Centro Studi Europa dell’Est - news del 19.12.2007 - powered by www.seenews.com

NEWS DEL 19.12.2007

* ALBANIA *

Albania Sells 13.76 Bln Leks (114.52 Mln Euro) in T-Bills, Yields Rise Dec 19, 2007, 10:24 CET | Story | SeeNews TIRANA (Albania), December 19 (SeeNews) - Albania sold 13.76 billion leks ($164.73 million/114.52 million euro) in three Treasury bill issues at an auction on Tuesday where yields rose, the central bank said on Wednesday. http://seenews.com/news/latestnews/albaniasells13_76blnleks_114_52mlneuro_int-bills_yieldsrise-101830

* BOSNIA *

Bosnia Federation Oct Tourist Numbers Up 27.7% Y/Y - Table Dec 19, 2007, 12:41 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), December 19 (SeeNews) - The number of tourists staying in Bosnia’s Muslim-Croat Federation in October rose by 27.7% on the year to 31,798, official statistics showed on Wednesday. http://seenews.com/news/latestnews/bosniafederationocttouristnumbersup27_7_y_y-table-121921

EBRD Redirects 16 Mln Euro to Bosnia’s Newly Established Power Transmission Company Dec 19, 2007, 13:05 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), December 19 (SeeNews) - The European Bank for Reconstruction and Development (EBRD) said on Wednesday it has redirected 16 million euro ($23 million) from a previous 50 million euro Bosnian power sector loan to the country’s newly established state transmission company. http://seenews.com/news/latestnews/ebrdredirects16mlneurotobosnia___snewlyestablishedpowertransmissionco-120602

Bosnia’s Federation Relaunches Sale of Idled Plastics Producer Prony Dec 19, 2007, 15:27 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), December 19 (SeeNews) - Bosnia’s Muslim-Croat Federation on Wednesday again offered for sale its idled plastics producer Prony without setting a minimum price after a previous attempt to sell the company failed last year. http://seenews.com/news/latestnews/bosniafederationoffersforsaleidledplasticsproducerprony-123505

Bosnia’s Federation Nov Industrial Output Rises 1.2% Y/Y - Table Dec 19, 2007, 11:24 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), December 19 (SeeNews) - The industrial output of Bosnia’s Muslim-Croat Federation rose in November by 1.2% year-on-year, official statistics indicated on Wednesday. http://seenews.com/news/latestnews/bosnia_sfederationnovindustrialoutputrises1_2_y_y-table-110813

Bosnia Federation Oct Avg Net Salary Up 1.9% M/M - Table Dec 19, 2007, 11:32 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), December 19 (SeeNews) - The average net monthly salary in Bosnia’s Muslim-Croat Federation rose 1.9% month-on-month to 679.14 marka ($500/347 euro) in October after falling by 0.29% in September, official statistics showed on Tuesday. http://seenews.com/news/latestnews/bosniafederationoctavgnetsalaryup1_9_m_m-table-112328

Bosnia Federation Oct Jobless Numbers Rise 0.1% M/M, Up 3.1% Y/Y - Table Dec 19, 2007, 11:48 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), December 19 (SeeNews) - Unemployed in Bosnia’s Muslim-Croat Federation in October numbered 371,342, up 0.1% month-on-month and 3.1% higher on the year, official statistics showed on Wednesday. http://seenews.com/news/latestnews/bosniafederationoctjoblessnumbersup0_1_m_m_3_1_y_y-table-113741

Bosnia Serb Republic Nov Industrial Output Up 10.1% Y/Y - Table Dec 19, 2007, 15:47 CET | Story | SeeNews BANJA LUKA (Bosnia and Herzegovina), December 19 (SeeNews) – The industrial production of Bosnia’s Serb Republic rose by 10.1% on the year in November but was 0.8% lower compared to September, official data showed on Wednesday. http://seenews.com/news/latestnews/bosniaserbrepublicnovindustrialoutputup10_1_y_y-table-152729

BOSNIA’S Q3 GOVT FOREIGN DEBT FALLS 1.4% FROM Q2 TO 2.010 BLN EURO - C-BANK Dec 19, 2007, 15:54 CET | Alert | SeeNews

http://seenews.com/news/latestnews/bosnia_sq3govtforeigndebtfalls1_4_fromq2to2_010blneuro-c-bank-154544

Bosnia’s Q3 Govt Foreign Debt Falls 1.4% from Q2 to 2.010 Bln Euro - Table Dec 19, 2007, 16:29 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), December 19 (SeeNews) - The Bosnian government’s foreign debt fell to a preliminary 3.930 billion marka ($2.894 billion/2.010 billion euro) at the end of the third quarter from 3.984 billion marka three months earlier, central bank figures showed on Wednesday. http://seenews.com/news/latestnews/bosnia_sq3govtforeigndebtfalls1_4_fromq2to2_010blneuro-table-161320

Bosnia Schedule of Events – Dec 19 - May 9 Dec 19, 2007, 10:01 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), December 19 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Bosnia and Herzegovina through May 9. New or amended entries are marked (*). http://seenews.com/news/latestnews/bosniascheduleofevents___dec19-may9-095635

* BULGARIA *

Bulgarian Brewers Union Jan-Nov Sales Up 11.1% Dec 18, 2007, 18:48 CET | Story | SeeNews SOFIA (Bulgaria), December 18 (SeeNews) - The Union of Brewers in Bulgaria (UBB) said on Tuesday its members sold 260,585 hectolitres of beer in November, accumulating eleven-month sales of some 5.032 million hectoliters, up by 11.1% from a year earlier. http://seenews.com/news/latestnews/bulgarianbrewersunionjan-novsalesup11_1_-174426

BSE - Daily Bulletin, Selected Announcements - Dec 18, 2007 Dec 19, 2007, 10:22 CET | Specialists Reports | SeeNews At the meeting of the Board of Directors of Plovdiv-Yuri Gagarin BT PLC-Plovdiv, BSE code - GAGBT, held on 17.12.2007, has been taken a decision for changes within the company’s structure.The units "non-standard equipment" and "training materials and office products" will be closed down due to their relatively small share of the company’s incomes and to systematic unprofitability.Further, a decision has been made, the management structure of the company to be changed with regard to some departments, in view of management optimisation. http://seenews.com/news/latestnews/bse-dailybulletin_selectedannouncements-dec18_2007-102216

U.S. Starbucks To Enter Bulgaria in 2008 Dec 19, 2007, 13:09 CET | Story | SeeNews SOFIA (Bulgaria), December 19 (SeeNews) – U.S. coffee chain Starbucks on Wednesday said it plans to enter Bulgaria in 2008 as part of its strategy to expand worldwide. http://seenews.com/news/latestnews/u_s_starbuckstoenterbulgariain2008-125541

Philip Morris Says Raises Market Share in Bulgaria to 9.0% Dec 19, 2007, 13:45 CET | Story | SeeNews SOFIA (Bulgaria), December 19 (SeeNews) - Tobacco giant Philip Morris said on Wednesday it expanded its market share in EU newcomer Bulgaria to 9.0% from 7.0% in August. http://seenews.com/news/latestnews/philipmorrissaysraisesmarketshareinbulgariato9_0_-132249

Bulgarian Alfa Finance Holding Buys 51% of Local Insurance Broker Dec 19, 2007, 14:57 CET | Story | SeeNews SOFIA (Bulgaria), December 19 (SeeNews) - Bulgarian industrial and financial group Alfa Finance Holding on Wednesday said it has bought 51% of local insurance broker Broker Ins for an undisclosed sum. http://seenews.com/news/latestnews/bulgarianalfafinanceholdingbuys51_oflocalinsurancebroker-144508

Moody’s Raises Bulgarian Consumer Credit Firm JetFinance Rating to ‘Ba3’ from ‘B2’, Outlook Positive Dec 19, 2007, 15:13 CET | Story | SeeNews SOFIA (Bulgaria), December 19 (SeeNews) - International rating agency Moody’s said on Wednesday said it had upgraded the long-term issuer rating of Bulgarian credit firm JetFinance International (JFI) to ‘Ba3’ from ‘B2’ following its acquisition by BNP Paribas’ consumer credit unit Cetelem. http://seenews.com/news/latestnews/moody_sraisesbulgarianconsumercreditfirmjetfinanceratingto___ba3___from-150813

Bulgaria To Shut down 190-MW Unit at Bobov Dol Coal-fired Power Plant Dec 19, 2007, 15:21 CET | Story | SeeNews SOFIA (Bulgaria), December 19 (SeeNews) – Bulgaria will shut down indefinitely a 190-megawatt (MW) generation unit at its Bobov Dol coal-fired power plant on December 31 due to the unit’s incompatibility with environment protection requirements of the European Union, the plant’s executive director, Vladimir Vladimirov, said on Wednesday. http://seenews.com/news/latestnews/bulgariantohalt190mwunitforbreachingeuenvironmentalstandards-143505

Bulgarian Online Media Group MSKey Buys 50% of Website Profit.bg, Eyes More Acquisitions Dec 19, 2007, 15:35 CET | Story | SeeNews SOFIA (Bulgaria), December 19 (SeeNews) - Bulgarian online media company MSKey Group has bought 50% of local business information website Profit.bg from Profit BG Group for an undisclosed sum, and plans more acquisitions, MSKey Group executive director said on Wednesday. http://seenews.com/news/latestnews/bulgarianinternetmediacompanymskeygroupbuys50_oflocalpeerprofit_bg-131243

Bulgarian Clothes Maker Max Danieli Issues $2.5 Mln Bond Dec 19, 2007, 16:03 CET | Story | SeeNews SOFIA (Bulgaria), December 19 (SeeNews) – Bulgarian clothes producer Max Danieli, a representative of Italy’s Max Danieli, said on Wednesday it has placed a $2.5 million (1.7 million euro) bond issue. http://seenews.com/news/latestnews/bulgarianclothesmakermaxdanieliissues_2_5mlnbond-154602

Bulgaria’s Financial Regulator Licenses Roi Property Fund as REIT Dec 19, 2007, 17:23 CET | Story | SeeNews SOFIA (Bulgaria), December 19 (SeeNews) - Bulgaria’s financial regulator on Wednesday licensed Bulgarian-based company Roi Property Fund as a real estate investment trust (REIT). http://seenews.com/news/latestnews/bulgaria_sfinancialregulatorlicensesroipropertyfundasreit-171500

Bulgaria’s Lead/Zinc Smelter KCM Sees ’07 Net Profit at 32.4 Mln Euro Dec 19, 2007, 18:12 CET | Story | SeeNews SOFIA (Bulgaria), December 19 (SeeNews) - Bulgaria’s largest lead and zinc smelter KCM on Wednesday said it expects to end the year with a net profit of 63.5 million levs ($46.7 million/32.4 million euro), down 6.6% from 2006. http://seenews.com/news/latestnews/bulgaria_slead_zincsmelterkcmsees_07netprofitat32_4mlneuro-174137

BULGARIA’S 9-MO GDP GROWTH SLOWS TO REAL 5.7% FROM 6.2% YR AGO - STATS OFFICE Dec 19, 2007, 14:56 CET | Alert | SeeNews http://seenews.com/news/latestnews/bulgaria_s9-mogdpgrowsx_x_y_yvs6_2_y_yyrago-statsoffice-095837

Bulgaria’s 9-mo GDP Growth Slows to Real 5.7% from 6.2% Yr Ago Dec 19, 2007, 15:06 CET | Story | SeeNews SOFIA (Bulgaria), December 19 (SeeNews) - Bulgaria’s gross domestic product (GDP) grew by a real 5.7% on the year in the first nine months of 2007, slower than the 6.2% rise recorded in the same period a year earlier, the National Statistics Office (NSI) said on Wednesday. http://seenews.com/news/latestnews/bulgaria_s9-mogdpgrowsx_x_y_y-101517

UPDATE 1 - Bulgaria’s 9-mo GDP Growth Slows to Real 5.7% from 6.2% Yr Ago - Table Dec 19, 2007, 15:23 CET | Story | SeeNews SOFIA (Bulgaria), December 19 (SeeNews) - Bulgaria’s gross domestic product (GDP) grew by a real 5.7% on the year in the first nine months of 2007, slower than the 6.2% rise recorded in the same period a year earlier, the National Statistics Office (NSI) said on Wednesday. http://seenews.com/news/latestnews/update1-bulgaria_sh1gdpgrows6_4_y_y-table-103749

ANALYST COMMENTS - Bulgaria’s 9-mo GDP Growth Slows to Real 5.7%, Below Expectations Dec 19, 2007, 18:29 CET | Analysis | SeeNews SOFIA (Bulgaria), December 19 (SeeNews) - Bulgaria’s gross domestic product (GDP) grew by a real 5.7% on the year in the first nine months of 2007, slower than the 6.2% rise recorded in the same period a year earlier and below analyst expectations. http://seenews.com/news/latestnews/analystcomments-bulgaria_s9-mogdpgrowthslowstoreal5_7_from6_2_yrago-173552

BULGARIA NOV JOBLESS RATE AT 6.62% VS 8.69% YR-AGO - GOVT EMPLOYMENT AGENCY Dec 19, 2007, 11:31 CET | Alert | SeeNews http://seenews.com/news/latestnews/bulgarianovjoblessrateat6_62_vs8_69_yrago-employmentagency-113014

Bulgaria’s November Jobless Rate Falls to 6.62% - Table Dec 19, 2007, 11:54 CET | Story | SeeNews SOFIA (Bulgaria), December 19 (SeeNews) - Bulgaria’s November unemployment rate fell to 6.62% from 6.73% a month earlier and 8.69% in November 2006, official statistics showed on Wednesday. http://seenews.com/news/latestnews/bulgaria_snovemberjoblessratefallsto6_62_-table-114830

UPDATE 1 – Bulgaria’s November Jobless Rate Falls to 6.62% Dec 19, 2007, 13:08 CET | Story | SeeNews (adds details) http://seenews.com/news/latestnews/update1___bulgaria___snovemberjoblessratefallsto6_62_-121223

Elana - Bulgaria Daily Report - Dec 18, 2007 Dec 19, 2007, 10:32 CET | Broker’s Report | SeeNews MARKET HIGHLIGHTSThe market remained under pressure and all indices were solidly down. The only gainer was BGREIT as the demand for REITs is usually strong during corrections. The volumes were very thin with several exceptions. Zarneni Hrani Bulgaria (ZHBG: 4.44; +0.91%) and its parent company Chimimport (CHIM: 14.95; -3.11%) set up large part from the daily turnover for consecutive session. The banking sector declined in light volumes. Petrol (PET: 5.24; +2.55%) outperformed among SOFIX’s components, followed by Elana Agricultural Land Opportunity Fund (ELARG: 2.12; +0.95%). http://seenews.com/news/latestnews/elana-bulgariadailyreport-dec18_2007-102837

STS Finance - USA Stock Markets Daily Review - Dec 19, 2007 Dec 19, 2007, 11:02 CET | Broker’s Report | SeeNews First Positive SessionFor Wall Street After Two Days Of Losses http://seenews.com/news/latestnews/stsfinance-usastockmarketsdailyreview-dec19_2007-105804

FFBH - Bulgaria Morning Update - Dec 19, 2007 Dec 19, 2007, 11:44 CET | Broker’s Report | SeeNews MARKET WRAP-UPOn Tuesday we saw decline in all the indices. SOFIX closed 1659.67 (-2.60%), BG40 493.83 (-2.51%), BGTR30 1049.36 (- 1.59%). Major decreases were noticed in Chimimport CHIM (-3.11%), Albena (-6.97%) and Orgachim 628.76 (-2.29%). http://seenews.com/news/latestnews/ffbh-bulgariamorningupdate-dec19_2007-114016

Bulgarian Stock Indices Mostly Down, Trend Seen Continuing Dec 19, 2007, 17:15 CET | Story | SeeNews SOFIA (Bulgaria), December 19 (SeeNews) – Bulgarian stock indices ended mostly lower on Wednesday and the trend is seen continuing in the two remaining trading sessions before the bourse closes for the Christmas holidays, brokers said. http://seenews.com/news/latestnews/bulgarianstockindicesmostlydown_trendseencontinuing-164939

Bulgaria Schedule of Events - Dec 19-Jan 30 Dec 19, 2007, 11:34 CET | Story | SeeNews SOFIA (Bulgaria), December 19 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in, or related to, Bulgaria through January 30. New or amended entries are marked (*). http://seenews.com/news/latestnews/bulgariascheduleofevents-dec19-jan30-112754

STS Finance - Daily FX Analysis - Dec 19, 2007 Dec 19, 2007, 10:55 CET | Broker’s Report | SeeNews The Yen fell against the majors http://seenews.com/news/latestnews/stsfinance-dailyfxanalysis-dec19_2007-105319

Bulgaria’s 9-mo Computer, Telecoms Hardware Market Grows 21% Y/Y to $659.8 Mln - Researcher Dec 19, 2007, 18:22 CET | Story | SeeNews SOFIA (Bulgaria), December 19 (SeeNews) - The Bulgarian market for computer and telecommunications hardware equipment grew 21% year-on-year in the first nine months of 2007 to $659.8 million (458.5 million euro), a local market researcher said on Wednesday. http://seenews.com/news/latestnews/bulgaria_s9-mocomputer_telecomshardwaremarketgrows21_y_yto_659_8mln—173527

* CROAZIA *

Croatia’s Hypo Alpe-Adria Bank Appoints New Management Board Chairman Dec 19, 2007, 17:30 CET | Story | SeeNews ZAGREB (Croatia), December 19 (SeeNews) - Croatia’s Hypo Alpe-Adria Bank on Wednesday said it has appointed Markus Ferstl as new Chairman of the Management Board. http://seenews.com/news/latestnews/croatia_shypoalpe-adriabankappointsnewmanagementboardchairman-171533

CROATIAN BLUE-CHIP ELECTRICAL EQUIPMENT MAKER KONCAR SEES 2008 NET PROFIT UP 10% TO 78.5 MLN KUNA (10.7 MLN EURO) Dec 19, 2007, 18:04 CET | Alert | SeeNews

http://seenews.com/news/latestnews/croatianblue-chipelectricalequiomentmakerkoncarsees2008netprofitup10_to-180121

Croatian Blue-Chip Electrical Equipment Maker Koncar Sees 2008 Net Profit Up 10% Dec 19, 2007, 18:40 CET | Story | SeeNews ZAGREB (Croatia), December 19 (SeeNews) - Croatian blue-chip electrical equipment maker Koncar said on Wednesday it expects 10% growth in its 2008 net profit to 78.5 million kuna ($15.4 million/10.7 million euro), after a projected 49% rise this year. http://seenews.com/news/latestnews/croatianblue-chipelectricalequipmentmakerkoncarsees2008netprofitup10_-182657

Croatia Opens Two More Chapters in EU Accession Talks Dec 19, 2007, 17:54 CET | Story | SeeNews ZAGREB (Croatia), December 19 (SeeNews) - Croatia opened on Wednesday two new chapters in its accession talks with the European Union, bringing the number opened so far to 16, the EU said. http://seenews.com/news/latestnews/croatiaopenstwomorechaptersineuaccessiontalks-174045

Croatia Allows Pension Funds To Invest in Riskier Domestic Firms, Share Indices Rise Dec 18, 2007, 19:31 CET | Story | SeeNews ZAGREB (Croatia), December 18 (SeeNews) – Long-awaited legislative changes allowing mandatory pension funds in Croatia to invest part of their assets in riskier local companies took effect on Tuesday, lifting the share indices of the Zagreb bourse, analysts said. http://seenews.com/news/latestnews/croatiaallowspensionfunstoinvestinriskierdomesticfirms_shareindicesrise-190231

Croatian Share Indices Rebound on Legislative Changes for Pension Funds Dec 18, 2007, 19:59 CET | Story | SeeNews ZAGREB (Croatia), December 18 (SeeNews) - Croatian share indices rebounded on Tuesday on legislative changes to allow obligatory pension funds to invest a portion of their assets in riskier domestic companies, market analysts said. http://seenews.com/news/latestnews/croatianshareindicesreboundonlegislationchanges-194522

FIMA Stock Monitor - Daily - Dec 18, 2007 Dec 19, 2007, 10:46 CET | Broker’s Report | SeeNews Daily comment:It was a quite an exciting day on Zagreb Stock Exchange. After spending whole morning in the negative territory, popular benchmark started to climb and ended session 2,1% higher near 5.000 pts level. The only “culprit” for sharp CROBEX recovery is new rulebook regarding additional investment criteria and restrictions for obligatory pension funds (PMF’S). According to this regulation, PMF’s can also invest into lower than official market tiers up to 15% of its assets or around HRK 3,0 billion. Selection criteria for those issues are mk cap larger than HRK 750 million or free float bigger than HRK 200 million. This official gazette announcement pushed index members up: telecom solutions provider Ericsson Nikola Tesla (ERNT-R-A) added 3,7%, preferred Adris (ADRSP- A) issue soared by 3,7%, building constructor Tehnika (THNK-R-A) by 3,3%, shipping company Atlantska plovidba (ATPL-R-A) increased by 2,3% and Zagrebačka bank (ZABA-R-A) by 3,4%. New 23 million w orth contract with telecom operator BH Telecom was additional trigger for ERNT share. With latest price growth this issue is far away from oversold territory as its RSI reached 62.09. Consulting company Ingra (INGR-R-A) and Croatian telecom (HT-R-A) were only “millionaires” with price decline today. Those issues plunged 1% and 1,4% respectively. Commercial court registered Uljanik plovidba (ULPL-R-A) capital increase up to HRK 160 million, divided into 400k shares with par value of HRK 400. It is reasonable expect increased supply of this issue in further period. ULPL share today remained unchanged on minimum turnover. Closing price of HRK 3.099 gives more than 30% up-side potential. http://seenews.com/news/latestnews/fimastockmonitor-daily-dec18_2007-104249

Erste Securities - Croatian Equity Daily - Dec 19, 2007 Dec 19, 2007, 11:18 CET | Broker’s Report | SeeNews MARKET COMMENTThe Croatian equity market on Tuesday was under great influence from the decision by the Croatian Financial Services Supervisory Agency (HANFA) to allow Croatian pension funds to invest in shares listed on the joint stock companies market (JDD market). The market opened rather bearish, with low investor activity. However, after HANFA’s decision was announced, the market turned around, with prices and liquidity surging. The CROBEX went up from negative territory to almost 3% intraday growth and closed with 2.1% growth at the end of the day. Shipping company Atlantska plovidba attracted great attention among pension funds, recording all-time high daily turnover and gaining 2.3%. Ericsson Nikola Tesla and Adris also reacted positively, gaining 3.7% each. On the other side, the new market’s development seemed to have a negative influence on some of the stocks listed on the Official market, like Magma and T-Hrvatski Telekom, which lost 4.1% and 1.4%, respectively . http://seenews.com/news/latestnews/erstesecurities-croatianequitydaily-dec19_2007-111335

Croatia Schedule of Events - Dec 19 – Feb 20 Dec 19, 2007, 09:03 CET | Story | SeeNews ZAGREB (Croatia), December 19 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Croatia through February 20. New or amended entries are marked (*). http://seenews.com/news/latestnews/croatiascheduleofevents-dec19___feb20-090150

Croatia C-Bank Approves all Bids in Revrepo Auction, Weighted Rate Rises Dec 19, 2007, 12:52 CET | Story | SeeNews ZAGREB (Croatia), December 19 (SeeNews) – The Croatian central bank said on Wednesday it approved all bids for Treasury bills worth 6.159 billion kuna ($1.214 billion/843 million euro) placed in its weekly reverse repo auction, as the weighted repo rate rose. http://seenews.com/news/latestnews/croatiac-bankapprovesallbidsinrevrepoauction_weightedraterises-122345

UPDATE 1 - Croatia C-Bank Approves all Bids in Revrepo Auction, Weighted Rate Rises Dec 19, 2007, 14:47 CET | Story | SeeNews (adds traders’ comments) http://seenews.com/news/latestnews/update1-croatiac-bankapprovesallbidsinrevrepoauction_weightedraterises-142906

Croatian C-Bank Doubles Discount Rate to 9.0% To Comply with New Legislation Dec 19, 2007, 16:23 CET | Story | SeeNews ZAGREB (Croatia), December 19 (SeeNews) – The Croatian central bank said on Wednesday it has doubled its discount rate to 9.0% to comply with new rate-setting legislation, making it equal to the Lombard rate for the first half of next year. "Although this discount rate has had no practical importance in the maintenance of the monetary policy, the provisions of the Civil Obligations Law that will become effective as of the beginning of next year stipulate that punitive rates and the maximum contractual rates must be set for each half-year period in relation to the discount rate," the central bank said in a statement after its last board meeting for 2007. http://seenews.com/news/latestnews/croatianc-bankdoublesdiscountratetocomplywithnewlegislation-154620

* MACEDONIA *

MACEDONIA TURNS TO 28.09 MLN EURO C/A DEFICIT FOR SEPT FROM 52.97 MLN EURO SURPLUS YR AGO – STATS OFFICE Dec 19, 2007, 13:00 CET | Alert | SeeNews http://seenews.com/news/latestnews/macedoniaturnsto28_09mlneuroc_adeficitinseptemberfrom52_97mlneurosurplus-125706

Macedonia Turns to 28.09 Mln Euro C/A Gap for September from 52.97 Mln Euro Surplus Yr Ago - Table Dec 19, 2007, 13:52 CET | Story | SeeNews SKOPJE (Macedonia), December 19 (SeeNews) - Macedonia’s September current account balance showed a preliminary deficit of 28.09 million euro ($40.5 million), as compared to a surplus of 52.97 million euro a year earlier, central bank data showed on Wednesday. http://seenews.com/news/latestnews/macedoniaturnsto28_09mlneuroc_adeficitfrom52_97mlneurosurplusyrago-table-125818

Macedonia’s 9-Mo FDI at $116.6 Mln - C-Bank Dec 19, 2007, 14:39 CET | Story | SeeNews SKOPJE (Macedonia), December 19 (SeeNews) - Foreign direct investments (FDI) in Macedonia for the first nine months of the year totalled $116.6 million (80.96 million euro), central bank statistics showed on Wednesday. http://seenews.com/news/latestnews/macedonia___s9-mofdiat_116_6mln-134616

Macedonian C-bank Absorbs 2.773 Bln Denars (45.2 Mln Euro) in 28-day Repo Funds Dec 19, 2007, 15:13 CET | Story | SeeNews SKOPJE (Macedonia), December 19 (SeeNews) - Macedonia’s central bank, NBRM, on Wednesday absorbed 2.773 billion denars ($65.1 million/45.2 million euro) in 28-day repo funds from the banking system. http://seenews.com/news/latestnews/macedonianc-bankabsorbs2_773blndenars_45_2mlneuro_in28-dayrepofunds-145637

Macedonia Schedule of Events - Dec 19 - Nov 28 Dec 19, 2007, 10:58 CET | Story | SeeNews SKOPJE (Macedonia), December 19 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in, or related to, Macedonia through Nov 28. New or amended entries are marked (*). http://seenews.com/news/latestnews/macedoniascheduleofevents-dec19-nov28-105215

* MOLDOVA *

Moldova’s Banca Sociala Raises Capital to 4.0 Mln Euro Dec 19, 2007, 11:14 CET | Story | SeeNews CHISINAU (Moldova), December 19 (SeeNews) – Moldova’s Banca Sociala has raised its equity capital to 65 million lei ($5.7 million/4.0 million euro) through a 7.4 million lei share issue, the Moldovan Securities Commission CNPF said on Wednesday. http://seenews.com/news/latestnews/moldovanbancasocialaraisescapitalto4_0mlneuro-110050

Moldova Schedule of Events - Dec 19-Jan 9 Dec 19, 2007, 10:33 CET | Story | SeeNews CHISINAU (Moldova), December 19 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Moldova through January 9. New or amended entries are marked (*) http://seenews.com/news/latestnews/moldovascheduleofevents-dec19-jan9-102718

* MONTENEGRO *

Montenegro Schedule of Events - Dec 19 - Jan 2 Dec 19, 2007, 09:44 CET | Story | SeeNews PODGORICA (Montenegro), December 19 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in, or related to, Montenegro through January 2. New or amended entries are marked (*). http://seenews.com/news/latestnews/montenegroscheduleofevents-dec19-jan2-094227

* ROMANIA *

Romania’s Unita Tourism Buys 54% of Tourism Firm Olimp Estival 2002 for 79.2 Mln Lei (22.4 Mln Euro) Dec 18, 2007, 19:05 CET | Story | SeeNews BUCHAREST (Romania), December 18 (SeeNews) – Romania’s Unita Tourism Holding has bought 54% of tourism company Olimp Estival 2002 for 79.2 million lei ($32.2 million/22.4 million euro), the government’s asset-selling agency, AVAS, said on Tuesday. http://seenews.com/news/latestnews/romania___sunitatourismholdingwinstendertobuy54_oftourismfirmolimpestival-172935

Allotment Rights of Romania’s Transgaz Shares Gain 50% in First Hour of Trading Dec 19, 2007, 10:18 CET | Story | SeeNews BUCHAREST (Romania), December 19 (SeeNews) - The allotment rights attached to the shares in the initial public offering (IPO) of Romanian gas transmission company Transgaz traded 50% higher an hour after their bourse debut on Wednesday. http://seenews.com/news/latestnews/allotmentrightsofromania_stransgazgain50_infirsthouroftradingonbourse-100840

Romanian SIF 3 Transilvania Exits Oltenia Estival 2002 Hotel Dec 19, 2007, 14:36 CET | Story | SeeNews BUCHAREST (Romania), December 19 (SeeNews) - SIF 3 Transilvania, one of Romania’s five regional investment funds, said on Wednesday it sold its 39.62% stake in Oltenia Estival 2002 hotel for 3.1 million lei ($1.3 million/875,300 euro). http://seenews.com/news/latestnews/romaniansif3transilvaniaexitsolteniaestival2002hotel-142843

Romania Jan-Nov New Car Sales Up 23.4% Y/Y - Table Dec 19, 2007, 16:37 CET | Story | SeeNews BUCHAREST (Romania), December 19 (SeeNews) - Sales of new passenger cars in Romania in the first 11 months of 2007 rose by 23.4% on the year to 287,818 vehicles, the Romanian Car Producers and Importers Association, APIA, said on Wednesday. http://seenews.com/news/latestnews/romaniajan-novnewcarsalesup23_4_y_y-table-161221

Romania’s Jan-Nov Passenger Car Output Rises 12.1% Y/Y Dec 19, 2007, 17:13 CET | Story | SeeNews BUCHAREST (Romania), December 19 (SeeNews) - Romania manufactured 215,521 passenger cars in the first 11 months of 2007, up by 12.1% on the year, the Romanian Car Producers and Importers Association, APIA, said on Wednesday. http://seenews.com/news/latestnews/romania_sjan-novpassengercaroutputrises12_1_y_y-162345

Romania’s ING Fond de Pensii Hikes Share Capital, Targets 1.3 Mln Clients on Mandatory Pension Mkt Dec 19, 2007, 18:24 CET | Story | SeeNews BUCHAREST (Romania), December 19 (SeeNews) – Romanian pension fund ING Fond de Pensii said on Wednesday it has raised its equity capital by 91 million lei ($37.1 million/25.8 million euro) to 232 million lei and plans to increase its share of the mandatory pensions market by a third by January 17. http://seenews.com/news/latestnews/romania_singfonddepensiihikessharecapital_aims1_3mlnclientsonmandatorymkt-171616

Ieba Trust - Romanian Market Daily - Dec 18, 2007 Dec 19, 2007, 10:38 CET | Broker’s Report | SeeNews The five SIFs generated 71.01% of the Regular market daily turnover http://seenews.com/news/latestnews/iebatrust-romanianmarketdaily-dec18_2007-103624

Raiffeisen Capital & Investment - Investment Daily Romania - Dec 19, 2007 Dec 19, 2007, 11:29 CET | Broker’s Report | SeeNews Trader’s CommentSimilarily to previous trading sessions, yesterday’s early trade witnessed relatively lowliquidity with main indices falling up to 0.5% (on Mondays closing). After the first half an hour, however, the market mood changed with all indices posting significant growth. The total trading volume of EUR 69.3 mn was highly influenced by the closing of Asirom (ASRA) public tender offer, which accounted for EUR 22 mn. Another EUR 24 mn refers to trading of two RASDAQ companies, namely Select (SELT) and Inscut (INBW). The banks (TLV and BRD) showed good performance yesterday, though on rather modest volumes. Petrom was another performer closing at +3.45% dod. Last but not least, SIFs pleased the market with good trading volumes (EUR 12 mn) and share price development, SIF5 being the most remarkable with EUR 4.5 mn of trades. Accordingly, BET-FI rose 0.75% dod, though it rose as much as 1.42% (on Monday’s closing) in mid-trading. http://seenews.com/news/latestnews/raiffeisencapital_investment-investmentdailyromania-dec19_2007-112402

Romanian Stock Market Closes Mixed, Transgaz Allotment Rights Gain Sharply on Debut Dec 19, 2007, 16:40 CET | Story | SeeNews BUCHAREST (Romania), December 19 (SeeNews) - The Bucharest bourse on Wednesday was dominated by the allotment rights attached to the shares in the initial public offering (IPO) of Romanian gas transmission company Transgaz, which made big gains on their first day of trading, while bourse indices ended mixed. http://seenews.com/news/latestnews/romanianstockmarketclosesmixed_transgazallotmentrightsgainsharplyondebut-160250

Romania Schedule of Events - Dec 19 - Feb 26 Dec 19, 2007, 09:02 CET | Story | SeeNews BUCHAREST (Romania), December 19 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Romania through February 26. http://seenews.com/news/latestnews/romaniascheduleofevents-dec19-feb26-081710

Romanian Leu Remains Stable vs Euro Despite Falling O/N Rates Dec 19, 2007, 16:57 CET | Story | SeeNews BUCHAREST (Romania), December 19 (SeeNews) - The Romanian leu remained steady against the euro on Wednesday despite a slump in overnight rates, dealers said. http://seenews.com/news/latestnews/romanianleuremainsstablevseurodespitefallingo_nrates-162551

* SERBIA *

Kosovo Starts 9.5 Mln Euro Power Transformer Upgrade in April Dec 19, 2007, 11:12 CET | Story | SeeNews PRISTINA (Sebia), December 19 (SeeNews) - The U.N.-run Serbian province of Kosovo will launch a 9.5 million euro ($13.66 million) government-funded upgrade of a main electricity transformer in April, the province’s Transmission System and Market Operator (KOSTT) said. http://seenews.com/news/latestnews/kosovostarts9_5mlneurogov-fundedenergyprojectinapril-105539

Serbia’s Power Monopoly Plans to Invest 5.2 Bln Euro in Next Five Yrs Dec 19, 2007, 14:49 CET | Story | SeeNews BELGRADE (Serbia), December 19 (SeeNews) - Serbia’s power monopoly Elektroprivreda Srbije (EPS) said on Wednesday it planned to invest some 5.2 billion euro ($7.5 billion) in ongoing and new projects over the next five years. http://seenews.com/news/latestnews/serbia_spowermonopolyplanstoinvest5_2blneuroinnextfiveyrs-132734

Serbia Picks Local Contractors for 14.4 Mln Euro Road Projects Dec 19, 2007, 15:50 CET | Story | SeeNews BELGRADE(Serbia), December 19 (SeeNews) – Serbian state-run road operator Putevi Srbije said on Wednesday it has contracted three local firms for the construction of three road sections, worth a total 1.123 billion dinars ($20.8 million/14.4 million euro). http://seenews.com/news/latestnews/serbiapickslocalconstructorsfor14_4mlneuroroadprojects-152507

Vojvodjanska Banka - Daily Vobnews - Dec 19, 2007 Dec 19, 2007, 11:33 CET | Broker’s Report | SeeNews Vojvodjanska banka released its Daily Vobnews Report for December 19, 2007 containing the following charts and tables: http://seenews.com/news/latestnews/vojvodjanskabanka-dailyvobnews-dec19_2007-113148

Sinteza Investment Group - Daily Market WrapUp - Dec 18, 2007 Dec 19, 2007, 11:53 CET | Broker’s Report | SeeNews Sinteza Investment Group has released its Daily Market WrapUp for December 18, 2007, containg an overview of the Serbian Financial Market http://seenews.com/news/latestnews/sintezainvestmentgroup-dailymarketwrapup-dec18_2007-115059

Belgrade Indices Edge Down, Metal Pipes Trader Beogradelektro Generates Half of Turnover Dec 19, 2007, 16:39 CET | Story | SeeNews BELGRADE (Serbia), December 19 (SeeNews) – The share indices of the Belgrade Stock Exchange (BELEX) edged down on Wednesday and metal pipes trader Beogradelektro generated half of the day’s turnover, brokers said. http://seenews.com/news/latestnews/belgradeindicesedgedownasmetalpipestraderbeogradelektroboostshalfofthe-160048

Serbia Schedule of Events - Dec 19 - Jan 7 Dec 19, 2007, 09:34 CET | Story | SeeNews BELGRADE (Serbia), December 19 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Serbia through January 7. New or amended entries are marked (*). http://seenews.com/news/latestnews/serbiascheduleofevents-dec19-jan7-093115

* SLOVENIA *

Slovenia’s Borzen, Eurex To Launch Spot Power Exchange in SEEurope Next Year Dec 18, 2007, 19:08 CET | Story | SeeNews LJUBLJANA (Slovenia), December 18 (SeeNews) - Slovenian power exchange Borzen and Eurex, the international derivatives exchange, said on Tuesday they will jointly launch a spot power market for the Southeastern European region from January 1. http://seenews.com/news/latestnews/borzen_eurextolaunchspotpowerexchangeinseeuropenextyear-165212

Slovenia’s Petrol Plans 13% Rise in Group Operating Profit in 2008 Dec 19, 2007, 14:19 CET | Story | SeeNews LJUBLJANA (Slovenia), December 19 (SeeNews) – Slovenian fuel trader Petrol expects to raise its group operating profit by 13% to 56.3 million euro ($82 million) next year on the back of a rise in sales, it said on Wednesday. http://seenews.com/news/latestnews/slovenia___spetrolplans13_risein2008groupoperatingprofit-141020

Slovenia’s Top Bank NLB Raises Stake in Kosovo’s NLB Kasabank to 75.25% Dec 19, 2007, 15:39 CET | Story | SeeNews LJUBLJANA (Slovenia), December 19 (SeeNews) - Slovenia’s biggest bank by assets Nova Ljubljanska Banka (NLB) said on Wednesday it has bought 25.1% of NLB Kasabank, the third-largest bank in the U.N.-run Serbian province of Kosovo, for 8.296 million euro ($12 million), raising its stake in the bank to 75.25%. http://seenews.com/news/latestnews/slovenia___stopbanknlbbuys25_1_ofkosovo___snlbkasabank_raisesstaketo-153401

SLOVENIA’S OCT INDUSTRIAL SALES RISE +9.8 M/M, +12.5% Y/Y VS. +18.6 M/M, +3.4% Y/Y IN SEPT - STATS OFFICE Dec 19, 2007, 17:13 CET | Alert | SeeNews http://seenews.com/news/latestnews/slovenia_soctindustrialsalesrise_9_8m_m__12_5_y_yvs__18_6m_m__3_4_y_yin—171228

Slovenia’s Oct Industrial Sales Rise Real 9.8% M/M - Table Dec 19, 2007, 17:15 CET | Story | SeeNews LJUBLJANA (Slovenia), December 19 (SeeNews) - Slovenia’s October industrial sales rose by a real 9.8% month-on-month after rising by 18.6% in September, the State Statistics Office said on Wednesday. http://seenews.com/news/latestnews/slovenia_soctindustrialsalesrisereal9_8_m_m-table-164832

Slovenian Blue-Chip Index Ends Higher, NKBM Rises Further Dec 18, 2007, 19:21 CET | Story | SeeNews LJUBLJANA (Slovenia), December 18 (SeeNews) – Slovenian stock indices rose in higher turnover on Tuesday with shares in Nova Kreditna Banka Maribor (NKBM), the country’s second largest bank by assets, rising by almost a further two percent, brokers said. http://seenews.com/news/latestnews/slovenianblue-chipindexendup_nkbmrisesfurther-183233

Nostre raccomandazioni finali:

Avviso n. 1

Subito dopo il sommario della notizia è posizionato il link per accedere al testo integrale.

AIIDATA