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Four SEE countries sign MoU on TAP, IAP projects

24.5.2013 10:14:00 | www.seenews.com

Albania, Montenegro, Bosnia and Herzegovina and Croatia signed a memorandum of understanding on the Trans Adriatic Pipeline (TAP) and Ionian Adriatic Pipeline (IAP) pipeline projects, the Albanian government saidmore

Bosnia and Herzegovina

Bosnia's Violeta buys land for future warehouse in Croatia - Sinj municipality

The logistics unit of Bosnia's leading hygiene products maker Violeta bought a land plot in the southeastern Croatian town of Sinj, where it plans to build a warehouse, the municipality of ...more

Croatia

EBRD mulls 40 mln euro loan to Croatia's Zagrebacka Banka to back SMEs

EBRD said it is considering lending 40 million euro ($51.7 million) to Croatia's Zagrebacka Banka for on-lending to small and medium-sized enterprises (SMEs) in the Adriatic country ...more

Croatia

Croatia's Koncar Elektroindustrija buys back 9,418 shares

Croatian electrical equipment producer Koncar Elektroindustrija [ZSE:KOEI-R-A] repurchased a total of 9,418 of its shares at an average price of 760 kuna ($130.6/99.9 euro) apiece, the company ...more

Macedonia

S&P lowers long-term rating on Macedonia to 'BB-', outlook stable

Standard&Poor's Ratings Services (S&P) lowered its long-term foreign and local currency sovereign credit ratings on the Republic of Macedonia to 'BB-' from 'BB', the ...more

Montenegro

Crnogorski Telekom to pay 22.9 mln euro in 2012 dividend

Montenegrin telecommunications company Crnogorski Telekom's will pay a total of 22.9 million euro ($29.7 million) in dividend for the financial year 2012, Magyar Telekom, the majority owner ...more

Serbia

Net monthly salary in Serbia falls by real 1.1% y/y in Apr – table

The average net monthly salary in Serbia fell by 1.1% year-on-year in real terms to 46,530 dinars ($541.9/418.4 euro) in April, data of the country's statistics office showed on Friday.

...more

Slovenia

Slovenia’s Gorenje turns to Q1 cons net loss of 4.2 mln euro

Slovenian home appliances maker Gorenje [LJE:GRVG] said it has turned to a consolidated net loss of 4.2 million euro ($5.4 million) in the first quarter of 2013 from a net profit of 2.1 million ...more

Other countries

Romania's Electroarges Q1 net profit falls 41% y/y - table

The first-quarter net profit of Romanian home appliances maker Electroarges [BSE:ELGS] shrank to 2.53 million lei ($752,000/581,000 euro) in 2013 from 4.28 million lei a year earlier, the ...more