET | Story | SeeNews BUCHAREST (Romania), September 5 (SeeNews) - The European Investment Bank (EIB) said it is considering lending up to 1.0 billion euro ($1.42 billion) to Romania to support infrastructure projects in the European Union member. link

Romanian Leu Hits 3.6-per-Euro Mark on Risk Aversion Sep 05, 2008, 14:37 CET | Story | SeeNews BUCHAREST (Romania), September 5 (SeeNews) - Romania’s leu on Friday hit the 3.6-per-euro mark in midday trading on growing risk aversion towards the emerging markets in the region, dealers said. link

U.S. Intelsat, Romania’s RCS&RDS Sign Video Distribution Expansion Deal Sep 05, 2008, 13:56 CET | Story | SeeNews BUCHAREST (Romania), September 5 (SeeNews) – U.S. commercial satellite services provider Intelsat and Romanian telecommunications group RCS&RDS signed a multi-year, multi-transponder expansion contract for capacity at the 1º West video distribution platform, Intelsat said. link

Romanians’ Loan Arrears Total 1.76 Bln Lei (487.3 Mln Euro) at End-July, Up 120% Y/Y - C-Bank Sep 05, 2008, 13:05 CET | Story | SeeNews BUCHAREST (Romania), September 5 (SeeNews) - Romanians owed local banks almost 1.76 billion lei ($694 million/487.3 million euro) in loan arrears at the end of July, 120% up from the year-ago period, central bank (BNR) data showed on Friday. link

Romanian City of Bacau Launches 18-Yr Municipal Bonds Worth 35 Mln Lei (9.7 Mln Euro) Sep 05, 2008, 12:07 CET | Story | SeeNews BUCHAREST (Romania), September 5 (SeeNews) - The northeastern Romanian city of Bacau launched on Friday an 18-year bond issue to raise 35 million lei ($13.8 million/9.7 million euro) for city projects, the issue arranger Raiffeisen Capital & Investment (RCI) said. link

Romanian National Bank - Financial Behaviour of Households and Companies by County - July 2008 Sep 05, 2008, 11:10 CET | State Agencies Reports | SeeNews The National Bank of Romania (BNR) has released its monthly report on the financial behaviour of households and companies by county for July 2008. link

Ieba Trust - Romanian Market Daily - Sept 4, 2008 Sep 05, 2008, 10:54 CET | Broker’s Report | SeeNews Financial-banking sector generated 87.76% of the Regular market daily turnover link

Raiffeisen Capital & Investment - Investment Daily Romania - Sept 5, 2008 Sep 05, 2008, 10:06 CET | Broker’s Report | SeeNews In the news link

Romania’s 8-Mo Consolidated Budget Revenue Rises 33.25% Sep 05, 2008, 09:48 CET | Story | SeeNews BUCHAREST (Romania), September 5 (SeeNews) - Romania’s consolidated budget revenue rose by 33.25% year-on-year to 101.48 billion lei ($41.46 billion/28.57 billion euro) in the first eight months of 2008, the Finance and Economy Ministry reported. link

Romanian River Port Operator Romportmet H1 Net Profit Falls 60% - Table Sep 05, 2008, 09:16 CET | Story | SeeNews BUCHAREST (Romania), September 5 (SeeNews) - Romanian Danube river port operator Romportmet, majority owned by global concern Mittal Steel, on Thursday reported a 60% year-on-year drop to 8.25 million lei ($3.37 million/2.3 million euro) in its first-half net profit, as costs doubled. link

Bucharest Stock Exchange - Daily Report - RASDAQ Market - Sept 4, 2008 Sep 05, 2008, 09:14 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its daily RASDAQ market report for September 4, 2008. link

Raiffeisen Capital & Investment - Corporate Events - Sept 8 - 14, 2008 Sep 05, 2008, 09:13 CET | Broker’s Report | SeeNews Raiffeisen Capital & Investment has released its schedule of corporate events for the week September 8-14, 2008. link

Romania Schedule of Events - Sept 5 - Nov 11 Sep 05, 2008, 09:13 CET | Story | SeeNews BUCHAREST (Romania), September 5 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Romania through November 11. New or amended entries are marked (*). link

Bucharest Stock Exchange - Daily Report - Regulated Market - Sept 4, 2008 Sep 05, 2008, 09:11 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its daily report on trading volumes and prices on the regulated market for September 4, 2008. link

Romania’s July Construction Works Value Rises 4.4% M/M, Up 29.2% Y/Y - Table Sep 05, 2008, 09:10 CET | Story | SeeNews BUCHAREST (Romania), September 5 (SeeNews) - The value of construction works completed in Romania in July rose in real terms by 4.4% month-on-month and was 29.2% higher than a year earlier, the country’s statistics board, INS, said on Friday. link

Romania’s Jan-July Industrial Output Rises 5.8% Y/Y - Table Sep 05, 2008, 09:07 CET | Story | SeeNews BUCHAREST (Romania), September 5 (SeeNews) - Romania’s industrial output rose by 5.8% year-on-year in the first seven months of 2008, the National Statistics Institute (INS) said on Friday. link

Bucharest Stock Exchange - Monthly Bulletin - RASDAQ Market - Aug 2008 Sep 05, 2008, 09:06 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its monthly bulletin on trading volumes and prices on the RASDAQ market for August 2008. link

ROMANIA’S JAN-JULY INDUSTRIAL OUTPUT RISES 5.8% - STATS BOARD Sep 05, 2008, 09:05 CET | Alert | SeeNews link

* Serbia *

Serbia Ranks Local Company Minel Trafo First in Tender for Power Transformer Manufacturer Sep 05, 2008, 17:03 CET | Story | SeeNews BELGRADE (Serbia), September 5 (SeeNews) – Serbia ranked local company Minel Trafo first among five bidders for the sale of 70% of the country’s power transformer manufacturer and maintenance operator Minel Transformatori, the Privatisation Agency said on Friday. link

Serbian Share Indices Fall Further in Rising Volumes Sep 05, 2008, 15:54 CET | Story | SeeNews BELGRADE (Serbia), September 5 (SeeNews) - The shares on the Belgrade Stock Exchange (BELEX) fell further on Friday in rising turnover but investors showed weak interest, brokers said. link

Statistical Office of Serbia - Indices of Producers’ Prices of Manufactured Products - Aug 2008 Sep 05, 2008, 15:13 CET | State Agencies Reports | SeeNews The Statistical Office of the Republic of Serbia has released its monthly report on indices of producers’ prices of manufactured products for August 2008. link

National Bank of Serbia - Composition of Foreign Exchange Inflow and Outflow from Tourism - January - June 2008 Sep 05, 2008, 14:11 CET | State Agencies Reports | SeeNews The National Bank of Serbia (NBS) has released its monthly reports on composition of foreign exchange inflow and outflow from tourism for June 2008 and the first half of 2008. link

National Bank of Serbia - Weighted Average Interest Rates on Securities Used in Open Market Operations - Aug 2008 Sep 05, 2008, 13:55 CET | State Agencies Reports | SeeNews The National Bank of Serbia (NBS) has released its monthly report on weighted average interest rates on securities used in open market operations of the National Bank of Serbia for August 2008. link

Serbia’s Vojvodina Province Says Dutch Grundfos Interested in Opening Factory There Sep 05, 2008, 13:43 CET | Story | SeeNews BELGRADE (Serbia), September 5 (SeeNews) – Dutch industrial pump manufacturer Grundfos is interested in opening a factory in the northern Serbian province of Vojvodina, the head of the region’s government said. link

National Bank of Serbia - Inflation Report - Aug 2008 Sep 05, 2008, 13:39 CET | State Agencies Reports | SeeNews I. Overview link

National Bank of Serbia - NBS Lending and Deposit Interest Rates - Aug 2008 Sep 05, 2008, 13:38 CET | State Agencies Reports | SeeNews The National Bank of Serbia (NBS) has published its monthly report on lending and deposit interest rates for August 2008. link

National Bank of Serbia - Press Conference of Governor Jelasic - Inflation Report - Aug 2008 Sep 05, 2008, 13:37 CET | State Agencies Reports | SeeNews Inflation Report - August 2008 link

National Bank of Serbia - Financial Leasing Supervision Report - Q2 2008 Sep 05, 2008, 12:18 CET | State Agencies Reports | SeeNews The National Bank of Serbia (NBS) has published its quarterly financial leasing supervision report for the second quarter of 2008. link

Sinteza Investment Group - Daily Market Wrap Up - Sept 4, 2008 Sep 05, 2008, 11:07 CET | Broker’s Report | SeeNews Sinteza Investment Group has released its daily trading report for September 4, 2008. The report contains an overview of the Serbian Financial market. link

Serbia Schedule of Events - Sept 5 - Dec 30 Sep 05, 2008, 09:52 CET | Story | SeeNews BELGRADE (Serbia), September 5 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Serbia through December 30. New or amended entries are marked (*). link

Vojvodjanska Banka - Daily Vobnews - Sept 5, 2008 Sep 05, 2008, 09:45 CET | Broker’s Report | SeeNews Vojvodjanska banka released its Daily Vobnews report for September 5, 2008 containing the following charts and tables: link

Belgrade Stock Exchange - Daily Report - Sept 4, 2008 Sep 05, 2008, 09:16 CET | Specialists Reports | SeeNews The Belgrade Stock exchange has published its daily report on trading volumes and prices for September 4, 2008. link

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