Seenews: news report of 27.10.2008

Countries:

* Albania *

Albania To Auction 4.0 Bln Leks (33.5 Mln Euro) in 5-Yr T-notes on Nov 6 Oct 27, 2008, 13:19 CET | Story | SeeNews TIRANA (Albania), October 27 (SeeNews) - Albania’s central bank will auction 4.0 billion leks ($41.6 million/33.5 million euro) worth of five-year Treasury notes on November 6, the Finance Ministry said on Monday. link

Albania Turns to 8.45 Bln Leks (71 Mln Euro) 9-mo Budget Deficit Oct 27, 2008, 13:07 CET | Story | SeeNews TIRANA (Albania), October 27 (SeeNews) - Albania turned to a consolidated budget deficit of 8.45 billion leks ($87.85 million/70.76 million euro) for the first nine months of 2008 from a budget surplus of 10.32 billion leks a year ago, Finance Ministry data indicated on Monday. link

ALBANIA TURNS TO 8.45 BLN LEKS (71 MLN EURO) 9-MO BUDGET GAP VS 10.32 BLN LEKS SURPLUS YR-AGO - FINMIN Oct 27, 2008, 13:03 CET | Alert | SeeNews link

EBRD Mulls Lending 32.5 Mln Euro to Albania’s Tirana East Gate To Build Shopping Mall Oct 27, 2008, 11:37 CET | Story | SeeNews TIRANA (Albania), October 27 (SeeNews) - The European Bank for Reconstruction and Development (EBRD) is considering lending 32.5 million euro ($40.35 million) to Albania’s real estate company Tirana East Gate for the construction of a shopping mall near the capital Tirana, EBRD said. link

* Bosnia *

Bosnian Wholesaler Trznica’s Jan-Sept Net Profit Falls 39% Y/Y - Table Oct 27, 2008, 14:39 CET | Story | SeeNews BANJA LUKA (Bosnia and Herzegovina), October 27 (SeeNews) - The nine-month net profit of Trznica Banja Luka, a Bosnian wholesaler and operator of outdoor markets, fell 39% on the year to 2.24 million marka ($1.46 million/1.15 million euro), as costs grew faster than revenue, figures showed on Monday. link

Bosnian Steel Foundry Jelsingrad Jan-Sept Loss Edges Up 0.7% Y/Y to 195,000 Euro - Table Oct 27, 2008, 14:08 CET | Story | SeeNews BANJA LUKA (Bosnia and Herzegovina), October 27 (SeeNews) - Bosnian steel foundry Jelsingrad, owned by Slovenian metal castings producer Livar, said on Monday it has slightly extended its loss to some 382,000 marka ($249,000/195,000 euro) in the nine months of 2008 from 379,000 marka a year earlier. link

Bosnia Banks End-Sept Loan Portfolio Rises 1.5% M/M to 7.349 Bln Euro - Table Oct 27, 2008, 12:16 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), October 27 (SeeNews) - The loan portfolio of commercial banks operating in Bosnia rose to 14.374 billion marka ($9.384 billion/7.349 billion euro) at the end of September from 14.159 billion marka a month earlier, central bank figures showed on Monday. link

Bosnia Banks End-Sept Deposit Portfolio Rises 1.1% M/M to 6.651 Bln Euro - Table Oct 27, 2008, 12:08 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), October 27 (SeeNews) - The deposit portfolio of commercial banks operating in Bosnia rose to 13.008 billion marka ($8.493 billion/6.651 billion euro) at the end of September from 12.861 billion marka a month earlier, central bank figures showed on Monday. link

Bosnia Commercial Banks’ End-Sept Total Assets Up 1.2% M/M - Table Oct 27, 2008, 11:38 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), October 27 (SeeNews) - The total assets of Bosnia’s commercial banks rose to 21.340 billion marka ($13.932 billion/10.911 billion euro) at the end of September from 21.078 billion marka a month earlier, central bank figures showed on Monday. link

Bosnia’s End-Sept M1 Money Supply Down 0.7% M/M to 3.169 Bln Euro - Table Oct 27, 2008, 11:18 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), October 27 (SeeNews) - Bosnia’s narrow money, M1, which includes cash in circulation and demand deposits, fell to 6.198 billion marka ($4.046 billion/3.169 billion euro) at the end of September from 6.242 billion marka a month earlier, central bank figures showed on Monday. link

Bosnia C-bank End-Sept Foreign Reserves Rise 0.4% M/M to 3.494 Bln Euro - Table Oct 27, 2008, 11:11 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), October 27 (SeeNews) - The gross foreign reserves of Bosnia’s central bank, CBBH, totalled 6.834 billion marka ($4.462 billion/3.494 billion euro) at the end of September, up by 0.4% from a month earlier, central bank data showed on Monday. link

Bosnia Schedule of Events - Oct 27 - Jan 9 Oct 27, 2008, 09:46 CET | Story | SeeNews SARAJEVO (Bosnia and Herzegovina), October 27 (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 *

Bulgaria’s Steel Mill Kremikovtzi To Shut Down Its Blast Furnaces Oct 27, 2008, 18:46 CET | Story | SeeNews SOFIA (Bulgaria), October 27 (SeeNews) - Bulgaria’s insolvent steel mill Kremikovtzi on Monday started shutting down its blast furnaces due to lack of raw materials and in order to avoid an emergency situation. link

Bulgarian Car Battery Maker MonBat Misses Q3, 9-mo Sale, Profit Targets on Low Lead Prices Oct 27, 2008, 17:06 CET | Story | SeeNews SOFIA (Bulgaria), October 27 (SeeNews) - Bulgaria’s largest car battery maker, blue chip MonBat, on Monday said it narrowly missed its third-quarter and nine-month sale and earnings targets due to lower-than-planned international lead prices. link

Bulgarian Stocks Sink Further Oct 27, 2008, 16:06 CET | Story | SeeNews SOFIA (Bulgaria), October 27 (SeeNews) - Bulgarian share indices extended losses in lower turnover on Monday and further drops are expected by the end of the week, brokers said. link

Bulgarian C-Bank FX Reserves Fall 5.4% in Week Ended Oct 24 – Table Oct 27, 2008, 16:03 CET | Story | SeeNews SOFIA (Bulgaria), October 27 (SeeNews) - The foreign exchange assets of the Bulgarian central bank’s (BNB) Issue Department totalled 28.042 billion levs ($17.81 billion/14.35 billion euro) on October 24, down 5.4% from a week earlier, BNB data showed on Monday. link

ANALYSIS - Much Needed SEE Energy Bourse Seems Doomed by Regional Fragmentation Oct 27, 2008, 15:15 CET | Analysis | SeeNews By Hristina Stoyanova and Vladimir Petrov link

Bulgarian National Statistical Institute - Business Climate - Oct 2008 Oct 27, 2008, 14:49 CET | State Agencies Reports | SeeNews BUSINESS CONJUNCTURENSI BUSINESS SURVEYS, OCTOBER 2008 link

Bulgaria’s Oct Business Sentiment Index Posts Biggest Drop in Two Years Oct 27, 2008, 14:26 CET | Story | SeeNews SOFIA (Bulgaria), October 27 (SeeNews) – Bulgaria’s business sentiment index posted its biggest monthly drop in the last two years in October, by 4.6 points, clearly indicating a deteriorating economic environment, although it remained well above the long-term average, the National Statistics Institute (NSI) said on Monday. link

UPDATE 1 - Bulgarian Fertilizers Producer Neochim 9-mo Net Profit Surges to 27.6 Mln Euro Oct 27, 2008, 14:20 CET | Story | SeeNews (adds comment from company official ) link

UK-Listed Black Sea Property Fund To Postpone Residential Project in Bulgarian Capital Oct 27, 2008, 14:01 CET | Story | SeeNews SOFIA (Bulgaria), October 27 (SeeNews) - London-listed Black Sea Property Fund has decided to postpone a residential project in Bulgaria’s capital Sofia following tigthened lending in the country, the company said. link

Bulgarian Fertilizers Producer Neochim 9-mo Net Profit Surges to 27.6 Mln Euro - Table Oct 27, 2008, 13:48 CET | Story | SeeNews SOFIA (Bulgaria), October 27 (SeeNews) - Bulgarian blue-chip chemical fertilisers producer Neochim said on Monday its nine-month net profit surged to 53.9 million levs ($34.2 million/27.6 million euro) from 1.9 million levs in the year-ago period. link

BULGARIAN BLUE-CHIP FERTILISERS MAKER NEOCHIM SAYS 9-MO NET PROFIT SURGES TO 27.6 MLN EURO FROM 972,000 EURO YR-AGO Oct 27, 2008, 13:46 CET | Alert | SeeNews link

Bulbrokers - Daily FX Analysis - Oct 27, 2008 Oct 27, 2008, 13:17 CET | Broker’s Report | SeeNews The Stock Market Panic Supported The Dollar And The Yen link

Eurohold Bulgaria Group To Restructure Operations into Subholdings by Early 2009 Oct 27, 2008, 12:38 CET | Story | SeeNews SOFIA (Bulgaria), October 27 (SeeNews) - Financial and industrial group Eurohold Bulgaria plans to restructure its business through consolidating its leasing, insurance and car sales operations into holding companies by early 2009, the company said on Monday. link

Bulgarian Hardboard Maker Fazerles 9-mo Net Profit Almost Flat Y/Y - Table Oct 27, 2008, 12:29 CET | Story | SeeNews SOFIA (Bulgaria), October 27 (SeeNews) - Bulgarian hardboard maker Fazerles on Monday said its nine-month net profit was almost flat year-on-year rising by just 0.8% to 5.366 million levs ($3.4 million/2.7 million euro). link

FFBH - Bulgaria Morning Update - Oct 27, 2008 Oct 27, 2008, 12:27 CET | Broker’s Report | SeeNews MARKET WRAP-UP link

Bulgarian Printing, Ad Firm Billboard More Than Doubles 9-mo Net Profit - Table Oct 27, 2008, 12:20 CET | Story | SeeNews SOFIA (Bulgaria), October 27 (SeeNews) - Bulgarian printing and advertising company Billboard more than doubled its nine-month net profit this year to 1.26 million levs ($826,000/665,000 euro) as sales revenue rose 22% on the year. link

FFBH - Bulgaria Weekly Update - Oct 20 - 24, 2008 Oct 27, 2008, 12:16 CET | Broker’s Report | SeeNews market wrap-up link

Soft Drinks Sales in Bulgaria Seen Rising 12% in 2008 Oct 27, 2008, 11:12 CET | Story | SeeNews SOFIA (Bulgaria), October 27 (SeeNews) – Sales of soft drinks per capita in Bulgaria are seen rising 12% to 245 litres, industry data showed on Monday. link

Ukrainian Business Tycoon Akhmetov Shows Interest in Bulgarian Steel Mill Kremikovtzi - Media Oct 27, 2008, 10:48 CET | Story | SeeNews SOFIA (Bulgaria), October 27 (SeeNews) - Ukrainian business tycoon Rinat Akhmetov is interested in becoming a strategic investor in Bulgaria’s largest steel mill, insolvent Kremikovtzi, in competition with a former owner of the plant, Bulgarian media reported on Monday. link

Sofia Bourse Expands Price Ranges Triggering Halts in Trading by 30% Oct 27, 2008, 10:42 CET | Story | SeeNews SOFIA (Bulgaria), October 27 (SeeNews) - The Bulgarian Stock Exchange (BSE) said on Monday it expanded by 30% the price ranges causing suspension of trading due to increased volatility of international financial markets. link

BULGARIAN STOCK EXCHANGE SAYS EXPANDS PRICE RANGES TRIGGERING HALTS IN TRADING BY 30% Oct 27, 2008, 10:31 CET | Alert | SeeNews link

Elana - BSE - Sofia Weekly Overview - Oct 24, 2008 Oct 27, 2008, 10:22 CET | Broker’s Report | SeeNews Market Trend link

Karoll - Bulgarian Weekly Newsletter - Oct 20 - 24, 2008 Oct 27, 2008, 09:37 CET | Broker’s Report | SeeNews Overview link

Bulbrokers - Stock Market Daily Review - Oct 24, 2008 Oct 27, 2008, 09:29 CET | Broker’s Report | SeeNews Dow Jones and S&P 500 Rise After Volatile Session link

Bulbrokers - Daily FX Analysis - Oct 24, 2008 Oct 27, 2008, 09:25 CET | Broker’s Report | SeeNews The yen retreated from its strong levels link

Bulgarian Stock Exchange - Daily Bulletin, Selected Announcements - Oct 24, 2008 Oct 27, 2008, 09:16 CET | Specialists Reports | SeeNews Chimimport AD-Sofia /6C4/ submitted to X3 News the following information:Chimimport AD plans to increase its capital through issuance of up to 50 million new shares. The Management Board of the company, after approval by the Supervisory Board, is going to determine the issuing value and the exact number of the new shares to be offered as according to preliminary calculations the issue will amount to ca. BGN 200 million. The funds of the capital increase will be used for financing of the investments and activities of the group of Chimimport. The subscription to the new shares and the trade in rights on the floor of BSE-Sofia will start till the end of year 2008, after the Prospectus is approved by the FSC and is made public.The public offering will be announced in the State Gazette and in Pari newspaper.The entire notification is available on link link

Bulgarian Stock Exchange - Daily Report - Oct 24, 2008 Oct 27, 2008, 09:16 CET | Specialists Reports | SeeNews The Bulgarian Stock Еxchange has published its report on turnover and prices for October 24, 2008. link

Bulgaria Schedule of Events - Oct 27 - Nov 25 Oct 27, 2008, 08:59 CET | Story | SeeNews SOFIA (Bulgaria), October 27 (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 Share Indices End Nearly 5.0% Down on Global Plunge Oct 27, 2008, 18:10 CET | Story | SeeNews ZAGREB (Croatia), October 27 (SeeNews) – The Croatian equity indices lost almost five percent each on Monday in response to a plunge on global markets, analysts said. "The slump of the global indices reflected on Croatia’s capital market with the local benchmark [CROBEX] falling 5% to 2,083.89 points," said an analyst with Fima Fas consultancy. Having slipped some seven percent intraday, the 28-share CROBEX index of the Zagreb bourse later pared its losses but still closed at its lowest level since February 2006. link

Croatian Benchmark Stock Index Drops Nearly 7% Intraday Oct 27, 2008, 15:07 CET | Story | SeeNews ZAGREB (Croatia), October 27 (SeeNews) - The Croatian equity benchmark, the CROBEX index of the Zagreb bourse, plunged almost seven percent intraday on Monday mirroring losses on foreign markets. link

UPDATE 1 - Croatia’s Podravka Group Jan-Sept Net Profit Rises 52% Oct 27, 2008, 14:26 CET | Story | SeeNews ZAGREB (Croatia), October 27 (SeeNews) - Croatian blue-chip food, beverages and drugs producer Podravka on Monday reported a group net profit of 51.2 million kuna ($8.8 million/ 7.1 million euro) for the first nine months of 2008, up 52% on the year. link

FIMA - Weekly Report - Oct 20-24, 2008 Oct 27, 2008, 13:12 CET | Broker’s Report | AII Data Processing Ltd CONTENT link

Croatia’s IGH 9-Mo Pre-Tax Profit Up 50% Y/Y Oct 27, 2008, 12:10 CET | Story | SeeNews ZAGREB (Croatia), October 27 (SeeNews) - Croatian blue-chip civil engineering company Institut Gradjevinarstva Hrvatske (IGH) said on Monday its nine-month pre-tax profit reached 75 million kuna ($12.8 million/10.3 million euro), up from 50 million kuna a year earlier. Croatia C-Bank Sells 270.6 Mln Euro in Currency Auction To Ease Pressure on Kuna Oct 27, 2008, 12:05 CET | Story | SeeNews ZAGREB (Croatia), October 27 (SeeNews) – The Croatian central bank on Monday sold 270.6 million euro ($337 million) to commercial banks in a currency auction, aiming to ease pressure on the kuna currency, it said. [link->http://seenews.com/news/latestnews/croatiac-banksells270_6mlneuroincurrencyauctiontohaltkunalosses-115022" class="spip_out">link

Croatia’s Podravka Group 9-Mo Net Profit Rises 52% Oct 27, 2008, 11:32 CET | Story | SeeNews ZAGREB (Croatia), October 27 (SeeNews) - Croatian blue-chip food, beverages and drugs producer Podravka reported on Monday a group net profit of 51.2 million kuna ($8.8 million/ 7.1 million euro) for the first nine months of 2008, up 52% on the year. link

CROATIAN FOOD PRODUCER PODRAVKA SAYS 9-MO GROUP NET PROFIT RISES 52% TO 51.2 MLN KUNA (7.1 MLN EURO) Oct 27, 2008, 10:39 CET | Alert | SeeNews link

Erste Securities - Croatian Equity Daily - Oct 27, 2008 Oct 27, 2008, 10:07 CET | Broker’s Report | AII Data Processing Ltd Highlights: link

Croatia Schedule of Events - Oct 27 - Nov 20 Oct 27, 2008, 09:44 CET | Story | SeeNews ZAGREB (Croatia), October 27 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Croatia through November 20. New or amended entries are marked (*). link

* Macedonia *

Macedonian Capital Picks Intl Consortium To Design City’s Tramway Network for 528,030 Euro Oct 27, 2008, 18:08 CET | Story | SeeNews SKOPJE (Macedonia), October 27 (SeeNews) – The Macedonian capital on Monday said it awarded the design of the city’s tramway network at a cost of 29.99 million denars ($656,236/528,030 euro) to a consortium comprising a Macedonian, two Italian-based and one Bulgarian company. link

Macedonian Stock Exchange Sets Range for Daily Price Fluctuations on Unofficial Floor at +/-20% Oct 27, 2008, 16:37 CET | Story | SeeNews SKOPJE (Macedonia), October 27 (SeeNews) – The Macedonian Stock Exchange (MSE) on Monday said it re-introduced a band for daily fluctuations in the price of shares traded on its unofficial floor, expanding it to 20% on either side of the base stock price. link

Macedonia’s RZ Ekonomika 9-Mo Net Profit Falls 86% - Table Oct 27, 2008, 16:33 CET | Story | SeeNews SKOPJE (Macedonia), October 27 (SeeNews) – Macedonian trading and accounting company RZ Ekonomika AD said on Monday its preliminary net profit for the January-September period fell 86% to 1.515 million denars ($33,151/26,674 euro). link

Macedonia Calls Tender to Sell 41.7% of Electronic Equipment Manufacturer EMO Oct 27, 2008, 15:41 CET | Story | SeeNews SKOPJE (Macedonia), October 27 (SeeNews) – The Macedonian Economy Ministry on Monday called a tender to sell a state-held stake of 41.7% in the country’s leading electronic equipment manufacturer Emo AD Ohrid setting the starting price at 1.53 million euro ($1.9 million). link

ANALYSIS - Much Needed SEE Energy Bourse Seems Doomed by Regional Fragmentation Oct 27, 2008, 15:15 CET | Analysis | SeeNews By Hristina Stoyanova and Vladimir Petrov link

Macedonia Calls Pre-qualification Tender for Construction of 12 Hydropower Plants Oct 27, 2008, 14:31 CET | Story | SeeNews SKOPJE (Macedonia), October 27 (SeeNews) – The Macedonian Economy Ministry on Monday announced a pre-qualification tender for the construction of 12 hydropower plants with a combined installed capacity of 325 megawatts. link

Macedonia Schedule of Events - Oct 27 - Nov 14 Oct 27, 2008, 09:15 CET | Story | SeeNews SKOPJE (Macedonia), October 27 (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 - Oct 24, 2008 Oct 27, 2008, 09:15 CET | Specialists Reports | SeeNews Тhe Macedonian Stock exchange has published its daily report on turnover and prices for October 24, 2008. link

* Moldova *

Turkey’s Efes Breweries 9-mo Sales Volume in Moldova Falls 29% Y/Y Oct 27, 2008, 11:25 CET | Story | SeeNews CHISINAU (Moldova), October 27 (SeeNews) - Turkey’s Efes Breweries International (EBI) reported a 29% annual fall in the volume of beer and soft drinks sales of its Moldovan unit in the first nine months of the year, EBI said on Monday. link

Moldova Schedule of Events - Oct 27 - Jan 2 Oct 27, 2008, 09:14 CET | Story | SeeNews CHISINAU (Moldova), October 27 (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 - Oct 24, 2008 Oct 27, 2008, 09:14 CET | Specialists Reports | SeeNews The Moldova Stock exchange has published its daily report on trading volumes and prices for October 24, 2008. link

* Montenegro *

Montenegro’s Sept Retail Price Index Rises 9.8% Y/Y, Up 0.8% M/M - Table Oct 27, 2008, 15:42 CET | Story | SeeNews PODGORICA (Montenegro), October 27 (SeeNews) - Montenegro’s September retail price index rose by 9.8% on the year and was 0.8% higher month-on-month, data showed on Monday. link

Montenegro’s Sept Avg Net Salary Falls by Real 0.3% M/M – Table Oct 27, 2008, 15:30 CET | Story | SeeNews PODGORICA (Montenegro), October 27 (SeeNews) - Montenegro’s September average net monthly salary fell by a real 0.3% month-on-month to 429 euro ($533), the country’s Statistics Office said on Monday. link

Montenegro’s Sept Cost of Living Index Rises 8.5% Y/Y, Up 1.0% M/M - Table Oct 27, 2008, 15:27 CET | Story | SeeNews PODGORICA (Montenegro), October 27 (SeeNews) - Montenegro’s September cost of living index rose by 8.5% on the year and was 1.0% higher month-on-month, data showed on Monday. link

Montenegro’s September CPI Rises 8.4% Y/Y, Up 1.0% M/M - Table Oct 27, 2008, 15:09 CET | Story | SeeNews PODGORICA (Montenegro), October 27 (SeeNews) - Montenegro’s September consumer price index rose by 8.4% on the year and was 1.0% higher than a month earlier, data from the country’s statistics office showed on Monday. link

Montenegro’s September Industrial Output Rises 12% Y/Y - Table Oct 27, 2008, 14:53 CET | Story | SeeNews PODGORICA (Montenegro), October 27 (SeeNews) - Montenegro’s September industrial output rose by 12% on the year and was 16.3% higher than a month earlier, data from the country’s statistics office showed on Monday. link

MONTENEGRO SEPT CPI +8.4% Y/Y, +1.0% M/M, VS +10.6% Y/Y, +0.1% M/M IN AUG - STATS OFFICE Oct 27, 2008, 14:48 CET | Alert | SeeNews link

MONTENEGRO’S SEPTEMBER INDUSTRIAL OUTPUT +12% Y/Y, + 16.3% M/M VS -4.8% Y/Y, +2.9% M/M IN AUG - STATS OFFICE Oct 27, 2008, 14:41 CET | Alert | SeeNews link

New Securities Exchange of Montenegro - Daily Report - Oct 24, 2008 Oct 27, 2008, 09:13 CET | Specialists Reports | SeeNews The New Securities exchange of Montenegro (NEX) has published its daily report on trading volumes and prices for October 24, 2008. link

* Romania *

Romanian Leu Ends Weaker vs Euro on Negative Regional Trend Oct 27, 2008, 17:56 CET | Story | SeeNews BUCHAREST (Romania), October 27 (SeeNews) - The Romanian leu closed weaker versus the euro on Monday at 3.7300/7450 per euro versus Friday’s close of 3.6530/3.6600, moving in tune with a negative trend in emerging markets, dealers said. link

S&P Downgrades Romania on Mounting Risks to Real Economy, Outlook Negative Oct 27, 2008, 17:08 CET | Story | SeeNews BUCHAREST (Romania) October 27 (SeeNews) - Global rating agency Standard & Poor’s said on Monday it had lowered its long- and short-term foreign currency sovereign credit ratings on Romania to ’BB+/B’ from ’BBB-/A-3’, and its local currency long-term rating to ’BBB-’ from ’BBB’. link

Romanian Bourse Indices Tumble Amid Global Woes Oct 27, 2008, 16:53 CET | Story | SeeNews BUCHAREST (Romania), October 27 (SeeNews) - Romanian share indices plunged on Monday in a torrent of selling orders, tracking international markets that are hit by growing concerns over the health of the world’s largest economies, brokers said. link

S&P SAYS DOWNGRADES ROMANIA ON MOUNTING RISKS TO REAL ECONOMY, OUTLOOK NEGATIVE Oct 27, 2008, 16:25 CET | Alert | SeeNews link

GTS Central Europe’s Romanian Arm 9-mo EBITDA Rises 27% to 3.6 Mln Euro Oct 27, 2008, 15:20 CET | Story | SeeNews BUCHAREST (Romania), October 27 (SeeNews) - GTS Telecom, the Romanian division of GTS Central Europe, said on Monday its nine-month earnings before interest, taxes, depreciation and amortisation (EBITDA) rose by 27% to 3.6 million euro ($4.45 million). link

Romania Might Lose Foreign Investments in Telecoms Over Repugnant Regulation - EU Commissioner Oct 27, 2008, 12:07 CET | Story | SeeNews BUCHAREST (Romania), October 27 (SeeNews) - European Union member Romania may lose foreign investments in its telecommunication sector due to inconsistent regulations, EU Commissioner for information society and media Viviane Reding was quoted as saying by the European Commission’s Bucharest office on Monday. link

Romania’s Govt Econ Advisers Raise End-’08 Inflation Fcast to 6.0%, Keep GDP Growth Fcast at 9.1% Oct 27, 2008, 11:57 CET | Story | SeeNews BUCHAREST (Romania), October 27 (SeeNews) - Romania’s National Prognoses Commission, CNP, said it revised upwards its forecast for the country’s end-2008 consumer price inflation to 6.0% from 5.8%, but kept its projection for this year’s economic growth at 9.1% in real terms. link

KD Capital Management - Bucharest Stock Exchange - Weekly Market Report - Oct 20-24, 2008 Oct 27, 2008, 11:50 CET | Broker’s Report | SeeNews 1. BUCHAREST STOCK MARKET EVOLUTION link

Raiffeisen Capital & Investment - Investment Daily Romania - Oct 27, 2008 Oct 27, 2008, 10:45 CET | Broker’s Report | SeeNews In the news link

Raiffeisen Capital & Investment - Flash News - BVB Closing of Trading Session at 1038 AM (Local Time) - Oct 27, 2008 Oct 27, 2008, 10:29 CET | Broker’s Report | SeeNews The trading on the Bucharest stock exchange (BVB) has been suspended today at 10.38 am local time. According to BVB regulations, the General Director can decide to temporary suspend the trading if the main index (BET) records a day-on-day decrease of 12%. If the BET index records a 15% decrease compared with the last closing, the trading is suspended for the whole trading session. Today’s trading was suspended when the BET index went down 8.89%. If adjusted for Banca Transilvania weight in the main index (28.95%), which is currently suspended from trading, BET recorded today a negative performance of 12%, triggering a temporary closing of BVB. It was also announced that trading would be resumed at 11:10 local time. The trading session will begin with a 15 min Preopening period. link

Ieba Trust - Romanian Market Daily - Oct 24, 2008 Oct 27, 2008, 10:16 CET | Broker’s Report | SeeNews BSE trading session suspended for 30 minutes following sharp falls in prices link

Romanian Stock Exchange Suspends Trading Due to Sharp Falls in Stock Prices, To Resume Trading at 0910 GMT Oct 27, 2008, 10:07 CET | Story | SeeNews BUCHAREST (Romania), October 27 (SeeNews) - The Bucharest Stock Exchange, BVB, will resume trading at 1110 local time (0910 GMT) on Monday following a suspension at 1038 local time due to sharp falls in stock prices, it said on its website. link

ROMANIAN STOCK EXCHANGE SAYS TO RESUME TRADING AT 1110 LOCAL TIME (0910 GMT) Oct 27, 2008, 09:49 CET | Alert | SeeNews link

ROMANIAN STOCK EXCHANGE SAYS SUSPENDS TRADING FOLLOWING SHARP FALLS IN STOCK PRICES Oct 27, 2008, 09:43 CET | Alert | SeeNews link

Romania Schedule of Events - Oct 27 - Dec 23 Oct 27, 2008, 09:32 CET | Story | SeeNews BUCHAREST (Romania), October 27 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Romania through December 23. New or amended entries are marked (*). Bucharest Stock Exchange - Daily Report - RASDAQ Market - Oct 24, 2008 Oct 27, 2008, 09:18 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its daily RASDAQ market report for October 24, 2008. [link->http://seenews.com/news/latestnews/buchareststockexchange-dailyreport-rasdaqmarket-oct24_2008-150517" class="spip_out">link

Bucharest Stock Exchange - Daily Report - Regulated Market - Oct 24, 2008 Oct 27, 2008, 09:17 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its report on trading volumes and prices on the regulated market for October 24, 2008. link

* Serbia *

Serbia To Call Tender for Advisor of Sale of Drug Maker Galenika Next Week - Media Oct 27, 2008, 18:13 CET | Story | SeeNews BELGRADE (Serbia), October 27 (SeeNews) – Serbia’s Economy Minister Mladjan Dinkic said Serbia plans to call a public tender next week to select an advisor of the sale of its largest drug maker Galenika, state news agency Tanjug reported on Monday. link

UPDATE 1 - Serbia’s C-bank Intervenes After Dinar Hits 2008 Record Low - Dealers Oct 27, 2008, 18:04 CET | Story | SeeNews (adds central bank statement)BELGRADE (Serbia), October 27 (SeeNews) – The Serbian central bank, NBS, on Monday intervened to back the dinar after it sank to its lowest level against the euro so far this year in extremely high volatility, dealers said. link

Serbia Sees GDP Growth Slowing to 4.0%, Budget Deficit Not Exceeding 2.0% in 2009 - PM Oct 27, 2008, 16:45 CET | Story | SeeNews BELGRADE (Serbia), October 27 (SeeNews) – Serbia’s economic growth is expected to slow down to around 4.0% real in 2009, from 7.0% projected for the current year, Prime Minister Mirko Cvetkovic said on Monday. link

UPDATE 1 - Serbian Blue-chip Index Closes at Record Low on Global Stock Depression Oct 27, 2008, 16:13 CET | Story | SeeNews (adds total turnover, other indices) link

Serbia’s Jan-Sept Tourist Numbers Fall 1.0% Y/Y – Table Oct 27, 2008, 15:54 CET | Story | SeeNews BELGRADE (Serbia), October 27 (SeeNews) - The number of tourists in Serbia through September went down 1.0% year-on-year to 1,746,957, the country’s statistics office said on Monday. link

ANALYSIS - Much Needed SEE Energy Bourse Seems Doomed by Regional Fragmentation Oct 27, 2008, 15:15 CET | Analysis | SeeNews By Hristina Stoyanova and Vladimir Petrov link

Serbian Blue-chip Index Closes at Record Low on Global Stock Depression Oct 27, 2008, 14:00 CET | Story | SeeNews BELGRADE (Serbia), October 27 (SeeNews) – The blue-chip index on the Belgrade Stock Exchange (BELEX) closed more than 6.0% lower on Monday, sinking to an all-time low, as depression deepened on global markets, brokers said. link

Serbia’s C-bank Intervenes After Dinar Hits 2008 Record Low - Dealers Oct 27, 2008, 13:22 CET | Story | SeeNews BELGRADE (Serbia), October 27 (SeeNews) – The Serbian central bank, NBS, on Monday intervened to back the dinar after it sank to its lowest level against the euro so far this year in extremely high volatility, dealers said. link

UPDATE 1 - Kosovo’s Sept CPI Rises 0.1% M/M, Up 7.8% Y/Y Oct 27, 2008, 12:17 CET | Story | SeeNews (adds details) link

Vojvodjanska Banka - Daily Vobnews - Oct 27, 2008 Oct 27, 2008, 11:36 CET | Broker’s Report | AII Data Processing Ltd Serbia’s Vojvodjanska banka released its Daily Vobnews report for October 27, 2008. link

UPDATE 1 - Kosovo’s Aug Trade Gap Widens 21.4% Y/Y to 165 Mln Euro Oct 27, 2008, 11:36 CET | Story | SeeNews (adds details) link

Kosovo’s Sept CPI Rises 0.1% M/M, Up 7.8% Y/Y - Table Oct 27, 2008, 11:23 CET | Story | SeeNews PRISTINA, October 27 (SeeNews) - The consumer price index (CPI) of Kosovo rose by 0.1% month-on-month and was 7.8% higher on the year in September, Kosovo’s statistics office said on Monday. link

Sinteza Investment Group - Daily Market Wrap Up - Oct 24, 2008 Oct 27, 2008, 11:08 CET | Broker’s Report | AII Data Processing Ltd Sinteza Investment Group has released its daily trading report for October 24, 2008. The report contains an overview of the Serbian Financial market. link

Kosovo’s Aug Trade Gap Widens 21.4% Y/Y to 165 Mln Euro - Table Oct 27, 2008, 11:06 CET | Story | SeeNews PRISTINA, October 27 (SeeNews) - Kosovo’s August trade deficit increased by 21.4% year-on-year to 164.84 million euro ($204.65 million), even though exports grew faster than imports, the Kosovo Statistics Office said on Monday. link

Belgrade Stock Exchange - Daily Report - Oct 24, 2008 Oct 27, 2008, 09:18 CET | Specialists Reports | SeeNews The Belgrade Stock exchange has published its daily report on trading volumes and prices for October 24, 2008. link

Serbia Schedule of Events - Oct 27 - Dec 30 Oct 27, 2008, 08:40 CET | Story | SeeNews BELGRADE (Serbia), October 27 (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 *

Slovenian Stock Indices Plunge on Global Losses Oct 27, 2008, 18:24 CET | Story | SeeNews LJUBLJANA (Slovenia), October 27 (SeeNews) - Slovenian stock indices lost more than six percent each on Monday, shadowing losses on global markets, brokers said. link

Shares of Slovenia’s Abanka Vipa Rally in Bourse Debut Oct 27, 2008, 17:54 CET | Story | SeeNews LJUBLJANA (Slovenia), October 27 (SeeNews) - The shares of Slovenia’s third largest bank by assets, Abanka Vipa, closed higher after making their debut on the Ljubljana Stock Exchange (LJSE) on Monday, brokers said. link

Slovenia’s October Economic Sentiment Index Falls M/M Oct 27, 2008, 15:18 CET | Story | SeeNews LJUBLJANA (Slovenia), October 27 (SeeNews) - Slovenia’s seasonally-adjusted economic sentiment index fell by six percentage points in October from a month earlier mostly due to a fall in the manufacturing sector and consumer confidence indicators, the Statistics Office said on Monday. link

ANALYSIS - Much Needed SEE Energy Bourse Seems Doomed by Regional Fragmentation Oct 27, 2008, 15:15 CET | Analysis | SeeNews By Hristina Stoyanova and Vladimir Petrov Slovenian Statistical Office - Business Tendency and Consumer Surveys - Oct 2008 Oct 27, 2008, 14:30 CET | State Agencies Reports | AII Data Processing Ltd In October 2008 the seasonally adjusted sentiment indicator fell by 6 percentage points compared to the previous month. [link->http://seenews.com/news/latestnews/slovenianstatisticaloffice-businesstendencyandconsumersurveys-oct2008-142900" class="spip_out">link

Slovenian Statistical Office - Consumer Survey - Oct 2008 Oct 27, 2008, 14:29 CET | State Agencies Reports | AII Data Processing Ltd In October 2008 the consumer confidence indicator was 5 percentage points lower than in the previous month. link

Ljubljana Bourse Expands Price Ranges Triggering Halts in Trading in Gorenje, Sava, Luka Koper Oct 27, 2008, 13:22 CET | Story | SeeNews LJUBLJANA (Slovenia), October 27 (SeeNews) - The Ljubljana Stock Exchange (LJSE) on Monday said it expanded to 20% from 10% the price ranges triggering halts in trading in three blue chips: household appliance manufacturer Gorenje, rubber-to-tourism holding company Sava and port operator Luka Koper, link

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