Seenews: news report of 07.11.2008

Countries:

* Albania *

ANALYSIS – SEE Should Survive Global Financial Turmoil With Value-Added Projects, New Priorities – Industry Officials Nov 07, 2008, 17:29 CET | Analysis | SeeNews SOFIA (Bulgaria), November 7 (SeeNews) – Global financial turmoil heralds slower growth and an outflow of foreign capital for emerging southeast Europe (SEE) economies and means they must focus on more value-added projects and reshuffle priorities to make the region more attractive for business, industry officials say. link

Islamic Development Bank Lends Albania $13.35 Mln for Water Supply Project Nov 07, 2008, 16:05 CET | Story | SeeNews TIRANA (Albania), November 7 (SeeNews) - The Islamic Development bank lent $13.35 million (10.4 million euro) to Albania on Friday to finance a water supply project, Albania’s Finance Ministry said. link

DWM Petroleum To Invest at Least $25 Mln in up to 25 Yrs To Search for Oil, Gas in Albania Nov 07, 2008, 13:26 CET | Story | SeeNews TIRANA (Albania), November 7 (SeeNews) - DWM Petroleum, a wholly-owned subsidiary of Swiss-based Manas Petroleum, will invest at least $25 million (19.5 million euro) in up to 25 years in oil and gas research on two onshore fields in Albania, under a deal signed on Friday, Albania’s energy ministry said. link

* Bosnia *

ANALYSIS – SEE Should Survive Global Financial Turmoil With Value-Added Projects, New Priorities – Industry Officials Nov 07, 2008, 17:29 CET | Analysis | SeeNews SOFIA (Bulgaria), November 7 (SeeNews) – Global financial turmoil heralds slower growth and an outflow of foreign capital for emerging southeast Europe (SEE) economies and means they must focus on more value-added projects and reshuffle priorities to make the region more attractive for business, industry officials say. link

Federal Office of Statistics of Bosnia and Herzegovina - Home Trade - Sept 2008 Nov 07, 2008, 16:26 CET | State Agencies Reports | AII Data Processing Ltd HOME TRADE link

Federal Office of Statistics of Bosnia and Herzegovina - Construction - Sept 2008 Nov 07, 2008, 16:25 CET | State Agencies Reports | AII Data Processing Ltd Total value of completed construction projects in month September 2008 in relation to average value completed construction projects in 2007 rose for 50,8% while in relation to same month of 2007 rose by 15,4 %.In September 2008 the total value completed construction works amount 696.402.000 KM, of which 54,9 % related to building, and 45,1 % civil enginnering works.The realized efective hours in September 2008 was 1.998.748, Share was following: bildings 55,0 % and for civil engineering works 45,0 %.The number of workers in September 2008 was 12815 which of the buildings 55,6 % and on the civil engineering works 44,4 %. link

Federal Office of Statistics of Bosnia and Herzegovina - Postal, Courier and Telecommunication Services - Jan - Sept 2008 Nov 07, 2008, 16:12 CET | State Agencies Reports | AII Data Processing Ltd POSTAL, COURIER AND TELECOMMUNICATION SERVICES, September 2008 link

Federal Office of Statistics of Bosnia and Herzegovina - Production and Sale of Forestry Assortments - Sept 2008 Nov 07, 2008, 16:11 CET | State Agencies Reports | AII Data Processing Ltd PRODUCTION AND SALE OF FORESTRY ASSORTMENTS IN THE F B&H, SEPTEMBER 2008 link

Federal Office of Statistics of Bosnia and Herzegovina - Retail Trade - Sept 2008 Nov 07, 2008, 16:10 CET | State Agencies Reports | AII Data Processing Ltd HOME TRADERetail trade link

Bosnian Stock Indices End Week Mixed in Dull Trading Nov 07, 2008, 16:09 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), November 7 (SeeNews) - Bosnia’s Sarajevo indices ended the week mixed in uneventful trading, while the Banja Luka stocks fell slightly, a broker said on Friday. link

Saudi Fund To Offer $5.0 Mln in Loans to Bosnian Firms Via Local Bank BBI Nov 07, 2008, 14:44 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), November 7 (SeeNews) – The Saudi Fund for Development (SFD) will support Bosnian firms doing business with Saudi firms with a $5.0 million (3.9 million euro) credit line to be administered by Bosnia Bank International (BBI), the bank said. link

Bosnia Agrees 30 Mln Euro Kuwait Loan for Road Construction - Media Nov 07, 2008, 11:12 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), November 7 (SeeNews) – Bosnia has agreed a 30 million euro ($38.4 million) soft loan from the Kuwaiti Fund for Arab Economic Development (KFAED) to be used for road construction, a Bosnian daily reported on Friday. link

Bosnian Power Utility, Cable Maker Kapis TKT Sign 3.5 Mln Euro Supply Deal - Media Nov 07, 2008, 10:44 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), November 7 (SeeNews) - Bosnian cable and power line producer Kapis Tvornica Kablova Tomislavgrad (TKT) and the country’s biggest power utility, Elektroprivreda BiH, have signed a 6.9 million marka ($4.5 million/3.5 million euro) contract for the supply of 2,500 kilometres of power distribution cables, local media reported on Friday. link

Bosnia Schedule of Events – Nov 7 - Jan 9 Nov 07, 2008, 09:30 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), November 7 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Bosnia and Herzegovina through January 9. New or amended entries are marked (*). link

* Bulgaria *

ANALYSIS – SEE Should Survive Global Financial Turmoil With Value-Added Projects, New Priorities – Industry Officials Nov 07, 2008, 17:29 CET | Analysis | SeeNews SOFIA (Bulgaria), November 7 (SeeNews) – Global financial turmoil heralds slower growth and an outflow of foreign capital for emerging southeast Europe (SEE) economies and means they must focus on more value-added projects and reshuffle priorities to make the region more attractive for business, industry officials say. link

Bulbrokers - Daily FX Analysis - Nov 6, 2008 Nov 07, 2008, 17:17 CET | Broker’s Report | SeeNews The Dollar strong ahead of interest rate reduction in Eurozone and Eangland link

Bulbrokers - Stock Market Daily Review - Nov 6, 2008 Nov 07, 2008, 17:14 CET | Broker’s Report | SeeNews Moods On Wall Street Worsened After The Election Day link

Bulgarian Stock Exchange - Daily Bulletin, Selected Announcements - Nov 7, 2008 Nov 07, 2008, 16:55 CET | Specialists Reports | SeeNews Railway Infrastructure-Holding Company-Sofia /RA8/ announces that Mirena Nikolaeva Drumeva has been appointed an Investor Relations Director as from 15.09.2008.Contact details: Address: 1000 Sofia, 3 Moskovska St.Phone: (+359 2) 4215 879E-mail: mirena@roads.bg link

Bulgarian Stock Exchange - Daily Report - Nov 7, 2008 Nov 07, 2008, 16:55 CET | Specialists Reports | SeeNews The Bulgarian Stock Еxchange has published its report on turnover and prices for November 7, 2008. link

Bulgarian Stock Exchange - Daily Bulletin, Selected Announcements - Nov 6, 2008 Nov 07, 2008, 16:31 CET | Specialists Reports | SeeNews CB Bulgarian American Credit Bank AD-Sofia /5BN/ submitted the following information to X3 News:"At the request of Mr. Stoyan Dinchiiski and Mr. Frank Bauer the Supervisory Board and the Management Board of the Bulgarian-American Credit Bank AD (BACB AD) has made the following decisions regarding the composition of the Management Board an the representation of the Bank:1. Mr. Stoyan Dinchiiski is relieved as Executive Director and member of the Management Board of BACB AD;2. Mr. Frank Bauer is relieved as Executive Member of the Management Board (Executive Director), but Mr. Bauer continues to hold a position as a member of the Management Board of BACB AD.Upon BNB’s approval of the above changes in the composition of the Management Board, BACB AD will register the changes with the Commercial Registry."The entire notification is available in English on link link

Czech Business Services Provider Okin Group Enters Bulgaria, Plans Expansion to Romania, Serbia Nov 07, 2008, 16:26 CET | Story | SeeNews SOFIA (Bulgaria), November 7 (SeeNews) - Czech business services provider Okin Group has entered the Bulgarian market and plans to further expand to Romania and Serbia under its strategy to become a leader on the integrated facility management (IFM) market, the company said. link

Bulgarian Stocks End Mixed, Holding Roads Batters Blue-chip Index Nov 07, 2008, 16:21 CET | Story | SeeNews SOFIA (Bulgaria), November 7 (SeeNews) - Bulgarian stocks ended mixed in dull trading on Friday as falls in heavyweight Holding Roads dragged the blue-chip index down, brokers said. link

Karoll - Bulgarian Daily Newsletter - Nov 7, 2008 Nov 07, 2008, 16:08 CET | Broker’s Report | SeeNews Headlines link

Finland’s Comptel Corporation Opens Customer Service Centre in Bulgaria Nov 07, 2008, 15:47 CET | Story | SeeNews SOFIA (Bulgaria), November 7 (SeeNews) - Helsinki-based Comptel Corporation said on Friday it will open in Bulgaria’s capital Sofia a customer service center for the delivery and support of its software solutions as part of its expansion strategy in eastern Europe. link

Societe Generale’s Bulgarian Unit 9-Mo Net Profit Rises 43% Y/Y to 15.1 Mln Euro Nov 07, 2008, 15:16 CET | Story | SeeNews SOFIA (Bulgaria), November 7 (SeeNews) - Societe Generale Expressbank (SGEB), the Bulgarian unit of French banking group Societe Generale, said on Friday its nine-month net profit rose 43% on the year to 15.1 million euro ($19.3 million). link

Sofia-Based BH Air To Deliver Two Used Planes for Bulgarian Government’s Air Travel Service Nov 07, 2008, 14:37 CET | Story | SeeNews SOFIA (Bulgaria), November 7 (SeeNews) - Bulgaria’s Transport Ministry said on Friday it has picked Sofia-based BH Air to deliver two used aircraft for the government’s air travel service in a deal worth up to $80 million (62.5 million euro). link

Bulgarian National Bank - Deposits of Nonfinancial Corporations, Households and NPISHs by Type and Economic Activities - Q3 2008 Nov 07, 2008, 13:11 CET | State Agencies Reports | SeeNews The Bulgarian National Bank (BNB) has released its quarterly report on loans of nonfinancial corporations, households and non-profit institutions serving households (NPISHs) by type and economic activities for the third quarter of 2008. link

Bulgarian National Bank - Deposits of Nonfinancial Corporations, Households and NPISHs by Amount Categories and Economic Activities - Q3 2008 Nov 07, 2008, 13:09 CET | State Agencies Reports | SeeNews The Bulgarian National Bank (BNB) has released its quarterly report on deposits of nonfinancial corporations, households and non-profit institutions serving households (NPISHs) by amount categories for the third quarter of 2008. link

Bulgarian National Bank - Loans to Nonfinancial Corporations, Households and NPISHs by Amount Categories and Economic Activities - Q3 2008 Nov 07, 2008, 13:04 CET | State Agencies Reports | SeeNews The Bulgarian National Bank (BNB) has released its quarterly report on loans to nonfinancial corporations, households and Non-profit institutions serving households (NPISHs) by amount categories and economic activities for the third quarter of 2008. link

Bulgarian National Bank - Loans to Nonfinancial Corporations, Households and NPISHs by Type and Economic Activities - Q3 2008 Nov 07, 2008, 12:53 CET | State Agencies Reports | SeeNews The Bulgarian National Bank (BNB) has released its quarterly report on loans to nonfinancial corporations, households and Non-profit institutions serving households (NPISHs) by type and economic activities for the third quarter of 2008. link

Bulgaria To Pull Out Troops from Iraq at End-2008 - Media Nov 07, 2008, 11:44 CET | Story | SeeNews SOFIA (Bulgaria), November 7 (SeeNews) - Bulgaria will pull out its 155-strong force from Iraq at the end of the year, Sofia-based Dnevnik daily reported on Friday. link

Bulgarian National Bank - Monthly Balance Sheet of the Issue Department - Oct 2008 Nov 07, 2008, 11:39 CET | State Agencies Reports | SeeNews The Issue department of the Bulgarian National Bank (BNB) has published its monthly balance sheet for October 2008. link

Bulgaria To Auction 35 Mln Levs in 10-Yr T-Notes on Monday Nov 07, 2008, 11:27 CET | Story | SeeNews SOFIA (Bulgaria), November 7 (SeeNews) - Bulgaria’s central bank will auction on Monday 35 million levs ($22.9 million/17.9 million euro) in 10-year fixed-rate Treasury notes, which dealers expect to yield an average of 8.5% to 8.75%. link

EU Farm Chief To Propose Extension of Pre-Accession Aid Programme for Bulgaria Nov 07, 2008, 11:07 CET | Story | SeeNews SOFIA (Bulgaria), November 7 (SeeNews) - The European Union’s agriculture chief will propose to extend the pre-accession SAPARD farm aid programme for Bulgaria by a year until the end of 2009, the government in Sofia said. link

Bulgarian National Bank - Long-term Interest Rate for Convergence Assesment Purposes - Oct 2008 Nov 07, 2008, 10:57 CET | State Agencies Reports | SeeNews The Bulgarian National Bank (BNB) has published its monthly report on long-term interest rate for convergence assesment purposes for October 2008. link

FFBH - Bulgaria Morning Update - Nov 7, 2008 Nov 07, 2008, 10:33 CET | Broker’s Report | SeeNews MARKET WRAP-UP link

Bulgaria Schedule of Events - Nov 7 - Nov 28 Nov 07, 2008, 09:50 CET | Story | SeeNews SOFIA (Bulgaria), November 7 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Bulgaria through November 28. New or amended entries are marked (*). link

Bulgarian Stock Exchange - Daily Report - Nov 6, 2008 Nov 07, 2008, 07:52 CET | Specialists Reports | SeeNews The Bulgarian Stock Еxchange has published its report on turnover and prices for November 6, 2008. link

Karoll - Bulgarian Daily Newsletter - Nov 6, 2008 Nov 07, 2008, 07:32 CET | Broker’s Report | SeeNews Headlines link

* Croatia *

Croatia’s Economic Growth, Inflation To Slow Down Next Year, C/A Deficit To Fall – C-Bank Nov 07, 2008, 18:10 CET | Story | SeeNews ZAGREB (Croatia), November 7 (SeeNews) – Croatia’s economic growth and inflation will slow down next year and its current account gap will narrow due to the global financial crisis, central bank governor Zeljko Rohatinski said on Friday. link

Croatian Share Indices Sink Further in Low Liquidity on Dull Market Nov 07, 2008, 18:05 CET | Story | SeeNews ZAGREB (Croatia), November 7 (SeeNews) - The equity indices of the Zagreb Stock Exchange (ZSE) fell on Friday for a third day running, as liquidity dwindled on a lethargic market, an analyst said. link

ANALYSIS – SEE Should Survive Global Financial Turmoil With Value-Added Projects, New Priorities – Industry Officials Nov 07, 2008, 17:29 CET | Analysis | SeeNews SOFIA (Bulgaria), November 7 (SeeNews) – Global financial turmoil heralds slower growth and an outflow of foreign capital for emerging southeast Europe (SEE) economies and means they must focus on more value-added projects and reshuffle priorities to make the region more attractive for business, industry officials say. link

Croatia’s Oct Jobless Numbers Rise 2.8% M/M - Table Nov 07, 2008, 14:51 CET | Story | SeeNews ZAGREB (Croatia), November 7 (SeeNews) - The number of unemployed in Croatia in October rose by 2.8% month-on-month to 228,501, the Croatian Employment Service said on Friday. link

Croatia’s October Industrial PPI Down 1.1% M/M, Up 8.8% Y/Y - Table Nov 07, 2008, 12:36 CET | Story | SeeNews ZAGREB (Croatia), November 7 (SeeNews) - Croatia’s October producer price index (PPI) of industrial goods fell 1.1% on the month and was 8.8% higher than a year earlier, the State Statistics Office said on Friday. link

CROATIA’S OCT PPI -1.1% M/M, +8.8 Y/Y VS -0.1% M/M, +10.3% Y/Y IN SEPT- STATS OFFICE Nov 07, 2008, 12:25 CET | Alert | SeeNews link

Croatian Drug Maker Pliva Turns to 9-Mo Net Loss of 107 Mln Kuna (15 Mln Euro) – Table Nov 07, 2008, 10:55 CET | Story | SeeNews ZAGREB (Croatia), November 7 (SeeNews) – Croatian drug maker Pliva, a subsidiary of U.S. Barr Pharmaceuticals, reported on Friday a net loss of 107 million kuna ($19 million/15 million euro) for the first nine months of 2008 versus a net profit of 842.4 million kuna a year earlier. link

Erste Securities - Croatian Equity Daily - Nov 7, 2008 Nov 07, 2008, 09:27 CET | Broker’s Report | AII Data Processing Ltd Highlights: link

Croatia Schedule of Events - Nov 7 - Dec 16 Nov 07, 2008, 09:00 CET | Story | SeeNews ZAGREB (Croatia), November 7 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Croatia through December 16. New or amended entries are marked (*). link

FIMA Stock Monitor - Daily Report - Nov 6, 2008 Nov 07, 2008, 07:30 CET | Broker’s Report | AII Data Processing Ltd Daily comment: link

* Macedonia *

Macedonian Fixed-Line Carrier Makedonski Telekom To Roll Out Internet Protocol TV Service Nov 07, 2008, 18:23 CET | Story | SeeNews SKOPJE (Macedonia), November 7 (SeeNews) – Magyar Telekom’s Macedonian fixed-line unit, Makedonski Telekom AD (MakTel), said on Friday it will launch an Internet Protocol Television (IPTV) service later this month. link

Macedonian Stock Exchange - Daily Report - Nov 7, 2008 Nov 07, 2008, 16:56 CET | Specialists Reports | SeeNews Тhe Macedonian Stock exchange has published its daily report on turnover and prices for November 7, 2008. link

Macedonian Stock Indices Recover Slightly, Liquidity Low – Table Nov 07, 2008, 16:13 CET | Story | SeeNews SKOPJE (Macedonia), November 7 (SeeNews) - The indices of the Macedonian Stock Exchange (MSE) recovered slightly this week in low liquidity, a broker said on Friday. link

Macedonia Schedule of Events - Nov 7 - Nov 27 Nov 07, 2008, 09:22 CET | Story | SeeNews SKOPJE (Macedonia), November 7 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Macedonia through November 27. New or amended entries are marked (*) link

Macedonian Stock Exchange - Daily Report - Nov 6, 2008 Nov 07, 2008, 07:39 CET | Specialists Reports | SeeNews Тhe Macedonian Stock exchange has published its daily report on turnover and prices for November 6, 2008. link

* Moldova *

Moldova Stock Exchange - Daily Report - Nov 7, 2008 Nov 07, 2008, 16:55 CET | Specialists Reports | SeeNews The Moldova Stock exchange has published its daily report on trading volumes and prices for November 7, 2008. link

Moldovan Govt Sells Its Stakes in Six Companies for 301,000 Euro Nov 07, 2008, 15:48 CET | Story | SeeNews CHISINAU (Moldova), November 7 (SeeNews) - Moldova has reaped 4.0 million lei ($385,200/301,000 euro) from the sale of state-owned stakes in six companies on the Moldovan Stock Exchange (BVM), the bourse said on Friday. link

Moldova’s FX Reserves Fall to $1.63 Bln in Week Ended Oct 31 Nov 07, 2008, 15:33 CET | Story | SeeNews CHISINAU (Moldova), November 7 (SeeNews) - Moldova’s foreign exchange reserves fell to $1.63 billion (1.3 billion euro) in the week ended October 31 from $1.65 billion a week earlier, the country’s central bank, BNM, said on Friday. link

Individual Investor Offers 46 Mln Lei (3.5 Mln Euro) For 53% of Moldova’s Universalbank Nov 07, 2008, 12:33 CET | Story | SeeNews CHISINAU (Moldova), November 7 (SeeNews) – Individual investor Gherman Gorbuntov has offered to pay 46 million lei ($4.4 million/3.5 million euro) for a 53% stake in Moldova’s Universalbank, the Moldovan Securities Commission, CNPF, said on Friday. link

Moldova’s Jan-Sept Trade Deficit Widens 53.6% Y/Y to $2.469 Bln - Table Nov 07, 2008, 10:24 CET | Story | SeeNews CHISINAU (Moldova), November 7 (SeeNews) - Moldova’s trade deficit widened by 53.6% on the year to $2.469 billion (1.9 billion euro) in January to September, as imports rose faster than exports, the country’s statistics bureau said on Friday. link

MOLDOVA’S 9-MO TRADE DEFICIT WIDENS 53.6% Y/Y TO $2.469 BLN - STATS OFFICE Nov 07, 2008, 10:14 CET | Alert | SeeNews link

Moldova Schedule of Events - Nov 7 - Jan 2 Nov 07, 2008, 09:22 CET | Story | SeeNews CHISINAU (Moldova), November 7 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Moldova through January 2. New or amended entries are marked (*). link

Moldova Stock Exchange - Daily Report - Nov 6, 2008 Nov 07, 2008, 08:00 CET | Specialists Reports | SeeNews The Moldova Stock exchange has published its daily report on trading volumes and prices for November 6, 2008. link

* Montenegro *

INTERVIEW – Montenegro Seeks Partners for 430 Mln Euro Hydropower Plant Project Nov 07, 2008, 15:19 CET | Interview | SeeNews SOFIA (Bulgaria), November 7 (SeeNews) – Montenegro is seeking a strategic partner for the construction of four hydropower plants in a project worth 430 million euro ($551 million) which will help the country cut its energy deficit, a Montenegrin government official said. link

Montenegro Schedule of Events – Nov 7 – Nov 13 Nov 07, 2008, 09:54 CET | Story | SeeNews PODGORICA (Montenegro), November 7 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Montenegro through November 13. New or amended entries are marked (*). link

New Securities Exchange of Montenegro - Daily Report - Nov 6, 2008 Nov 07, 2008, 07:35 CET | Specialists Reports | SeeNews The New Securities exchange of Montenegro (NEX) has published its daily report on trading volumes and prices for November 6, 2008. link

* Romania *

Slovakia’s SkyEurope, Italy’s MyAir Join Forces To Share Services Nov 07, 2008, 17:30 CET | Story | SeeNews BUCHAREST (Romania), November 7 (SeeNews) - Slovakia-based low-cost air carrier SkyEurope and Italian peer MyAir’s owner Flyholding said on Friday they have signed an agreement to sell each other’s products and use each other’s aircraft and airport facilities. link

ANALYSIS – SEE Should Survive Global Financial Turmoil With Value-Added Projects, New Priorities – Industry Officials Nov 07, 2008, 17:29 CET | Analysis | SeeNews SOFIA (Bulgaria), November 7 (SeeNews) – Global financial turmoil heralds slower growth and an outflow of foreign capital for emerging southeast Europe (SEE) economies and means they must focus on more value-added projects and reshuffle priorities to make the region more attractive for business, industry officials say. link

Bucharest Stock Exchange - Daily Report - RASDAQ Market - Nov 7, 2008 Nov 07, 2008, 17:10 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its daily RASDAQ market report for November 6, 2008. link

Bucharest Stock Exchange - Daily Report - Regulated Market - Nov 7, 2008 Nov 07, 2008, 16:56 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its report on trading volumes and prices on the regulated market for November 7, 2008. link

Romanian Stock Indices Rise Further, Blue-chip Petrom Dominates Nov 07, 2008, 16:53 CET | Story | SeeNews BUCHAREST (Romania), November 7 (SeeNews) - The Romanian share indices extended gains on Friday in double turnover, dominated by blue-chip oil and gas group Petrom, brokers said. link

Romanian Leu Closes Tad Weaker vs Euro Nov 07, 2008, 16:33 CET | Story | SeeNews BUCHAREST (Romania), November 7 (SeeNews) - The Romanian leu on Friday closed at 3.7220/7280 per euro, a bit weaker than 3.6980/7210 on Thursday, in low trading volumes and calm trade, dealers said. link

Romania’s President Basescu Sees Country’s GDP Growing 4.0%-4.5% in 2009 Nov 07, 2008, 14:24 CET | Story | SeeNews BUCHAREST (Romania), November 7 (SeeNews) - Romania’s President Traian Basescu on Friday said the country’s economy will continue to grow next year despite the negative effects of the global financial crisis, projecting a gross domestic product (GDP) expansion of 4.0% to 4.5%. link

STOCKWATCH - RCB Confirms ’Buy’ Recommendation on Romania’s Petrom Nov 07, 2008, 10:50 CET | Analysis | SeeNews BUCHAREST (Romania), November 7 (SeeNews) - Austria’s Raiffeisen Centrobank (RCB) said it confirmed its ’Buy’ recommendation on Romanian oil and gas integrated company Petrom, following the release of its third-quarter and nine-month financial results. link

Romania Schedule of Events - Nov 7 - Jan 6 Nov 07, 2008, 10:05 CET | Story | SeeNews BUCHAREST (Romania), November 7 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Romania through January 6. New or amended entries are marked (*). link

Romania’s Impact Developer & Contractor 9-mo Net Profit Rises 13% - Table Nov 07, 2008, 09:40 CET | Story | SeeNews BUCHAREST (Romania), November 7 (SeeNews) - Romanian real estate company Impact Developer & Contractor reported a nine-month net profit of 16.85 million lei ($5.8 million/4.5 million euro), 13% higher than a year earlier. link

Ieba Trust - Romanian Market Daily - Nov 6, 2008 Nov 07, 2008, 09:37 CET | Broker’s Report | SeeNews BSE indices posted daily marginal gains link

ROMANIA’S IMPACT DEVELOPER & CONTRACTOR SAYS 9-MO NET PROFIT RISES TO 16.85 MLN LEI (4.5 MLN EURO) FROM 14.9 MLN LEI YR AGO Nov 07, 2008, 09:20 CET | Alert | SeeNews link

Fitch Affirms ProCredit Bank Romania at ’BB+’; Outlook Stable Nov 07, 2008, 09:20 CET | Story | SeeNews BUCHAREST (Romania), November 7 (SeeNews) - Fitch Ratings said it has affirmed ProCredit Bank Romania’s (PCBR) ratings at long-term foreign and local currency Issuer Default (IDR) ’BB+’, short-term foreign and local currency IDR ’B’, individual ’D’ and support ’3’. link

Raiffeisen Capital & Investment - Investment Daily Romania - Nov 7, 2008 Nov 07, 2008, 09:02 CET | Broker’s Report | SeeNews In the news link

Romania’s SIF 3 Transilvania 9-mo Net Profit Falls 30% - Table Nov 07, 2008, 09:00 CET | Story | SeeNews BUCHAREST (Romania), November 7 (SeeNews) - SIF 3 Transilvania, one of Romania’s five regional investment funds, reported on Friday a nine-month net profit of 72.64 million lei ($24.9 million/19.50 million euro), compared to 104.24 million lei a year earlier. link

ROMANIA’S SIF 3 TRANSILVANIA SAYS 9-MO NET PROFIT FALLS TO 72.64 MLN LEI (19.50 MLN EURO) FROM 104.24 MLN LEI YR AGO Nov 07, 2008, 08:58 CET | Alert | SeeNews link

Bucharest Stock Exchange - Daily Report - RASDAQ Market - Nov 6, 2008 Nov 07, 2008, 07:51 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its daily RASDAQ market report for November 6, 2008. link

Bucharest Stock Exchange - Daily Report - Regulated Market - Nov 6, 2008 Nov 07, 2008, 07:41 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its report on trading volumes and prices on the regulated market for November 6, 2008. link

* Serbia *

Belgrade Bourse Indices End Mostly Down in Listless Trading Nov 07, 2008, 17:50 CET | Story | SeeNews BELGRADE (Serbia), November 7 (SeeNews) - The Belgrade share indices ended mostly down in thin volumes on Friday due to lack of fresh capital, brokers said. link

ANALYSIS – SEE Should Survive Global Financial Turmoil With Value-Added Projects, New Priorities – Industry Officials Nov 07, 2008, 17:29 CET | Analysis | SeeNews SOFIA (Bulgaria), November 7 (SeeNews) – Global financial turmoil heralds slower growth and an outflow of foreign capital for emerging southeast Europe (SEE) economies and means they must focus on more value-added projects and reshuffle priorities to make the region more attractive for business, industry officials say. link

Serbia’s C-bank Says Sells 12 Mln Euro To Back Dinar Nov 07, 2008, 17:15 CET | Story | SeeNews BELGRADE (Serbia), November 7 (SeeNews) – Serbia’s central bank, NBS, on Friday said it sold 12 million euro ($15.4 million) on the local foreign exchange market in the third effort this week to slow the weakening of the dinar currency. link

Belgrade Stock Exchange - Daily Report - Nov 7, 2008 Nov 07, 2008, 16:56 CET | Specialists Reports | SeeNews The Belgrade Stock exchange has published its daily report on trading volumes and prices for November 7, 2008. link

IMF Advises Serbia to Scrap Pension Hike or Freeze Salaries - Media Nov 07, 2008, 16:52 CET | Story | SeeNews BELGRADE (Serbia), November 7 (SeeNews) – The International Monetary Fund (IMF) mission to Serbia has advised the government to either scrap its announced 10% pension hike or freeze salaries in the public sector, local news agency Beta reported on Friday. link

Kosovo Starts Construction of 24.4 Mln Euro Power Substation Nov 07, 2008, 14:02 CET | Story | SeeNews PRISTINA, November 7 (SeeNews) - Kosovo started on Friday the construction of a 400/110 kilovolt (kV) power substation worth 24.4 million euro ($30.7 million), the German embassy in Kosovo said. link

Consortium of Serbia’s MK Group, Austrian Tourism Group Buys Hotels in Serbian Ski Resort Nov 07, 2008, 13:51 CET | Story | SeeNews BELGRADE (Serbia), November 7 (SeeNews) – A consortium of Serbian agricultural company MK Group and Austria’s Falkensteiner Michaeler Tourism Group has bought hotels and apartments from Serbia’s bankrupt company Genex in the Kopaonik ski resort, the government’s Privatisation Agency said on Friday. link

Sale of Serbia’s Aircraft Maintenance Company JAT Tehnika Fails To Attract Bidders Nov 07, 2008, 12:49 CET | Story | SeeNews BELGRADE (Serbia), November 7 (SeeNews) – No buyer has placed a bid in the tender for the sale of 70% of Serbian aircraft maintenance company JAT Tehnika, the country’s Privatisation Agency said. link

Tender for Serbia’s Flag Carrier JAT Airways Fails Nov 07, 2008, 12:21 CET | Story | SeeNews BELGRADE (Serbia), November 7 (SeeNews) – A tender for the sale of 51% of Serbia’s flag carrier JAT Airways failed as no candidates filed bids by the deadline that expired in late October, the country’s Privatisation Agency said. link

Serbia Schedule of Events – Nov 7- Dec 30 Nov 07, 2008, 09:54 CET | Story | SeeNews BELGRADE (Serbia), November 7 (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

Vojvodjanska Banka - Daily Vobnews - Nov 7, 2008 Nov 07, 2008, 09:02 CET | Broker’s Report | AII Data Processing Ltd Serbia’s Vojvodjanska banka released its Daily Vobnews report for November 7, 2008. link

Belgrade Stock Exchange - Daily Report - Nov 6, 2008 Nov 07, 2008, 07:34 CET | Specialists Reports | SeeNews The Belgrade Stock exchange has published its daily report on trading volumes and prices for November 6, 2008. link

* Slovenia *

ANALYSIS – SEE Should Survive Global Financial Turmoil With Value-Added Projects, New Priorities – Industry Officials Nov 07, 2008, 17:29 CET | Analysis | SeeNews SOFIA (Bulgaria), November 7 (SeeNews) – Global financial turmoil heralds slower growth and an outflow of foreign capital for emerging southeast Europe (SEE) economies and means they must focus on more value-added projects and reshuffle priorities to make the region more attractive for business, industry officials say. link

Slovenian Stock Indices Fall Further in Uneventful Trading Nov 07, 2008, 17:03 CET | Story | SeeNews LJUBLJANA (Slovenia), November 7 (SeeNews) - The Slovenian stock indices fell for a second day running on Friday in uneventful trading with brokers predicting the market calm to continue next week. link

Slovenia’s Zavarovalnica Triglav Says 9-mo Group Gross Premium Income in Line, To Meet 2008 Target Nov 07, 2008, 16:30 CET | Story | SeeNews LJUBLJANA (Slovenia), November 7 (SeeNews) - Slovenia’s largest insurer, Zavarovalnica Triglav, said on Friday its nine-month group gross premium income is in line with earlier forecasts, keeping it on track to meet its 2008 group premium income target of 1.0 billion euro ($1.3 billion). link

Majority Shareholder of Slovenian Auxiliary Medical Supplies Producer Tosama Plans Squeeze Out Nov 07, 2008, 16:01 CET | Story | SeeNews LJUBLJANA (Slovenia), November 7 (SeeNews) - Slovenian company Sana Investicije, the majority shareholder of local producer of auxiliary medical supplies and hygienic items Tosama, plans a squeeze out, Tosama said on Friday. link

INTERVIEW - Slovenia Sees Reduced Rise in 2009 Tourism Revenue As Global Crisis Crimps Holiday Spending Nov 07, 2008, 15:43 CET | Interview | SeeNews SOFIA (Bulgaria), November 7 (SeeNews) - Tiny Slovenia, offering ski, spa and sea holidays, expects to raise tourism revenue by 7.0% next year, down from a projected 10% rise in 2008, as its traditional markets are hit by the global financial crisis and it is looking for new markets, the Slovenian Tourist Board head said. link

Slovenian Drug Maker Krka Acquires Vienna-based Alternova Arzneimittel for 1.3 Mln Euro Nov 07, 2008, 14:40 CET | Story | SeeNews LJUBLJANA (Slovenia), November 7 (SeeNews) - Slovenian drug maker Krka has acquired 100% of Vienna-based generic drugs supplier Alternova Arzneimittel, part of Denmark’s Paranova Group, for 1.3 million euro ($1.7 million) in order to complement its organic growth, Krka said on Friday. link

Slovenia Halts Sale Procedure for 49.13% of Telekom Slovenije – Econ Min Nov 07, 2008, 14:13 CET | Story | SeeNews LJUBLJANA (Slovenia), November 7 (SeeNews) - Slovenia has halted the procedure for the sale of 49.13% of blue chip Telekom Slovenije, the Economy Ministry said on Friday. link

SLOVENIA STOPS PROCEDURE FOR SALE OF 49.13% OF TELEKOM SLOVENIJE - ECON MIN Nov 07, 2008, 13:51 CET | Alert | SeeNews link

Slovenia’s Sava 9-mo Group Net Profit Falls to 29.7 Mln Euro - Table Nov 07, 2008, 11:29 CET | Story | SeeNews LJUBLJANA (Slovenia), November 7 (SeeNews) - Slovenian rubber-to-tourism holding company Sava on Friday reported a group net profit of 29.7 million euro ($38 million) in the first nine months of 2008, down from 33.9 million euro in the year-ago period. link

SLOVENIAN RUBBER-TO-TOURISM GROUP SAVA SAYS 9-MO GROUP NET PROFIT FALLS TO 29.7 MLN EURO FROM 33.9 MLN EURO YR-AGO Nov 07, 2008, 11:02 CET | Alert | SeeNews link

Slovenia’s Jan - Sept Trade Gap Widens to 2.28 Bln Euro - Table Nov 07, 2008, 10:51 CET | Story | SeeNews LJUBLJANA (Slovenia), November 7 (SeeNews) - Slovenia’s trade deficit through September widened to a preliminary 2.28 billion euro ($2.9 billion) from 1.32 billion euro a year earlier, provisional figures from the country’s Statistics Office indicated on Friday. link

SLOVENIA’S JAN-SEPT TRADE GAP WIDENS TO 2.28 BLN EURO FROM 1.32 BLN EURO YR-AGO - STATS OFFICE Nov 07, 2008, 10:39 CET | Alert | SeeNews link

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