SEENEWS – news report of 18.08.2008

News report of 18.08.2008

* Albania *

Albania’s H1 Energy Output Up by 22.7% Y/Y Aug 18, 2008, 11:48 CET | Story | SeeNews TIRANA (Albania), August 18 (SeeNews) - Albania produced 1,991 GWh of electricity through June, up by 22.7% on the year, Albania’s statistics office said on Monday. link

* Bosnia *

Bosnian Tamaris Eyes 5.1 Mln Euro Deal to Build Soccer Fields in Algeria Aug 18, 2008, 16:01 CET | Story | SeeNews BANJA LUKA (Bosnia and Herzegovina), August 18 (SeeNews) – Bosnian landscaping company Tamaris is in talks over a 10 million marka ($7.6 million/5.1 million euro) deal with Algeria’s Etrev for the construction and maintenance of several soccer fields in the African country, Bosnian Dnevni Avaz daily reported on Monday. link

Bosnia’s Biggest Drug Maker Bosnalijek Raises Capital by 10.3 Mln Euro Aug 18, 2008, 15:33 CET | Story | SeeNews BANJA LUKA (Bosnia and Herzegovina), August 18 (SeeNews) - Bosnia’s biggest pharmaceutical company, blue chip Bosnalijek, said on Monday it has issued new shares worth 19.9 million marka ($15.1 million/10.3 million euro), increasing its share capital to 78.3 million marka. link

Federal Office of Statistics of Bosnia and Herzegovina - Average Wage by the CEA - June 2008 Aug 18, 2008, 07:56 CET | State Agencies Reports | SeeNews AVERAGE NET WAGE, JUNE 2008. YEAR BY THE CEA link

Federal Office of Statistics of Bosnia and Herzegovina - Consumer Price by COICOP Divisions - July 2008 Aug 18, 2008, 07:55 CET | State Agencies Reports | SeeNews The consumer price index in July 2008 rose by 0,11% in relation to the previous month. link

Federal Office of Statistics of Bosnia and Herzegovina - Employment by the CEA - June 2008 Aug 18, 2008, 07:54 CET | State Agencies Reports | SeeNews The total numer of employed persons in June 2008. in Federation B&H came to 433,170. In relation with the previous month it increased by 0.7%.In comparison with the annual average of employed persons in 2007. year it increased by 4.7%. link

Federal Office of Statistics of Bosnia and Herzegovina - Indices of Industrial Production - July 2008 Aug 18, 2008, 07:54 CET | State Agencies Reports | SeeNews Industrial production in the Federation of Bosnia and Herzegovina in July 2008 rose by 39,3% in relation to the average monthly production of 2005, and rose by 8,3% in relation to July 2007 and rose by 5,0% in relation to June 2008.Total industrial production in period January - July 2008 in relation to same period 2007 rose by 5,4%, industrial production in field of Mining less for 0,4%, Manufacturing industry rose by 5,6%, Electricity, gas and water supply rose by 8,9%.Viewed according to main industrial grouping in period January-July 2008 in relation to same perios January - July 2007, increase in production was posted at energy for 8,2%, intermediate goods except energy for 1,7%, capital goods for 17,1%, non-durable consumer goods for 7,9%, decline was posted at durable consumer goods for 14,0%. link

Federal Office of Statistics of Bosnia and Herzegovina - Producer Price Indices - July 2008 Aug 18, 2008, 07:53 CET | State Agencies Reports | SeeNews The producers’ prices indices of industrial products in July 2008 rose by 0,6% in relation to previous month. link

Institute of Statistics of the Bosnian Serb Republic - Consumer Price Index - July 2008 Aug 18, 2008, 07:52 CET | State Agencies Reports | SeeNews Consumer Price Index link

* Bulgaria *

Slovenia’s HSE To Earn 102 Mln Euro from Sale of Its 100% Stake in Bulgarian Ruse Heating Plant - Media Aug 18, 2008, 18:49 CET | Story | SeeNews LJUBLJANA (Slovenia), August 18 (SeeNews) - Slovenian power conglomerate Holding Slovenske Elektrarne (HSE) will earn 102 million euro ($150 million) from the sale of its 100% stake in the heating plant of the Bulgarian city of Ruse to Russian mining and metals group Mechel OAO, Slovenian daily Dnevnik reported on Monday. link

Raiffeisen International’s Two Leasing Units in Bulgaria Raise H1 Combined Assets 69% Y/Y Aug 18, 2008, 18:22 CET | Story | SeeNews SOFIA (Bulgaria), August 18 (SeeNews) – The two leasing units of Raiffeisen International in Bulgaria raised their combined assets in the first half of the year by an annual 69% to 539 million levs ($408 million/277 million euro), Raiffeisenbank Bulgaria said on Monday. link

STOCKWATCH - Bulgaria’s Elana Trading Starts Coverage of Neochim with "Market Outperform" Aug 18, 2008, 17:18 CET | Analysis | SeeNews SOFIA (Bulgaria), August 18 (SeeNews) - Bulgarian brokerage Elana Trading said on Monday it has launched coverage of local blue-chip chemical fertiliser producer Neochim with a “Market Outperform” recommendation. link

Bulgarian Bourse Indices Fall in Dull Trading Aug 18, 2008, 15:45 CET | Story | SeeNews SOFIA (Bulgaria), August 18 (SeeNews) – Bulgarian bourse stock indices fell on Monday in slow trading and low volumes, brokers said. link

Bulgaria’s Stara Planina Hold H1 Net Profit Falls 10% - Table Aug 18, 2008, 15:25 CET | Story | SeeNews SOFIA (Bulgaria), August 18 (SeeNews) - Bulgarian industrial group Stara Planina Hold said on Monday its consolidated net profit fell by 10% to 3.3 million levs ($2.5 million/1.7 million euro) in the first half of the year despite an 11% rise in sales. link

Bulgarian C-Bank FX Reserves Rise 4.1% W/W in Week Ended Aug 15 - Table Aug 18, 2008, 15:22 CET | Story | SeeNews SOFIA (Bulgaria), August 18 (SeeNews) - The foreign exchange assets of the Bulgarian central bank’s (BNB) Issue Department totalled 28.332 bilion levs ($21.45 billion/14.58 billion euro) on August 15, up 4.1% from a week earlier, BNB said on Monday. link

Elana - Company Profile - Neochim - Aug 18, 2008 Aug 18, 2008, 14:54 CET | Broker’s Report | SeeNews Recommendation Previous From date 52-week target link

FFBH - Bulgaria Morning Update - Aug 18, 2008 Aug 18, 2008, 14:13 CET | Broker’s Report | SeeNews market WRAP-UP link

FFBH - Bulgaria Weekly Update - Aug 11 - 15, 2008 Aug 18, 2008, 14:04 CET | Broker’s Report | SeeNews MARKET WRAP-UPThe week’s highlight was a slight recovery: SOFIX gained 2.9% to 1 037.91 points, wide BG40 added 1.2% to 258.02 points, BGTR30 closed 1.9% higher at 674.89 points, while BGREIT lost 1.30% down to 87.56 points. The positive sentiment came from a moderate rebound of foreign equity markets, positive news about decreasing oil prices and a change in USD / EUR FX rate. The Bulgarian market remained quiet in terms of corporate news or financial data. The people monitoring the market on the offer side activated their orders and supported a move North of the overall price levels. link

Bulgarian Blue Chip Chimimport Places 65 Mln Euro Convertible Bond Aug 18, 2008, 12:21 CET | Story | SeeNews SOFIA (Bulgaria), August 18 (SeeNews) - Bulgarian blue-chip industrial group Chimimport said on Monday it has placed a seven-year convertible bond issue worth 65 million euro on the international market to finance its expansion. link

Shippers’ Non-binding Interest Exceeds Nabucco Gas Pipeline Capacity Aug 18, 2008, 12:00 CET | Story | SeeNews SOFIA (Bulgaria), August 18 (SeeNews) – Nabucco Gaspipeline International, the consortium of six partners behind the EU-backed key energy project, said on Monday the interest of potential shippers exceeds the pipeline’s capacity. link

Elana - BSE - Sofia Weekly Overview - Aug 15, 2008 Aug 18, 2008, 11:19 CET | Broker’s Report | SeeNews Market Trend link

Karoll - Bulgarian Stock Market Overview - Aug 11 - 15, 2008 Aug 18, 2008, 11:07 CET | Broker’s Report | SeeNews Commentary link

Bulgarian Ministry of Finance - Payment Arrears of Central Government and Local Government - July 2008 Aug 18, 2008, 10:43 CET | State Agencies Reports | SeeNews The Bulgarian Ministry of Finance has published its monthly report on information on payment arrears of central government and local government for July 2008. link

Bulbrokers - Daily FX Analysis - Aug 18, 2008 Aug 18, 2008, 10:15 CET | Broker’s Report | SeeNews The dollar continued its gain against the major currencies link

Bulgaria Schedule of Events - Aug 18 - Nov 25 Aug 18, 2008, 10:01 CET | Story | SeeNews SOFIA (Bulgaria), August 18 (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

Union of the Importers of Automobiles in Bulgaria - New Vehicles Sales in Bulgaria - Jan - July 2008 Aug 18, 2008, 08:18 CET | Specialists Reports | SeeNews The Union of the Importers of Automobiles in Bulgaria has published its report on new vehicles sales in Bulgaria for the period January - July 2008. link

* Croatia *

Croatian Bourse Declines, Liquidity Hits 2008 Low In Midst Of Investor Holidays Aug 18, 2008, 18:02 CET | Story | SeeNews ZAGREB (Croatia), August 18 (SeeNews) - Liquidity on the Zagreb bourse on Monday hit its lowest level this year as the summer holidays of investors took their toll and pushed down the share indices, analysts said. link

Croatia C-bank Says Sale of Stake in Oil Group INA May Fuel Domestic Inflation – Media Aug 18, 2008, 14:48 CET | Story | SeeNews ZAGREB (Croatia), August 18 (SeeNews) – Croatian central bank governor Zeljko Rohatinski said the expected sale of a stake in local oil and gas company INA is likely to boost consumption and fuel a new round of inflation in the country, local media reported on Monday. link

FIMA - Weekly Report - Aug 11 - 15, 2008 Aug 18, 2008, 14:17 CET | Broker’s Report | SeeNews OVERVIEW link

Erste Securities - Croatian Equity Daily - Aug 18, 2008 Aug 18, 2008, 11:36 CET | Broker’s Report | SeeNews Highlights: link

Croatia Schedule of Events - Aug 18 - Oct 15 Aug 18, 2008, 10:10 CET | Story | SeeNews ZAGREB (Croatia), August 18 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Croatia through October 14. New or amended entries are marked (*). link

* Macedonia *

Macedonia’s June Tourist Numbers Rise 12% Y/Y – Table Aug 18, 2008, 14:58 CET | Story | SeeNews SKOPJE (Macedonia), August 18 (SeeNews) - The number of tourists in Macedonia in June rose by 12% on the year to 49,881, after increasing by an annual 25.3% in May, the country’s Statistics Office said on Monday. link

Value of Macedonian Bank Card Transactions Rises 10.4% M/M in July - Table Aug 18, 2008, 11:43 CET | Story | SeeNews SKOPJE (Macedonia), August 18 (SeeNews) - The value of bank card transactions in Macedonia rose by 10.4 % month-on-month to 12.465 billion denars ($298.6 million/202.62 million euro) in July, as their number increased by a monthly 6.9 %, central bank statistics showed on Monday. link

EIB Lends Macedonia’s NLB Tutunska Banka 10 Mln Euro Aug 18, 2008, 11:24 CET | Story | SeeNews SKOPJE (Macedonia), August 18 (SeeNews) – Macedonia’s NLB Tutunska Banka AD Skopje on Monday said it has provided a 10 million euro ($14.7 million) loan from the European Investment Bank (EIB) to finance infrastructure projects of the private sector and municipalities. link

Macedonia Schedule of Events - Aug 18 - Nov 14 Aug 18, 2008, 09:33 CET | Story | SeeNews SKOPJE (Macedonia), August 18 (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

State Statistical Office of Macedonia - Business Tendencies in the Construction - Q2 2008 Aug 18, 2008, 07:51 CET | State Agencies Reports | SeeNews The present business situation of enterprises, according to the managers of the enterprises from the construction sector, in the second quarter of 2008 is more satisfactory than in the same quarter previous yearAccording the data from the State Statistical Office the managers of the enterprises have evaluated that the present business situation in the second quarter of 2008 is more satisfactory than in the same quarter previous year. Also the assessment of the present financial situation of their enterprises is more satisfactory than in the same quarter previous year. The expectations for the number of employees in the next period are less optimistic, while the assessment of the present orders and also the assessment of the present quantity and quality of the enterprise’s mechanization and equipment is more satisfactory. In the next period an increase of the selling prices is expected, and decrease of the total orders (agreements).The most important influence in the limitat ion for the improvement of the present construction activity have the following factors: increased material expenditures with 25.5%, increased financial expenditures (interests) with 14.2%, competition in the same sector with 12.5%, and also other factors with 9.6%. link

State Statistical Office of Macedonia - Business Tendencies in the Retail Trade - Q2 2008 Aug 18, 2008, 07:50 CET | State Agencies Reports | SeeNews The managers of the enterprises have assessed that the current business situation in their enterprises of retail trade in the second quarter of 2008 is more satisfactory than in the same quarter of 2007Their financial situation is more optimistic. Their expectations of the business situation for the next period are more optimistic. The managers of the enterprises have assesssed that their current stocks in enterprises in the second quarter of 2008 are more satisfactory compared to the previous quarter. The assessment of the orders for the next period is more satisfactory, while the expectation of the number of employees is more pesimistic.The managers of the enterprises have assessed that the current selling prices of goods in the second quarter of 2008 increased compared to the first quarter of 2008.Their assessement of the expectation for the selling prices during the next 3-4 months is optimistic. Most important influence that limits business situation of the enterprises i n the first quarter of 2008 had the following factors: low demand with 24.8%, increasing competitiveness with 14.6% and increasing offers on the markets with 11.7%. link

State Statistical Office of Macedonia - Price Indices in Agriculture - July 2008 Aug 18, 2008, 07:49 CET | State Agencies Reports | SeeNews The price index in agriculture in July 2008, in group Input is increased by 25.1% and in group Output is increased by 20.7% in comparison with July previous yearAccording to the data of the State Statistical Office, in July 2008, the price index for Input 1 (goods currently spent in agriculture) is increased by 125.3 compared with July 2007, and the price index for Input 2 (investment in agriculture) is increased by 116.6.In July 2008, the price index in Crop production is increased by 117.2 compared with July 2007 and the price index in Livestock production is increased by 129.4. link

* Moldova *

Moldova’s Gas Utility Moldovagaz Names New Board Chairman Aug 18, 2008, 15:44 CET | Story | SeeNews CHISINAU (Moldova), August 18 (SeeNews) – Moldovan gas utility Moldovagaz, majority owned by Russia’s Gazprom, has appointed Alexandru Gusev new board chairman, a company official said on Monday. link

Moldova’s H1 Tourist Arrivals Rise 5.7%, Overnights Up 7.2% Aug 18, 2008, 15:28 CET | Story | SeeNews CHISINAU (Moldova), August 18 (SeeNews) - Tourist arrivals in Moldova rose by 5.7% on the year to 34,972 in the first half, with visitors from neighbouring Romania and Ukraine topping the list, Moldova’s statistics bureau said on Monday. link

Moldova Earns 84.2 Mln Lei (6.0 Mln Euro) from Sale of Stakes in Five Companies Aug 18, 2008, 11:01 CET | Story | SeeNews CHISINAU (Moldova), August 18 (SeeNews) - Moldova received on Monday a total of 84.2 million lei ($8.7 million/6.0 million euro) from the sale of state-owned stakes in five companies on the Moldovan Stock Exchange (BVM). link

Moldova Schedule of Events - Aug 18 - Oct 8 Aug 18, 2008, 09:02 CET | Story | SeeNews CHISINAU (Moldova), August 18 (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

* Montenegro *

Montenegro’s Mobile Phone Penetration Rate Rises to 197.62% in June Aug 18, 2008, 10:02 CET | Story | SeeNews PODGORICA (Montenegro), August 18 (SeeNews) - Montenegro’s mobile phone penetration rate rose to 197.62% at the end of June from 187.83% a month earlier, data from the country’s telecommunications regulator showed on Monday. link

New Securities Exchange of Montenegro - Daily Report - Aug 15, 2008 Aug 18, 2008, 07:19 CET | Specialists Reports | SeeNews The New Securities exchange of Montenegro (NEX) has published its daily report on trading volumes and prices for August 15, 2008. link

* Romania *

Romanian Bourse Indices Close Mostly Down in Low Liquidity Aug 18, 2008, 18:08 CET | Story | SeeNews BUCHAREST (Romania), August 18 (SeeNews) - Romanian stock indices closed mostly down on Monday in low liquidity as Romania’s five regional investment funds, the SIFs, lost the most, brokers said. link

Romanian Leu Begins Week Stronger vs Euro Aug 18, 2008, 17:07 CET | Story | SeeNews BUCHAREST (Romania), August 18 (SeeNews) - Romania’s leu on Monday ended at 3.5200/5240 against the euro, stronger than Friday’s 3.5485/3.5525 closing, dealers said. The leu appreciated on the back of high interest rates on deposits, coupled with signals from the European Central Bank that it might not tighten its monetary policy further, while Romania’s central bank, on the other hand, is expected to raise rates, one dealer told SeeNews. link

CORRECTED (OFFICIAL) - Romania’s N-Plant Operator H1 Gross Profit Rises 45% Y/Y to 87 Mln Lei (25 Mln Euro) Aug 18, 2008, 16:34 CET | Story | SeeNews In BUCHAREST story "Romania’s N-Plant Operator H1 Gross Profit Rises 45% Y/Y to 87 Mln Lei (25 Mln Euro)" dated August 18 please read in the second paragraph "... increased by 95% to 681 million lei ..." instead of "... increased by 195% to 681 million lei..." to comply with a corrected statement issued by Nuclearelectrica. link

Romania’s N-Plant Operator H1 Gross Profit Rises 45% Y/Y to 87 Mln Lei (25 Mln Euro) Aug 18, 2008, 15:26 CET | Story | SeeNews BUCHAREST (Romania), August 18 (SeeNews) - State-owned Nuclearelectrica, the operator of Romania’s sole nuclear power plant Cernavoda, reported on Monday a 45% rise in its first-half gross profit to 87 million lei ($36 million/25 million euro) due to the launch of its second 700-MW reactor. link

Romanian National Institute of Statistics - Population and Demographic Phenomena - June 2008 Aug 18, 2008, 15:20 CET | State Agencies Reports | SeeNews The decrease in population also continued in June 2008, in keeping with the trend of recent years. link

Romanian Insurer Agras Extends H1 Net Loss Aug 18, 2008, 14:15 CET | Story | SeeNews BUCHAREST (Romania), August 18 (SeeNews) - Romanian insurer Agras reported on Monday a first-half net loss of some 886,000 lei ($369,000/250,500 euro), versus a loss of nearly 874,000 lei a year earlier. link

Raiffeisen Capital & Investment - Company News - Albalact - Q2 2008 Results - Aug 18, 2008 Aug 18, 2008, 12:10 CET | Broker’s Report | SeeNews Albalact (ALBZ), the largest dairy producer in Romania still in private hands, has released its 2Q 08 financials under RAS. Sales were up 17.7% yoy to RON 42.9 mn, on the back of the inherent development of the local market as a result of the grey milk economy turning white. On the costs side, the company’s performance was less impressive, with most expenses surging yoy. Raw materials expenses were up 36% yoy to RON 31.3 mn, due to hikes in the milk price and difficulties related to securing milk within EU quality paramenters. Salaries were up 44% yoy to RON 4.92 mn. EBIT was down more than 80% yoy to RON 0.43 mn from RON 2.28 mn a year earlier. Bottom line amounted to RON 0.13 mn, 90% lower yoy. The results are in line with our expectations. We will present our views in a first impression shortly. link

Shippers’ Non-binding Interest Exceeds Nabucco Gas Pipeline Capacity Aug 18, 2008, 12:00 CET | Story | SeeNews SOFIA (Bulgaria), August 18 (SeeNews) – Nabucco Gaspipeline International, the consortium of six partners behind the EU-backed key energy project, said on Monday the interest of potential shippers exceeds the pipeline’s capacity. link

Romania’s Dairy Farm Albalact H1 Net Profit Falls 86% - Table Aug 18, 2008, 10:52 CET | Story | SeeNews BUCHAREST (Romania), August 18 (SeeNews) - Romanian dairy farm Albalact said its first-half net profit fell 86% on the year to 964,693 lei ($402,106/272,966 euro) as costs rose faster than revenue. link

Romania’s SSIF Broker H1 Net Profit Slumps 87.2% - Table Aug 18, 2008, 10:50 CET | Story | SeeNews BUCHAREST (Romania), August 18 (SeeNews) - Romanian brokerage SSIF Broker reported on Monday a first-half net profit of 2.62 million lei ($1.1 million/741,200 euro), down 87.2% from a year earlier, as revenue fell while costs rose. link

ROMANIA’S SSIF BROKER H1 NET PROFIT FALLS 87.2% TO 2.62 MLN LEI (741,200 EURO) Aug 18, 2008, 10:48 CET | Alert | SeeNews link

Ieba Trust - Romanian Market Daily - Aug 15, 2008 Aug 18, 2008, 10:30 CET | Broker’s Report | SeeNews The five SIFs generated 62.21% of the Regular market daily turnover. link

Raiffeisen Capital & Investment - Investment Daily Romania - Aug 18, 2008 Aug 18, 2008, 10:09 CET | Broker’s Report | SeeNews Trader’s Comment link

KD Capital Management - Bucharest Stock Exchange - Market Report - Aug 15, 2008 Aug 18, 2008, 09:58 CET | Broker’s Report | SeeNews 1. BUCHAREST STOCK MARKET EVOLUTION link

Ieba Trust - Company Pager - Biofarm - Aug 15, 2008 Aug 18, 2008, 09:35 CET | Broker’s Report | SeeNews Company Overview link

Romania Schedule of Events - Aug 18 – Nov 11 Aug 18, 2008, 09:08 CET | Story | SeeNews BUCHAREST (Romania), August 18 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Romania through November 11. New or amended entries are marked (*). link

Bucharest Stock Exchange - Daily Report - Regulated Market - Aug 15, 2008 Aug 18, 2008, 07:25 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its report on trading volumes and prices on the regulated market for August 15, 2008. link

Bucharest Stock Exchange - Daily Report - RASDAQ Market - Aug 15, 2008 Aug 18, 2008, 07:23 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its RASDAQ daily market report for August 15, 2008. link

* Serbia *

Serbian Company Lays Groundwork for Country’s First Automated Factory Aug 18, 2008, 18:21 CET | Story | SeeNews BELGRADE (Serbia), August 18 (SeeNews) – Serbian company ICM Electronics has laid the groundwork for the country’s first automated factory, in the northern village of Platicevo, ICM marketing manager Nenad Micic told SeeNews. The 2008 construction costs of the factory, which will mainly manufacture welding machines, are expected to be about one million euro ($1.47 million). The facility will span one square kilometre and production is due to begin by year’s end. The Saturday ceremony was attended by Japanese company, and ICM partner, Fanuc Robotic’s European director Lionel Mercou and the Japanese Ambassador to Serbia, Tadashi Nagai. (1 euro = $1.4723) link

Serbia To Start Construction of Key Motorway in September - Infrastructure Min Aug 18, 2008, 17:48 CET | Story | SeeNews BELGRADE (Serbia), August 18 (SeeNews) – Serbia said on Monday it will start building a key motorway in September, no matter whether it will cancel its concession deal for the motorway construction with the Austrian consortium Alpine-Porr, or not. link

Serbia Needs Two Billion Euro To Complete Key Motorway Aug 18, 2008, 16:54 CET | Story | SeeNews BELGRADE (Serbia), August 18 (SeeNews) – Serbia will need two billion euro by 2011 to build its sections of a key motorway linking the nation to Western Europe and the Middle East, Serbian Prime Minister Mirko Cvetkovic told reporters on Monday during a visit of the construction site of Belgrade’s beltway. link

Serbian Stock Indices Start Week Mostly Up, Volumes Fall Aug 18, 2008, 16:30 CET | Story | SeeNews BELGRADE (Serbia), August 18 (SeeNews) – The indices on the Belgrade Stock Exchange (BELEX) mostly rose on Monday in a tedious session as trading volumes slightly fell, brokers said. link

National Bank of Serbia - Financial Services Consumer Protection and Market Supervision - Jan - June 2008 Aug 18, 2008, 15:53 CET | State Agencies Reports | SeeNews I. INTRODUCTIONII. CONSUMER COMPLAINTS1. Banks2. Insurance Companies3. Financial LessorsIII. MEDIATIONSIV. CONSUMER EDUCATIONV. CONCLUSION link

National Bank of Serbia - Foreign Exchange Rates - July 2008 Aug 18, 2008, 15:44 CET | State Agencies Reports | SeeNews The National Bank of Serbia (NBS) has released its monthly report on foreign exchange rates for July 2008. link

National Bank of Serbia - Selected Monetary and Foreign Exchange Indicators - July 2008 Aug 18, 2008, 15:36 CET | State Agencies Reports | SeeNews The National Bank of Serbia (NBS) has released its monthly report on selected monetary and foreign exchange indicators for July 2008. link

National Bank of Serbia - Foreign Exchange Reserves - July 2008 Aug 18, 2008, 15:35 CET | State Agencies Reports | SeeNews The National Bank of Serbia (NBS) has released its monthly report on foreign exchange reserves for July 2008. link

National Bank of Serbia - Lending and Deposit Interest Rates - July 2008 Aug 18, 2008, 15:27 CET | State Agencies Reports | SeeNews The National Bank of Serbia (NBS) has published its monthly report on lending and deposit interest rates for July 2008. link

National Bank of Serbia - Balance of Payments - Jan - June 2008 Aug 18, 2008, 15:26 CET | State Agencies Reports | SeeNews The National Bank of Serbia (NBS) has published its monthly report on balance of payments for the period January - June 2008, containing the following tables: link

National Bank of Serbia - Price Movements - July 2008 Aug 18, 2008, 15:25 CET | State Agencies Reports | SeeNews The National Bank of Serbia (NBS) has released its monthly report on price movements for July 2008. link

National Bank of Serbia - Services - Jan - June 2008 Aug 18, 2008, 15:23 CET | State Agencies Reports | SeeNews The National Bank of Serbia (NBS) has released its monthly report on services for June 2008. link

Serbia’s Telecommunications Market To Grow 10% in 2008 Aug 18, 2008, 15:19 CET | Story | SeeNews BELGRADE (Serbia), August 18 (SeeNews) – Serbia’s telecommunications market is expected to grow by 10% to 1.65 billion euro this year, the country’s Telecommunications Minister Jasna Matic has said. link

Sinteza Investment Group - Weekly Market Wrap Up - Aug 11 - 15, 2008 Aug 18, 2008, 14:26 CET | Broker’s Report | SeeNews Ikarbus Sold to AvtodetalIndexes Show Signs of Recovery link

Serbian Arms Maker Zastava Oruzje H1 Sales at $10 Mln – Media Aug 18, 2008, 14:20 CET | Story | SeeNews BELGRADE (Serbia), August 18 (SeeNews) - Serbian arms producer Zastava Oruzje posted sales of $10 million (6.8 million euro) in the first half of the year, Serbian daily Danas reported on Monday. link

Sinteza Investment Group - Weekly Market Wrap Up - Aug 4 - 8, 2008 Aug 18, 2008, 13:46 CET | Broker’s Report | SeeNews American Soft Drink Giant PepsiCo Inc. is in Talks to Acquire Serbian Mineral Water Bottler Knjaz Milos link

Serbia To Start Cutting Red Tape To Make Investing Easier Aug 18, 2008, 13:06 CET | Story | SeeNews BELGRADE (Serbia), August 18 (SeeNews) – Serbia’s Economy and Regional Development Minister Mladjan Dinkic has said the government will begin scrapping regulations that hinder and stall investments next month in a bid to lure investors to the EU-aspiring country, local news agency Beta reported on Sunday. link

Vojvodjanska Banka - Daily Vobnews - Aug 18, 2008 Aug 18, 2008, 11:15 CET | Broker’s Report | SeeNews Vojvodjanska banka released its Daily Vobnews report for August 18, 2008 containing the following charts and tables: link

Serbia Schedule of Events - Aug 18 - Dec 30 Aug 18, 2008, 09:07 CET | Story | SeeNews BELGRADE (Serbia), August 18 (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

* Slovenia *

Slovenia’s HSE To Earn 102 Mln Euro from Sale of Its 100% Stake in Bulgarian Ruse Heating Plant - Media Aug 18, 2008, 18:49 CET | Story | SeeNews LJUBLJANA (Slovenia), August 18 (SeeNews) - Slovenian power conglomerate Holding Slovenske Elektrarne (HSE) will earn 102 million euro ($150 million) from the sale of its 100% stake in the heating plant of the Bulgarian city of Ruse to Russian mining and metals group Mechel OAO, Slovenian daily Dnevnik reported on Monday. link

Slovenian Stock Indices End Almost Flat Amid Lack of Investor Interest Aug 18, 2008, 18:42 CET | Story | SeeNews LJUBLJANA (Slovenia), August 18 (SeeNews) - Slovenian stock indices ended almost unchanged on Monday amid a lack of investor interest and brokers said they expect further listless trading this week. link

STOCKWATCH - Slovenian Reinsurer Pozavarovalnica Sava Says S&P Affirms Its L/T Credit, Financial Strength Rating at ‘BBB+’ Aug 18, 2008, 18:08 CET | Analysis | SeeNews LJUBLJANA (Slovenia), August 18 (SeeNews) - Standard & Poor’s Ratings Services has affirmed the long-term credit and financial strength rating of Slovenian reinsurer Pozavarovalnica Sava at ‘BBB+’, Pozavarovalnica Sava said on Monday. link

Slovenia’s June Avg Net Salary Rises by Nominal 8.1% Y/Y - Table Aug 18, 2008, 17:27 CET | Story | SeeNews LJUBLJANA (Slovenia), August 18 (SeeNews) - Slovenia’s June average net monthly salary was a nominal 8.1% higher than a year earlier at 883.58 euro ($1,299), the Statistics Office said on Monday. link

Slovenian Statistical Office - Public Water Supply - 2007 Aug 18, 2008, 11:01 CET | State Agencies Reports | SeeNews Compared to 2006 and 2007 1.2% more water supplied to households and business entities from public water supply was consumed. link

Slovenian Statistical Office - Average Monthly Earnings - Provisional Data - June 2008 Aug 18, 2008, 10:52 CET | State Agencies Reports | SeeNews Compared to May 2008, average monthly gross and net earnings for June 2008 increased. Average monthly net earnings for June 2008 amounted to EUR 883.58, which is 0.1% more than for May 2008. link

Ljubljana Stock Exchange - Comprehensive Monthly Statistics - July 2008 Aug 18, 2008, 07:33 CET | Specialists Reports | SeeNews Ljubljana Stock exchange has published its monthly report on turnover and prices for July 2008. link

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