SEENEWS – news report of 05.08.2008

News report of 05.08.2008

* Albania *

Albania Sells 6.2 Bln Leks (51.5 Mln Euro) in 3-mo T-Bills, Yields Fall Aug 05, 2008, 15:23 CET | Story | SeeNews TIRANA (Albania), August 5 (SeeNews) - Albania’s central bank sold its entire offer of 6.2 billion leks ($79.4 million/51.5 million euro) in three-month Treasury bills at an auction on Tuesday as yields fell slightly, the bank said. link

* Bosnia *

Volkswagen To Move Part of Slovakian Operations to Bosnia Factory - Media Aug 05, 2008, 16:07 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), August 5 (SeeNews) – Germany’s Volkswagen, the biggest car maker in Europe, plans to relocate a braking elements unit from Slovakia to its Bosnian factory, daily newspaper Nezavisne Novine reported on Tuesday. link

Bosnia’s Metal Gradiska H1 Net Profit Falls 22% - Table Aug 05, 2008, 09:45 CET | Story | SeeNews BANJA LUKA (Bosnia and Herzegovina), August 5 (SeeNews) – Bosnian metal profiles and tools manufacturer Metal Gradiska had a first-half net profit of some 794,500 marka ($634,000/408,000 euro), down from 1.023 million marka a year ago, figures showed on Tuesday. link

Bosnian Coal Mining and Energy Complex Ugljevik Cuts H1 Loss by 75% - Table Aug 05, 2008, 09:11 CET | Story | SeeNews BANJA LUKA (Bosnia and Herzegovina), August 5 (SeeNews) – Bosnian coal mining and energy complex Ugljevik cut its first-half loss to some 2.78 million marka ($2.22 million/1.43 million euro) from 11.23 million marka a year ago, figures showed on Tuesday. link

Bosnia Schedule of Events – Aug 5 - Nov 20 Aug 05, 2008, 08:51 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), August 5 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Bosnia and Herzegovina through November 20. New or amended entries are marked (*). link

* Bulgaria *

France’s Societe Generale Gets Green Light To Sell 10 SGAM Funds in Bulgaria Aug 05, 2008, 17:02 CET | Story | SeeNews SOFIA (Bulgaria), August 5 (SeeNews) - France’s Societe Generale Asset Management (SGAM) has received the green light to offer investors shares in 10 sub-funds in Bulgaria, the country’s financial regulator said on Tuesday. link

INTERVIEW - Bulgarian Aluminium Plant Alcomet Plans 50 Mln Euro Investment To Double Output by 2011 Aug 05, 2008, 16:42 CET | Interview | SeeNews SOFIA (Bulgaria), August 5 (SeeNews) – Sofia-listed Bulgarian aluminium producer Alcomet plans to invest 50 million euro ($77.6 million) to double its output by 2011 and increase sales by at least as much, the company’s executive director said on Monday. link

Bulgaria’s Financial Regulator Licenses 17th Voluntary Health Insurer Aug 05, 2008, 16:12 CET | Story | SeeNews SOFIA (Bulgaria), August 5 (SeeNews) - Bulgaria’s financial regulator said on Tuesday it has licensed voluntary health insurance fund Weiss Medica as the seventeenth such insurer in the country. link

Bulgarian Financial Regulator Licenses Balkanika Imoti REIT Aug 05, 2008, 16:01 CET | Story | SeeNews SOFIA (Bulgaria), August 5 (SeeNews) - Bulgaria’s financial watchdog said on Tuesday it licensed Balkanika Imoti as a real estate investment trust (REIT). link

INTERVIEW – Bulgarian Electronics Retailer Technopolis Maintains Mkt Expansion Plans Aug 05, 2008, 15:45 CET | Interview | SeeNews SOFIA (Bulgaria), August 5 (SeeNews) – Bulgarian consumer electronics retail chain Technopolis plans to maintain organic growth in the middle term, covering larger cities across the EU member and accounting for at least a third of the national market, its president said. link

Bulgarian Share Indices End Lower, Investors Awaiting News from U.S. Central Bank, Eurozone Aug 05, 2008, 15:27 CET | Story | SeeNews SOFIA (Bulgaria), August 5 (SeeNews) - Bulgarian stock indices ended lower on Tuesday as institutional investors awaited news from the U.S. Federal Reserve and on interest rates in the Eurozone due later in the day, brokers said. link

United Bulgarian Bank Gets Nod To Set Up Mutual Fund Aug 05, 2008, 15:26 CET | Story | SeeNews SOFIA (Bulgaria), August 5 (SeeNews) - Bulgaria’s financial regulator on Tuesday gave the green light to local United Bulgarian Bank (UBB), part of the National Bank of Greece, to launch a mutual fund that will invest mainly in real estate investment trusts. link

Bulgaria’s 2008 Wheat Crop Reaches 17-Year High of 4.4 Mln T Aug 05, 2008, 15:06 CET | Story | SeeNews SOFIA (Bulgaria), August 5 (SeeNews) – Good farming practices and favourable weather have led to a 17-year high wheat crop in Bulgaria, Agriculture Minister Valeri Tsvetanov said on Tuesday. link

Bulgaria’s Sofia Public Transport Company Seeks Up to 18 Mln Euro EBRD Loan for Upgrades Aug 05, 2008, 13:55 CET | Story | SeeNews SOFIA (Bulgaria), August 5 (SeeNews) - The public transport company of Bulgaria’s capital Sofia is seeking to borrow up to 18 million euro ($27.9 million) from the European Bank for Reconstruction and Development (EBRD) for the upgrade of its trolleybus network, an EBRD official said on Tuesday. link

Bulgarian Ministry of Finance - Consolidated Fiscal Programme - June 2008 Aug 05, 2008, 13:55 CET | State Agencies Reports | SeeNews The Bulgarian Ministry of Finance has published its monthly report on the consolidated fiscal programme as of June 30, 2008. link

Bulgarian Ministry of Finance - Government Debt Management - June 2008 Aug 05, 2008, 13:54 CET | State Agencies Reports | SeeNews The Bulgarian Ministry of Finance has published its monthly Government Debt management bulletin for June 2008. link

Bulgarian Ministry of Finance - Republican Budget - June 2008 Aug 05, 2008, 13:53 CET | State Agencies Reports | SeeNews The Bulgarian Ministry of Finance has published its monthly data report on republican budget as of June 30, 2008. link

Bulgarian Ministry of Finance - Government Debt Management - May 2008 Aug 05, 2008, 13:28 CET | State Agencies Reports | SeeNews The Bulgarian Ministry of Finance has published its monthly Government Debt Management bulletin for May 2008. link

Romania’s June Retail Sales Volume Annual Growth Highest in EU - Eurostat Aug 05, 2008, 13:27 CET | Story | SeeNews BUCHAREST (Romania), August 5 (SeeNews) - Romania’s retail sales volume rose by an annual 23.3% in June, the highest increase among all European Union member states, the bloc’s statistics office said on Tuesday. link

UPDATE 1 - Bulgarian Bourse Extends Suspension of Trading in Aroma Shares in Compliance with Injunction Order Aug 05, 2008, 13:04 CET | Story | SeeNews (adds comment from Aroma supervisory board chairman) link

FFBH - Bulgaria Morning Update - Aug 5, 2008 Aug 05, 2008, 11:28 CET | Broker’s Report | SeeNews MARKET WRAP-UP link

Bulbrokers - Daily FX Analysis - Aug 5, 2008 Aug 05, 2008, 10:53 CET | Broker’s Report | SeeNews The Dollar Scores an Optimistic Start of the Week link

Bulbrokers - USA Stock Markets Daily Review - Aug 5, 2008 Aug 05, 2008, 10:42 CET | Broker’s Report | SeeNews Stocks pulled back from their lows Monday after a big drop in oil prices reduced some of investors’ concerns about rising inflation. The investors on Wall Street traded cautiously ahead of the Fed’s meeting. The Fed is expected to keep interest rates steady at 2%, despite the latest inflation data. Producers’ price index rose sharply in June, due to the higher commodities prices. The forecasts are optimistic, because the market believes that the oil price correction from the last couple of weeks will ease inflation significantly. That might take pressure off the Fed to raise rates as a means of containing inflation. Moreover, the drop in oil appeared to erase some of investors’ worries for the huge jump in consumers’ spending, fuelled by the expensive gasoline.The consumer spending rose by 0.8 % in June - the biggest jump in the indicator since a 1% rise in February 1981. June US factory orders also jumped at their fastest pace in six months. The report reflected increase s in petroleum prices and heavy demand for military equipment. Orders rose by 1.7% in June, more than double what had been expected. Despite that investors showed no clear reaction to the news.The investors’ attention continues to be focused on the corporate earnings reports for the second quarter. Today after the end of the session Cisco Systems Inc., News Corp. and Procter & Gamble Co. are expected to report earnings. link

Bulgarian Bourse Extends Suspension of Trading in Aroma Shares in Compliance with Injunction Order Aug 05, 2008, 10:08 CET | Story | SeeNews SOFIA (Bulgaria), August 5 (SeeNews) - The Bulgarian Stock Exchange (BSE) has extended the suspension of trading in the shares of local cosmetics maker Aroma by three days in compliance with an injunction order, the BSE said. link

Raiffeisen Capital & Investment - Company News Romania - Banca Transilvania First Impression Q2 2008 Aug 05, 2008, 10:08 CET | Broker’s Report | SeeNews Nothing really special (neutral) link

Elana - Bulgaria Daily Report - Aug 4, 2008 Aug 05, 2008, 09:52 CET | Broker’s Report | SeeNews Market Highlights link

Bulgaria Schedule of Events - August 5 - Nov 25 Aug 05, 2008, 09:41 CET | Story | SeeNews SOFIA (Bulgaria), August 5 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Bulgaria through November 25. New or amended entries are marked (*). link

Bulgarian Stock Exchange - Daily Bulletin, Selected Announcements - August 4, 2008 Aug 05, 2008, 09:36 CET | Specialists Reports | SeeNews KMM AD-Shumen /4KP/ announces that Aynur Eyubova Velieva has been appointed an acting Investor Relations Director as from 01.08.2008 till the holder Svetlana Pavlova Petrova returns. link

Karoll - SOFIX Short Term Outlook - Aug 4, 2008 Aug 05, 2008, 09:23 CET | Broker’s Report | SeeNews After the SOFIX made a temporary low at 1111 at the beginning of May this year, a rally attempt followed, however the prices could not move sustainably abv the 1259 key Fibonacci level. The subsequent decline in late June and in July brought decline below the 1111 level and currently the index is trading near and below the 1000 level. The Medium-Term prospects remain unchanged and we are confident that the decline from the October 2007 top corrects the entire previous rise from 2001 low to 2007 top. As said previously, the minimum requirement for this decline is to bring prices into the 700-900 zone - only then this decline will be considered to be of the same degree as the previous advance. Of course, that is only the minimum requitement and the decline from the October 2007 top can reach much lower levels (twd 550) before this bear ends. link

Bulgarian Stock Exchange - Daily Report - Aug 4, 2008 Aug 05, 2008, 08:56 CET | Specialists Reports | SeeNews The Bulgarian Stock exchange has published its report on turnover and prices for August 4, 2008. link

Bulgarian Stock Exchange - Daily Bulletin, Selected Announcements - August 1, 2008 Aug 05, 2008, 08:56 CET | Specialists Reports | SeeNews Orgachim AD-Ruse /5ORG/ has submitted to BSE-Sofia corrected minutes of its General Meeting of Shareholders held on 30.07.2008.The entire notification is posted on link link

* Macedonia *

Macedonia’s H1 Trade Gap more than Doubles to $1.467 Bln - Table Aug 05, 2008, 16:45 CET | Story | SeeNews SKOPJE (Macedonia), August 5 (SeeNews) - Macedonia’s trade deficit in the first half of 2008 more than doubled to $1.467 billion (947.2 million euro) from $646.25 million in the same period last year, the Macedonian Statistics Office said on Tuesday. link

MACEDONIA’S JAN-JUNE TRADE GAP WIDENS TO $1.467 BLN FROM $646.25 MLN YR-AGO – STATS OFFICE Aug 05, 2008, 16:39 CET | Alert | SeeNews link

Yields Remain Flat on Macedonian 91-day T-bills, Rise on 182-day T-bills Aug 05, 2008, 15:42 CET | Story | SeeNews SKOPJE (Macedonia), August 5 (SeeNews) - Yields on Macedonian three-month Treasury bills remained flat while yields on sixth-month T-bills rose at an auction on Tuesday, central bank data showed. link

Macedonia Schedule of Events August 5 - Nov 14 Aug 05, 2008, 09:14 CET | Story | SeeNews SKOPJE (Macedonia), August 5 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Macedonia through November 14. New or amended entries are marked (*) link

Macedonian Stock Exchange - Daily Report - August 4, 2008 Aug 05, 2008, 08:57 CET | Specialists Reports | SeeNews The Macedonian Stock exchange has published its report on turnover and prices for August 4, 2008. link

* Moldova *

Moldova Sells 44.5 Mln Lei (3.0 Mln Euro) in T-Bills, Yields Mostly Up Aug 05, 2008, 15:47 CET | Story | SeeNews CHISINAU (Moldova), August 5 (SeeNews) - The Moldovan central bank, BNM, on Tuesday sold 44.5 million lei ($4.6 million/3.0 million euro) in three Treasury bill issues, slightly below its target offer of 45 million lei, as yields on two of the issues rose and yields on the third one remained unchanged. link

Two Moldovan Firms To Invest 691,500 Euro in Local Free Economic Zone Aug 05, 2008, 15:20 CET | Story | SeeNews CHISINAU (Moldova), August 5 (SeeNews) – Two Moldovan companies will invest a combined 691,500 euro ($1.1 million) to start operations in one of the country’s six free economic zones, Ungheni-Business, in autumn this year, Moldova’s Economy Ministry said on Tuesday. link

Moldova’s Sole Oil Terminal Receives First Delivery Aug 05, 2008, 11:42 CET | Story | SeeNews CHISINAU (Moldova), August 5 (SeeNews) - Moldova’s sole oil terminal, owned by Dutch-based company EasEur Holding, has received its first delivery, EasEur’s Moldovan unit, Bemol, said on Tuesday. link

Moldova’s H1 Trade Deficit Widens 57% Y/Y - Table Aug 05, 2008, 09:52 CET | Story | SeeNews CHISINAU (Moldova), August 5 (SeeNews) - Moldova’s trade deficit in the first half of 2008 widened by 57% on the year to $1.6 billion (1.03 billion euro), as imports rose faster than exports, the country’s statistics bureau said on Tuesday. link

MOLDOVA’S H1 TRADE DEFICIT WIDENS 57% Y/Y TO $1.6 BLN - STATS OFFICE Aug 05, 2008, 09:43 CET | Alert | SeeNews link

Moldova Schedule of Events - Aug 5 - Oct 8 Aug 05, 2008, 09:42 CET | Story | SeeNews CHISINAU (Moldova), August 5 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Moldova through October 8. New or amended entries are marked (*) link

Moldova Stock Exchange - Daily Report - Aug 4, 2008 Aug 05, 2008, 08:58 CET | Specialists Reports | SeeNews The Moldova Stock exchange has published its daily report on trading volumes and prices for August 4, 2008. link

* Montenegro *

Montenegro’s June Tourist Numbers Rise 9.0% Y/Y, 59% M/M- Table Aug 05, 2008, 11:57 CET | Story | SeeNews PODGORICA (Montenegro), August 5 (SeeNews) - Tourists in Montenegro numbered 119,351 in June, up 9.0% on the year and 59% higher than in May, data from the country’s statistics office showed on Tuesday. link

New Securities Exchange of Montenegro - Daily Report - Aug 4, 2008 Aug 05, 2008, 09:00 CET | Specialists Reports | SeeNews The New Securities exchange of Montenegro (NEX) has published its daily report on trading volumes and prices for August 4, 2008. link

* Romania *

Romanian Steel Tube Manufacturer TMK Artrom H1 Net Profit Falls 77% Y/Y - Table Aug 05, 2008, 17:38 CET | Story | SeeNews BUCHAREST (Romania), August 5 (SeeNews) - Romanian steel tube producer Artrom reported on Tuesday a net profit of 9.88 million lei ($4.4 million/2.8 million euro) for the first half of 2008, compared to a 43.05 million lei net profit a year earlier, as costs rose faster than revenue. link

Romanian Bourse Indices Gain Ground in Weak Trade Aug 05, 2008, 17:31 CET | Story | SeeNews BUCHAREST (Romania), August 5 (SeeNews) - The indices of the Bucharest Stock Exchange, BVB, gained ground on Tuesday in dull trade and low liquidity, brokers said. link

Romanian Leu Strengthens Beyond 3.5-per-Euro Mark as Further C-Bank Rate Hikes Expected Aug 05, 2008, 17:14 CET | Story | SeeNews BUCHAREST (Romania), August 5 (SeeNews) - Romania’s leu on Tuesday appreciated beyond the 3.5-per euro mark on market expectations of more rate rises after the central bank (BNR) last week announced a 25 basis points hike in its key interest rate to 10.25%, analysts said. link

Romania Says 28 Companies Show Interest in Managing Restitution Fund Proprietatea Aug 05, 2008, 16:10 CET | Story | SeeNews BUCHAREST (Romania), August 5 (SeeNews) - Romania on Tuesday said 28 companies, including one locally-registered, have expressed interest in managing the assets of its restitution investment fund Proprietatea by the August 1 deadline. link

STOCKWATCH - RCI Confirms ’Hold’ Recommendation on Romania’s Banca Transilvania, Keeps Target Price Aug 05, 2008, 16:10 CET | Analysis | SeeNews BUCHAREST (Romania), August 5 (SeeNews) - Raiffeisen Capital & Investment (RCI) on Tuesday confirmed its ’hold’ recommendation on Romania’s Banca Transilvania after the bank reported its second-quarter and first-half results, and said it keeps its target price. link

Romania’s Compania de Factoring IFN H1 Turnover Doubles Y/Y to 91 Mln Euro Aug 05, 2008, 13:46 CET | Story | SeeNews BUCHAREST (Romania), August 5 (SeeNews) - Romania’s Compania de Factoring IFN said on Tuesday its turnover doubled on the year in the first six months of 2008 to 91 million euro ($141.7 million). link

Romania’s Electromagnetica H1 Net Profit Up Almost Four Times Y/Y - Table Aug 05, 2008, 13:31 CET | Story | SeeNews BUCHAREST (Romania), August 5 (SeeNews) - Romanian electric and electronic equipment manufacturer Electromagnetica on Tuesday reported a first-half net profit of almost 17.4 million lei ($7.725 million/4.96 million euro), nearly four times what it earned in the same period of 2007. link

Romania’s June Retail Sales Volume Annual Growth Highest in EU - Eurostat Aug 05, 2008, 13:27 CET | Story | SeeNews BUCHAREST (Romania), August 5 (SeeNews) - Romania’s retail sales volume rose by an annual 23.3% in June, the highest increase among all European Union member states, the bloc’s statistics office said on Tuesday. link

UPDATE 1 - Romania’s June Average Net Monthly Salary Rises 2.0% M/M, Up 24.4% Y/Y Aug 05, 2008, 13:27 CET | Story | SeeNews (adds background) link

Romanian Institute of Statistics - Tourism – June and Semester I 2008 Aug 05, 2008, 12:56 CET | State Agencies Reports | SeeNews In June 2008, compared to the corresponding month of the previous year, thearrivals in the establishments of tourists’ reception with functions of tourists’ accommodation registered a decrease of 1.3 %, while the overnight stays decreased by 2.2 %. Compared to June 2007, in June 2008 there was an increase of 18.8 % registered by the customs in the arrivals of foreign visitors.In the first semester 2008, compared to the corresponding period of the previous year, the arrivals in the establishments of tourists’ reception with functions of tourists’ accommodation registered an increase of 3.2 %, while the overnight stays registered an increase of 0.3 %. link

Romanian National Bank - Financial Behaviour of Households and Companies by County - June 2008 Aug 05, 2008, 12:36 CET | State Agencies Reports | SeeNews The National Bank of Romania (BNR) has released its monthly report on the financial behaviour of households and companies by county for June 2008. link

UK-based Equest Investments Balkans Plans to List Electronics Retailer TechnomarketDomo on Bucharest Bourse in Q3 Aug 05, 2008, 12:25 CET | Story | SeeNews BUCHAREST (Romania), August 5 (SeeNews) - UK-based Equest Investments Balkans (EIB) said on Tuesday it plans to list electronics retailer TechnomarketDomo on the Bucharest Stock Exchange, BVB, in the third quarter of the year. link

Romanian National Bank - Inflation Report August 2008 - Summary Aug 05, 2008, 12:03 CET | State Agencies Reports | SeeNews Developments in inflation and its determinantsIn June 2008, the 12-month inflation rate stood at 8.61 percent, a level almost unchanged from 8.63 percent in March. This development validates the previous projections of the National Bank of Romania according to which the rise in inflation that began in 2007 Q2 would come to a halt in 2008 Q2. While supply-side factors had diverging effects on price increases, aggregate demand pressure acted as a deterrent to disinflation, which accounts to a large extent for the CORE2 inflation rate rising further in June over March 2008.In 2008 Q2, disinflationary effects came mainly from the significant slowdown in the growth rate of administered prices and volatile prices of some food items such as vegetables, fruit and eggs. Opposite effects were exerted by the prices of processed food making up about 38 percent of the CORE2 inflation basket, which saw faster year-on-year rates of increase than in the previous quarter, reflecting the build -up of pressures on the agri-food market. Moreover, fuel prices rose at a considerably swifter pace as a result of surging oil prices on global markets.Unit labour cost kept rising January through May 2008 owing to labour market tensions, generating inflationary effects through both cost-push pressures and the contribution of increasing wages to excess demand.The persistence of cumulative effects of inflationary shocks during the past four quarters resulted in a steady worsening of inflation expectations, which further induced second-round effects on CORE2 inflation in the quarter under consideration.The strong acceleration of economic growth (up to 8.2 percent) in 2008 Q1 translated into significantly stronger excess demand pressures, thus contributing to higher CORE2 inflation in 2008 Q2. The key driver of the rapid GDP growth was the surge in both investment and final household consumption, underpinned by sizeable increases in household and corporate income and credit to the private sector, as well as by the substantial advance in publi xpenditures earlier this year.The widening share of imports in domestic demand caused an increase in the negative contribution of net external demand to GDP growth, despite an acceleration of export growth.Monetary policy since the release of the previous Inflation ReportAfter examining the most recent macroeconomic developments, the Mayinflation forecast and its related risks, the NBR Board decided to raise the monetary policy rate to 9.75 percent per annum in its meeting of 6 May 2008. link

Ieba Trust - Company Pager - Banca Transilvania Cluj-Napoca - Aug 5, 2008 Aug 05, 2008, 11:44 CET | Broker’s Report | SeeNews Company Description link

Romania Calls Tenders for Managers of Bourse Listing of Two Intl Airports Aug 05, 2008, 11:40 CET | Story | SeeNews BUCHAREST (Romania), August 5 (SeeNews) - Romania has called open bid tenders for managers of the planned public offering of 5.0% stakes in the international airports of Constanta and Timisoara, the Transport Ministry said on Tuesday. link

Raiffeisen Capital & Investment - Macro Romania - Standard & Poor Release on Romania’s BICRA - Aug 5, 2008 Aug 05, 2008, 10:37 CET | Broker’s Report | SeeNews Standard & Poor’s Ratings Services said that it has raised its Banking Industry Country Risk Assessment (BICRA) on Romania to Group 7 from Group 8. At the same time, Standard & Poor’s changed its estimate of the incidence of gross problematic assets (GPAs) in the Romanian financial system under a reasonable scenario of economic recession to 25%-40% from 35%-50%. The BICRA upgrade reflects (i) the good growth and profitability performance of the Romanian banking sector, following several years of a healthy growth pace and accumulating wealth in the economy, and (ii) massive inflow of foreign investments into the banking sector, which has created a solid funding base for credit acceleration. The upgrade also reflects the stronger banking penetration and services coverage, and advancing banking technologies in the Romanian banking sector. These were to a large extent led by the import of Western banking technologies, EU convergence requirements, and the start-up of the adoption of Basel II principles. link

Four Companies File Bids for Romania’s Sixth Wireless Operator Aug 05, 2008, 10:33 CET | Story | SeeNews BUCHAREST (Romania), August 5 (SeeNews) – Four companies have filed bids in a tender for Romania’s sixth wireless operator, the country’s telecom regulator ANRCTI said on Tuesday. link

Ieba Trust - Romanian Market Daily - Aug 4, 2008 Aug 05, 2008, 10:17 CET | Broker’s Report | SeeNews NBR increased the estimated inflation rate for 2008 up to 6.6% link

Raiffeisen Capital & Investment - Investment Daily Romania - Aug 5, 2008 Aug 05, 2008, 10:11 CET | Broker’s Report | SeeNews Trader’s Comment link

FOUR COMPANIES FILE BIDS FOR ROMANIA’S SIXTH WIRELESS OPERATOR-TELECOM REGULATOR Aug 05, 2008, 10:10 CET | Alert | SeeNews link

Romania Schedule of Events - August 5 - Sept 26 Aug 05, 2008, 09:12 CET | Story | SeeNews BUCHAREST (Romania), August 5 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Romania through September 26. New or amended entries are marked (*). link

Romania’s June Average Net Monthly Salary Rises 2.0% M/M - Table Aug 05, 2008, 09:07 CET | Story | SeeNews BUCHAREST (Romania), August 5 (SeeNews) - The average net monthly salary in Romania in June rose by a nominal 2.0% month-on-month to 1,273 lei ($566/363 euro), the country’s statistics board, INS, said on Tuesday. link

Romania’s H1 Industrial Sales Rise 6.3% Y/Y - Table Aug 05, 2008, 09:06 CET | Story | SeeNews BUCHAREST (Romania), August 5 (SeeNews) - Romania’s industrial sales rose by 6.3% year-on-year in the first half of 2008, the National Statistics Institute (INS) said on Tuesday. link

ROMANIA’S H1 INDUSTRIAL SALES RISE 6.3% Y/Y - STATS BOARD Aug 05, 2008, 09:06 CET | Alert | SeeNews link

Bucharest Stock Exchange - Daily Report - Regulated Market - Aug 4, 2008 Aug 05, 2008, 08:56 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its report on trading volumes and prices on the regulated market for August 4, 2008. link

Bucharest Stock Exchange - Daily Report - RASDAQ Market - Aug 4, 2008 Aug 05, 2008, 08:55 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its RASDAQ daily market report for August 4, 2008. link

Ieba Trust - Romanian Market Weekly - July 28 - Aug 1, 2008 Aug 05, 2008, 08:41 CET | Broker’s Report | SeeNews 1A. Bucharest Stock exchange Indicators link

KD Capital Management - Bucharest Stock Exchange - Weekly Report - July 28 - Aug 1, 2008 Aug 05, 2008, 07:01 CET | Broker’s Report | SeeNews 1. BUCHAREST STOCK MARKET EVOLUTION link

KD Capital Management - Bucharest Stock Exchange - Weekly Report - July 21 - 25, 2008 Aug 05, 2008, 06:58 CET | Broker’s Report | SeeNews 1. BUCHAREST STOCK MARKET EVOLUTION link

KD Capital Management - Bucharest Stock Exchange - Weekly Report - July 14 - 18, 2008 Aug 05, 2008, 06:56 CET | Broker’s Report | SeeNews 1. BUCHAREST STOCK MARKET EVOLUTION link

KD Capital Management - Bucharest Stock Exchange - Weekly Report - July 7 - 11, 2008 Aug 05, 2008, 06:54 CET | Broker’s Report | SeeNews 1. BUCHAREST STOCK market EVOLUTION link

KD Capital Management - Bucharest Stock Exchange - Weekly Report - June 30 - July 4, 2008 Aug 05, 2008, 06:52 CET | Broker’s Report | SeeNews 1. BUCHAREST STOCK MARKET EVOLUTION link

KD Capital Management - Bucharest Stock Exchange - Weekly Report - June 23 - 27, 2008 Aug 05, 2008, 06:48 CET | Broker’s Report | SeeNews 1. BUCHAREST STOCK MARKET EVOLUTION link

* Serbia *

Serbian Confectionery Maker Bambi-Banat Plans to Buy Back 0.24% of Its Capital Aug 05, 2008, 16:25 CET | Story | SeeNews BELGRADE (Serbia), August 5 (SeeNews) - Serbian blue-chip confectionery maker Bambi-Banat intends to buy back a total of 1,000 of its own shares, or some 0.24% of its capital, the company said. link

Serbian Shares, Turnover Fall in Summer Lethargy Aug 05, 2008, 15:55 CET | Story | SeeNews BELGRADE (Serbia), August 5 (SeeNews) - The indices of the Belgrade Stock Exchange (BELEX) fell in yet another sleepy summer session on Tuesday marked by lower volumes, brokers said. link

UPDATE 1 - Serbian C-Bank Buys 3.0 Mln Euro on FX Market to Prevent Further Dinar Strengthening Aug 05, 2008, 15:54 CET | Story | SeeNews (adds dealers’ quotes, background) Slovenia’s Grah Automotive To Invest 6.0 Mln Euro in Car Parts Unit in Serbia's Batocina - City Official Aug 05, 2008, 15:10 CET | Story | SeeNews BELGRADE (Serbia), August 5 (SeeNews) - Slovenian automotive components manufacturer Grah Automotive will invest 6.0 million euro ($9.3 million) to build a new car parts production unit in its factory in the central Serbian town of Batocina, a municipality official said on Tuesday. [link->http://seenews.com/news/latestnews/slovenia___sgrahautomotivetoinvest6_0mlneuroincarpartsfacilityinserbia-141116" class="spip_out">link

Serbian C-Bank Buys 3.0 Mln Euro on FX Market to Prevent Further Dinar Strengthening Aug 05, 2008, 13:51 CET | Story | SeeNews BELGRADE (Serbia), August 5 (SeeNews) – The Serbian central bank, NBS, said it bought on Tuesday 3.0 million euro ($4.7 million) on the interbank foreign exchange market to prevent a further firming of the dinar, after it reached a four-year low against the euro earlier in the day. link

National Bank of Serbia - Stock of External Debt by Debtors and Creditors - Preliminary Data - June 2008 Aug 05, 2008, 11:58 CET | State Agencies Reports | SeeNews The National Bank of Serbia (NBS) has published its preliminary report on stocks of external debt by debtors and creditors in euro currency as of June 30, 2008. link

Serbia’s Flag Carrier 7-Mo Passenger Traffic Up 9.0% Y/Y Aug 05, 2008, 11:47 CET | Story | SeeNews BELGRADE (Serbia), August 5 (SeeNews) - Serbia’s flag carrier JAT Airways, slated for privatisation this year, reported a 9.0% annual rise in passenger traffic in the first seven months of 2008 to 780,813. link

Sinteza Investment Group - Daily Market Wrap Up - Aug 4, 2008 Aug 05, 2008, 10:56 CET | Broker’s Report | SeeNews Sinteza Investment Group has released its daily trading report for August 4, 2008. The report contains an overview of the Serbian Financial market. link

UPDATE 1 - Kosovo’s May Trade Gap Widens 24% Y/Y to 142 Mln Euro Aug 05, 2008, 10:43 CET | Story | SeeNews PRISTINA, August 5 (SeeNews) - Kosovo’s May trade deficit increased by 24% year-on-year to 142.01 million euro ($220.5 million), even though exports grew much faster than imports, the Kosovo Statistics Office said on Tuesday. link

Vojvodjanska Banka - Daily Vobnews - Aug 5, 2008 Aug 05, 2008, 10:18 CET | Broker’s Report | SeeNews Vojvodjanska banka released its Daily Vobnews report for August 5, 2008 containing the following charts and tables: link

Serbia Schedule of Events - Aug 5 - Dec 30 Aug 05, 2008, 10:08 CET | Story | SeeNews BELGRADE (Serbia), August 5 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Serbia through December 30. New or amended entries are marked (*). link

Sinteza Investment Group - Weekly Market Wrap Up - July 28 - Aug 1, 2008 Aug 05, 2008, 09:47 CET | Broker’s Report | SeeNews Low Turnover on Belgrade Stock Exchange Dinar Continued Appreciation Against the Euro link

Kosovo’s May Trade Gap Widens 24% Y/Y to 142 Mln Euro - Table Aug 05, 2008, 09:37 CET | Story | SeeNews PRISTINA, August 5 (SeeNews) - Kosovo’s May trade deficit increased by 24% year-on-year to 142.01 million euro ($220.5 million), even though exports grew much faster than imports, the Kosovo Statistics Office said on Tuesday. link

Belgrade Stock Exchange - Daily Report - Aug 4, 2008 Aug 05, 2008, 08:54 CET | Specialists Reports | SeeNews The Belgrade Stock exchange has published its daily report on trading volumes and prices for August 4, 2008 link

* Slovenia *

Slovenian Shares Edge Up in Tiny Turnover, Pivovarna Lasko Shines Aug 05, 2008, 16:58 CET | Story | SeeNews LJUBLJANA (Slovenia), August 5 (SeeNews) - Slovenian stock indices rose slightly on Tuesday in tiny turnover with blue-chip brewer Pivovarna Lasko gaining more than four percent, brokers said. link

Slovenian Flag Carrier Adria Airways Raises 7-mo Passenger Traffic by 23% Aug 05, 2008, 15:31 CET | Story | SeeNews LJUBLJANA (Slovenia), August 5 (SeeNews) - Slovenian flag carrier Adria Airways carried some 757,528 passengers in the first seven months of 2008, up 23% from a year earlier, as the number of flights also increased, it said on Tuesday. link

Slovenia’s Grah Automotive To Invest 6.0 Mln Euro in Car Parts Unit in Serbia’s Batocina - City Official Aug 05, 2008, 15:10 CET | Story | SeeNews BELGRADE (Serbia), August 5 (SeeNews) - Slovenian automotive components manufacturer Grah Automotive will invest 6.0 million euro ($9.3 million) to build a new car parts production unit in its factory in the central Serbian town of Batocina, a municipality official said on Tuesday. link

D&B Raises Forecasts for Slovenia’s Inflation in 2008, 2009 Aug 05, 2008, 14:45 CET | Story | SeeNews LJUBLJANA (Slovenia), August 5 (SeeNews) - Credit-rating agency D&B on Tuesday raised its forecasts for Slovenia’s inflation rate in 2008 and 2009, and cut its projection for the country’s economic growth next year. link

Societe Generale’s Slovenian Unit Raises H1 Group Net Profit by 10.8% Y/Y Aug 05, 2008, 14:15 CET | Story | SeeNews LJUBLJANA (Slovenia), August 5 (SeeNews) - Slovenian commercial bank SKB Banka, a subsidiary of France’s Societe Generale, on Tuesday reported a 10.8% annual rise in its first-half group net profit to 14.5 million euro ($22.5 million). link

Romania’s June Retail Sales Volume Annual Growth Highest in EU - Eurostat Aug 05, 2008, 13:27 CET | Story | SeeNews BUCHAREST (Romania), August 5 (SeeNews) - Romania’s retail sales volume rose by an annual 23.3% in June, the highest increase among all European Union member states, the bloc’s statistics office said on Tuesday. link

Slovenian Statistical Office - Energy - April 2008 Aug 05, 2008, 11:48 CET | State Agencies Reports | SeeNews Compared to March 2008 the electricity generation in hydro power plants in April increased by 46%, but it was still lower than in April last year. link

Slovenia Schedule of Events – Aug 8 - Sept 21 Aug 05, 2008, 08:53 CET | Story | SeeNews LJUBLJANA (Slovenia), August 5 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Slovenia through September 21. New or amended entries are marked (*). link

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