The most comprehensive coverage of business news from Serbia Issue no. 1547 - Belgrade, Friday Jul. 04, 2008

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•  Reports: Pro-EU bloc, Socialists reach power-sharing deal for Belgrade. •  US to pledge USD 400 million in four-year aid to Kosovo at donors conference next week. •  Germany’s Draexlmaier to start car wiring production in Kosovo in August. •  Serbia, Croatia temporarily restore direct flights after 17-year hiatus. •  Euro back to above RSD 79.		•  UN tribunal quashes Bosnian Muslim commander conviction for war crimes against Serbs.		•  IZIT projects 2008 inflation at about 15%, calls for “monetary reform” to bring dinar “back to normal.” •  Exporters lament strong dinar’s impact on sales abroad. •  Serbia’s retail demand for Croatia-made goods plunges in apparent boycott over recognition of Kosovo’s independence, IZIT survey says. •  Serbia expects strong wheat yield to meet local demand, allow for exports, PKS says. •  Republika Srpska food company Vitaminka woos Delta to become its exclusive distributor in Serbia. •  S-Leasing marks fifth anniversary in Serbia with 8.42% market share. •  Danko Djunic lifts stake in think-tank Economics Institute to 67.67%. •  Biscuit maker Jaffa to increase capital to RSD 1.7 billion, nominal share price to RSD 14,500. •  Yeast maker Alltech-Fermin swings to loss in 2007. •  Apparel retailer Beteks’ loss widens to RSD 66.9 million in 2007. •  Raiffeisen Bank scoops Euromoney’s best bank in Serbia title for 7th time. •  Piraeus Bank appoints Dimitris Frangetis new executive board chairman. •  Deloitte to implement 20 Keys program at Vojvodina SMEs. •  Dunav launches insurance package for small, medium-sized trading firms. •  Stock trading more than triples as indexes continue to fall.		Country Currency Median Exchange rate (CSD) EU 1 Euro 78.7090 Australia 1 Dollar 48.1548 Canada 1 Dollar 49.2485 Denmark 1 Crown 10.5511 Japan 100 Yen 46.9092 Norway 1 Crown 9.8435 Sweden 1 Crown 8.3607 Switzerland 1 Franc 48.8148 Great Britain 1 Pound 99.3675 USA 1 Dollar 50.0821 Belgrade, Thursday Jul. 03, 2008 Click here to see latest trades.
Friday, July 04 Afternoon rain showers. Low 21º C. High 30º C.				Saturday, July 05 Mostly sunny. Low 19º C. High 29º C.
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