Countries:

* Bosnia *

INTERVIEW - Further Privatisation of Two Bosnian Telcos Expected by End-2009 at Earliest - Bourse Chairman Nov 12, 2008, 17:09 CET | Interview | SeeNews SOFIA (Bulgaria), November 12 (SeeNews) - The Sarajevo bourse expects the further privatisation of the two telecoms companies based in Bosnia’s Muslim-Croat Federation to take place through the stock exchange by the end of next year at the earliest, a senior Sarajevo Stock Exchange (SASE) executive said. link

Bosnia, Intl Donors Launch $7.0 Mln Anti-Bird Flu Project Nov 12, 2008, 14:03 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), November 12 (SeeNews) – Bosnia and international donor organisations on Wednesday launched a $7.0 million (5.5 million euro) project to minimise the threat from bird flu in the country, the World Bank said. link

Bosnia’s Federation Offers for Sale Trade & Services Firm Kemos Nov 12, 2008, 11:04 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), November 12 (SeeNews) – Bosnia’s Muslim-Croat Federation has invited bids for 100% of its trading and services company Kemos, asking a minimum price of 4.18 million marka ($2.7 million/2.1 million euro), it said. link

Bosnia Schedule of Events – Nov 12-Jan 9 Nov 12, 2008, 10:03 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), November 12 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Bosnia and Herzegovina through January 9. New or amended entries are marked (*). link

* Bulgaria *

Bulgarian Stocks Plunge on Economic Downturn Fears Nov 12, 2008, 17:15 CET | Story | SeeNews SOFIA (Bulgaria), November 12 (SeeNews) - Bulgarian stocks extended their losses in thin volumes on Wednesday on concerns that the country’s economy could be headed for a more severe slowdown than was feared, brokers said. link

Kraft Foods To Close Romania Factory by End-2009, Seeks To Consolidate Bulgaria Operations Nov 12, 2008, 16:42 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - U.S. food giant Kraft Foods said on Wednesday it plans to close its chocolate factory in the Romanian town of Brasov by the end of next year and to consolidate its operations in Bulgaria. link

Telekom Austria’s Bulgarian Unit 9-Mo Operating Income Falls 1.2% Y/Y Nov 12, 2008, 15:02 CET | Story | SeeNews SOFIA (Bulgaria), November 12 (SeeNews) - Telekom Austria’s Bulgarian wireless unit, Mobiltel, had a 1.2% drop in its nine-month operating income to 160.9 million euro ($201.6 million) on lower EBITDA and higher depreciation and amortisation charges in the third quarter, the parent company said on Wednesday. link

Raiffeisenbank Bulgaria 9-mo After-tax Profit Rises 53% Nov 12, 2008, 11:30 CET | Story | SeeNews SOFIA (Bulgaria), November 12 (SeeNews) – Raiffeisenbank Bulgaria, part of Austrian banking group Raiffeisen Zentralbank Oesterreich (RZB), said on Wednesday it raised its after-tax profit by 53% to 110.3 million levs ($72 million/56.2 million euro) in the nine months through September. link

Bulgaria’s Maritsa East Coal Mines Likely To Call Tender for Thermal Power Plant Construction in Q1 ’09 - Media Nov 12, 2008, 11:22 CET | Story | SeeNews SOFIA (Bulgaria), November 12 (SeeNews) - Bulgaria’s largest coal mining and electricity generation complex Maritsa East is expected to call at the end of the first quarter of 2009 a tender for the construction of a power plant to be fed by the mine, local media reported on Wednesday. link

UPDATE 1 - Bulgaria’s October Consumer Price Inflation Slows to 0.5% M/M Nov 12, 2008, 10:37 CET | Story | SeeNews (adds details) link

Bulgaria’s October Consumer Price Inflation Slows to 0.5% M/M - Table Nov 12, 2008, 10:21 CET | Story | SeeNews SOFIA (Bulgaria), November 12 (SeeNews) - Bulgaria’s consumer prices rose 0.5% month-on-month in October, after rising by a monthly 1.1% in September, the National Statistics Office said on Wednesday. link

BULGARIA’S OCT HARMONISED CPI +0.1% M/M, +11.2% Y/Y VS +0.9% M/M, +11.4% Y/Y IN SEPT- STATS OFFICE Nov 12, 2008, 10:10 CET | Alert | SeeNews link

BULGARIA’S OCT CPI +0.5% M/M, +10.9% Y/Y VS +1.1% M/M, +11% Y/Y IN SEPT - STATS OFFICE Nov 12, 2008, 10:08 CET | Alert | SeeNews link

FFBH - Bulgaria Morning Update - Nov 12, 2008 Nov 12, 2008, 09:58 CET | Broker’s Report | SeeNews MARKET WRAP-UP link

Bulgaria Schedule of Events - Nov 12 - Nov 28 Nov 12, 2008, 08:55 CET | Story | SeeNews SOFIA (Bulgaria), November 12 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Bulgaria through November 28. New or amended entries are marked (*). link

Bulgarian Stock Exchange - Daily Bulletin, Selected Announcements - Nov 11, 2008 Nov 12, 2008, 07:49 CET | Specialists Reports | SeeNews CB Economic & Investment Bank AD-Sofia /5EC/ submitted to X3 News the following information:On 10.11.2008, the Bank has registered with the Commercial Register to the Registry Agency two new branches, one in the town of Silistra and one in the town of Razgrad.The entire notification is available on link link

Bulgarian Stock Exchange - Daily Report - Nov 11, 2008 Nov 12, 2008, 07:47 CET | Specialists Reports | SeeNews The Bulgarian Stock Еxchange has published its report on turnover and prices for November 11, 2008. link

* Croatia *

Croatian Share Indices Lose Further Ground in Thin Liquidity Nov 12, 2008, 17:38 CET | Story | SeeNews ZAGREB (Croatia), November 12 (SeeNews) - The equity indices of the Zagreb Stock Exchange lost around three percent on Wednesday as liquidity remained low, an analyst said. link

Croatia’s Tehnika Cons Unaudited 9-Mo Net Profit Rises 14% Y/Y - Table Nov 12, 2008, 14:21 CET | Story | SeeNews ZAGREB (Croatia), November 12 (SeeNews) - Croatian construction company Tehnika reported on Wednesday a consolidated unaudited net profit of 26.9 million kuna ($4.8 million/3.8 million euro) for the first nine months of 2008, up from 23.6 million kuna a year earlier. link

Croatian C-Bank Approves 76.3% of Bids in Revrepo Auction, Weighted Rate Up Nov 12, 2008, 12:59 CET | Story | SeeNews ZAGREB (Croatia), November 12 (SeeNews) - The Croatian central bank on Wednesday said it approved bids for Treasury bills worth 4.105 billion kuna ($719 million/574 million euro), out of all bids worth 5.377 billion kuna placed in a reverse repo auction. link

Croatia’s End-Aug Foreign Debt Rises 13.8% Y/Y - RBA Nov 12, 2008, 12:03 CET | Story | SeeNews ZAGREB (Croatia), November 12 (SeeNews) - Croatia’s foreign debt rose by 13.8% on the year to 35.37 billion euro ($44.3 billion) at the end of August, commercial bank Raiffeisenbank Austria Zagreb (RBA) said on Tuesday. link

Croatian Unit of Austria’s Mobilkom 9-mo EBITDA Falls 3.1% to 164.9 Mln Euro Nov 12, 2008, 11:19 CET | Story | SeeNews ZAGREB (Croatia), November 12 (SeeNews) - Croatian wireless operator Vipnet, a unit of Austria’s Mobilkom, reported 164.9 million euro ($210.1 million) in earning before interest, tax, depreciation and amortisation (EBITDA) for the first nine months of 2008, down 3.1% from a year earlier, Mobilkom’s parent, Telekom Austria, said on Wednesday. link

Erste Securities - Croatian Equity Daily - Nov 12, 2008 Nov 12, 2008, 09:56 CET | Broker’s Report | AII Data Processing Ltd Highlights: link

Croatia Schedule of Events - Nov 12 - Dec 16 Nov 12, 2008, 09:50 CET | Story | SeeNews ZAGREB (Croatia), November 12 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Croatia through December 16. New or amended entries are marked (*). link

* Macedonia *

Macedonia’s RZ Inter-Transsped Turns to 9-mo Prelim Net Profit - Table Nov 12, 2008, 17:43 CET | Story | SeeNews SKOPJE (Macedonia), November 12 (SeeNews) – Macedonian transport company RZ Inter-Transsped said on Wednesday it turned to a preliminary net profit of 3.8 million denars ($78,085/62,503 euro) in the first nine months of 2008 from a loss of four million denars a year ago. link

Macedonian Lottery Widens 9-Mo Prelim Net Loss - Table Nov 12, 2008, 14:39 CET | Story | SeeNews SKOPJE (Macedonia), November 12 (SeeNews) - Lotarija na Makedonija AD Skopje, the Macedonian lottery games operator, said on Wednesday its nine-month preliminary net loss surged to 90.88 million denars ($1.89 million/1.50 million euro) from 17.69 million denars a year ago. link

Telekom Austria’s Macedonian Unit Posts 9-Mo Operating Loss of 18.5 Mln Euro Nov 12, 2008, 14:08 CET | Story | SeeNews SKOPJE (Macedonia), November 12 (SeeNews) – Telekom Austria’s Macedonian wireless unit, Vip Operator DOOEL Skopje, had a operating loss of 18.5 million euro ($23.2 million) and revenues of 8.2 million euro in the first nine months of the year, the parent company said on Wednesday. link

Macedonia’s C-Bank Absorbs 3.225 Bln Denars (53.17 Mln Euro) in 28-Day Repo Funds Nov 12, 2008, 13:42 CET | Story | SeeNews SKOPJE (Macedonia), November 12 (SeeNews) - Macedonia’s central bank said it absorbed 3.225 billion denars ($66.95 million/53.17 million euro) in 28-day repo funds from commercial banks on Wednesday. link

Macedonia’s October Industrial PPI Rises 9.2% Y/Y, Falls 3.3% M/M – Table Nov 12, 2008, 13:31 CET | Story | SeeNews SKOPJE (Macedonia), November 12 (SeeNews) - Macedonia’s October producer price index (PPI) for the industrial sector rose by 9.2% year-on-year but was 3.3% lower than a month earlier, the State Statistics Office said on Wednesday. link

MACEDONIA’S OCT INDUSTRIAL PPI +9.2% Y/Y, -3.3% M/M VS +14.5% Y/Y, -0.3% M/M IN SEPT – STATS OFFICE Nov 12, 2008, 13:29 CET | Alert | SeeNews link

Macedonian Stock Exchange - Daily Report - Nov 11, 2008 Nov 12, 2008, 07:46 CET | Specialists Reports | SeeNews Тhe Macedonian Stock exchange has published its daily report on turnover and prices for November 11, 2008. link

* Moldova *

Moldova Sells 4.93 Mln Lei (380,000 Euro) in 2-yr T-Notes Nov 12, 2008, 16:14 CET | Story | SeeNews CHISINAU (Moldova), November 12 (SeeNews) - Moldova’s central bank, BNM, has sold 4.93 million lei ($475,500/380,000 euro) worth of two-year Treasury notes, below its target of eight million lei, BNM said on Wednesday. link

Moldova’s 10-mo Budget Deficit at 300 Mln Lei (23 Mln Euro) Nov 12, 2008, 16:02 CET | Story | SeeNews CHISINAU (Moldova), November 12 (SeeNews) - Moldova had a budget deficit of 300 million lei ($29 million/23 million euro) in the first ten months of 2008, compared to a 289.2 million lei surplus a year earlier, Finance Ministry figures indicated on Wednesday. link

Romania’s Anchor Group Opens 50 Mln Euro Mall in Moldovan Capital Nov 12, 2008, 14:09 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Romanian real estate developer Anchor Group opened on Wednesday the first large-scale retail and entertainment centre in the Moldovan capital Chisinau following a 50 million euro ($63.7 million) investment. link

Moldova’s Transdniestria Region October Inflation Slows to 0.34% M/M Nov 12, 2008, 13:01 CET | Story | SeeNews CHISINAU (Moldova), November 12 (SeeNews) - Monthly consumer price inflation in Moldova’s breakaway region of Transdniestria slowed to 0.34% in October from 1.06% a month earlier, the region’s economy ministry said on Wednesday. link

Moldova Stock Exchange - Daily Report - Nov 11, 2008 Nov 12, 2008, 11:57 CET | Specialists Reports | SeeNews The Moldova Stock exchange has published its daily report on trading volumes and prices for November 11, 2008. link

Moldova Schedule of Events - Nov 12 - Jan 2 Nov 12, 2008, 09:15 CET | Story | SeeNews CHISINAU (Moldova), November 12 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Moldova through January 2. New or amended entries are marked (*). link

* Montenegro *

S&P Affirms Montenegro’s BB+ L/T, ’B’ S/T Sovereign Ratings, Outlook Negative Nov 12, 2008, 13:28 CET | Story | SeeNews PODGORICA (Montenegro), November 12 (SeeNews) - International rating agency Standard & Poor’s (S&P) said it has affirmed Montenegro’s ’BB+’ long-term and ’B’ short-term sovereign credit ratings on healthy budgetary policy and use of the euro as domestic currency but said the country’s outlook remained negative due to high external imbalances. link

Montenegro Schedule of Events - Nov 12 - Nov 13 Nov 12, 2008, 09:31 CET | Story | SeeNews PODGORICA (Montenegro), November 12 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Montenegro through November 13. New or amended entries are marked (*). link

New Securities Exchange of Montenegro - Daily Report - Nov 11, 2008 Nov 12, 2008, 07:18 CET | Specialists Reports | SeeNews The New Securities exchange of Montenegro (NEX) has published its daily report on trading volumes and prices for November 11, 2008. link

* Romania *

Romania’s State-Owned CEC Bank 10-mo Net Profit Jumps on Sale of Minority Stake in Asiban Insurer Nov 12, 2008, 18:17 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Romania’s sole state-owned bank, CEC, said on Wednesday its 10-month net profit rose to 328 million lei ($106.5 million/85 million euro) from 84 million in the year-ago period, boosted by the sale of 25% of insurer Asiban to French insurance group Groupama. link

Romanian Oil & Gas Company Dafora’s Jan-Sept Net Profit Rises 27.5% - Table Nov 12, 2008, 18:13 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Romanian oil and gas prospecting company Dafora on Wednesday reported an increase in its net profit to 9.88 million lei ($3.2 million/2.6 million euro) through September from 7.75 million lei a year earlier. link

Romanian Fertilizer Maker Azomures To Operate at Half Capacity, To Lay off 250 as of November Nov 12, 2008, 17:51 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Romania’s largest chemical fertilizer producer Azomures said on Wednesday it will operate at half capacity and dismiss 250 of its employees as of this month due to low market demand. link

Romania Needs Second Nuclear Plant with 2,400 MW Capacity by 2020 Nov 12, 2008, 17:50 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Romania will need a second nuclear power plant with a capacity of 2,400 megawatts (MW) by 2020, the CEO of Nuclearelectrica, the operator of the country’s sole nuclear plant, said on Wednesday. link

Romanian Leu Ends Weaker vs Euro on Hostile Economic Environment Nov 12, 2008, 17:42 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - The Romanian leu on Wednesday closed at 3.8400/8440 per euro, weaker than 3.8000/8050 on Tuesday, amid unfavourable economic environment in the country, analysts said. link

Romanian Petrochemical Producer Oltchim To Lower Capacity Utilisation to 40% This Month Nov 12, 2008, 17:17 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Romanian state-owned petrochemical producer Oltchim said on Wednesday it will lower by 20% its capacity utilisation to 40% this month to avoid accumulating losses. link

Romanian Textile Firm Siretul Pascani Turns to 9-mo Net Profit - Table Nov 12, 2008, 16:49 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Romanian clothing and textile firm Siretul Pascani on Wednesday reported a net profit of 285,000 lei ($92,500/74,000 euro) in the first nine months of 2008, compared to a 915,000 lei loss a year earlier. link

Romanian Stock Indices Extend Fall in Lower Turnover Nov 12, 2008, 16:46 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - The Romanian share indices drifted further down on Wednesday in lower turnover, as investors became more cautious, brokers said. link

Kraft Foods To Close Romania Factory by End-2009, Seeks To Consolidate Bulgaria Operations Nov 12, 2008, 16:42 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - U.S. food giant Kraft Foods said on Wednesday it plans to close its chocolate factory in the Romanian town of Brasov by the end of next year and to consolidate its operations in Bulgaria. link

Romania’s UniCredit Tiriac Bank 9-mo Net Profit Rises 31% Nov 12, 2008, 16:36 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - UniCredit Tiriac Bank, the Romanian unit of Italian banking group UniCredit, said on Wednesday its net profit rose by a better-than-expected 31% to 278 million lei ($90.3 million/72 million euro) in the first nine months of 2008. link

Romania Sells 770.6 Mln Lei (200.5 Mln Euro) in 6-Month T-Bills, Yields Rise Nov 12, 2008, 15:48 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Romania on Wednesday sold 770.6 million lei ($252 million/200.5 million euro) worth of six-month Treasury bills, slightly below its 800 million lei target offer, as yields rose, the country’s central bank, BNR, said. link

Jan-Sept FDI in Romania Rise to 7.194 Bln Euro - C-Bank Nov 12, 2008, 15:29 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Foreign direct investments (FDI) in EU member Romania totalled 7.194 billion euro ($9.0 billion) in the first nine months of the year, the country’s central bank, BNR, said on Wednesday. link

Romanian Railroad Equipment Maker VAE Apcarom 9-mo Net Profit Falls 4.1% - Table Nov 12, 2008, 15:24 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Romanian railroad equipment manufacturer VAE Apcarom on Wednesday reported a net profit of 3.25 million lei ($1.1 million/846,000 euro) in the first nine months of 2008, compared to 3.39 million lei a year earlier. link

U.S.-based Weatherford Raises Stake in Romanian Engineering Co Atlas G.I.P. to 95.8% Nov 12, 2008, 14:47 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - U.S.-based oilfield services company Weatherford International Eastern Europe has raised its holding in Romanian architecture and engineering company Atlas G.I.P. to some 95.8% after acquiring a 9.8% stake for 6.9 million lei ($2.2 million/1.8 million euro) in a buyout bid that ended on Monday. link

Romania’s Petrolexportimport Extends 9-mo Net Loss 4.0% - Table Nov 12, 2008, 14:39 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Romanian oil trader Petrolexportimport on Wednesday reported a net loss of 1.96 million lei ($659,300/517,400 euro) for the first nine months of 2008, compared to a net loss of 1.88 million lei a year ago. link

Foreign Direct Investments in Romania Total 7.25 Bln Euro in 2007 - C-Bank Nov 12, 2008, 14:23 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Foreign direct investments (FDI) in Romania totalled 7.25 billion euro ($9.1 billion) last year, slightly above the 7.07 billion euro figure reported at the beginning of 2008, central bank data showed. link

UPDATE 1 - Romania’s Jan-Sept C/A Gap Widens to 12.704 Bln Euro from 11.071 Bln Euro Yr-Ago Nov 12, 2008, 14:22 CET | Story | SeeNews (adds details, background) link

Romania’s Anchor Group Opens 50 Mln Euro Mall in Moldovan Capital Nov 12, 2008, 14:09 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Romanian real estate developer Anchor Group opened on Wednesday the first large-scale retail and entertainment centre in the Moldovan capital Chisinau following a 50 million euro ($63.7 million) investment. link

Romania’s Foreign Debt Rises to 48.102 Bln Euro at End-Sept - Table Nov 12, 2008, 14:07 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Romania’s long-term and medium-term foreign debt totalled 48.102 billion euro ($60.3 billion) at the end of September, up by 25.2% from the end of 2007, the country’s central bank said on Wednesday. link

Romania’s Jan-Sept C/A Gap Widens to 12.704 Bln Euro from 11.071 Bln Euro Yr-Ago - C-Bank Nov 12, 2008, 13:53 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Romania’s current account deficit increased by 14.7% on the year to an estimated 12.704 billion euro ($15.9 billion) in the first nine months of 2008 due to a widening trade gap, the country’s central bank said on Wednesday. link

JAN-SEPT FDI IN ROMANIA AT 7.194 BLN EURO VS 5.013 BLN EURO YR AGO - C-BANK Nov 12, 2008, 13:40 CET | Alert | SeeNews link

ROMANIA’S FOREIGN DEBT RISES TO 48.102 BLN EURO AT END-SEPT FROM 38.430 BLN EURO AT END-2007 - C-BANK Nov 12, 2008, 13:36 CET | Alert | SeeNews link

ROMANIA’S JAN-SEPT C/A GAP WIDENS TO 12.704 BLN EURO FROM 11.071 BLN EURO YR-AGO - C-BANK Nov 12, 2008, 13:34 CET | Alert | SeeNews link

Romania’s Cons Budget Deficit Grows to 1.42%/GDP in Jan-Sept Nov 12, 2008, 13:28 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Romania on Wednesday said its consolidated budget gap in the first nine months of the year widened to almost 7.17 billion lei ($2.38 billion/1.88 billion euro), equivalent to 1.42% of the gross domestic product (GDP) projected for this year, from the equivalent of 1.08% of GDP through August. link

ROMANIA’S JAN-SEPT CONS BUDGET DEFICIT AT 1.42%/GDP VS 0.19%/GDP SURPLUS YR AGO Nov 12, 2008, 13:02 CET | Alert | SeeNews link

Romania To Start Building Third, Fourth Reactors at Its Nuclear Power Plant in 2010-2011 Nov 12, 2008, 13:00 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Romania plans to start building a second pair of reactors at its sole nuclear power plant in Cernavoda in 2010-2011, the CEO of the plant’s operator said on Wednesday. link

Dutch-based Aluminium Producer Vimetco To Cut Output by 65,000 T per Year in Romania Nov 12, 2008, 12:34 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Dutch-based aluminium producer Vimetco said on Wednesday it will reduce production at its Romanian operations by up to 65,000 tonnes per annum (tpa) in a bid to cut costs amid worsening market conditions. link

STOCKWATCH - RCI Keeps Romanian Gas Transmission Firm Transgaz at ’Buy’ Nov 12, 2008, 12:10 CET | Analysis | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Raiffeisen Capital & Investment (RCI) on Wednesday said it put under review its target price for Romanian gas transmission company Transgaz and maintained its ’Buy’ recommendation on the stock, shortly after the company released its third-quarter financial results. link

Romanian Cable Maker Iproeb 9-mo Net Profit Falls 35% Y/Y - Table Nov 12, 2008, 10:53 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) – The nine-month net profit of Romanian insulated wire and cable maker Iproeb fell to 14.3 million lei ($4.8 million/3.8 million euro) from 22.1 million lei a year ago. link

Raiffeisen Capital & Investment - Transgaz First Impression - Q3 2008 - Nov 12, 2008 Nov 12, 2008, 10:13 CET | Broker’s Report | SeeNews Broadly in line with estimates (neutral) link

Raiffeisen Capital & Investment - Investment Daily Romania - Nov 12, 2008 Nov 12, 2008, 09:59 CET | Broker’s Report | SeeNews Watchlist link

Ieba Trust - Romanian Market Daily - Nov 11, 2008 Nov 12, 2008, 09:21 CET | Broker’s Report | SeeNews BSE indices posted small correction link

Romania Schedule of Events - Nov 12 - Jan 6 Nov 12, 2008, 08:51 CET | Story | SeeNews BUCHAREST (Romania), November 12 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Romania through January 6. New or amended entries are marked (*). link

Bucharest Stock Exchange - Daily Report - Regulated Market - Nov 11, 2008 Nov 12, 2008, 07:28 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its report on trading volumes and prices on the regulated market for November 11, 2008. link

Bucharest Stock Exchange - Daily Report - RASDAQ Market - Nov 11, 2008 Nov 12, 2008, 07:24 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its daily RASDAQ market report for November 11, 2008. link

* Serbia *

Serbia’s Delta Auto Opens 12 Mln Euro Sales and Service Centre in Belgrade Nov 12, 2008, 18:29 CET | Story | SeeNews BELGRADE (Serbia), November 12 (SeeNews) – Delta Motors, the exclusive dealer of car maker BMW in Serbia, on Wednesday opened a new sales and service showroom in Belgrade following a 12 million euro ($15 million) investment, a company official said. link

Serbian Dinar Trades Little Changed vs Euro, No C-Bank Intervention Sighted - Dealers Nov 12, 2008, 17:02 CET | Story | SeeNews BELGRADE (Serbia), November 12 (SeeNews) – Serbia’s dinar on Wednesday afternoon traded little changed against the euro in modest liquidity and the central bank was not sighted intervening to support it, dealers said. link

Belgrade Stocks Close Down in Small Volumes Nov 12, 2008, 16:08 CET | Story | SeeNews BELGRADE (Serbia), November 12 (SeeNews) – Belgrade Stock Exchange (BELEX) indices closed lower on Wednesday in tiny turnover and continuing shortage of fresh funds, brokers said. link

Raiffeisen Bank Kosovo 9-mo Net Profit Up 39% to 12.6 Mln Euro Nov 12, 2008, 16:05 CET | Story | SeeNews PRISTINA, November 12 (SeeNews) - Raiffeisen Bank Kosovo, the second largest bank in terms of loans and deposits in the newly independent country, reported its net profit rose by 39.2% year-on-year to 12.6 million euro ($15.8 million) in the first nine months of 2008. link

Telekom Austria’s Serbian Unit Posts 9-Mo Operating Loss of 68.9 Mln Euro Nov 12, 2008, 15:06 CET | Story | SeeNews BELGRADE (Serbia), November 12 (SeeNews) - Telekom Austria’s Serbian wireless unit, Vip mobile, had an operating loss of 68.9 million euro ($86.3 million) and revenues of 40.6 million euro in the first nine months of the year, the parent company said on Wednesday. link

ProCredit Bank Kosovo 9-mo Net Profit Rises 17.7% To 15 Mln Euro Nov 12, 2008, 15:03 CET | Story | SeeNews PRISTINA, November 12 (SeeNews) - ProCredit Bank Kosovo reported a net profit rise of 17.7% to 14.89 million euro ($18.65 million) in the first nine months fo 2008. link

Serbia’s October Restaurant, Hotel Prices Rise 9.2% Y/Y - Table Nov 12, 2008, 12:57 CET | Story | SeeNews BELGRADE (Serbia), November 12 (SeeNews) - Prices in Serbia’s restaurants and hotels in October rose by 9.2% from a year earlier and were up 0.9% on the month, data from the country’s statistics office showed on Wednesday. link

Serbia’s October Industrial Producer Prices Rise 0.1% M/M - Table Nov 12, 2008, 12:01 CET | Story | SeeNews BELGRADE (Serbia), November 12 (SeeNews) - Serbia’s October producer prices for the industrial sector edged up by 0.1% from a month earlier and were 12.5% higher on the year, data from the country’s statistics office showed on Wednesday. link

Kosovo’s 10-mo Gross Customs Revenue Rises 11.4% to 472 Mln Euro Nov 12, 2008, 11:36 CET | Story | SeeNews PRISTINA, November 12 (SeeNews) - Kosovo collected 472.42 million euro ($602 million) in gross customs revenue in the first ten months of 2008, up by 11.4% on the year, Kosovo’s customs service said on Wednesday. link

Serbia Schedule of Events - Nov 12 - Dec 30 Nov 12, 2008, 09:16 CET | Story | SeeNews BELGRADE (Serbia), November 12 (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 - Nov 12, 2008 Nov 12, 2008, 09:08 CET | Broker’s Report | AII Data Processing Ltd Serbia’s Vojvodjanska banka released its Daily Vobnews report for November 12, 2008. link

Belgrade Stock Exchange - Daily Report - Nov 11, 2008 Nov 12, 2008, 07:45 CET | Specialists Reports | SeeNews The Belgrade Stock exchange has published its daily report on trading volumes and prices for November 11, 2008. link

* Slovenia *

Slovenian Stocks Dip, Track European Markets Nov 12, 2008, 18:04 CET | Story | SeeNews LJUBLJANA (Slovenia), November 12 (SeeNews) - The Slovenian stock indices fell for a second day in a row in calm trading on Wednesday, tracking falls on the European equity markets, brokers said. link

Telekom Austria’s Slovenian Unit 9-Mo EBITDA Rises 13.2% Y/Y to 47.1 Mln Euro Nov 12, 2008, 15:26 CET | Story | SeeNews LJUBLJANA (Slovenia), November 12 (SeeNews) - Slovenian wireless operator Si.mobil’s nine-month earnings before interest, tax, depreciation and amortisation (EBITDA) rose 13.2% on the year to 47.1 million euro ($59 million), its parent company Telekom Austria said on Wednesday. link

Slovenian Statistical Office - Yield Forecast of Late Crops, Fruits and Grapes - Sept 5, 2008 - Nov 12, 2008 Nov 12, 2008, 11:58 CET | State Agencies Reports | SeeNews According to September 2008 data on yield forecast of some late crops, fruits and grapes, in 2008 agricultural producers should mostly harvest less produce than a year before. link

UPDATE 1 - Slovenia’s Mercator Raises 9-Mo Group Net Profit by 0.9% Y/Y to 36.4 Mln Euro Nov 12, 2008, 11:49 CET | Story | SeeNews (adds details) link

Slovenia’s Mercator Raises 9-Mo Group Net Profit by 0.9% Y/Y to 36.4 Mln Euro Nov 12, 2008, 11:29 CET | Story | SeeNews LJUBLJANA (Slovenia), November 12 (SeeNews) - Slovenia’s largest food retailer Mercator posted on Wednesday a group net profit of 36.4 million euro ($46.4 million) for the nine months of 2008, 0.9% higher than a year earlier despite a drop in domestic earnings. link

SLOVENIA’S MERCATOR POSTS 0.9% Y/Y RISE IN 9-MO GROUP NET PROFIT TO 36.4 MLN EURO Nov 12, 2008, 11:02 CET | Alert | SeeNews link

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