SEENEWS – news report of 12.06.2008

News report of 12.06.2008

* Albania *

Albania’s 5-Mo Customs Revenue Rises 15% to 39.5 Bln Leks (324 Mln Euro), Exceeds Forecast Jun 12, 2008, 13:12 CET | Story | SeeNews TIRANA (Albania), June 12 (SeeNews) - Albania collected 39.53 billion leks ($503 billion/324 million euro) in customs revenue through May, up 15% from the same period a year earlier, the Customs Office said on Thursday. link

Albania To Auction 11.5 Bln Leks (94.5 Mln Euro) in T-Bills on Tuesday Jun 12, 2008, 09:15 CET | Story | SeeNews TIRANA (Albania), June 12 (SeeNews) - Albania’s central bank will auction 11.5 billion leks ($146 million/94.5 million euro) worth of three-, six- and 12-month Treasury bills on June 17, the bank said on Thursday. link

* Bosnia *

Croatia’s Koncar To Supply 5.3 Mln Euro Train to Bosnian Railway Company Jun 12, 2008, 15:57 CET | Story | SeeNews ZAGREB (Croatia), June 12 (SeeNews) - Croatian electrical equipment manufacturer Koncar said on Thursday it signed a 5.3 Mln euro ($8.24 million) deal with Zeljeznice Federacije Bosne i Hercegovine, one of the two Bosnian railway companies, to supply an electromotor low floor train. link

Bosnian Steel Pipes Maker Unis Derventa 2007 Net Profit Rises Almost Three Times - Table Jun 12, 2008, 14:54 CET | Story | SeeNews BANJA LUKA (Bosnia and Herzegovina), June 12 (SeeNews) – The 2007 net profit of Bosnian steel pipes producer Unis Derventa, majority-owned by Liechtenstein-based Balkan Steel Int. Est., rose almost three times to some 206,000 marka ($163,000/105,000 euro euro), as revenue rose faster than costs, figures showed on Thursday. link

Bosnian Aluminium Profiles Maker Metalogradnja Mustafic Plans To Open 13 Mln Euro Units in ‘09 Jun 12, 2008, 10:57 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), June 12 (SeeNews) – Bosnian aluminium profiles and glass manufacturer Metalogradnja Mustafic plans to open two new coating and anodisation units next year in an investment worth 25 million marka ($20 million/13 million euro), its general manager Senad Mustafic said on Thursday. link

Bosnia Schedule of Events – June 12 - Oct 29 Jun 12, 2008, 09:22 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), June 12 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Bosnia and Herzegovina through October 29. New or amended entries are marked (*). link

* Bulgaria *

ANALYST FORECAST - Bulgaria’s Q1 GDP Growth Seen Accelerating Y/Y Jun 12, 2008, 17:52 CET | Analysis | SeeNews SOFIA (Bulgaria), June 12 (SeeNews) - Bulgarian economic growth is seen speeding up on an annual basis in the first quarter of 2008 with services remaining the engine behind the increase, analysts forecast on Thursday, ahead of official figures due on Monday. link

Bulgarian Ministry of Finance - Fiscal Reserve Account - April 2008 Jun 12, 2008, 17:04 CET | State Agencies Reports | SeeNews The Fiscal Reserve Account (FRA) consists of (1) the balances in leva and in foreign exchange of the following bank deposits with domestic and foreign banks, including the central budget, ministries and agencies, central government extrabudgetary funds as defined in Annex No.10 of the 2008 Budget Law, the National Social Security Institute, and the Health Insurance Fund, and (2) other highly liquid foreign assets of the central government.For the purposes of the program, deposit accounts and assets that are denominated in foreign currencies will be converted into leva at the December 31, 2007 exchange rates (1. 33122 leva, and 1. 580205 SDR per US dollar). link

Bulgarian Ministry of Finance - Consolidated Fiscal Programme - April 2008 Jun 12, 2008, 16:55 CET | State Agencies Reports | SeeNews The Bulgarian Ministry of Finance has published its monthly report on the consolidated fiscal programme as of April 30, 2008. link

Bulgarian National Bank - Macroeconomic Indicators - June 12, 2008 Jun 12, 2008, 16:51 CET | State Agencies Reports | SeeNews The Bulgarian National Bank (BNB) has published a statistical report on the country’s main macroeconomic indicators as of June 12, 2008.MACROECONOMIC INDICATORS (table) link

Bulgaria’s Hydraulic Elements and Systems Pays 6.1% Higher 2007 Dividend Jun 12, 2008, 16:47 CET | Story | SeeNews SOFIA (Bulgaria), June 12 (SeeNews) – Bulgarian Hydraulic Elements and Systems (HES) said on Thursday it will pay a gross dividend of 0.13684 levs ($0.11/ 0.07 euro) per share for 2007, up 6.1% from the previous year. link

Bulgarian National Bank - Money Market Review - April 2008 Jun 12, 2008, 16:43 CET | State Agencies Reports | SeeNews A new bottom for the dollar link

Bulgarian Ministry of Finance - National Budget - April 2008 Jun 12, 2008, 16:34 CET | State Agencies Reports | SeeNews Bulgarian Ministry of Finance has published its monthly report on the national budget as of April 30, 2008. link

Bulgarian Ministry of Finance - Republican Budget - April 2008 Jun 12, 2008, 16:30 CET | State Agencies Reports | SeeNews Bulgarian Ministry of Finance has published its monthly data report on the republican budged as of April 30, 2008. link

Bulgaria To Back Possible EU Move To Cut Fuel Excise Duty - Foreign Minister Jun 12, 2008, 16:20 CET | Story | SeeNews SOFIA (Bulgaria), June 12 (SeeNews) – Bulgaria will support a reduction or scrapping of excise duties on fuels if the European Union takes such a decision to combat the impact of surging global oil prices, Foreign Minister Ivaylo Kalfin said on Thursday. link

Bulgarian Investment Intermediary DeltaStock Plans Opening London Office in Months Jun 12, 2008, 15:50 CET | Story | SeeNews SOFIA (Bulgaria), June 12 (SeeNews) – Bulgarian investment intermediary DeltaStock plans to open an office in London within up to three months to back growth, the company’s executive director said on Thursday. link

Lukoil’s Bulgarian Refinery To Restore Full Capacity on Friday After Fire Jun 12, 2008, 15:11 CET | Story | SeeNews SOFIA (Bulgaria), June 12 (SeeNews) - Bulgaria’s sole operating oil refinery Lukoil Neftochim, majority owned by Russia’s Lukoil, will return to full production on Friday after being forced to cut back for a week following a fire, a spokeswoman said on Thursday. link

Bulgaria Drafts Measures to Improve Management of EU Funds Jun 12, 2008, 14:26 CET | Story | SeeNews SOFIA (Bulgaria), June 12 (SeeNews) – Bulgaria has drafted measures to improve management of EU funds in response to criticism voiced by the European Commission, deputy prime minister Meglena Plugchieva said on Thursday. link

Bulgarians Seek Quick Returns from Mutual Investment Funds - Research Jun 12, 2008, 14:15 CET | Story | SeeNews SOFIA (Bulgaria), June 12 (SeeNews) – Bulgarians seek profit from their investments in mutual funds within a year and individual investors spend an average of 4,170 levs ($3,300/2,120 euro) for such schemes, a market research showed on Thursday. link

Germany Extends 9.5 Mln Euro To Back SMEs, Micro Lending in Bulgaria Jun 12, 2008, 13:53 CET | Story | SeeNews SOFIA (Bulgaria), June 12 (SeeNews) – Bulgaria said on Thursday Germany has extended 9.5 million euro ($14.8 million) to support small and medium-sized enterprises (SMEs) and micro-lending institutions in the EU newcomer. link

FFBH - Bulgaria Morning Update - June 12, 2008 Jun 12, 2008, 13:34 CET | Broker’s Report | SeeNews MARKET WRAP-UP link

Bulgaria Extends Bids Submission Deadline for Arms Manufacturer NITI to July 28 Jun 12, 2008, 13:09 CET | Story | SeeNews SOFIA (Bulgaria), June 12 (SeeNews) – Bulgaria’s Privatisation Agency said on Thursday it has extended the deadline for submission of bids for 100% of local arms manufacturer NITI by 42 days to July 28. link

Owners of 66.9% of Bulgaria’s Sheraton Sofia Hotel Balkan Launch Buyout Bid at 52.2 Euro/Share Jun 12, 2008, 12:50 CET | Story | SeeNews SOFIA (Bulgaria), June 12 (SeeNews) - Greece’s European Hotel Enterprises and International Lodging of Bulgaria, which own a combined 66.9% of Bulgaria’s Sheraton Sofia Hotel Balkan, on Thursday launched a buyout bid for the remaining stake. link

Elana - Bulgaria Daily Report - June 11, 2008 Jun 12, 2008, 11:58 CET | Broker’s Report | SeeNews Market Highlights link

Bulbrokers - Daily FX Analysis - June 12, 2008 Jun 12, 2008, 11:52 CET | Broker’s Report | SeeNews The dollar fell against the major currencies link

Bulbrokers - USA Stock Markets Daily Review - June 12, 2008 Jun 12, 2008, 11:50 CET | Broker’s Report | SeeNews High energy prices continue to pressure the markets link

Bulgarian Stock Exchange - Daily Bulletin, Selected Announcements - June 11, 2008 Jun 12, 2008, 11:25 CET | Specialists Reports | SeeNews With reference to the announcement of the increase in capital of Exclusive Property REIT-Sofia /EXPRO, Xetra code - 5EX/, made by BSE-Sofia, please be informed that the BSE code of Exclusive Property REIT’s issue of rights will be additionally announced. link

UPDATE 1 - Bulgaria’s May Consumer Price Inflation Slows to 0.5% M/M Jun 12, 2008, 11:07 CET | Story | SeeNews (adds details) link

Bulgarian Railway Company Sees 2008 Net Profit More than Doubling Jun 12, 2008, 10:50 CET | Story | SeeNews SOFIA (Bulgaria), June 12 (SeeNews) - Privately-held Bulgarian Railway Company (BRC), specialised in freight transportation, expects its net profit to rise as high as 3.0 million levs ($2.4 million/1.5 million euro) in 2008, more than double last year’s figure, as cargo volumes are seen up, the company’s CEO said on Thursday. link

German Retailer Metro To Invest 150 Mln Euro in Bulgaria Until 2010 Jun 12, 2008, 10:41 CET | Story | SeeNews SOFIA (Bulgaria), June 12 (SeeNews) – Germany’s biggest retailer Metro plans to invest 150 million euro ($233 million) in Bulgaria until 2010, Bulgarian daily Trud reported on Thursday. link

Bulgarian Indebted Steel Mill Kremikovtzi Says Gets One Official Offer So Far - From ArcelorMittal Jun 12, 2008, 10:30 CET | Story | SeeNews SOFIA (Bulgaria), June 12 (SeeNews) - The world’s leading steel manufacturer ArcelorMittal is the only company for the time being to have placed officially an offer to buy a majority stake in Bulgaria’s debt-ridden steel mill Kremikovtzi, Kremikovtzi’s chief executive told local daily Trud. link

Bulgaria’s May Consumer Price Inflation Slows to 0.5% M/M - Table Jun 12, 2008, 10:03 CET | Story | SeeNews SOFIA (Bulgaria), June 12 (SeeNews) - Bulgaria’s consumer prices rose by 0.5% month-on-month in May, compared to a monthly rise of 0.9% in April, the National Statistics Office said on Thursday. link

BULGARIA’S MAY EU-HARMONISED CPI AT +0.9% M/M, +14% Y/Y VS +0.7% M/M, +13.4% Y/Y IN APRIL - STATS OFFICE Jun 12, 2008, 10:02 CET | Alert | SeeNews link

BULGARIA’S MAY CPI AT +0.5% M/M, +15% Y/Y VS +0.9% M/M, +14.6% Y/Y IN APRIL - STATS OFFICE Jun 12, 2008, 10:02 CET | Alert | SeeNews link

Bulgaria Schedule of Events - June 12 - Nov 25 Jun 12, 2008, 09:03 CET | Story | SeeNews SOFIA (Bulgaria), June 12 (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 - June 11, 2008 Jun 12, 2008, 08:54 CET | Specialists Reports | SeeNews Bulgarian Stock Exchange has published its report on turnover and prices for June 11, 2008. link

* Croatia *

Croatian Dom Holding Proposes No Dividend for 2007 Jun 12, 2008, 18:27 CET | Story | SeeNews ZAGREB (Croatia), June 12 (SeeNews) – Croatian holding company Dom Holding on Thursday proposed paying no dividend for last year. link

Croatian Share Indices Mostly Dip in Thin Liquidity Jun 12, 2008, 18:05 CET | Story | SeeNews ZAGREB (Croatia), June 12 (SeeNews) – Two of Croatia’s equity indices dipped and one stagnated on Thursday as liquidity remained low, analysts said. link

Croatia Not To Build Nuclear Plant If Secures Energy Independence by 2015 As Planned Jun 12, 2008, 17:17 CET | Story | SeeNews ZAGREB (Croatia), June 12 (SeeNews) – Croatia will not need a nuclear power plant if it succeeds in its plan to secure the country’s energy independence by 2015, and will support the generation of energy from renewable sources, the government said on Thursday. link

Croatia’s Koncar To Supply 5.3 Mln Euro Train to Bosnian Railway Company Jun 12, 2008, 15:57 CET | Story | SeeNews ZAGREB (Croatia), June 12 (SeeNews) - Croatian electrical equipment manufacturer Koncar said on Thursday it signed a 5.3 Mln euro ($8.24 million) deal with Zeljeznice Federacije Bosne i Hercegovine, one of the two Bosnian railway companies, to supply an electromotor low floor train. link

Croatian Banks End-April Loan Portfolio Rises 0.6% M/M, Up 11.4 % Y/Y - RBA Jun 12, 2008, 14:08 CET | Story | SeeNews ZAGREB (Croatia), June 12 (SeeNews) - The loan portfolio of Croatian commercial banks reached 216.25 billion kuna ($46.4 billion/29.8 billion euro) at the end of April, up 0.6% from a month earlier and 11.4% higher on the year, commercial bank Raiffeisenbank Austria Zagreb (RBA) said on Thursday. link

Erste Securities - Croatian Equity Daily - June 12, 2008 Jun 12, 2008, 11:30 CET | Broker’s Report | SeeNews Highlights: link

STOCKWATCH - Erste Bank Keeps Croatia’s Podravka at "Accumulate", Cuts Target Price Jun 12, 2008, 11:21 CET | Story | SeeNews ZAGREB (Croatia), June 12 (SeeNews) - Austria’s Erste Bank said on Thursday it cut its target price for Croatian food and drug maker Podravka and maintained its "accumulate" recommendation for the company’s stock. link

FIMA Stock Monitor - Daily - June 11, 2008 Jun 12, 2008, 11:18 CET | Broker’s Report | SeeNews Daily comment:Thursday brought slight recovery on Zagreb Stock Exchange as popular benchmark rose 0,3% to 3.774,07 pts. During the trading session CROBEX managed to briefly cross-over 3.800 points level afterwards it started with declining trend to und around 12 pts up. With 2,3% gain Adris Group preferred share (ADRS-P-A) was leading mover on 2,4 m HRK in turnover. Power trunk producer Dalekovod (DLKV-R-A) managed to partially redeem its last days losses soaring by 1,4% today. Health care and consumer goods producer and distributor Atlantic Group (ATGR-R-A) topped the liquidity board, collecting total turnover of HRK 7,4 million. The Co was active in M&A area during first three months as it acquired a total of 33 drug stores and consolidated them into the largest domestic private pharmacy chain with revenues of some HRK 250 million (14,7% of 2007 sales). Atlantic Group also signed a distribution contract with TDR (a subsidiary of Adris Group), the largest domestic player in cigarettes market holding some 80% market share, to distribute its brands in HoReCa channel. In this year, we see company’s sales growth of some 28,4% driven by the consolidation of newly acquired pharmacies (sales of some HRK 250 million), start of distribution of TDR brands (HRK 200 million annually or some HRK 100 million in this year since the contract did not start at the beginning of the year) and the organic growth from company’s brands and distribution operations. ATGR share today added 0,7% to closing HRK 723. Two index heavy weights, oil company Ina (INA-R-A) and shipping company Atlantska plovidba (ATPL-RA) closed in red, slipping by 0,1% and 0,7% respectively. Atlantska plovidba will held its GA on July, 18th where should be voted about dividend payout in amount of cca. HRK 50 per share. Ina shall start with dividend payment in Friday, 13th and record date to receive dividend of HRK 15 was May, 14th. link

Value of Croatia’s Jan-April Construction Works Falls 9.6% Jun 12, 2008, 10:08 CET | Story | SeeNews ZAGREB (Croatia), June 12 (SeeNews) - The value of construction projects covered by building permits issued in Croatia through April fell to 9.028 billion kuna ($1.936 billion/1.246 million euro) from 9.987 billion kuna a year earlier, the State Statistics Bureau said on late on Wednesday. link

Croatia Osiguranje Launches Snail Farming Insurance Policy Jun 12, 2008, 10:07 CET | Story | SeeNews ZAGREB (Croatia), June 12 (SeeNews) – Croatia’s top insurer by premium income, Croatia Osiguranje, said on Thursday it has launched an insurance policy for snail farming to meet farmers’ needs. link

Croatia Schedule of Events – June 12 - Sept 16 Jun 12, 2008, 09:03 CET | Story | SeeNews ZAGREB (Croatia), June 12 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Croatia through September 16. New or amended entries are marked (*). link

CORRECTED - Croatia’s INA Says $1.1 Bln Oil Refinery Modernisation on Track Jun 11, 2008, 19:18 CET | Story | SeeNews In ZAGREB story "Croatia’s INA Says $1.1 Bln Euro Oil Refinery Modernisation on Track" please read the headline as "Croatia’s INA Says $1.1 Bln Oil Refinery Modernisation on Track" (drops extra word ’euro’). link

* Macedonia *

Macedonian Stock Indices Fall Further Ahead of Sunday’s Repeat Voting – Table Jun 12, 2008, 16:03 CET | Story | SeeNews SKOPJE (Macedonia), June 12 (SeeNews) – Macedonian Stock Exchange indices fell in low turnover this week, most probably due to political uncertainty ahead of Sunday’s repeat voting at some polling stations following irregularities and violence at the June 1 general election, brokers said on Thursday. link

Macedonia Turns to C/A Deficit of 76.66 Mln Euro in February - Table Jun 12, 2008, 11:14 CET | Story | SeeNews SKOPJE (Macedonia), June 12 (SeeNews) - Macedonia’s February current account balance showed a preliminary deficit of 76.66 million euro ($118.31 million), as compared to a revised surplus of 5.99 million euro a year earlier, central bank data showed on Thursday. link

MACEDONIA TURNS TO FEB C/A GAP OF 76.66 MLN EURO FROM REVISED 5.99 MLN EURO SURPLUS YR AGO – C-BANK Jun 12, 2008, 10:49 CET | Alert | SeeNews link

Macedonia Schedule of Events June12–Nov 28 Jun 12, 2008, 09:48 CET | Story | SeeNews SKOPJE (Macedonia), June 12 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Macedonia through November 28. New or amended entries are marked (*) link

Macedonian Stock Exchange - Daily Report - June 11, 2008 Jun 12, 2008, 08:55 CET | Specialists Reports | SeeNews Macedonian Stock Exchange has published its report on turnover and prices for June 11, 2008. link

UPDATE 1 - Macedonian Wine Maker Tikves Sets up JV with German Partner To Tap West European Market Jun 11, 2008, 19:19 CET | Story | SeeNews (adds quotes) link

* Moldova *

Moldovan Winery Cojusna Extends Loss by 42% in 2007 - Table Jun 12, 2008, 11:50 CET | Story | SeeNews CHISINAU (Moldova), June 12 (SeeNews) - Moldovan winery Cojusna extended its loss by 42% last year to 3.4 million lei ($336,000/216,000 euro), the company said on Thursday. link

Moldova Jan-April Retail Sales Rise Real 15.7% Y/Y Jun 12, 2008, 10:54 CET | Story | SeeNews CHISINAU (Moldova), June 12 (SeeNews) - Moldova’s retail sales rose by a real 15.7% on the year to six billion lei ($592 million/382 million euro) in the first four months of 2008, the country’s Economy Ministry said on Thursday. link

Moldova Schedule of Events - June 12 - June 30 Jun 12, 2008, 10:35 CET | Story | SeeNews CHISINAU (Moldova), June 12 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Moldova through June 30. New or amended entries are marked (*) link

* Montenegro *

Statistical Office of Montenegro - Average Earnings - April 2008 Jun 12, 2008, 14:50 CET | State Agencies Reports | SeeNews Average wage in April 2008 in Montenegro was 588 €, while the average wage without taxes and contributions was 402 €.Compared to March 2008, average wages without taxes and contributions in April increased 1.8%. Average wage without taxes and contributions in April varied from 127 € in Fishing to 875 € in Financial Intermediary.Having in mind that costs of living in April 2008, compared to March, increased 1.2%, it means that real wages in Montenegro in April 2008 increased 0.6%. link

Statistical Office of Montenegro - Costs of Lliving Index - April 2008 Jun 12, 2008, 14:30 CET | State Agencies Reports | SeeNews Costs of living in April 2008, compared to March 2008, increased by 1.2% (expenditures for food increased by 2.1%, ecpenditures for goods increased by 1.3%, and expenditures for services increased by 0.2%). Compared to December 2007, they increased by 3.2%. Costs of living in the period January - April 2008, compared to the same period previous year, they increased 8.2%. link

Statistical Office of Montenegro - Industrial Production - April 2008 Jun 12, 2008, 14:27 CET | State Agencies Reports | SeeNews Industrial production in Montenegro increased 7.1% in the period January - April 2008, compared to the same period previous year, but it other indicators it decreased: compared to the previous month in 2008 17.3%, compared to average monthly production 8.9%, and compared to the same month in the previous year5.3%.All three sectors had increase of production in the period January - April 2008, compared to the same period previous year: Mining and Quarrying 20.3%, Electricity, gas and water supply 19.4% and Manufacturing 1.6%. link

Statistical Office of Montenegro - Retail Prices - April 2008 Jun 12, 2008, 13:42 CET | State Agencies Reports | SeeNews Retail prices in April 2008, comared to March, increased by 0.8% (prices of goods increased by 0.9,and the prices of services increased by 0.2%). Compared to December 2007, they increased by 3.1%. Prices in the period January - April 2008, compared to the same period in the previous year increeased by 8.7%. link

INTERVIEW – Montenegro Sees 2008 Tourism Revenue Up 15% to 550 Mln Euro Jun 12, 2008, 11:32 CET | Interview | SeeNews PODGORICA (Montenegro), June 12 (SeeNews) – Montenegro plans to raise its tourism revenue by 15% to 550 million euro ($853 million) this year through diversification of services, Tourism Minister Predrag Nenezic said. link

Montenegro Schedule of Events - June 12 - July 4 Jun 12, 2008, 10:09 CET | Story | SeeNews PODGORICA (Montenegro), June 12 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Montenegro through July 4. New or amended entries are marked (*). link

New Securities Exchange of Montenegro - Daily Report - June 11, 2008 Jun 12, 2008, 08:56 CET | Specialists Reports | SeeNews New Securities Exchange of Montenegro (NEX) has published its daily report on trading volumes and prices for June 11, 2008. link

* Romania *

Romanian N-Plant Operator Not Likely To Be Listed by Yr-End - Bourse Chief Jun 12, 2008, 18:18 CET | Story | SeeNews BUCHAREST (Romania), June 12 (SeeNews) - Romania’s state-owned Nuclearelectrica, the operator of the country’s sole nuclear plant Cernavoda, is not likely to be listed by the end of this year, as hoped, the CEO and board president of the Bucharest Stock Exchange (BVB) said on Thursday. link

Romanian Brewer Bere Azuga Plans To Buy 39% of Local Mineral Water Producer Jun 12, 2008, 18:14 CET | Story | SeeNews BUCHAREST (Romania), June 12 (SeeNews) - Romanian brewer Bere Azuga said on Thursday it intends to acquire 38.84% of the shares of domestic mineral water producer Perla Covasnei. link

Romania’s Med-As Sees 2008 Turnover Doubling Jun 12, 2008, 17:44 CET | Story | SeeNews BUCHAREST (Romania), June 12 (SeeNews) - Romanian privately held operator of medical clinics and laboratories Med-As said on Thursday it sees its turnover doubling this year to more than five million euro ($7.705 million). link

Raiffeisen Capital & Investment - Corporate Events - June 16 - 22, 2008 Jun 12, 2008, 17:07 CET | Broker’s Report | SeeNews Raiffeisen Capital & Investment has released its schedule of corporate events for the week June 16 - 22, 2008, containing the following tables: link

Romanian Stock Indices Fall, Low Volumes Persist Jun 12, 2008, 16:57 CET | Story | SeeNews BUCHAREST (Romania), June 12 (SeeNews) - Romanian bourse indices fell back on Thursday after gaining a little ground on the previous day, as low volumes persisted on the market, brokers said. link

Romania’s Leu Firms Slightly vs Euro in Line with Other Emerging Currencies Jun 12, 2008, 16:44 CET | Story | SeeNews BUCHAREST (Romania), June 12 (SeeNews) - The Romanian leu on Thursday ended a bit stronger at 3.6600/6800 per euro compared to 3.6740/6790 a day earlier, in line with other emerging currencies, dealers said. link

STOCKWATCH - Raiffeisen Capital & Investment Starts Coverage of Romania’s Teraplast at ’Buy’ Jun 12, 2008, 16:22 CET | Story | SeeNews BUCHAREST (Romania), June 12 (SeeNews) - Romania’s Raiffeisen Capital & Investment (RCI) said on Thursday it started coverage of Romanian polyvinyl chloride (PVC) and polypropylene (PP) building materials producer Teraplast with a ‘buy’ recommendation. link

Romanian INS - Consumer Price Index - May 2008 Jun 12, 2008, 14:43 CET | State Agencies Reports | SeeNews The Consumer Price Index (CPI) was 100.49% in May 2008 compared to the previous month. link

UPDATE 1 - Romanian 750 Mln Euro 10-Yr Bond Attracts 1.3 Bln Euro Bids – Fin Min Jun 12, 2008, 14:19 CET | Story | SeeNews (adds details) link

Romanian Govt Econ Advisers Expect GDP Growth of at Least 7.5% in 2008 Jun 12, 2008, 14:11 CET | Story | SeeNews BUCHAREST (Romania), June 12 (SeeNews) - Romania’s National Prognoses Commission (CNP) said on Thursday it expects the rise in the country’s gross domestic product (GDP) in 2008 to exceed by at least one percentage point its current 6.5% projection, due to strong economic growth so far this year. link

Raiffeisen Capital & Investment - Investment Daily Romania - June 12, 2008 Jun 12, 2008, 13:21 CET | Broker’s Report | SeeNews Highlights link

Romania’s Economy Seen Growing by Nearly 8.0% in Q2 - Fin Min Jun 12, 2008, 12:48 CET | Story | SeeNews BUCHAREST (Romania), June 12 (SeeNews) - Romania’s economy is seen advancing by nearly 8.0% in the second quarter of 2008, almost the same growth pace it recorded in the three months through March, the country’s Finance Minister Varujan Vosganian said on Thursday. link

Romanian 750 Mln Euro 10-Yr Bond Attracts 1.3 Bln Euro Bids – Fin Min Jun 12, 2008, 12:33 CET | Story | SeeNews BUCHAREST (Romania), June 12 (SeeNews) - A 750 million euro ($1.2 billion) ten-year fixed-rate Romanian government bond has attracted bids worth 1.3 billion euro , the country’s Finance Minister Varujan Vosganian said on Thursday. link

ROMANIA’S ECONOMY SEEN GROWING BY CLOSE TO 8.0% IN Q2 - FIN MIN Jun 12, 2008, 12:17 CET | Alert | SeeNews link

Romanian National Institute of Statistics - Industry Statistical Bulletin - April 2008 Jun 12, 2008, 12:07 CET | State Agencies Reports | SeeNews CONTENTS link

Moody’s Says Comfortable with Romania’s Current Ratings Jun 12, 2008, 12:06 CET | Story | SeeNews BUCHAREST (Romania), June 10 (SeeNews) – Global ratings agency Moody’s Investors Service is comfortable with Romania’s Baa3 government bond ratings, with a stable outlook, an analyst at the agency said on Thursday. link

ROMANIA SAYS LAUNCHES 750 MLN EURO 10-YR BOND – FIN MIN Jun 12, 2008, 11:54 CET | Alert | SeeNews link

Romanian Institute of Statistics - Monthly Statistical Bulletin - April 2008 Jun 12, 2008, 11:46 CET | State Agencies Reports | SeeNews Romanian National Institute of Statistics has released its monthly statistical bulletin for April 2008 containing the following chapters: link

Romania May Start Trading Government Securities on Bucharest Bourse This Year Jun 12, 2008, 11:35 CET | Story | SeeNews BUCHAREST (Romania), June 12 (SeeNews) – Romania may start trading government securities on the Bucharest stock exchange (BVB) this year, the bourse, the BVB’s CEO and board president said on Thursday. link

Hungary’s Ablon Group To Develop 280 Mln Euro Project at Romanian Intl Airport Jun 12, 2008, 11:24 CET | Story | SeeNews BUCHAREST (Romania), June 12 (SeeNews) - Hungarian real estate company Ablon Group said on Thursday it will develop a 280 million euro ($435 million) project near Bucharest’s International airport Henri Coanda in Romania. link

Ieba Trust - Romanian Market Daily - June 11, 2008 Jun 12, 2008, 11:21 CET | Broker’s Report | SeeNews BSE indices closed slightly positive on the back of a low daily turnover link

Romania Schedule of Events - June 12 - Aug 11 Jun 12, 2008, 09:21 CET | Story | SeeNews BUCHAREST (Romania), June 12 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Romania through August 11. New or amended entries are marked (*). link

Bucharest Stock Exchange - Daily Report - Regulated Market - June 11, 2008 Jun 12, 2008, 08:53 CET | Specialists Reports | SeeNews Bucharest Stock Exchange has published its report on trading volumes and prices on the regulated market for June 11, 2008. link

Bucharest Stock Exchange - Daily Report - RASDAQ Market - June 11, 2008 Jun 12, 2008, 08:53 CET | Specialists Reports | SeeNews Bucharest Stock Exchange has published its RASDAQ daily market report for June 11, 2008. link

* Serbia *

Serbia’s Agrobanka Sees Turnaround to 1.75 Bln Dinar (22 Mln Euro) Profit in 2008 Jun 12, 2008, 17:40 CET | Story | SeeNews BELGRADE (Serbia), June 12 (SeeNews) – Serbian blue chip Agrobanka plans to turn to 1.75 billion dinars ($34million/22million euro) in profit this year from 2.1 billion dinars loss in 2007, the head of the bank, Dusan Antonic said on Thursday. link

Serbian Share Indices Down As Banks Trade Most Jun 12, 2008, 17:27 CET | Story | SeeNews BELGRADE (Serbia), June 12 (SeeNews) - The indices of the Belgrade Stock Exchange (BELEX) closed lower on Thursday and brokers said there was active trading in banking sector stocks. link

STOCKWATCH - RCB Keeps ’Buy’ Recommendation on Serbian Commercial Bank AIK Banka Jun 12, 2008, 15:57 CET | Story | SeeNews BELGRADE (Serbia), June 12 (SeeNews) - Austria’s Raiffeisen Centrobank (RCB) said on Thursday it maintained its ’Buy’ recommendation on Serbian blue-chip bank AIK Banka and left its target price under review ahead of a cost of equity change. link

Donations to Serbia Fall by 130 Mln Euro to 370 Mln Euro in 2007 – Fin Min Jun 12, 2008, 14:42 CET | Story | SeeNews BELGRADE (Serbia), June 12 (SeeNews) – International donations to Serbia fell by 130 million euro ($202 million) to 370 million euro last year, which shows the country began to rely more on own economic resources, Finance Minister Mirko Cvetkovic said on Thursday. link

U.N. Chief To Reconfigurate Mission in Kosovo - Media Jun 12, 2008, 14:42 CET | Story | SeeNews PRISTINA, June 12 (SeeNews) - U.N. Secretary General Ban Ki-moon has sent to Kosovo’s President Fatmir Sejdiu on Thursday a letter with proposals for the reconfiguration of the U.N. Mission in Kosovo (UNMIK), Kosovo radio and TV broadcaster RTK reported. link

Serbian C-bank Keeps Key Repo Rate Flat at 15.75% Jun 12, 2008, 13:25 CET | Story | SeeNews BELGRADE (Serbia), June 12 (SeeNews) - Serbia’s central bank, NBS, on Thursday said it will keep its key repo rate unchanged at 15.75%. link

SERBIAN C-BANK SAYS KEEPS KEY REPO RATE AT 15.75% Jun 12, 2008, 13:07 CET | Alert | SeeNews link

Vojvodjanska Banka - Daily Vobnews - June 12, 2008 Jun 12, 2008, 11:28 CET | Broker’s Report | SeeNews Vojvodjanska banka released its Daily Vobnews Report for June 12, 2008 containing the following charts and tables: link

Serbia Schedule of Events - June 12 - July 31 Jun 12, 2008, 10:04 CET | Story | SeeNews BELGRADE (Serbia), June 12 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Serbia through July 31. New or amended entries are marked (*). link

Belgrade Stock Exchange - Daily Report - June 11, 2008 Jun 12, 2008, 08:52 CET | Specialists Reports | SeeNews Belgrade Stock Exchange has published its daily report on trading volumes and prices for June 11, 2008 link

* Slovenia *

Slovenian Stock Indices Fall Further Despite Sava’s Debut, Gorenje Buy of ATAG Europe Jun 12, 2008, 18:25 CET | Story | SeeNews LJUBLJANA (Slovenia), June 12 (SeeNews) - Slovenian stock indices continued falling in listless trading on Thursday despite the debut of the country’s largest reinsurer on the local bourse and news of an acquisition made by household appliance manufacturer Gorenje, brokers said. link

Slovenia’s Grand Hotel Union Plans 4.45 Mln Euro Upgrade Jun 12, 2008, 17:32 CET | Story | SeeNews LJUBLJANA (Slovenia), June 12 (SeeNews) - Slovenian four-star Grand Hotel Union plans to invest 4.452 million euro ($6.9 million) in an upgrade of its facilities, it said on Thursday. link

Slovenian Top Reinsurer Pozavarovalnica Sava Fails To Impress in Ljubljana Bourse Debut Jun 12, 2008, 17:01 CET | Story | SeeNews LJUBLJANA (Slovenia), June 12 (SeeNews) - Shares in Slovenia’s largest reinsurer Pozavarovalnica Sava made an unimpressive debut on the Ljubljana Stock Exchange (LJSE) on Thursday as buyers showed no interest in them, brokers said. link

Slovenian Statistical Office - Business Entities - Craft Enterprises, 2006 Jun 12, 2008, 14:24 CET | State Agencies Reports | SeeNews
 There were 36 614 enterprises registered in sections of activities C-K of the Standard Classification of Activities (SKD) in 2006; 87.2% of them were natural persons and 12.8% were legal persons.- Craft enterprises represented 36.4% of all enterprises in the mentioned sections of activities. They employed 24.2% of persons employed in these activities and settled 18.0% of the turnover in these activities.- Micro craft enterprises with up to 9 persons employed prevailed in the number of enterprises (94.1%). Those craft enterprises employed the majority of persons employed (45.2%) and settled 24.6% of the turnover of craft enterprises.- The majority of craft enterprises were registered in construction (34.9%) and manufacturing (28.4%). link

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