Countries:

* Albania *

Albania Aims To Become Power Exporter in Two Years – Deputy Fin Min Oct 21, 2008, 17:36 CET | Story | SeeNews THESSALONIKI (Greece), October 21 (SeeNews) - Albania will aim to become a power exporting country in two years by halving electricity losses in the grid by 2011 and building new generation capacities, Albania’s Deputy Finance Minister Sherefedin Shehu said on Tuesday. link

World Bank Urges Strategic Pension Reforms in SEEurope Oct 21, 2008, 17:03 CET | Story | SeeNews LJUBLJANA (Slovenia), October 21 (SeeNews) - With their ageing populations growing in size, countries in Southeast Europe (SEE) must undertake strategic pension reforms to safeguard the old-age security of their retiring citizens, according to a World Bank pensions report released on Tuesday. link

Albania Sells 1.87 Bln Leks (15 Mln Euro) in 12-mo T-Bills, Yields Fall Oct 21, 2008, 15:44 CET | Story | SeeNews TIRANA (Albania), October 21 (SeeNews) - Albania’s central bank sold 1.87 billion leks ($20.4 million/15.44 million euro) in 12-month Treasury bills at an auction on Tuesday as yields fell to their lowest level since the beginning of the year. link

Albania To Open Non-Binding Bids for Sale of 61% of Insurer INSIG Oct 22 – Deputy Fin Min Oct 21, 2008, 11:36 CET | Story | SeeNews THESSALONIKI (Greece), October 21 (SeeNews) - Albania will open on Wednesday the non-binding bids placed for the sale of a 61% stake in insurer INSIG, Albania’s Deputy Finance Minister Sherefedin Shehu said on Tuesday. link

* Bosnia *

World Bank Urges Strategic Pension Reforms in SEEurope Oct 21, 2008, 17:03 CET | Story | SeeNews LJUBLJANA (Slovenia), October 21 (SeeNews) - With their ageing populations growing in size, countries in Southeast Europe (SEE) must undertake strategic pension reforms to safeguard the old-age security of their retiring citizens, according to a World Bank pensions report released on Tuesday. link

Serbian Sports Gear Retailer N Sport Launches Buyout Bid for Bosnian Tool Maker Cajavec Alatnica Oct 21, 2008, 16:47 CET | Story | SeeNews BANJA LUKA (Bosnia and Herzegovina), October 21 (SeeNews) - Serbian wholesaler and retailer of sports goods N Sport said on Tuesday it has launched on the Banja Luka Stock Exchange (BLSE) a buyout bid for Bosnian tool maker Cajavec Alatnica in which it holds 61.64%. link

Federal Office of Statistics of Bosnia and Herzegovina - Employment by the CEA - Aug 2008 Oct 21, 2008, 15:59 CET | State Agencies Reports | AII Data Processing Ltd The total numer of employed persons in August 2008. in Federation B&H came to 433,049. In relation with the previous month it decreased by 0.1%.In comparison with the annual average of employed persons in 2007. year it increased by 4.7%. link

Federal Office of Statistics of Bosnia and Herzegovina - Indices of Industrial Production - Sept 2008 Oct 21, 2008, 15:58 CET | State Agencies Reports | AII Data Processing Ltd Industrial production in the Federation of Bosnia and Herzegovina in September 2008 rose by 41,0 % in relation to the average monthly production of 2005, and rose by 14,9% in relation to September 2007 and rose by 2,9% in relation to August 2008.Total industrial production in period January - September 2008 in relation to same period 2007 rose by 6,5%, industrial production in field of Mining rose by 1,2%, Manufacturing industry rose by 6,5%, Electricity, gas and water supply rose by 10,1%.Viewed according to main industrial grouping in period January-September 2008 in relation to same period 2007, increase in production was posted at energy for 9,1%, capital goods for 12,1%, non-durable consumer goods for 14,2%, decline was posted at intermediate goods except energy for 0,3% and durable consumer goods for 13,3%. link

Bosnian Hydropower Plant Group Drina Turns to 9-Mo Profit - Table Oct 21, 2008, 14:53 CET | Story | SeeNews BANJA LUKA (Bosnia and Herzegovina), October 21 (SeeNews) - Bosnian hydropower plant group Drina on Tuesday posted a net profit of some 398,000 marka ($276,000/203,000 euro) for the nine months of 2008, versus a loss of 2.24 million marka in the year-ago period, as revenue rose faster than costs. link

Bosnian Coal Mining and Energy Complex Ugljevik Swings to Profit in Jan-Sept - Table Oct 21, 2008, 14:28 CET | Story | SeeNews BANJA LUKA (Bosnia and Herzegovina), October 21 (SeeNews) – Bosnian coal mining and energy complex Ugljevik said on Tuesday it had a net profit of 1.32 million marka ($914,000/687,000 euro) for the first nine months of 2008, compared to a loss of two million marka for the year-ago period. link

Bosnian Furniture Maker Krivaja Restarts Production - Media Oct 21, 2008, 11:57 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), October 21 (SeeNews) – Bosnia’s troubled Krivaja, one of the biggest furniture makers in the former Yugoslav federation, has restarted production after setting up a joint venture with local private company Ferimpex, a Bosnian daily reported on Tuesday. link

GE, Bosnia’s Serb Republic To Sign 400 Mln Euro Investment Deal on Oct 23 - Media Oct 21, 2008, 10:27 CET | Story | SeeNews BANJA LUKA (Bosnia and Herzegovina), October 21 (SeeNews) – The government of Bosnia’s Serb Republic and General Electric will sign on Thursday a cooperation protocol for 400 million euro ($532 million) energy, transport and healthcare investments in this part of Bosnia, a Bosnian daily reported on Tuesday. link

Bosnia’s Jan-Sept Trade Gap Widens 26.6% Y/Y to 3.676 Bln Euro - Table Oct 21, 2008, 10:00 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), October 21 (SeeNews) - Bosnia’s trade deficit through September rose by 26.6% from a year earlier to 7.190 billion marka ($4.978 billion/3.676 billion euro), as imports rose faster than exports, the Bosnian Statistics Agency said on Tuesday. link

Bosnia Schedule of Events – Oct 21 - Jan 9 Oct 21, 2008, 09:49 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), October 21 (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

BOSNIA JAN-SEPT TRADE GAP WIDENS 26.6% Y/Y TO 3.676 BLN EURO - STATS AGENCY Oct 21, 2008, 09:46 CET | Alert | SeeNews link

* Bulgaria *

Romania’s Transgaz Denies Media Report Russia May Replace Bulgaria with Romania in South Stream Gas Pipeline Project Oct 21, 2008, 18:30 CET | Story | SeeNews BUCHAREST (Romania), October 21 (SeeNews) - Romanian gas transmission company Transgaz on Tuesday denied a media report that it has dicussed with Russia’s Gazprom a possibility for Romania to replace Bulgaria as partner in the South Stream gas pipeline backed by Moscow. link

ECONOMIC OUTLOOK - UniCredit Expects Bulgaria’s Economic Growth To Slow to 4.2% in 2009 from 6.3% in 2008 Oct 21, 2008, 18:11 CET | Analysis | SeeNews SOFIA (Bulgaria), October 21 (SeeNews) - Bulgaria’s economy will grow by a real 6.3% this year but its growth will slow down to 4.2% in 2009 due to the global financial crisis, Italy’s UniCredit banking group said on Tuesday. link

Bulgarian Stock Indices Advance, SPVs Lift Turnover Oct 21, 2008, 17:13 CET | Story | SeeNews SOFIA (Bulgaria), October 21 (SeeNews) - The Bulgarian stock indices ended mostly higher in cautious trading on Tuesday, as turnover was boosted by deals in special purpose vehicles (SPVs), brokers said. link

World Bank Urges Strategic Pension Reforms in SEEurope Oct 21, 2008, 17:03 CET | Story | SeeNews LJUBLJANA (Slovenia), October 21 (SeeNews) - With their ageing populations growing in size, countries in Southeast Europe (SEE) must undertake strategic pension reforms to safeguard the old-age security of their retiring citizens, according to a World Bank pensions report released on Tuesday. link

Yield on Bulgarian 5-Year T-Notes Rises Oct 21, 2008, 16:53 CET | Story | SeeNews SOFIA (Bulgaria), October 21 (SeeNews) – The yield on a 30 million lev ($20.8 million/15.6 million euro) issue of Bulgarian five-year fixed-rate Treasury notes rose on Monday to a weighted average of 6.88% from 5.59% at the previous auction, the central bank said on Tuesday. link

Karoll - Bulgarian Daily Newsletter - Oct 21, 2008 Oct 21, 2008, 16:35 CET | Broker’s Report | SeeNews Headlines link

Bulgarian PM Appoints Ivan Atanasov Acting Director of Road Infrastructure Agency Oct 21, 2008, 15:04 CET | Story | SeeNews SOFIA (Bulgaria), October 21 (SeeNews) – Bulgaria’s National Agency Road Infrastructure (NARI) said on Tuesday Prime Minister Sergei Stanishev has appointed the chair of the agency’s supervisory board, Ivan Atanasov, as NARI’s acting director after the incumbent resigned. link

Bulgarian C-Bank Relaxes Reserves Requirements To Liven up Money Market Oct 21, 2008, 14:54 CET | Story | SeeNews SOFIA (Bulgaria), October 21 (SeeNews) - Bulgaria’s central bank, BNB, said on Tuesday that it will consider half of the cash banks hold in their vaults as reserve assets, aiming to raise the liquidity of the country’s banking system amid the global financial crisis. link

U.S. Starbucks To Enter Bulgaria in November Oct 21, 2008, 14:26 CET | Story | SeeNews SOFIA (Bulgaria), October 21 (SeeNews) - U.S. coffee chain Starbucks Coffee Company on Tuesday said it plans to open its first outlet in EU newcomer Bulgaria in November as part of its strategy to expand worldwide. link

FFBH - Bulgaria Morning Update - Oct 21, 2008 Oct 21, 2008, 14:14 CET | Broker’s Report | SeeNews MARKET WRAP-UP link

U.S. AES Sees No Effect of Global Crisis on Its Investments in Bulgaria - Media Oct 21, 2008, 13:54 CET | Story | SeeNews SOFIA (Bulgaria), October 21 (SeeNews) – The global financial crisis will not affect the planned investments of U.S. energy company AES Corp in power generation facilities in Bulgaria, Reuters reported on Tuesday. link

Elana - Bulgaria Daily Report - Oct 20, 2008 Oct 21, 2008, 12:50 CET | Broker’s Report | SeeNews Market Highlights link

Bulgarian Deputy Fin Min Atanas Kanchev Resigns from State Agriculture Fund Oct 21, 2008, 11:42 CET | Story | SeeNews SOFIA (Bulgaria), October 21 (SeeNews) – Deputy Finance Minister Atanas Kanchev has resigned from his position as head the State Agriculture Fund citing personal reasons, the fund said on Tuesday. link

Bulgarian Foreign Minister Says Russia Not Likely To Replace Bulgaria with Romania in South Stream Pipeline Project Oct 21, 2008, 11:28 CET | Story | SeeNews SOFIA (Bulgaria), October 21 (SeeNews) – Russia is not likely to replace Bulgaria with Romania as partner in the South Stream gas pipeline project, Bulgarian news agency BTA quoted Foreign Minister Ivailo Kalfin as saying on Tuesday. link

Bulgarian Real Estate Fund Repays Early 20.2 Mn Euro Loans Oct 21, 2008, 10:23 CET | Story | SeeNews SOFIA (Bulgaria), October 21 (SeeNews) - Bulgarian Real Estate Fund (BREF), a privately held company investing in real estate, said on Tuesday it has paid early two loans worth 20.2 million euro ($26.8 million) owed to EFG Eurobank Bulgaria. link

Bulgaria Schedule of Events - Oct 21 - Nov 25 Oct 21, 2008, 09:24 CET | Story | SeeNews SOFIA (Bulgaria), October 21 (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 Report - Oct 20, 2008 Oct 21, 2008, 09:23 CET | Specialists Reports | SeeNews The Bulgarian Stock Еxchange has published its report on turnover and prices for October 20, 2008. link

Bulgarian Stock Exchange - Daily Bulletin, Selected Announcements - Oct 20, 2008 Oct 21, 2008, 09:22 CET | Specialists Reports | SeeNews At the General Meeting of Shareholders of CB Bulgarian American Credit Bank AD-Sofia /5BN/, held on 20.10.2008, have been taken the following major decisions:- Changes in the number and members of the Supervisory Board of BACB in terms of election of the following three new members:- Gerald Bernard Byrne- John Patrick Power- Evgeniy Yakimov IvanovThe entire notification is available on link. link

* Croatia *

Croatian Share Indices Back Off, Liquidity Remains Low Oct 21, 2008, 18:32 CET | Story | SeeNews ZAGREB (Croatia), October 21 (SeeNews) - The Croatian share indices fell on Tuesday in line with other European markets as liquidity in Zagreb remained relatively low, analysts said. link

Croatian Parliament To Debate No-Confidence Motion Against PM Sanader on Wednesday Oct 21, 2008, 18:05 CET | Story | SeeNews ZAGREB (Croatia), October 21 (SeeNews) – The Croatian parliament on Wednesday will debate a motion of no-confidence in Prime Minister Ivo Sanader, a parliament official said on Tuesday. link

World Bank Urges Strategic Pension Reforms in SEEurope Oct 21, 2008, 17:03 CET | Story | SeeNews LJUBLJANA (Slovenia), October 21 (SeeNews) - With their ageing populations growing in size, countries in Southeast Europe (SEE) must undertake strategic pension reforms to safeguard the old-age security of their retiring citizens, according to a World Bank pensions report released on Tuesday. link

Croatia’s Aug Avg Net Salary Falls Nominal 1.0% M/M - Table Oct 21, 2008, 16:57 CET | Story | SeeNews ZAGREB (Croatia), October 21 (SeeNews) - The average net monthly salary in Croatia fell by a nominal 1.0% to 5,184 kuna ($953.5/722 euro) in August from 5,234 kuna a month earlier, the State Statistics Bureau said on Tuesday. link

Croatia’s Viadukt 9-Mo Non-Cons Net Profit Up 25.5% – Table Oct 21, 2008, 15:52 CET | Story | SeeNews ZAGREB (Croatia), October 21 (SeeNews) – Croatia’s construction company Viadukt reported on Tuesday a non-consolidated unaudited net profit of 11.8 million kuna ($2.2 million/1.6 million euro) for the first nine months this year, up from 9.4 million kuna a year earlier. link

Croatia’s Sept Jobless Rate Falls to 12.6% - Table Oct 21, 2008, 15:35 CET | Story | SeeNews ZAGREB (Croatia), October 21 (SeeNews) - Croatia’s September unemployment rate fell to 12.6% from 14.1% a year earlier, the State Statistics Bureau said on Tuesday. link

CROATIA’S SEPT JOBLESS RATE FALLS TO 12.6% FROM 14.1% YR-AGO - STATS BUREAU Oct 21, 2008, 15:07 CET | Alert | SeeNews link

EBRD’s Loan To Cover 75% of 12 Mln Euro Infrastructure Project in Croatia Oct 21, 2008, 14:38 CET | Story | SeeNews ZAGREB (Croatia), October 21 (SeeNews) – The European Bank for Reconstruction and Development (EBRD) will provide a loan to cover 75% of the value of an infrastructure project worth 12 million euro ($16 million) in Croatia’s port of Sibenik, an official of the Port Authority of Sibenik said on Tuesday. link

Croatia’s Sept Industrial Output Rises 3.0% Y/Y Oct 21, 2008, 14:32 CET | Story | SeeNews ZAGREB (Croatia), October 21 (SeeNews) - Croatia’s industrial output rose by 3.0% on the year in September after slowing down by an annual 4.5% in August, the State Statistics Bureau said on Tuesday. link

CROATIA’S SEPT INDUSTRIAL OUTPUT RISES 3.0% Y/Y AFTER FALLING 4.5% Y/Y IN AUG - STATS OFFICE Oct 21, 2008, 14:17 CET | Alert | SeeNews link

Croatia Sells T-Bills Below Target, Yields Rise Oct 21, 2008, 13:40 CET | Story | SeeNews ZAGREB (Croatia), October 21 (SeeNews) - Croatia’s Finance Ministry on Tuesday sold 247 million kuna ($45.8 million/34.4 million euro) in three issues of Treasury bills, below its total target offer of 400 million kuna, as all yields were higher. link

Croatia’s August Construction Works Volume Rises 2.0% Y/Y - Table Oct 21, 2008, 12:10 CET | Story | SeeNews ZAGREB (Croatia), October 21 (SeeNews) - The volume of construction works in Croatia rose by 2.0% year-on-year in August, the State Statistics Bureau said on Tuesday. link

Erste Securities - Croatian Equity Daily - Oct 21, 2008 Oct 21, 2008, 10:33 CET | Broker’s Report | AII Data Processing Ltd Highlights link

Croatia Schedule of Events - Oct 21 - Nov 20 Oct 21, 2008, 10:02 CET | Story | SeeNews ZAGREB (Croatia), October 21 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Croatia through November 20. New or amended entries are marked (*). link

FIMA Stock Monitor - Daily Report - Oct 20, 2008 Oct 21, 2008, 08:41 CET | Broker’s Report | AII Data Processing Ltd Daily comment: link

* Macedonia *

World Bank Urges Strategic Pension Reforms in SEEurope Oct 21, 2008, 17:03 CET | Story | SeeNews LJUBLJANA (Slovenia), October 21 (SeeNews) - With their ageing populations growing in size, countries in Southeast Europe (SEE) must undertake strategic pension reforms to safeguard the old-age security of their retiring citizens, according to a World Bank pensions report released on Tuesday. link

Yields Rise on Macedonian Three-Month T-bills Oct 21, 2008, 14:01 CET | Story | SeeNews SKOPJE (Macedonia), October 21(SeeNews) - Yields on Macedonian three-month Treasury bills rose at an auction on Tuesday, central bank data showed. link

Macedonia Schedule of Events - Oct 21 - Nov 14 Oct 21, 2008, 09:41 CET | Story | SeeNews SKOPJE (Macedonia), October 21 (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 - Oct 20, 2008 Oct 21, 2008, 09:23 CET | Specialists Reports | SeeNews Тhe Macedonian Stock exchange has published its daily report on turnover and prices for October 20, 2008. link

* Moldova *

World Bank Urges Strategic Pension Reforms in SEEurope Oct 21, 2008, 17:03 CET | Story | SeeNews LJUBLJANA (Slovenia), October 21 (SeeNews) - With their ageing populations growing in size, countries in Southeast Europe (SEE) must undertake strategic pension reforms to safeguard the old-age security of their retiring citizens, according to a World Bank pensions report released on Tuesday. link

Moldova Sells 45 Mln Lei (3.3 Mln Euro) in T-Bills, Yields Fall Oct 21, 2008, 16:35 CET | Story | SeeNews CHISINAU (Moldova), October 21 (SeeNews) - The Moldovan central bank, BNM, said it sold on Tuesday 45 million lei ($4.3 million/3.3 million euro) in three Treasury bill issues, as yields on all of them fell. link

Moldova Moves Interior Minister to Deputy PM Position Oct 21, 2008, 16:34 CET | Story | SeeNews CHISINAU (Moldova), October 21 (SeeNews) - Moldova’s President Vladimir Voronin on Tuesday moved Interior Minister Valentin Mejinschi to the position of deputy Prime Minister in charge of fighting corruption and crime, the president’s press office said. link

Moldova’s Universalbank Swings to 9-mo Profit - Table Oct 21, 2008, 12:36 CET | Story | SeeNews CHISINAU (Moldova), October 21 (SeeNews) - Moldovan commercial bank Universalbank turned to a net profit of 39,330 lei ($3,800/2,900 euro) in the first nine months of 2008 from a loss of 5.4 million lei a year earlier, the bank said on Tuesday. link

Moldova Schedule of Events - Oct 21 - Nov 12 Oct 21, 2008, 09:43 CET | Story | SeeNews CHISINAU (Moldova), October 21 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Moldova through November 12. New or amended entries are marked (*). Moldova Stock Exchange - Daily Report - Oct 20, 2008 Oct 21, 2008, 09:24 CET | Specialists Reports | SeeNews The Moldova Stock exchange has published its daily report on trading volumes and prices for October 20, 2008. [link->http://seenews.com/news/latestnews/moldovastockexchange-dailyreport-oct20_2008-091007" class="spip_out">link

* Montenegro *

World Bank Urges Strategic Pension Reforms in SEEurope Oct 21, 2008, 17:03 CET | Story | SeeNews LJUBLJANA (Slovenia), October 21 (SeeNews) - With their ageing populations growing in size, countries in Southeast Europe (SEE) must undertake strategic pension reforms to safeguard the old-age security of their retiring citizens, according to a World Bank pensions report released on Tuesday. link

INTERVIEW - Montenegrin Opposition Urges Referendum or Snap Vote To Ease Political Tensions over Kosovo Recognision Oct 21, 2008, 17:01 CET | Interview | SeeNews PODGORICA (Montenegro), October 21 (SeeNews) – Montenegro’s opposition is urging a referendum in December to ask the people whether they approve of the recent recognition of Kosovo’s independence by the government, which prompted protests in Podgorica last week, the head of opposition People’s Party, Predrag Popovic, said on Tuesday. link

New Securities Exchange of Montenegro - Daily Report - Oct 20, 2008 Oct 21, 2008, 09:24 CET | Specialists Reports | SeeNews The New Securities exchange of Montenegro (NEX) has published its daily report on trading volumes and prices for October 20, 2008. link

* Romania *

Romanian-Hungarian Cross-Border Motorway Construction To Kick Off in 2009 Oct 21, 2008, 18:40 CET | Story | SeeNews BUCHAREST (Romania), October 21 (SeeNews) - The construction of a cross-border motorway, linking the city of Vaja in Hungary with Romanian city Baia Mare, will kick off in 2009, the Romanian government’s press office said on Tuesday. link

Romania’s Transgaz Denies Media Report Russia May Replace Bulgaria with Romania in South Stream Gas Pipeline Project Oct 21, 2008, 18:30 CET | Story | SeeNews BUCHAREST (Romania), October 21 (SeeNews) - Romanian gas transmission company Transgaz on Tuesday denied a media report that it has dicussed with Russia’s Gazprom a possibility for Romania to replace Bulgaria as partner in the South Stream gas pipeline backed by Moscow. link

Romania Plans To Connect Black Sea Port of Constanta to Central European High-Speed Railroad - PM Oct 21, 2008, 18:20 CET | Story | SeeNews BUCHAREST (Romania), October 21 (SeeNews) - Romania will pursue plans to connect its Black Sea port city of Constanta to the high-speed railroad linking Vienna and Budapest, Prime Minister Calin Popescu Tariceanu said on Tuesday. link

Italy’s Alenia Aeronautica Signs Memorandum of Agreement with Romania’s Aerostar Oct 21, 2008, 17:58 CET | Story | SeeNews BUCHAREST (Romania), October 21 (SeeNews) - Italy’s Alenia Aeronautica, a subsidiary of Italian industrial group Finmeccanica, and Romanian aircraft manufacturer Aerostar said they signed on Tuesday a memorandum of agreement (MoA) on aerospace and engineering collaboration. link

Romanian Leu Ends Steady vs Euro in Calm Trade After Rally Oct 21, 2008, 17:29 CET | Story | SeeNews BUCHAREST (Romania), October 21 (SeeNews) - The Romanian leu on Tuesday ended at 3.6130/3.6520 lei per euro, steady from Monday’s close of 3.6100/3.6600, in calm trade after a series of steep appreciations in the last days, dealers said. link

Software Provider EBS Romania Sees ’08 Turnover Rising 60% Oct 21, 2008, 17:13 CET | Story | SeeNews BUCHAREST (Romania), October 21 (SeeNews) - Romanian software solutions provider EBS on Tuesday said it sees its turnover rising to 5.6 million euro ($7.4 million) this year from 3.5 million euro in 2007. link

World Bank Urges Strategic Pension Reforms in SEEurope Oct 21, 2008, 17:03 CET | Story | SeeNews LJUBLJANA (Slovenia), October 21 (SeeNews) - With their ageing populations growing in size, countries in Southeast Europe (SEE) must undertake strategic pension reforms to safeguard the old-age security of their retiring citizens, according to a World Bank pensions report released on Tuesday. link

Romanian Investment Fund SIF 3 Transilvania Jan-Sept Net Profit Down 23% Y/Y - Table Oct 21, 2008, 16:58 CET | Story | SeeNews BUCHAREST (Romania), October 21 (SeeNews) - SIF 3 Transilvania, one of Romania’s five regional investment funds, reported on Tuesday a net profit of 82.50 million lei ($30.1 million/22.7 million euro) for the January-September period, compared to a net profit of 107.78 million lei a year earlier. link

Romanian Stocks Lose Ground on Broad Sell-off Oct 21, 2008, 16:53 CET | Story | SeeNews BUCHAREST (Romania), October 21 (SeeNews) - Romanian share indices lost ground on Tuesday in higher turnover amid a broad sell-off, brokers said. Romanian National Bank - Developments in Romanian Financial Markets - Oct 13 - 17, 2008 Oct 21, 2008, 16:37 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 October 13 - 17, 2008. [link->http://seenews.com/news/latestnews/romaniannationalbank-developmentsinromanianfinancialmarkets-oct13-17_2008-162807" class="spip_out">link

ROMANIA’S SIF 3 TRANSILVANIA SAYS JAN-SEPT NET PROFIT FALLS TO 82.50 MLN LEI (22.7 MLN EURO) FROM 107.78 MLN LEI YR AGO Oct 21, 2008, 16:36 CET | Alert | SeeNews link

Romania, Hungary May Launch 400 kV Cross-border Powerline by Yr-End Oct 21, 2008, 16:08 CET | Story | SeeNews BUCHAREST (Romania), October 21 (SeeNews) - A 400-kilovolt cross-border powerline connecting Romania and Hungary may become operational by the end of this year, Romania’s government said on Tuesday. link

Romanian Bourse To Resume Trading in SIF 3 Transilvania Shares on Oct 22 Oct 21, 2008, 15:29 CET | Story | SeeNews BUCHAREST (Romania), October 21 (SeeNews) - The shares of SIF 3 Transilvania, one of Romania’s five regional investment funds, will resume trading on the Bucharest stock exchange on Wednesday, the fund said on Tuesday. link

Romania’s Teraplast Doubles Annual PVC Pipes Output Capacity to 22,000 T Oct 21, 2008, 15:07 CET | Story | SeeNews BUCHAREST (Romania), October 21 (SeeNews) - Romanian producer of polyvinyl chloride (PVC) and polypropylene (PP) building materials Teraplast said on Tuesday it has doubled its annual output capacity of PVC pipes to 22,000 tonnes, after relocating production to a new facility. link

Stake of 70% in Romanian Agricultural Services Provider Agrinatura Trades for 8.4 Mln Euro Oct 21, 2008, 14:03 CET | Story | SeeNews BUCHAREST (Romania), October 17 (SeeNews) - A stake of 70% in Romanian agricultural services provider Agrinatura changed hands in a single transaction worth 30.6 million lei ($11.1 million/8.4 million euro) on the Romanian over-the-counter market RASDAQ on Tuesday, bourse data showed. link

Ieba Trust - Romanian Market Daily - Oct 20, 2008 Oct 21, 2008, 12:48 CET | Broker’s Report | SeeNews BSE indices started the week with slight losses link

Romania’s SSIF Broker Shareholders Reject Buyback Plan Oct 21, 2008, 12:47 CET | Story | SeeNews BUCHAREST (Romania), October 21 (SeeNews) - Romanian brokerage firm SSIF Broker said on Tuesday its shareholders’ meeting has rejected an earlier proposal to buy back up to 5.0% of the company’s shares. link

Belgian Cable Producer Connect Systems To Move Production to Romania from Slovakia Oct 21, 2008, 11:57 CET | Story | SeeNews BUCHAREST (Romania), October 21 (SeeNews) – Belgian supplier of production equipment and services for the electronics industry IPTE said its subsidiary, cable producer Connect Systems, will close a production unit in Slovakia and will relocate to Romania in order to reduce costs. link

Raiffeisen Capital & Investment - Investment Daily Romania - Oct 21, 2008 Oct 21, 2008, 11:54 CET | Broker’s Report | SeeNews In the news link

Bulgarian Foreign Minister Says Russia Not Likely To Replace Bulgaria with Romania in South Stream Pipeline Project Oct 21, 2008, 11:28 CET | Story | SeeNews SOFIA (Bulgaria), October 21 (SeeNews) – Russia is not likely to replace Bulgaria with Romania as partner in the South Stream gas pipeline project, Bulgarian news agency BTA quoted Foreign Minister Ivailo Kalfin as saying on Tuesday. link

Cyprus-based RC2 Limited Buys 2.76% of Romanian Dairy Farm Albalact for 4.3 Mln Lei (1.2 Mln Euro) Oct 21, 2008, 11:11 CET | Story | SeeNews BUCHAREST (Romania), October 21 (SeeNews) - Cyprus-based RC2 Limited has acquired a stake of 2.76% in Romanian dairy farm Albalact for 4.3 million lei ($1.6 million/1.2 million euro) on the over-the-counter market RASDAQ, bourse data showed late on Monday. link

Romania’s Romgaz To Invest 50 Mln Euro in New Gas Storage Facility - Media Oct 21, 2008, 11:01 CET | Story | SeeNews BUCHAREST (Romania), October 21 (SeeNews) – Romanian state-owned gas producer Romgaz will invest some 50 million euro ($66.2 millon) in the construction of a gas storage facility in northeastern Romania, Bucharest-based daily Business Standard reported on Tuesday. link

Romania Schedule of Events - Oct 21 - Dec 23 Oct 21, 2008, 09:32 CET | Story | SeeNews BUCHAREST (Romania), October 21 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Romania through December 23. New or amended entries are marked (*). link

Ieba Trust - Romanian Market Weekly - Oct 13 - 17, 2008 Oct 21, 2008, 09:23 CET | Broker’s Report | SeeNews 1A. Bucharest Stock exchange Indicators link

Bucharest Stock Exchange - Daily Report - Regulated Market - Oct 20, 2008 Oct 21, 2008, 09:21 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its report on trading volumes and prices on the regulated market for October 20, 2008. link

Bucharest Stock Exchange - Daily Report - RASDAQ Market - Oct 20, 2008 Oct 21, 2008, 09:20 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its daily RASDAQ market report for October 20, 2008. link

* Serbia *

World Bank Urges Strategic Pension Reforms in SEEurope Oct 21, 2008, 17:03 CET | Story | SeeNews LJUBLJANA (Slovenia), October 21 (SeeNews) - With their ageing populations growing in size, countries in Southeast Europe (SEE) must undertake strategic pension reforms to safeguard the old-age security of their retiring citizens, according to a World Bank pensions report released on Tuesday. link

Serbian Sports Gear Retailer N Sport Launches Buyout Bid for Bosnian Tool Maker Cajavec Alatnica Oct 21, 2008, 16:47 CET | Story | SeeNews BANJA LUKA (Bosnia and Herzegovina), October 21 (SeeNews) - Serbian wholesaler and retailer of sports goods N Sport said on Tuesday it has launched on the Banja Luka Stock Exchange (BLSE) a buyout bid for Bosnian tool maker Cajavec Alatnica in which it holds 61.64%. link

Serbian Indices End Higher on Govt Bid to Shield Economy Oct 21, 2008, 16:29 CET | Story | SeeNews BELGRADE (Serbia), October 21 (SeeNews) - The indices of the Belgrade Stock Exchange (BELEX) closed higher on Tuesday, lifted by the government’s market and economy protection plan announced a day earlier, brokers said. link

Serbian Railways Company, Belgrade City To Replace Energoprojekt as Investors in 100 Mln Euro Train Station Project Oct 21, 2008, 15:23 CET | Story | SeeNews BELGRADE (Serbia), October 21 (SeeNews) – Serbia’s state-owned railways operator, Zeleznice Srbije, and the Belgrade city authorities agreed to replace engineering group Energoprojekt as investors in a 100 million euro ($134 million) railway station project, a Zeleznice Srbije official said. link

European Fund for South East Europe Lends 2.0 Mln Euro to Kosovo NGO To Support Small Business Oct 21, 2008, 14:57 CET | Story | SeeNews PRISTINA, October 21 (SeeNews) - The European Fund for Southeast Europe (EFSE) has granted a loan of 2.0 million euro ($2.6 million) to the Kosovo Enterprise Programme (KEP) in support of micro and small businesses, EFSE said on Tuesday. link

Serbian Confectionery Firm Bambi-Banat Buys Back 3.0% of Capital To Curb Further Price Fall Oct 21, 2008, 14:51 CET | Story | SeeNews BELGRADE (Serbia), October 21 (SeeNews) - Serbian blue-chip confectionery maker Bambi-Banat said on Tuesday it has launched a buyout bid for up to 3.0% of its capital to prevent a further plunge of its stock price. link

Serbian Blue-Chip Dairy Imlek To Buy Back 5.0% of Capital To Prevent Further Price Drop Oct 21, 2008, 14:31 CET | Story | SeeNews BELGRADE (Serbia), October 21 (SeeNews) - Serbian blue-chip dairy company Imlek said on Tuesday it has launched a buyout bid for up to 5.0% of its capital to avoid a further slide of its stock price. link

Vojvodjanska Banka - Daily Vobnews - Oct 21, 2008 Oct 21, 2008, 11:07 CET | Broker’s Report | AII Data Processing Ltd Serbia’s Vojvodjanska banka released its Daily Vobnews report for October 21, 2008 containing the following charts and tables: link

Automobile Fittings Maker Eurowind Plans 4.0 Mln Euro Factory in Serbia - Media Oct 21, 2008, 10:47 CET | Story | SeeNews BELGRADE (Serbia), October 21 (SeeNews) – Eurowind, a Hungarian-Italian producer of fittings and accessories for commercial vehicles, plans to build a 4.0 million euro ($5.3 million) factory in the northern Serbian town of Zrenjanin, state news agency Tanjug reported on Tuesday. link

Serbia Schedule of Events - Oct 21 - Dec 30 Oct 21, 2008, 10:02 CET | Story | SeeNews BELGRADE (Serbia), October 21 (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 - Oct 20, 2008 Oct 21, 2008, 09:19 CET | Specialists Reports | SeeNews The Belgrade Stock exchange has published its daily report on trading volumes and prices for October 20, 2008. link

U.S. Rugged Handheld Computers Maker Radix Mulls Investment in Serbia - Media Oct 21, 2008, 08:52 CET | Story | SeeNews BELGRADE (Serbia), October 21 (SeeNews) – Officials of U.S. producer of ultra-rugged handheld computers Radix will come to Belgrade on Tuesday to hold talks over a greenfield investment in Serbia, the country’s state owned news agency Tanjug reported. link

* Slovenia *

Slovenian Share Indices Rise Further in Low Liquidity Oct 21, 2008, 17:19 CET | Story | SeeNews LJUBLJANA (Slovenia), October 21 (SeeNews) - Slovenian stock indices rose fractionally on Tuesday in low liquidity and in tune with European markets, brokers said. link

World Bank Urges Strategic Pension Reforms in SEEurope Oct 21, 2008, 17:03 CET | Story | SeeNews LJUBLJANA (Slovenia), October 21 (SeeNews) - With their ageing populations growing in size, countries in Southeast Europe (SEE) must undertake strategic pension reforms to safeguard the old-age security of their retiring citizens, according to a World Bank pensions report released on Tuesday. link

Slovenia’s NKBM Bank Posts 9-mo Parent Gross Profit of 35.4 Mln Euro Oct 21, 2008, 15:49 CET | Story | SeeNews LJUBLJANA (Slovenia), October 21 (SeeNews) - Slovenia’s second largest bank by assets, Nova Kreditna Banka Maribor (NKBM), on Tuesday reported a parent gross profit of 35.4 million euro ($47 million) in the first nine months of 2008. link

INTERVIEW - Societe Generale’s Slovenian Unit Sees No Significant Impact by Global Financial Crisis, Expects Higher Profit Oct 21, 2008, 15:06 CET | Interview | SeeNews LJUBLJANA (Slovenia), October 21 (SeeNews) - Slovenian commercial bank SKB Banka, a subsidiary of French banking group Societe Generale, so far sees no significant direct impact on its business by the global market woes and projects a higher group net profit this year, the president of the bank’s management board said. link

Slovenian Share Indices Rise Further, Investors Still Cautious Oct 20, 2008, 18:53 CET | Story | SeeNews LJUBLJANA (Slovenia), October 20 (SeeNews) - Slovenian stock indices rose for a second day running on Monday as investors remained cautious, brokers said. link

Useful advice:

Seenews