SEENEWS – news report of 22.07.2008

News report of 22.07.2008

* Bosnia *

Bosnia Calls Tender for Procurement of Goods and Services for Railway Upgrades Jul 22, 2008, 14:04 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), July 22 (SeeNews) – Bosnia on Tuesday invited bids for goods and services needed for a railway upgrade project worth 140 million euro ($223 million), to be partly financed by the European Bank for Reconstruction and Development (EBRD), the bank said. link

Bosnia Power Utilities Call Tender for Procurement of Distribution Equipment Jul 22, 2008, 12:55 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), July 22 (SeeNew) - Bosnia’s three power utilities have invited bids for the supply of electricity distribution equipment which is financed by a loan from the European Bank for Reconstruction and Development (EBRD), the bank said. link

Bosnian Sanitary Paper Producer Celex Halves H1 Loss - Table Jul 22, 2008, 12:22 CET | Story | SeeNews BANJA LUKA (Bosnia and Herzegovina), July 22 (SeeNews) - Slovak-owned Bosnian sanitary paper producer SHP Celex cut its loss to some 87,000 marka ($70,000/44,000 euro) in the first half of 2008 from 181,000 marka in the year-ago period, as revenue rose faster than costs, company figures showed on Tuesday. link

UN, EU Hail Arrest of Bosnian Serb War Crimes Indictee Karadzic Jul 22, 2008, 11:58 CET | Story | SeeNews BELGRADE (Serbia), July 22 (SeeNews) – The United Nations and the European Union on Tuesday hailed Serbia’s arrest of Bosnian Serb wartime leader Radovan Karadzic charged by the U.N. war crimes tribunal with crimes against Muslims in Bosnia committed in the 1992-95 Bosnian war. link

Sarajevo Stock Exchange - Annual Statistics - 2007 Jul 22, 2008, 10:49 CET | Specialists Reports | SeeNews The Sarajevo Stock exchange has published its annual report on trading volumes and prices for 2007. link

Bosnia Schedule of Events - July 22 - Nov 20 Jul 22, 2008, 09:42 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), July 22 (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 *

European Commission Proposes To Lift Aviation Safeguard Clause on Bulgaria Jul 22, 2008, 18:33 CET | Story | SeeNews SOFIA (Bulgaria), July 22 (SeeNews) - The European Union executive proposed on Tuesday to the Justice and Home Affairs Council to lift the safeguard clause imposed on Bulgaria in the area of aviation. link

KBC Group’s Brokerage Arm To Enter Bulgaria in Autumn Jul 22, 2008, 17:39 CET | Story | SeeNews SOFIA (Bulgaria), July 22 (SeeNews) - KBC Securities, the brokerage arm of Belgian banking and insurance group KBC, plans to enter the Bulgarian market by setting up a branch this autumn as part of its plan to boost its presence in Central and Eastern Europe, the group said on Tuesday. link

Projects - JK Holding to start construction of a holiday complex near Smolyan Jul 22, 2008, 16:44 CET | Story | Stroitelstvo Gradat A holiday complex is under construction at the foot of Orpheus rocks near Smolyan. The concept is for a settlement in proximity with Smolian lakes combining ethnic architecture with luxury and comfort of a modern house. link

Real Estate & Investments - One third of Burgas Sun City Center shopping center already rented Jul 22, 2008, 16:41 CET | Story | Stroitelstvo Gradat One third of Burgas shopping center is rented. Sun City Center will be ready by the end of 2010. link

Regions - Carrefour To Invest EUR 10m in Stara Zagora Project Jul 22, 2008, 16:38 CET | Story | Stroitelstvo Gradat The location of the new mall is on Zora blvd. in the district town near DZU works. The site is 20,900 sq. m, the retail space is 14,575 sq. m, the hypermarket retail space is 6,324 sq. m. The design was prepared by Planning Ltd. with leading designer Ilian Iliev. link

Infrastructure - Lovech Waste-water Treatment Plant To Be Completed by April 2009 Jul 22, 2008, 16:36 CET | Story | Stroitelstvo Gradat The waste-water treatment plant in Lovech will be completed by April 2009, a similar facility is already under construction in Sevlievo. link

Blue-Chip Lead/Zink Smelter OTZK Lifts Bulgarian Share Indices, Positive Mood Seen To Hold Jul 22, 2008, 16:35 CET | Story | SeeNews SOFIA (Bulgaria), July 22 (SeeNews) - Blue-chip lead and zinc smelter OTZK, Bulgaria’s second largest, lifted the two main share indices of the Sofia bourse on Tuesday and the positive sentiment is expected to hold in the short run, brokers said. link

Sigma Consulting named as buyer of Plovdiv cigarette factory Jul 22, 2008, 16:33 CET | Story | Dnevnik A company believed to be affiliated with the Vinprom Peshtera group is the new owner of the Bulgartabac cigarette factory in Plovdiv, shows the bulletin of the Central Depository. link

H1 new car sales growth ranks Bulgaria 2nd in EU Jul 22, 2008, 16:31 CET | Story | Dnevnik Bulgaria was EU’s second-placed market in terms of new passenger car registrations in H1 2008, the European Automobile Manufacturers’ Association (ACEA) said in an official press release. link

Bulgarian Soft Drink Sales Up 11 Pct Y/Y H1 2008 Jul 22, 2008, 16:27 CET | Story | AII Data Processing Ltd Bulgaria’s soft drink consumption rose by 11 pct year-on-year in the first half of 2008, showed data by the Bulgarian Soft Drink Association. link

Bulgarian C-Bank To Sift through Non-Banking Sector Jul 22, 2008, 16:26 CET | Story | AII Data Processing Ltd Bulgaria’s some 400 non-banking lending and leasing companies will have to register with the central bank under proposed legislative changes announced on July 22, 2008. link

Bulgarian REIT Avance Terrafund To List Rights to Cap Hike Jul 22, 2008, 16:22 CET | Story | AII Data Processing Ltd The rights to participate in the capital hike of Bulgarian real estate investment trust (REIT) Advance Terrafund will trade on the local stock exchange from August 14 till 27, 2008, said the manager of the issue, local brokerage Karoll. link

Bulgarian Housing Market Settles Down – Realtors Jul 22, 2008, 16:19 CET | Story | AII Data Processing Ltd Bulgaria’s fast-paced housing market has slowed down its growth rate in the second half of 2008, local real estate agencies said. link

Bulgaria May Lose at Least 600 Mln Euro in EU Funding Jul 22, 2008, 16:16 CET | Story | AII Data Processing Ltd Bulgaria may fail to get over 600 million euros due to corruptive practices in handling EU pre-accession funds, which are seen to be revealed in the European Commission’s progress report, the Financial Times said. link

ECONOMIC OUTLOOK - UniCredit Expects ’Some Moderation’ in SEE Economic Growth on High C/A Imbalances, Inflationary Pressures Jul 22, 2008, 15:07 CET | Analysis | SeeNews SOFIA (Bulgaria), July 22 (SeeNews) - High current account imbalances, strong dependency of growth on external savings and strong inflationary pressure could cause "some moderation" in growth in southeast European economies, Italy’s UniCredit group said on Tuesday. link

Bulgaria’s Anti-trust Regulator Fines 26 Firms, Sector Association for Fixing Egg, Poultry Meat Prices Jul 22, 2008, 13:39 CET | Story | SeeNews SOFIA (Bulgaria), July 22 (SeeNews) – Bulgaria’s competition watchdog said on Tuesday it fined 26 local poultry firms and a poultry producers’ union a combined 293,000 levs ($238,600/149,800 euro) for fixing the prices of eggs and chicken meat. link

INTERVIEW – EFG Eurobank Bulgaria To Launch Insurance Products by Year’s End, To Further Expand Countrywide Jul 22, 2008, 13:33 CET | Interview | SeeNews SOFIA (Bulgaria), July 22 (SeeNews) - The Bulgarian unit of Greece’s EFG Eurobank Ergasias is going to launch insurance products by the end of the year as part of its expansion strategy but a detailed plan has yet to be drafted, its managers said. link

Bulgaria’s Erato Hldg Seeks Strategic Partner for 25 Mln Euro Heating Project Jul 22, 2008, 13:20 CET | Story | SeeNews SOFIA (Bulgaria), July 22 (SeeNews) - Bulgarian heating equipment producer Erato Holding is looking for a strategic partner for a project for an integrated solution for utilisation of biomass for heating worth up to 25 million euro ($39.8 million), it said on Tuesday. link

Turkey’s Dogus, Bulgaria’s Metrotrace To Build 6.4 Km of Sofia Underground Railway for 241.1 Mln Euro Jul 22, 2008, 13:12 CET | Story | SeeNews SOFIA (Bulgaria), July 22 (SeeNews) - Turkey’s Dogus Insaat and Bulgarian consortium Metrotrace have won a tender for the construction of 6.4 kilometres of the Sofia underground railway system with a combined price offer of 471.1 million levs ($383.8 million/241.1 million euro), the Sofia mayor said on Tuesday. link

CallPoint New Europe Plans SEE Expansion Jul 22, 2008, 12:16 CET | Story | SeeNews SOFIA (Bulgaria), July 22 (SeeNews) – CallPoint New Europe, a business process outsourcing company operating multi-lingual call centres in Sofia and Bucharest, seeks to expand staff nearly seven times and cover Southeast Europe in the long run, a company official said on Tuesday. link

Elana - BSE Highlights - July 22, 2008 Jul 22, 2008, 11:36 CET | Broker’s Report | SeeNews The index SOFIX advanced during the first half of the session on Tuesday. Several blue chips opened with hefty gains, although in thin volumes. Fertilizer producer Neochim (3NB) was 4.2% higher whereas Sparky Eltos returned above BGN 9.00. Sopharma (3JR) and Odesos (5ODE) also supported the main index. The small cap EMKA (57E) retreated 8% after the reported decline of sales and profits. The company is producing copper cables. Most stocks traded in their price spreads and the broader index BGTR30 added only 0.2%. link

Bulbrokers - USA Stock Markets Daily Review - July 22, 2008 Jul 22, 2008, 10:07 CET | Broker’s Report | SeeNews US Indices Stopped Their Rally link

Bulbrokers - Daily FX Analysis - July 22, 2008 Jul 22, 2008, 10:02 CET | Broker’s Report | SeeNews The dollar startеd of the new week with a decrease link

FFBH - Bulgaria Morning Update - July 22, 2008 Jul 22, 2008, 09:55 CET | Broker’s Report | SeeNews MARKET WRAP-UP link

Bulgarian Stock Exchange - Daily Bulletin, Selected Announcements - July 21, 2008 Jul 22, 2008, 09:42 CET | Specialists Reports | SeeNews Mashstroy AD-Troyan /4MO/ has submitted to X3 News the following information:The re-elected Board of Directors of the company has been registered with the Commercial Register according to certificate No 20080717144257/17.07.08.The entire notification is available on link

Elana - Bulgaria Daily Report - July 21, 2008 Jul 22, 2008, 09:26 CET | Broker’s Report | SeeNews Market Highlights link

Bulgarian National Bank - Reserve Template - June 8, 2008 Jul 22, 2008, 08:55 CET | State Agencies Reports | SeeNews The Bulgarian National Bank (BNB) has published its monthly report on template on international reserves and foreign currency liquidity as of June 8, 2008. link

Bulgarian National Bank - Weekly Balance Sheet of Issue Dept - July 18, 2008 Jul 22, 2008, 08:54 CET | State Agencies Reports | SeeNews The Bulgarian National Bank (BNB) has published the balance sheet of its issue department as of July 18, 2008. link

Bulgarian Stock Exchange - Daily Report - July 21, 2008 Jul 22, 2008, 08:51 CET | Specialists Reports | SeeNews The Bulgarian Stock exchange has published its report on turnover and prices for July 21, 2008. link

Bulgaria Schedule of Events - July 22 - Nov 25 Jul 22, 2008, 08:38 CET | Story | SeeNews SOFIA (Bulgaria), July 22 (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

* Croatia *

Croatian Bourse Retreats on Profit-Taking in Oil, Gas Firm INA Jul 22, 2008, 17:45 CET | Story | SeeNews ZAGREB (Croatia), July 22 (SeeNews) - Croatian share indices on Tuesday fell back on profit-taking in blue-chip oil and gas company INA, whose stock attracted 67% of the day’s total turnover, analysts said. link

Croatia’s IT Market Up 20% to $1.24 Bln in 2007, To Rise by Average Annual 10.3% in Medium Term – IDC Jul 22, 2008, 17:28 CET | Story | SeeNews ZAGREB (Croatia), July 22 (SeeNews) – Spending of hardware, software and information technology (IT) services in Croatia rose by some 20% to $1.24 billion last year, market intelligence and advisory company IDC Adriatics said on Tuesday. link

Croatia’s Zito To List 30 Mln Kuna (4.2 Mln Euro) Commercial Papers on Zagreb Bourse Jul 22, 2008, 15:32 CET | Story | SeeNews ZAGREB (Croatia), July 22 (SeeNews) – The Zagreb Stock Exchange will list commercial papers of agricultural company Zito worth 30 million kuna ($6.6 million/4.2 million euro) on Wednesday, the bourse said on Tuesday. link

ECONOMIC OUTLOOK - UniCredit Expects ’Some Moderation’ in SEE Economic Growth on High C/A Imbalances, Inflationary Pressures Jul 22, 2008, 15:07 CET | Analysis | SeeNews SOFIA (Bulgaria), July 22 (SeeNews) - High current account imbalances, strong dependency of growth on external savings and strong inflationary pressure could cause "some moderation" in growth in southeast European economies, Italy’s UniCredit group said on Tuesday. link

Croatia’s May Construction Works Volume Rises 6.5% Y/Y - Table Jul 22, 2008, 14:39 CET | Story | SeeNews ZAGREB (Croatia), July 22 (SeeNews) - The volume of construction works in Croatia rose by 6.5% year-on-year in May, the country’s State Statistics Bureau said on Tuesday. link

Croatia’s June Industrial Output Rises 7.2% Y/Y Jul 22, 2008, 14:10 CET | Story | SeeNews ZAGREB (Croatia), July 22 (SeeNews) - Croatia’s industrial output rose by 7.2% on the year in June after decreasing by an annual 2.1% in May, the State Statistics Bureau said on Tuesday. link

CROATIA’S JUNE INDUSTRIAL OUTPUT RISES 7.2% Y/Y AFTER FALLING 2.1% Y/Y IN MAY - STATS OFFICE Jul 22, 2008, 14:01 CET | Alert | SeeNews link

Croatia’s Kemokompleks Places Sole Bid for Plastics Maker Adriachem Jul 22, 2008, 13:33 CET | Story | SeeNews ZAGREB (Croatia), July 22 (SeeNews) - Zagreb-based trading company Kemokompleks placed the sole bid in a tender for debt-laden plastics maker Adriachem, the Croatian Privatisation Fund HFP said. link

Croatia Sells T-Bills Below Target, Yield Flat Jul 22, 2008, 13:13 CET | Story | SeeNews ZAGREB (Croatia), July 22 (SeeNews) - Croatia’s Finance Ministry on Tuesday sold 215 million kuna ($47 million/29.8 million euro) in one-year Treasury bills, below its target offer of 350 million kuna, as yields remained flat. link

Austria’s OMV Denies Takeover Intentions for Croatia’s INA, Will Monitor Possible Sale Jul 22, 2008, 12:20 CET | Story | SeeNews ZAGREB (Croatia), July 22 (SeeNews) – Austrian oil group OMV on Tuesday denied it intented to take over Croatian oil and gas company INA but said it will keep an eye on any sale of INA’s shares. link

Croatia’s May Avg Net Salary Up Nominal 2.7% M/M - Table Jul 22, 2008, 11:59 CET | Story | SeeNews ZAGREB (Croatia), July 22 (SeeNews) - The average net monthly salary in Croatia rose by a nominal 2.7% to 5,174 kuna ($1,141/717 euro) in May from 5,036 kuna a month earlier, the State Statistics Bureau said on Tuesday. link

Croatia’s June Jobless Rate Falls to 12.5% - Table Jul 22, 2008, 11:30 CET | Story | SeeNews ZAGREB (Croatia), July 22 (SeeNews) - Croatia’s June unemployment rate fell to 12.3% from 13.2% in May, the State Statistics Bureau said on Tuesday. link

Croatia’s End-April Foreign Debt Rises 15.55% Y/Y - RBA Jul 22, 2008, 11:28 CET | Story | SeeNews ZAGREB (Croatia), July 22 (SeeNews) - Croatia’s foreign debt rose to 34.62 billion euro ($55.1 billion) at the end of April, up by 15.55% on the year, commercial bank Raiffeisenbank Austria Zagreb (RBA) said on Tuesday. link

CROATIA’S JUNE JOBLESS RATE FALLS TO 12.5% FROM 13.2% IN MAY - STATS OFFICE Jul 22, 2008, 11:22 CET | Alert | SeeNews link

Erste Securities - Croatian Equity Daily - July 22, 2008 Jul 22, 2008, 09:53 CET | Broker’s Report | SeeNews Highlights: link

Croatia Schedule of Events – July 22 - Oct 14 Jul 22, 2008, 09:07 CET | Story | SeeNews ZAGREB (Croatia), July 22 (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

FIMA Stock Monitor - Daily Report - July 21, 2008 Jul 22, 2008, 08:53 CET | Broker’s Report | SeeNews Daily comment:Тhe beginning of the week brought further growth on Zagreb Stock Exchange, as popular benchmark rose 0,8% to closing 3.637,5 points. Index heavyweight popular telecom operator HT (HT-R-A) attracted investor’s attention today, soaring by 0,7% on HRK 9,4 m turnover. Despite payment of HRK 2,4 bn dividend (HRK 29,56 per share) the Company is still loaded with cash with some HRK 4 bn on its balance sheet. The company already announced that they are looking for ways to optimize their balance sheet and we are expecting one of the options stated above to take place. In our opinion, extraordinary dividend payout is the most probable solution due to the fact that company has a history of paying extraordinary dividends. Oil company Ina (INA-R-A) share remained unchanged at HRK 2.930 as there wasn’t any price trigger like seven days ago, when Ina’s strategic partner MOL announced it will give voluntary bid for 30,1% of shareholders equity. Electric engineering holdi ng company Koncar elektroindustrija (KOEI-RA) announced far improved Q2 results. Sales rose by 16,2% yoy to HRK 725,7 million driven with 28,1% higher foreign sales. Operating income rocketed from HRK 0,9 million up to HRK 8,8 million or 883,5% yoy, while EBIT margin increased by 110 basis points to 1,2% consequently. EBITDA amounted to HRK 26,0 million (+ 62,9% yoy) and EBITDA margin improved to 3,6% vs. Q2 2007 2,6%. Net financial result positively reflected on bottom line result, soaring by 158,6% to HRK 21,2 million. Net income amounted to HRK 21,0 million what represents 232,3 yoy increase. Q2 earnings per share is at HRK 8,2. Significantly improved profitability didn’t left investors impassive and KOEI share rose by 3,6% on 0,6 m HRK turnover. link

* Macedonia *

Yields Rise on Macedonian 91-day, 364-day T-bills Jul 22, 2008, 17:31 CET | Story | SeeNews SKOPJE (Macedonia), July 22 (SeeNews) - Yields on Macedonian three-month and one-year Treasury bills rose at an auction on Tuesday, central bank data showed. link

Macedonia’s RZ Ekonomika Turns to H1 Net Loss of 3.6 Mln Denars (58,507 Euro) - Table Jul 22, 2008, 15:18 CET | Story | SeeNews SKOPJE (Macedonia), July 22 (SeeNews) – Macedonian trading and accounting company RZ Ekonomika said on Tuesday it turned to first-half preliminary net loss of 3.607 million denars ($92,916/58,507 euro), from a 4.285 million denar profit a year earlier. link

Macedonia’s EMO Turns to H1 Net Profit of 609,000 Denars (9,846 Euro) - Table Jul 22, 2008, 14:25 CET | Story | SeeNews SKOPJE (Macedonia), July 22 (SeeNews) - Macedonia’s leading electronic equipment producer EMO Ohrid said on Tuesday it turned to a first-half consolidated net profit of 609,000 denars ($15,687/9,846 euro) from a loss of 51.166 million denars a year earlier. link

Macedonia Schedule of Events July 22-Nov 14 Jul 22, 2008, 10:50 CET | Story | SeeNews SKOPJE (Macedonia), July 22(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 - July 21, 2008 Jul 22, 2008, 08:52 CET | Specialists Reports | SeeNews The Macedonian Stock exchange has published its report on turnover and prices for July 21, 2008. link

* Moldova *

Moldova Sells 44 Mln Lei (2.8 Mln Euro) in T-Bills, Yields Mostly Up Jul 22, 2008, 15:17 CET | Story | SeeNews CHISINAU (Moldova), July 22 (SeeNews) - The Moldovan central bank, BNM, on Tuesday sold 44 million lei ($4.5 million/2.8 million euro) in three Treasury bill issues, slightly below its target offer of 45 million lei, as yields rose on two of the issues and remained unchanged on the third one. link

Moldova’s Investprivatbank H1 Net Profit Falls 80% Y/Y - Table Jul 22, 2008, 14:11 CET | Story | SeeNews CHISINAU (Moldova), July 22 (SeeNews) - The first-half net profit of Moldova’s Investprivatbank fell by 80% on the year to 692,796 lei ($71,000/44,500 euro), the bank said on Tuesday. link

Moldova’s H1 Freight Traffic Volume Rises 15% Y/Y - Table Jul 22, 2008, 11:10 CET | Story | SeeNews CHISINAU (Moldova), July 22 (SeeNews) - The volume of Moldova’s railway, road and air freight traffic in the first half of 2008 rose by 15% on the year to 8.8 million tonnes, the country’s statistics bureau said on Tuesday. link

Moldova’s H1 Industrial Output Rises Real 4.6% Y/Y - Table Jul 22, 2008, 11:06 CET | Story | SeeNews CHISINAU (Moldova), July 22 (SeeNews) - Moldova’s industrial output rose by a real 4.6% on the year in the first half of 2008, official figures showed on Tuesday. link

MOLDOVA’S H1 INDUSTRIAL OUTPUT RISES REAL 4.6% Y/Y - STATS OFFICE Jul 22, 2008, 10:54 CET | Alert | SeeNews link

* Montenegro *

New Securities Exchange of Montenegro - Daily Report - July 21, 2008 Jul 22, 2008, 08:53 CET | Specialists Reports | SeeNews The New Securities exchange of Montenegro (NEX) has published its daily report on trading volumes and prices for July 21, 2008. link

* Romania *

Romanian Leu Ends Weaker vs Euro as O/N Rates Fall Jul 22, 2008, 18:02 CET | Story | SeeNews BUCHAREST (Romania), July 22 (SeeNews) - The Romanian leu on Tuesday closed at around 3.5600/5660 per euro, weaker than 3.5460/5500 on Monday, amid falling overnight rates, dealers said. link

Romanian Aircraft Maker Aerostar’s H1 Net Profit Plunges Y/Y - Table Jul 22, 2008, 16:51 CET | Story | SeeNews BUCHAREST (Romania), July 22 (SeeNews) - The first-half net profit of Romania’s aircraft manufacturer Aerostar fell to 918,236 lei ($410,880/258,074 euro) from 2.64 million lei a year ago, despite a rise in turnover, the company said on Tuesday. link

Romanian Stocks Retreat Amid Global Falls Jul 22, 2008, 16:45 CET | Story | SeeNews BUCHAREST (Romania), July 22 (SeeNews) - The Romanian bourse closed lower on Tuesday after two days of moderate gains, as some U.S. companies reported weak financial results and prompted global falls, brokers said. link

Drilling at Romania Doina Well Kicks Off – Gas Plus Jul 22, 2008, 16:29 CET | Story | AII Data Processing Ltd Drilling has started at the Doina gas exploration well in Romania, in which Italian gas producer Gas Plus has a 15 pct interest, Italian news agency ANSA reported. link

Czech Zentiva H1 Net Sales in Romania Fall 33% Y/Y Jul 22, 2008, 16:23 CET | Story | SeeNews BUCHAREST (Romania), July 22 (SeeNews) - Czech drug maker Zentiva said on Tuesday its net sales in Romania fell by 33% on the year in the first six months of 2008. link

Seven Firms Buy Tender Documents for Romanian Helicopter Maker IAR - Privatisation Agency Jul 22, 2008, 15:29 CET | Story | SeeNews BUCHAREST (Romania), July 22 (SeeNews) - Three foreign and four Romanian companies acquired so far documents in the tender for the sale of Romania’s 64.89% stake in helicopter manufacturer IAR, the country’s privatisation agency AVAS said on Tuesday. link

ECONOMIC OUTLOOK - UniCredit Expects ’Some Moderation’ in SEE Economic Growth on High C/A Imbalances, Inflationary Pressures Jul 22, 2008, 15:07 CET | Analysis | SeeNews SOFIA (Bulgaria), July 22 (SeeNews) - High current account imbalances, strong dependency of growth on external savings and strong inflationary pressure could cause "some moderation" in growth in southeast European economies, Italy’s UniCredit group said on Tuesday. Russia-based Luxoft Acquires Romania’s ITC Networks for Undisclosed Sum Jul 22, 2008, 13:45 CET | Story | SeeNews BUCHAREST (Romania), July 22 (SeeNews) - Russia-based company Luxoft, global provider of high-end application and product development services, on Tuesday said it has acquired for an undisclosed sum ITC Networks, a Romanian outsourcing provider of software engineering services for the telecommunications industry. [link->http://seenews.com/news/latestnews/russia-basedluxoftacquiresromania___sitcnetworksforundisclosedsum-133359" class="spip_out">link

Romanian National Trade Register Office - Companies by Foreign Direct Investment - May 2008 Jul 22, 2008, 10:35 CET | State Agencies Reports | SeeNews The Romanian National Trade Register Office has published its monthly statistical report on companies by foreign direct investment for May 2008. link

Romanian National Bank - Developments on Romanian Financial Markets - July 14 - 18, 2008 Jul 22, 2008, 10:14 CET | State Agencies Reports | SeeNews The National Bank of Romania (BNR) has released its weekly report on the developments on the local financial markets for the week July 14 - 18, 2008. link

Vodafone Romania’s Customers Top 9.256 Mln at End-June Jul 22, 2008, 09:54 CET | Story | SeeNews BUCHAREST (Romania), July 22 (SeeNews) - British wireless giant Vodafone said on Tuesday the customer base of its Romanian arm has expanded by 335,000 to 9.256 million users in the fiscal quarter ending June 30 and its service revenue increased by 7.6% on the year. link

Ieba Trust - Romanian Market Daily - July 22, 2008 Jul 22, 2008, 09:46 CET | Broker’s Report | SeeNews BSE indices posted increases on the back of a low volume link

Raiffeisen Capital & Investment - Investment Daily Romania - July 22, 2008 Jul 22, 2008, 09:35 CET | Broker’s Report | SeeNews Watchlist link

Romania Schedule of Events - July 22 - Sept 26 Jul 22, 2008, 09:15 CET | Story | SeeNews BUCHAREST (Romania), July 22 (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

Ieba Trust - Romanian Market Weekly - July 14 - 18, 2008 Jul 22, 2008, 09:15 CET | Broker’s Report | SeeNews 1A. Bucharest Stock Exchange Indicators link

Bucharest Stock Exchange - Daily Report - Regulated Market - July 21, 2008 Jul 22, 2008, 08:50 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its report on trading volumes and prices on the regulated market for July 21, 2008. link

Bucharest Stock Exchange - Daily Report - RASDAQ Market - July 21, 2008 Jul 22, 2008, 08:50 CET | Specialists Reports | SeeNews Bucharest Stock exchange has published its RASDAQ daily market report for July 21, 2008. link

* Serbia *

Serbian Stock Market Rebounds, No Impact Seen from Karadzic’s Arrest Jul 22, 2008, 17:09 CET | Story | SeeNews BELGRADE (Serbia), July 22 (SeeNews) - The share indices of the Belgrade Stock Exchange (BELEX) rebounded on Tuesday in higher volumes with the arrest of war crimes indictee Radovan Karadzic having little impact on trading, if any, brokers said. link

ECONOMIC OUTLOOK - UniCredit Expects ’Some Moderation’ in SEE Economic Growth on High C/A Imbalances, Inflationary Pressures Jul 22, 2008, 15:07 CET | Analysis | SeeNews SOFIA (Bulgaria), July 22 (SeeNews) - High current account imbalances, strong dependency of growth on external savings and strong inflationary pressure could cause "some moderation" in growth in southeast European economies, Italy’s UniCredit group said on Tuesday. link

S&P Keeps Serbia’s Ratings Outlook Negative Despite War Crimes Indictee Karadzic’s Arrest Jul 22, 2008, 14:02 CET | Story | SeeNews BELGRADE (Serbia), July 22 (SeeNews) - Global rating agency Standard & Poor’s (S&P) on Tuesday said it will keep the negative outlook on Serbia’s sovereign rating despite the arrest of top war crimes indictee Radovan Karadzic as the country still faces fiscal policy uncertainty due to the appointment of a new government. link

S&P SAYS KEEPS SERBIA’S RATINGS OUTLOOK NEGATIVE DESPITE WAR CRIMES INDICTEE KARADZIC’S ARREST Jul 22, 2008, 13:16 CET | Alert | SeeNews link

UN, EU Hail Arrest of Bosnian Serb War Crimes Indictee Karadzic Jul 22, 2008, 11:58 CET | Story | SeeNews BELGRADE (Serbia), July 22 (SeeNews) – The United Nations and the European Union on Tuesday hailed Serbia’s arrest of Bosnian Serb wartime leader Radovan Karadzic charged by the U.N. war crimes tribunal with crimes against Muslims in Bosnia committed in the 1992-95 Bosnian war. link

Statistical Office of Serbia - Business Entities - Q2 2008 Jul 22, 2008, 11:43 CET | State Agencies Reports | SeeNews The Statistical Office of Serbia has published its quarterly report on business entities in the country as of June 30, 2008. link

Statistical Office of Serbia - Total Transport of Passengers and Goods - 2006, 2007 Jul 22, 2008, 11:31 CET | State Agencies Reports | SeeNews Notes along with data published link

Statistical Office of Serbia - Issued Building Permits - Preliminary Results - May 2008 Jul 22, 2008, 11:28 CET | State Agencies Reports | SeeNews (Without data for Kosovo, Metohia) link

Statistical Office of Serbia - Indices of Producers’ Prices of Products of Agriculture and Fishing - May 2008 Jul 22, 2008, 10:56 CET | State Agencies Reports | SeeNews The Statistical Office of Serbia has published its monthly report on the indices of producers’ prices of products of agriculture and fishing for May 2008. link

Statistical Office of Serbia - Indices of Export Producers’ Prices of Manufactured Products - June 2008 Jul 22, 2008, 10:49 CET | State Agencies Reports | SeeNews The Statistical Office of Serbia has published its monthly report on the indices of export producers’ prices of manufactured products for June 2008. link

Sinteza Investment Group - Daily Market Wrap Up - July 21, 2008 Jul 22, 2008, 09:57 CET | Broker’s Report | SeeNews Sinteza Investment Group has released its daily trading report for July 21, 2008. The report contains an overview of the Serbian Financial market. link

Vojvodjanska Banka - Daily Vobnews - July 22, 2008 Jul 22, 2008, 09:39 CET | Broker’s Report | SeeNews Vojvodjanska banka released its Daily Vobnews report for July 22, 2008 containing the following charts and tables: link

Serbia Schedule of Events - July 22 - Dec 30 Jul 22, 2008, 09:39 CET | Story | SeeNews BELGRADE (Serbia), July 22 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Serbia through December 30. New or amended entries are marked (*). link

Belgrade Stock Exchange - Daily Report - July 21, 2008 Jul 22, 2008, 08:49 CET | Specialists Reports | SeeNews The Belgrade Stock exchange has published its daily report on trading volumes and prices for July 21, 2008 link

Serbia Arrests Top War Crimes Fugitive Radovan Karadzic Jul 22, 2008, 08:27 CET | Story | SeeNews BELGRADE (Serbia), July 22 (SeeNews) - Serbian police arrested on Monday night the Bosnian Serb wartime leader Radovan Karadzic charged by the U.N. war crimes tribunal with crimes against Muslims in Bosnia committed in the 1992-1995 Bosnian war, the tribunal said early on Tuesday. link

* Slovenia *

Slovenian Stock Indices End Narrowly Mixed in Summer Lull Jul 22, 2008, 17:01 CET | Story | SeeNews LJUBLJANA (Slovenia), July 22 (SeeNews) - Slovenian stock indices ended narowlly mixed in listless summer dealing on Tuesday, and brokers said they expect uneventful trading to hold on until the autumn. link

ECONOMIC OUTLOOK - UniCredit Expects ’Some Moderation’ in SEE Economic Growth on High C/A Imbalances, Inflationary Pressures Jul 22, 2008, 15:07 CET | Analysis | SeeNews SOFIA (Bulgaria), July 22 (SeeNews) - High current account imbalances, strong dependency of growth on external savings and strong inflationary pressure could cause "some moderation" in growth in southeast European economies, Italy’s UniCredit group said on Tuesday. link

Slovenian Hardcopy Peripherals Market Seen Rising by Annual 1.3% over Next Five Years – IDC Jul 22, 2008, 14:23 CET | Story | SeeNews LJUBLJANA (Slovenia), July 22 (SeeNews) - The Slovenian hardcopy peripherals market is expected to expand at an average annual rate of 1.3% in shipments over the next five years, fueled by rising demand for mono and color laser multifunctional peripherals (MFPs), international IT research company International Data Corporation (IDC) said. link

Slovenia Sells 50 Mln Euro of T-bills, Yields Rise Jul 22, 2008, 13:47 CET | Story | SeeNews LJUBLJANA (Slovenia), July 22 (SeeNews) - Slovenia’s Finance Ministry said it sold on Tuesday three-month Treasury bills worth 50 million euro ($79.6) in par value as yields rose. link

Slovenia’s Abanka Vipa H1 Parent Net Profit Falls 2.3% Y/Y Jul 22, 2008, 12:08 CET | Story | SeeNews LJUBLJANA (Slovenia), July 22 (SeeNews) - Abanka Vipa, Slovenia’s third-largest bank by assets, on Tuesday reported a parent net profit of 21.427 million euro ($34Â million)Â in the first half of 2008, slightly down from 21.923 million euro a year earlier. link

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