News report of 31.07.2008

* Albania *

Albania Sells 11.1 Bln Leks in T-Bills, To Auction Another 6.2 Bln Leks in T-Bills on Tuesday Jul 31, 2008, 15:30 CET | Story | SeeNews TIRANA (Albania), July 31 (SeeNews) - Albania’s central bank said on Thursday it sold 11.1 billion leks ($140 million/90.3 million euro) in six- and twelve-month treasury bills in auctions held two days ago and that it will auction 6.2 billion leks in three-month securities on August 5. link

Bank of Albania - Balance of Payments Bulletin - 2007 Jul 31, 2008, 13:20 CET | State Agencies Reports | SeeNews Bank of Abania has published its annual bulletin on balance of payments for 2007. link

Bank of Albania - Catalogue of Publications - 2007 Jul 31, 2008, 13:19 CET | State Agencies Reports | SeeNews ForewordThe catalogue of publications of the Bank of Albania for 2007 is a summary of periodical and non-periodical publications and reports, other publications that are prepared for commercial banks, various institutions and individuals, and for the public at large inside and outside the country.The distribution of these publications is free of charge, according to a list that includes the public administration, commercial banks, different institutions and whoever is interested in having them. link

* Bosnia *

Bosnia’s Telekom Srpske H1 Net Profit Rises 45% - Table Jul 31, 2008, 16:21 CET | Story | SeeNews BANJA LUKA (Bosnia and Herzegovina), July 31 (SeeNews) - Bosnia’s Telekom Srpske, majority-owned by Serbia’s state-controlled Telekom Srbija, reported on Thursday a first-half net profit of 52.51 million marka ($41.94 million/26.87 million euro), up from 36.21 million marka a year ago, as revenue rose faster than costs. link

Federal Office of Statistics of Bosnia and Herzegovina - Consumer Price Index (Vol. 2) - 2005/2006 Jul 31, 2008, 14:21 CET | State Agencies Reports | SeeNews Volume 2. Data Management link

Federal Office of Statistics of Bosnia and Herzegovina - Consumer Price Index (Vol. 1) - 2005/2006 Jul 31, 2008, 14:19 CET | State Agencies Reports | SeeNews Volume 1. Methodology and Results link

Central Bank of Bosnia and Herzegovina - Export of Goods - June 2008 Jul 31, 2008, 13:17 CET | State Agencies Reports | SeeNews Central Bank of Bosnia and Herzegovina has issued its monthly report on the country’s exports of goods by country, by tariff section and by tariff chapters for June 2008. link

Central Bank of Bosnia and Herzegovina - Exports and Imports of Goods on Balance-of-payments Base - June 2008 Jul 31, 2008, 13:15 CET | State Agencies Reports | SeeNews Central Bank of Bosnia and Herzegovina (CBBH) has issued its monthly report on the country’s exports and imports of goods on balance-of-payments base for June 2008. link

Central Bank of Bosnia and Herzegovina - Import of Goods - June 2008 Jul 31, 2008, 13:13 CET | State Agencies Reports | SeeNews Central Bank of Bosnia and Herzegovina (CBBH) has issued its monthly reports on the country’s import of goods by countries, by tariff section and by tariff chapters for June 2008. link

Turkish Airlines To Bid for Bosnian BH Airlines – Bosnian Govt Jul 31, 2008, 11:35 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), July 31 (SeeNews) – Turkish Airlines plans to table a bid for 49% of Bosnian air carrier BH Airlines after expressing interest in the privatisation of the company in February, the government of Bosnia’s Muslim-Croat Federation said on Thursday. link

Bosnia Schedule of Events - July 31 - Nov 20 Jul 31, 2008, 10:00 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), July 31 (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 *

Bulgargaz Says To Maintain Gas Supplies to Debt-Laden Kremikovtzi Steel Mill Jul 31, 2008, 18:13 CET | Story | SeeNews SOFIA (Bulgaria), July 31 (SeeNews) – State-owned Bulgargaz said on Thursday it will not halt gas supplies to Bulgaria’s largest steel mill Kremikovtzi, which faces insolvency, on August 1 as threatened. link

Romanian Tights Producer Adesgo Plans to Enter Bulgaria, Serbia, Ukraine in 2009 Jul 31, 2008, 17:54 CET | Story | SeeNews SOFIA (Bulgaria), July 31 (SeeNews) – Romanian tights producer Adesgo plans to enter neighbouring Bulgaria, Serbia and Ukraine in 2009, a company official said on Thursday. link

Bulgarian N-Plant Kozloduy Plans to Complete Construction of 50 Mln Euro Spent Fuel Storage Facility by 2010 Jul 31, 2008, 17:09 CET | Story | SeeNews SOFIA (Bulgaria), July 31 (SeeNews) - Bulgaria’s sole nuclear power plant Kozloduy plans to complete the construction of a storage facility for spent nuclear fuel worth close to 50 million euro ($78 million) by 2010, an official of the plant said on Thursday. link

Bulgarian Car Battery Manufacturer MonBat To Launch up to 0.295% Share Buyback on Friday Jul 31, 2008, 17:06 CET | Story | SeeNews SOFIA (Bulgaria), July 31 (SeeNews) - Bulgarian blue-chip car battery manufacturer MonBat on Thursday said it will launch a buyback of up to 0.295% of its share capital on Friday to support the stocks’ price amid a negative market trend. link

S&P Keeps Bulgarian-American Credit Bank on CreditWatch Positive Jul 31, 2008, 16:46 CET | Story | SeeNews SOFIA (Bulgaria), July 31 (SeeNews) - Global rating agency Standard & Poor’s said on Thursday its ’BB’ long-term and ’B’ short-term counterparty credit ratings on Bulgarian-American Credit Bank (BACB) remain on CreditWatch with positive implications. link

Bulgarian Bourse Indices End Lower, Liquid Stocks Gain on Portfolio Restructuring Jul 31, 2008, 15:52 CET | Story | SeeNews SOFIA (Bulgaria), July 31 (SeeNews) – Bulgarian stock indices ended lower on Thursday in a continuing downward trend but the most liquid stocks closed higher on end-month portfolio restructuring, brokers said. link

Bulgaria Gets 46.5 Mln Euro in Donations for Energy Efficiency Projects after N-Plant Reactor Closure Jul 31, 2008, 15:49 CET | Story | SeeNews SOFIA (Bulgaria), July 31 (SeeNews) - Bulgaria received on Thursday 46.5 million euro ($72.6 million) in donors’ aid for energy projects aimed at reducing the energy intensity of the country’s economy after the early closure of two reactors at its sole nuclear power plant Kozloduy. link

UPDATE 1 - Bulgarian Stock Exchange Blocks Trading in Aroma Shares in Compliance with Injunction Order Jul 31, 2008, 15:00 CET | Story | SeeNews (adds comment from the stock exchange and the financial regulator) link

Cinema City Intl To Pay 18 Mln Euro To Raise Stakes in Two Bulgarian Mall Developers Jul 31, 2008, 14:37 CET | Story | SeeNews SOFIA (Bulgaria), July 31 (SeeNews) – Cinema City International (CCI), part of Israeli cinema operator I.T. International Theaters, on Thursday said it has agreed to pay 18 million euro ($28.1 million) to its partner Ocif Eastern Europe to raise its stakes in two Bulgarian developers of shopping centres. link

National Bank of Greece’s Bulgarian Unit Raises H1 Net Profit 46% - Table Jul 31, 2008, 14:32 CET | Story | SeeNews SOFIA (Bulgaria), July 31 (SeeNews) – The United Bulgarian Bank (UBB), majority-owned by the National Bank of Greece, reported on Thursday a 46% rise in its net profit for the first half of the year to 112.3 million levs ($89 million/57 million euro). link

Bulgarian Anti-trust Regulator Gives Go-ahead to Allied Irish Banks To Buy 49.99% of Bulgarian-American Credit Bank Jul 31, 2008, 13:50 CET | Story | SeeNews SOFIA (Bulgaria), July 31 (SeeNews) - Bulgarian anti-trust watchdog on Thursday gave the go-ahead to Allied Irish Banks (AIB) to acquire a 49.99% stake in blue-chip Bulgarian-American Credit Bank (BACB). link

Bulgarian Stock Exchange Blocks Trading in Aroma Shares in Compliance with Injunction Order Jul 31, 2008, 13:33 CET | Story | SeeNews SOFIA (Bulgaria), July 31 (SeeNews) – The Bulgarian Stock Exchange (BSE) on Thursday said it suspended trading in shares of local cosmetics maker Aroma in compliance with an injunction order. link

Bulbrokers - Daily FX Analysis - July 31, 2008 Jul 31, 2008, 13:23 CET | Broker’s Report | SeeNews Economic data supported the US dollar, but sunk the euro link

Bulbrokers - USA Stock Markets Daily Review - July 31, 2008 Jul 31, 2008, 13:22 CET | Broker’s Report | SeeNews U.S. stocks extended their gains link

Greece’s Eurobank EFG Bulgarian Unit Raises H1 Net Profit 78.5% - Table Jul 31, 2008, 13:15 CET | Story | SeeNews SOFIA (Bulgaria), July 31 (SeeNews) – Eurobank EFG Bulgaria, majority-owned by Greece’s Eurobank EFG group, raised its net profit for the first half of the year by 78.5% to 35.7 million euro ($55.5 million), Eurobank EFG said. link

Elana - BSE Highlights - July 31, 2008 Jul 31, 2008, 11:30 CET | Broker’s Report | SeeNews The stock market was more than 3% down during the first half of the session. Most stocks posted visible losses and the main reasons for the broad sell-off were several weak financial reports. Lead & Zink Complex lost 15% after the announcement of negligible profit for the quarter. Orgachim slumped 13% due to the persistent selling pressure and despite the fact that the company showed better profitability during the second quarter and 20% increase of sales. Sopharma disappointed the market although the monthly announced results already pointed to a weak quarter. Chimport and its subsidiaries were also down. Small caps were mixed – speculators are withdrawing their bid offers, which contributed to the increased volatility. link

FFBH - Bulgaria Morning Update - July 31, 2008 Jul 31, 2008, 11:24 CET | Broker’s Report | SeeNews MARKET WRAP-UP link

Bulgarian Telco Group BTC H1 Uncons Net Profit Falls 24% Y/Y, H1 Cons Net Profit Slumps 58% Y/Y - Table Jul 31, 2008, 11:19 CET | Story | SeeNews SOFIA (Bulgaria), July 31 (SeeNews) - Bulgarian telecommunications group BTC on Thursday said its first-half unconsolidated net profit fell by 24% on the year to 106 million levs ($84.6 million/54.2 million euro), while its consolidated net profit fell by 58% to 30.1 million levs. link

Bulgarian Blue-Chip Paint Maker Orgachim CEO Resigns - Media Jul 31, 2008, 10:18 CET | Story | SeeNews SOFIA (Bulgaria), July 31 (SeeNews) - The chief executive officer of Bulgaria’s largest paint and varnish manufacturer Orgachim, Ivan Sokolov, has resigned, local media reported on Thursday. link

Bulgarian Stock Exchange - Daily Report - July 30, 2008 Jul 31, 2008, 10:11 CET | Specialists Reports | SeeNews The Bulgarian Stock exchange has published its report on turnover and prices for July 30, 2008. link

Bulgarian Stock Exchange - Daily Bulletin, Selected Announcements - July 30, 2008 Jul 31, 2008, 10:10 CET | Specialists Reports | SeeNews Slantse Stara Zagora Tabac AD-Stara Zagora /3JO/ announces that Stefan Ivanov Slavov has been discharged from the position of an Investor Relations Director of the company as from 23.06.2008.The entire notification is available on link link

Elana - Bulgaria Daily Report - July 30, 2008 Jul 31, 2008, 10:01 CET | Broker’s Report | SeeNews Market Highlights link

Bulgaria Schedule of Events - July 31 - Nov 25 Jul 31, 2008, 09:27 CET | Story | SeeNews SOFIA (Bulgaria), July 31 (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

Sweden’s MTG Says To Buy Bulgaria’s Nova TV for 620 Mln Euro Jul 31, 2008, 09:18 CET | Story | SeeNews SOFIA (Bulgaria), July 31 (SeeNews) - Swedish media group Modern Times Group (MTG) said on Thursday it has signed an agreement to acquire 100% of Bulgaria’s Nova TV for 620 million euro ($967.8 million) from Greece’s Antenna Group. link

Bulgarian Cosmetics Maker Aroma H1 Net Profit Falls 28% - Table Jul 31, 2008, 09:10 CET | Story | SeeNews SOFIA (Bulgaria), July 31 (SeeNews) – Bulgarian cosmetics producer Aroma’s net profit fell 28% to 1.688 million levs ($1.3 million/862,300 euro) as costs grew faster than revenue, the company said. link

Pharmaceuticals Producer Bulgarian Rose-Sevtopolis H1 Net Profit Falls 75% - Table Jul 31, 2008, 09:07 CET | Story | SeeNews SOFIA (Bulgaria), July 31 (SeeNews) – Bulgarian pharmaceuticals producer Bulgarian Rose-Sevtopolis’s net profit for the first half of the year fell 75% to 163,000 levs($130,100/83,300 euro) as costs grew faster than revenue, the company said. link

UPDATE 1 – Bulgaria’s Environment Ministry Grants Canadian Mining Co Dundee Approval for $155-$160 Mln Project Jul 30, 2008, 19:01 CET | Story | SeeNews (adds details) link

* Croatia *

UPDATE 1 - Croatia Trims 2008 GDP Forecast, Raises Inflation Outlook Jul 31, 2008, 18:39 CET | Story | SeeNews (adds analyst) link

Erste Bank’s Croatian Unit H1 Net Profit Rises 31.9% Y/Y - Table Jul 31, 2008, 17:17 CET | Story | SeeNews ZAGREB (Croatia), July 31 (SeeNews) - The Croatian unit of Austria’s Erste Bank reported on Thursday a non-consolidated unaudited net profit of 360.9 million kuna ($78 million/50 million euro) for the first half of 2008, up 31.9% from a year earlier. link

Croatia Trims 2008 GDP Forecast, Raises Inflation Outlook Jul 31, 2008, 16:59 CET | Story | SeeNews ZAGREB (Croatia), July 31 (SeeNews) – The Croatian government has trimmed its real gross domestic product (GDP) growth forecast for this year to 4.4% from 4.5% amid a deteriorating foreign economic environment, and lifted its average inflation forecast to 6.6% from 5.2%. link

Croatian Electricity Company HEP Turns to Net Loss in H1 - Table Jul 31, 2008, 15:55 CET | Story | SeeNews ZAGREB (Croatia), July 31 (SeeNews) - Croatian state-owned electricity company Hrvatska Elektroprivreda (HEP) turned to a net loss of 110.3 million kuna ($23.8 million/ 15.2 million euro) in the first half of 2008 from a net profit of 16.3 million kuna in the same period last year. link

CROATIA’S GOVT SAYS RAISES 2008 AVERAGE INFLATION FCAST TO 6.6% FROM 5.2% Jul 31, 2008, 15:43 CET | Alert | SeeNews link

Croatia’s H1 Trade Gap Widens to 5.9 Bln Euro from 4.9 Bln Euro Yr-Ago – Stats Office Jul 31, 2008, 15:29 CET | Story | SeeNews ZAGREB (Croatia), July 31 (SeeNews) - Croatia’s trade gap in the first half of 2008 widened to 5.9 billion euro ($9.2 billion) from 4.9 billion euro a year earlier, the State Statistics Bureau said on Thursday. link

CROATIA’S GOVT SAYS CUTS 2008 GDP GROWTH FCAST TO REAL 4.4% FROM 4.5% Jul 31, 2008, 15:27 CET | Alert | SeeNews link

Croatia’s Dom Holding Turns to H1 Net Loss - Table Jul 31, 2008, 15:00 CET | Story | SeeNews ZAGREB (Croatia), July 31, 2008 (SeeNews) – Croatian holding company Dom Holding reported a net loss of 28.1 million kuna ($6.1 million/3.8 million euro) in the first half of 2008 versus a net profit of 65.3 million kuna a year earlier, as revenue dropped sharply. link

CROATIA’S H1 TRADE GAP WIDENS TO 5.9 BLN EURO FROM 4.9 BLN EURO YR-AGO - STATS OFFICE Jul 31, 2008, 14:41 CET | Alert | SeeNews link

General Information on Croatia - Monthly Bulletin - July 2008 Jul 31, 2008, 14:21 CET | State Agencies Reports | SeeNews General Information on Croatia has released its monthly statistical bulletin for July 2008. link

Croatian Bureau of Statistics - Foreign Trade in Goods of the Republic of Croatia - Provisional Data - Jan - June 2008 Jul 31, 2008, 11:53 CET | State Agencies Reports | SeeNews According to the provisional data, in the period from January to June 2008, the total export of the Republic of Croatia amounted to 33 464 million kuna. At the same time, the import was 76 361 million kuna. The foreign trade deficit amounted to 42 897 million kuna.In the period from January to June 2008, the export amounted to 7 053, import to 16 107 and foreign trade deficit to 9 055 million US dollars.In the period from January to June 2008, the export amounted to 4 603 million euro and import to 10 504 million euro, while foreign trade deficit amounted to 5 901 million euro.The coverage of import by export was 43.8%. link

Croatia Fails To Attract Bids in Tenders for Spa, Market Operators Jul 31, 2008, 11:02 CET | Story | SeeNews ZAGREB (Croatia), July 31 (SeeNews) – Croatia failed to attract bidders in two tenders for the privatisation of majority stakes in debt-laden spa operator Bizovacke Toplice and market operator Regionalna Veletrznica Benkovac at a token price of one kuna, the government’s asset-selling agency HFP said on Thursday. link

Erste Securities - Croatian Equity Daily - July 31, 2008 Jul 31, 2008, 10:54 CET | Broker’s Report | SeeNews Highlights: link

Croatia’s Podravka Group H1 Net Profit Rises 3% Jul 31, 2008, 10:44 CET | Story | SeeNews ZAGREB (Croatia), July 31 (SeeNews) – Croatian blue-chip food, beverages and drugs producer Podravka reported on Thursday a group net profit of 23 million kuna ($5.0 million/3.2 million euro) for the first half of 2008, up 3% on the year. link

FIMA Stock Monitor - Daily Report - July 30, 2008 Jul 31, 2008, 10:21 CET | Broker’s Report | SeeNews Daily comment:Quarterly results release market today’s trading on Zagreb Stock Exchange with 31st July deadline for non-consolidated reports. Although Co’s reported mostly improved business results popular benchmark added only 0,1% today. Fertilizer produce Kutina based Petrokemija (PTKM-R-A) registered jump in sales and profits, driven with upraised prices of its products (twice this year). Q2 sales increased by 63,4% to HRK 819,5 million, as domestic and foreign sales gave their contribution to this growth. Operating income rocketed from 1,2 m HRK in Q2 2007 up to HRK 69,3 million and corresponsive margin amounted to 8,5%. EBITDA increased by 258,9% yoy to HRK 94,3 million and EBITDA margin more than doubled to 11,5%. Net income amounted to HRK 69,4 million (Q2 2007: - 0,6 m HRK) while Q2 and cumulative earnings per share amounted to HRK 20,8 and 12,2 respectively. This huge improvement didn’t left investors lukewarm and PTKM share soared by 3,5% collecting 3,7 m HRK in turnover. Port operator Luka Ploce (LKPC-R-A) didn’t have such a impressive Q2 performance like in Petrokemija’s case, but it was also on its track. Sales rose by 37,5% to HRK 49,7 million vs. 36,2 m HRK in Q2 2007. Operating income is higher by 50% yoy, while EBITDA rose by 40,5% to HRK 13,3 million. Net income amounted to HRK 10,7 million or up by 41,5% yoy. Q2 earnings per share amounted to HRK 48,0 while cumulative EPS is at HRK 93,7. Luka Ploce today gained 9,1% on 0,7 m HRK turnover. Despite BDI’s 0,5% decline to 8.388 pts, Atlantska plovidba (ATPL-R-A) experienced 1,7% gain, as Company announced launching of its 53k dwt Supramax newbuilding. This is first launching of three Supramax new building that Co ordered in Vietnamese shipyard Ha Long. Atlantska plovidba publishes consolidated reports and its deadline to announce Q2 results is August, 15th. Top liquid issue, oil company Ina (INA-R-A) today slipped 0,1% collecting total turnover of HRK 9,1 million. link

CROATIA’S PODRAVKA GROUP SAYS H1 NET PROFIT UP 3% Y/Y TO 23 MLN KUNA (3.2 MLN EURO) Jul 31, 2008, 10:17 CET | Alert | SeeNews link

Croatia Schedule of Events - July 31 - Oct 14 Jul 31, 2008, 09:08 CET | Story | SeeNews ZAGREB (Croatia), July 31 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Croatia through October 14. New or amended entries are marked (*). link

Croatian Equity Indices End Slightly Changed in Low Liquidity Despite Inflow of Corporate Results Jul 30, 2008, 19:16 CET | Story | SeeNews ZAGREB (Croatia), July 30 (SeeNews) - The Croatian equity indices ended slightly changed on Wednesday and liquidity stayed low as even an inflow of corporate results failed to draw the market out of its lull, analysts said. The release of quarterly and first-half results marked today’s trading on the Zagreb Stock Exchange as July 31 is the deadline by which the companies should file their non-consolidated reports, an analyst with Fima Fas consultancy said. link

Croatian Bank PBZ H1 Non-Cons Unaudited Net Profit Rises 0.4% Jul 30, 2008, 19:15 CET | Story | SeeNews ZAGREB (Croatia), July 30 (SeeNews) - Croatia’s second largest bank by assets, Privredna Banka Zagreb (PBZ), reported on Wednesday a non-consolidated unaudited net profit of 631.5 million kuna ($138 million/87 million euro) for the first half of 2008, up from 628.9 million kuna a year earlier. link

Croatia Osiguranje H1 Cons Net Profit Drops 41% Y/Y - Impacted By Bearish Equity Mkt Jul 30, 2008, 18:51 CET | Story | SeeNews ZAGREB (Croatia), July 30 (SeeNews) - Croatia’s top insurer by premium income Croatia Osiguranje reported on Wednesday a fall in first-half consolidated, unaudited net profit to 61.9 million kuna ($13.5 million/8.6 million euro), sharply down from 106.7 million kuna a year earlier amid bearish equity market sentiment. link

* Macedonia *

Macedonian Government To Lower Company Contribution Rate for Pension and Health Insurance Jul 31, 2008, 18:24 CET | Story | SeeNews SKOPJE (Macedonia), July 31 (SeeNews) - Macedonia’s government said on Thursday it will gradually lower the contributions for pension and health insurance that firms are paying for their workers by 6.2% and 3.2%, respectively by 2011. link

Macedonian Farming Company ZK Pelagonija Bitola H1 Prelim Net Profit Falls 76% - Table Jul 31, 2008, 14:37 CET | Story | SeeNews SKOPJE (Macedonia), July 31 (SeeNews) - Macedonian farming company ZK Pelagonija AD on Thursday reported a first-half preliminary net profit of 41.054 million denars ($1.04 million/667,400 euro), down by 76% from a year earlier. link

MACEDONIAN FARMING COMPANY ZK PELAGONIJA BITOLA SAYS H1 PRELIM NET PROFIT FALLS 76.2% Y/Y TO 41.054 MLN DENARS (667,400 EURO) Jul 31, 2008, 14:26 CET | Alert | SeeNews link

Macedonian Stock Exchange - Daily Report - July 30, 2008 Jul 31, 2008, 10:13 CET | Specialists Reports | SeeNews The Macedonian Stock exchange has published its report on turnover and prices for July 30, 2008. link

Macedonia Schedule of Events July 31 - Nov 14 Jul 31, 2008, 09:49 CET | Story | SeeNews SKOPJE (Macedonia), July 31 (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

* Moldova *

Russia’s Inter RAO UES Takes Full Control of Moldovan Power Plant MoldGRES Jul 31, 2008, 11:10 CET | Story | SeeNews CHISINAU (Moldova), July 31 (SeeNews) – Russian electricity trader Inter RAO UES took full control of the Moldovan power plant MoldGRES after it bought a 49% stake in the company for $163 million (104.4 million euro), the buyer said on Thursday. link

Moldova Stock Exchange - Daily Report - July 30, 2008 Jul 31, 2008, 10:19 CET | Specialists Reports | SeeNews The Moldova Stock exchange has published its daily report on trading volumes and prices for July 30, 2008. link

Moldova Schedule of Events - July 31 - Oct 8 Jul 31, 2008, 09:59 CET | Story | SeeNews CHISINAU (Moldova), July 31 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Moldova through October 8. New or amended entries are marked (*) link

* Montenegro *

Statistical Office of Montenegro - Household Budget Survey - 2007 Jul 31, 2008, 14:17 CET | State Agencies Reports | SeeNews Household Budget Survey 2007 Methodological explanation link

New Securities Exchange of Montenegro - Daily Report - July 30, 2008 Jul 31, 2008, 10:20 CET | Specialists Reports | SeeNews The New Securities exchange of Montenegro (NEX) has published its daily report on trading volumes and prices for July 30, 2008. link

Montenegro Schedule of Events - July 31 - Oct 23 Jul 31, 2008, 09:54 CET | Story | SeeNews PODGORICA (Montenegro), July 31 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Montenegro through October 23. New or amended entries are marked (*). link

* Romania *

UPDATE 2-Romania’s C-Bank Raises Key Rate to 10.25% from 10.00%, Analysts Surprised Jul 31, 2008, 17:39 CET | Story | SeeNews (Adds analyst comments, forecasts) link

Ford To Set Up Sales, Marketing Company in Romania Jul 31, 2008, 17:35 CET | Story | SeeNews BUCHAREST (Romania), July 31 (SeeNews) - Ford Europe on Thursday said it plans to set up a company in Romania that will take over the marketing, sales and service activities for Ford vehicles starting August 2010, as sales in the new EU member are rising. link

Romanian Bourse Indices Fall After Weaker-than-Expected US Growth Data Jul 31, 2008, 17:15 CET | Story | SeeNews BUCHAREST (Romania), July 31 (SeeNews) - The indices of the Bucharest Stock Exchange, BVB, fell on Thursday, following the lead of international markets, which dropped on disappointment at lower-than-expected U.S. economy growth figures, brokers said. link

UPDATE 1 - Romanian Leu Races to 2008 High vs Euro on C-Bank Rate Hike Jul 31, 2008, 17:03 CET | Story | SeeNews (Adds details, closing figures) link

Romania’s Banca Transilvania To Offer to Employees Shares Unsubscribed for in Capital Hike Jul 31, 2008, 16:45 CET | Story | SeeNews BUCHAREST (Romania), July 31 (SeeNews) - Romanian blue-chip bank Banca Transilvania said on Thursday it will offer to its employees the shares that remained unsubscribed for during the second step of a 448.6 million lei ($198 million/127 million euro) capital hike. link

Romanian Pharmacy Chain Help Net Farma H1 Turnover Rises 40% Y/Y Jul 31, 2008, 16:35 CET | Story | SeeNews BUCHAREST (Romania), July 31 (SeeNews) - Romanian pharmacy chain Help Net Farma on Thursday said its first-half turnover rose by 40% on the year to 32 million euro ($49.8 million), almost half of the 68 million euro projected for the entire 2008. link

UPDATE 1-Romania’s C-Bank Raises Key Rate to 10.25% from 10.00% Jul 31, 2008, 16:31 CET | Story | SeeNews (Adds details, quotes) link

Romanian Falcon Electronics Sees 2008 Turnover Rising 30% from 14.3 Mln Euro in 2007 Jul 31, 2008, 16:13 CET | Story | SeeNews BUCHAREST (Romania), July 31 (SeeNews) - Romanian importer and distributor of automobile electronic equipment Falcon Electronics on Thursday said it sees its turnover rising by 30% this year from 14.3 million euro ($22.2 million) in 2007. link

Orange Romania H1 Revenue Rises 8.8% Y/Y to 321 Mln Euro Jul 31, 2008, 14:44 CET | Story | SeeNews BUCHAREST (Romania), July 31 (SeeNews) - The Romanian mobile phone operator of France Telecom’s Orange said on Thursday its first-half revenue rose by 8.8% on the year to 321 million euro ($501 million). link

Romanian Ancodom To Invest 14 Mln Euro in Two Residential Projects in Brasov Jul 31, 2008, 14:18 CET | Story | SeeNews BUCHAREST (Romania), July 31 (SeeNews) - Romanian real estate firm Ancodom on Thursday said it has started the development of two residential projects worth 14 million euro ($21.8 million) in Brasov, central Romania. link

Romanian Leu Races to 2008 High vs Euro on C-Bank Rate Hike Jul 31, 2008, 14:13 CET | Story | SeeNews BUCHAREST (Romania), July 31 (SeeNews) - Romania’s currency, the leu, on Thursday hit its highest level against the euro in seven months, after the country’s central bank announced earlier in the day a 25 basis points hike in its key interest rate to 10.25%. link

Raiffeisen Capital & Investment - Macro Romania - BNR Unexpectedly Hikes Interest Rate by 25 Bps - July 31, 2008 Jul 31, 2008, 13:24 CET | Broker’s Report | SeeNews Central Bank has unexpectedly hiked the interest rate by 25 bps link

Romania’s C-Bank Raises Key Rate to 10.25% from 10.00% Jul 31, 2008, 12:00 CET | Story | SeeNews BUCHAREST (Romania), June 31 (SeeNews) - Romania’s central bank, BNR, said on Thursday it decided to raise its key interest rate to 10.25% from 10.00% as of August 1. link

ROMANIA C-BANK SAYS RAISES KEY INTEREST RATE TO 10.25% FROM 10.00% Jul 31, 2008, 11:55 CET | Alert | SeeNews link

Vodafone Romania Adds Three Cities to 3G Network Jul 31, 2008, 11:54 CET | Story | SeeNews BUCHAREST (Romania), July 31 (SeeNews) - The Romanian unit of British wireless giant Vodafone has launched third-generation (3G) broadband services in another three cities, bringing its coverage to a total of 86, it said on Thursday. link

Romania’s Libra Bank Raises Capital by 26.8 Mln Lei (7.6 Mln Euro) Jul 31, 2008, 11:38 CET | Story | SeeNews BUCHAREST (Romania), July 31 (SeeNews) - Romania’s Libra Bank said on Thursday, it has raised its capital by 26.8 million lei ($11.8 million/7.6 million euro) to 132.3 million lei to support expansion of its operations. link

Romanian Institute of Statistics - Trends in the Evolution of Economic Activity - July - Sept 2008 Jul 31, 2008, 11:26 CET | State Agencies Reports | SeeNews General trends link

Romanian National Bank - Developments on Romanian Financial Markets - July 21 - 25, 2008 Jul 31, 2008, 11:24 CET | State Agencies Reports | SeeNews The National Bank of Romania (BNR) has released its weekly report on the developments on the local financial markets for the week July 21 - 25, 2008. link

Ieba Trust - Romanian Market Daily - July 30, 2008 Jul 31, 2008, 11:00 CET | Broker’s Report | SeeNews The highest daily increases for all BSE indices since July 17 link

Raiffeisen Capital & Investment - Investment Daily Romania - July 31, 2008 Jul 31, 2008, 10:27 CET | Broker’s Report | SeeNews In the news link

Bucharest Stock Exchange - Daily Report - Regulated Market - July 30, 2008 Jul 31, 2008, 10:02 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its report on trading volumes and prices on the regulated market for July 30, 2008. link

Bucharest Stock Exchange - Daily Report - RASDAQ Market - July 30, 2008 Jul 31, 2008, 10:01 CET | Specialists Reports | SeeNews Bucharest Stock exchange has published its RASDAQ daily market report for July 30, 2008. link

Greece’s Eurobank EFG Romanian Unit H1 Net Profit More than Triples Y/Y Jul 31, 2008, 09:54 CET | Story | SeeNews BUCHAREST (Romania), July 31 (SeeNews) - Greece’s Eurobank EFG group on Thursday said the first-half net profit of its Romanian unit, Bancpost, more than tripled on the year to 23.5 million euro ($36.56 million). link

Romanian Water Bottler Apemin Tusnad H1 Gross Profit Falls 41% Y/Y Jul 31, 2008, 09:25 CET | Story | SeeNews BUCHAREST (Romania), July 31 (SeeNews) - Romanian water bottler Apemin Tusnad said on Thursday its gross profit for the first half of the year fell by an annual 41% to some 1.25 million lei ($550,700/354,000 euro), due to heavy investments. link

Romania Schedule of Events - July 31 - Sept 26 Jul 31, 2008, 09:07 CET | Story | SeeNews BUCHAREST (Romania), July 31 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Romania through September 26. New or amended entries are marked (*). link

* Serbia *

Serbian Stocks Mostly Fall in Higher Volumes Jul 31, 2008, 17:33 CET | Story | SeeNews BELGRADE (Serbia), July 31 (SeeNews) - Shares on the Belgrade Stock Exchange (BELEX) mostly fell on Thursday in higher turnover driven by trade in household appliances manufacturer Alfa Plam and bakery Zitopek, brokers said. link

Serbia Calls Tender for Sale of Majority Stake in Flag Carrier JAT Airways Jul 31, 2008, 15:16 CET | Story | SeeNews BELGRADE (Serbia), July 31 (SeeNews) – Serbia’s Privatisation Agency on Thursday launched a tender for the sale of 51% of its flag carrier JAT Airways setting a minimum price of 51 million euro ($80 million), with a possibility to raise the offered stake. link

Serbia’s July Retail Prices Rise 0.1% M/M, Up 11.6% Y/Y - Table Jul 31, 2008, 14:19 CET | Story | SeeNews BELGRADE (Serbia), July 31 (SeeNews) - Serbia’s retail prices rose by 0.1% month-on-month in July after rising by a monthly 1.0% in June, the country’s statistics office said on Thursday. link

Sinteza Investment Group - Daily Market Wrap Up - July 30, 2008 Jul 31, 2008, 10:56 CET | Broker’s Report | SeeNews Sinteza Investment Group has released its daily trading report for July 30, 2008. The report contains an overview of the Serbian Financial market. link

Greece’s EFG Eurobank Serbian Unit More than Doubles H1 Net Profit to 17.7 Mln Euro Jul 31, 2008, 10:56 CET | Story | SeeNews BELGRADE (Serbia), July 31 (SeeNews) - Greece’s Eurobank EFG said on Thursday its Serbian subsidiary, Eurobank EFG Stedionica, more than doubled its first-half net profit to 17.7 million euro ($27.6 million) from 7.9 million euro a year ago. link

Vojvodjanska Banka - Daily Vobnews - July 31, 2008 Jul 31, 2008, 10:55 CET | Broker’s Report | SeeNews Vojvodjanska banka released its Daily Vobnews report for July 31, 2008 containing the following charts and tables: link

Serbia Schedule of Events - July 31 - Dec 30 Jul 31, 2008, 09:59 CET | Story | SeeNews BELGRADE (Serbia), July 31 (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

Belgrade Stock Exchange - Daily Report - July 30, 2008 Jul 31, 2008, 09:58 CET | Specialists Reports | SeeNews The Belgrade Stock exchange has published its daily report on trading volumes and prices for July 30, 2008 link

* Slovenia *

Slovenian Stock Indices Rise Further Jul 31, 2008, 17:58 CET | Story | SeeNews LJUBLJANA (Slovenia), July 31 (SeeNews) - Slovenian stock indices rose for a fourth day running on Thursday reaching their highest level in the past month, brokers said. link

UPDATE 1 - Slovenia’s July CPI Rises 6.9% Y/Y Jul 31, 2008, 14:49 CET | Story | SeeNews (adds comment) link

Slovenia’s Top Insurer Triglav Places Buyout Bid for Financial Company Triglav Nalozbe at 2.40 Euro/Share Jul 31, 2008, 12:15 CET | Story | SeeNews LJUBLJANA (Slovenia), July 31 (SeeNews) - Slovenia’s largest insurer Zavarovalnica Triglav offers 2.40 euro ($3.7) per share in a buyout bid for local financial company Triglav Nalozbe, the insurer said on Thursday. link

Slovenia’s Top Insurer Zavarovalnica Triglav Gets Regulatory Nod for Bourse Listing Jul 31, 2008, 11:32 CET | Story | SeeNews LJUBLJANA (Slovenia), July 31 (SeeNews) - Slovenia’s market regulator has given the green light to the country’s largest insurer Zavarovalnica Triglav to list its shares on the Ljubljana Stock Exchange (LJSE), the insurer said on Thursday. link

Slovenia’s July CPI Rises 6.9% Y/Y – Table Jul 31, 2008, 10:46 CET | Story | SeeNews LJUBLJANA (Slovenia), July 31 (SeeNews) - Slovenia’s July consumer price index (CPI), calculated under the EU methodology, rose by 6.9% year-on-year and remained unchanged from a month earlier, the country’s Statistics Office said on Thursday. link

SLOVENIA’S JULY CPI REMAINS FLAT M/M, RISES 6.9% Y/Y VS. +0.9% M/M, +6.8% Y/Y IN JUNE – STATS OFFICE Jul 31, 2008, 10:35 CET | Alert | SeeNews link

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