Daily Report 11.09.2018
Datum objave: 11.09.2018
NIIS: New plant in the Pancevo Oil Refinery to open in Quarter 3 2019
Pancevo Oil Refinery has finished installing the equipment for the Bottom of the Barrel plant, a key investment in the modernization of its processing capacities, Naftna Industrija Srbije (Nis) said in an official statement. Bottom-of-the-barrel project is a part of the on-going modernization of Pancevo Oil Refinery, so we could offer the finest fuel for the Serbian and regional markets. Over EUR 300 mil is invested in t his project and it is among the biggest investments in Serbia. The new plant will start work in the third quarter of 2019, the statement says.
Minimum wage set at RSD 155 per hour
The Government of Serbia has finally reached a decision an announced today that it would increase the minimum wage for 8.6% which is RSD 155 per working hour. Trade Unions, employers and government representatives agreed that the minimum wage should be adjusted to the costs of the minimum consumer basket during the next three years. Trade union representatives didn't concur with the decision. The government and employers proposed 8.6 % raise while the unions asked for 10% minimum wage increase.
Medela buys Ravanica confectionery plant for EUR 320,000
Ravanica confectionery plant from Cuprija was sold on September 7 to Medela a.d. From Vrbas for EUR 320,000, Cuprija Municipality announced. Medela obliged to invest EUR 1 million in modernization of production equipment.Medela bought 100% of Ravanica's capital for EUR 261,000. The most prominent product of Ravanica is Bonzita and its assortment includes over 40 products.
S&P confirms Slovenia's Triglav at “A”, medium-term outlook stable
Standard and Poor's (S&P) has confirmed the “A” long-term credit rating and financial strength rating of the Triglav Group and thereby of its parent company Zavarovalnica Triglav and its subsidiary Pozavarovalnica Triglav Re, with a stable medium-term outlook, Slovenia's biggest insurer said on Monday. According to S&P, the reaffirmed high ratings reflect the Group’s leading position both in the Slovene growing market and the region, its stable and profitable operations in recent years and a sound risk-based capital adequacy, Triglav said in a Ljubljana bourse filing.
S&P 500 and Nasdaq snap 4-day losing streak as tech shares rebound, Europe ends on a positive note as Italy, Brexit concerns ease
The S&P 500 and Nasdaq Composite rose slightly on Monday, snapping a four-day losing streak, as tech shares tried to regain some of the steep losses from last week. The broad S&P 500 gained 0.2 percent to 2,877.13, led by utilities and industrials, while tech shares rose 0.3 percent. The tech-heavy Nasdaq climbed 0.3 percent to close at 7,924.16 as Facebook shares rose 0.7 percent and Microsoft gained 1 percent. The Dow Jones Industrial Average slipped 59.47 points to close at 25,857.07.
Tesla shares rose 8.5 percent after an analyst at Baird said investors should buy them "even with drama." The analyst cited the potential of Tesla's "Gigafactory" to give the company a competitive advantage long-term.
Amazon and Apple both fell. Amazon declined 0.7 percent, posting its four-day losing streak since December 2017. Apple dropped 1.3 percent after President Donald Trump pressured the company to make its products in the U.S.
European stocks finished Monday's session in the black, as investors shook off concerns surrounding global trade. The pan-Europe STOXX 600 rose 0.47 percent by the close, with almost all sectors ending in positive territory.
Banking stocks were among the biggest gainers Monday. In particular, investors flocked into Italian banks, given reassurances from the government that the 2019 deficit will not disrespect European fiscal rules. Intesa Sanpaolo, UniCredit and Banco BPM all finished the session up 4.5 percent or more.
A number of stocks fell to the bottom of the STOXX 600, including Ryanair, Glencore and Danske Bank, which all dropped more than 1.5 percent, following broker updates.
Dnevni izveštaj 21.09.2018
21.09.2018 | RTB Bor u avgustu izvezao robu u vrednosti 18,6 mil USD - Hiljadu tona bakra za Kinu; Fiskalni savet predlaže povlačenje izmena Zakona o penzijskom i invalidskom osiguranju; NBS: Blagi pad neto dobiti banaka u Srbiji; Hrvatska Erste&Steiermarkische banka izdaje 5.ogoišnje obveznice vredne 500 miliona EUR; Dow skočio preko 250 poena, Evropa opet u plusu
Daily Report 21.09.2018
21.09.2018 | RTB Bor exports goods worth USD 18.6 million in August – Thousand tons of copper for China; Fiscal Council proposes withdrawal of amendments to Law on Pension and Disability Insurance; NBS: Serbian banking sector scored flat aggregate profit in 1Q18; Croatia's Erste&Steiermarkische Bank to issue 500 mln euro 5-yr bond; Dow rallies more than 250 points to first record close since January, Europe rises by the close as concerns over trade spats wane
Dnevni izveštaj 20.09.2018
20.09.2018 | Prva faza kinesko-srpskog industrijskog parka u Smederevu biće završena 2020. - Na 400 hektara posao za 20.000 ljudi?; Novih 20 mil EUR za MSP u Srbiji kroz sporazum EBRD i Addiko banke; Ruski trgovinski lanci dogovorili uvoz hrane iz Srbije; United grupi u Sloveniji naloženo da proda Sport klub; Banke vodile rast indeksa na NYSE, Evropa u plusu
Daily Report 20.09.2018
20.09.2018 | First phase of Chinese-Serbian industrial park in Smederevo to be completed in 2020 – Jobs for 20,000 people on 400 hectares?; New EUR 20 million for SMEs in Serbia through agreement between EBRD and Addiko Bank; Russian retail chains contract import of food from Serbia; Slovenia's competition agency orders United Group to dispose of Sport Klub channels; Dow jumps more than 150 points as Goldman and JP Morgan lead bank shares higher, Europe ends on a high note as investors brush off trade dispute
Dnevni izveštaj 19.09.2018
19.09.2018 | IFC investirao 190,5 mil EUR u Srbiju u fiskalnoj 2018.; Fijat ostaje u Srbiji, stižu novi modeli; Potpisan ugovor o finansiranju izgradnje obilaznice oko Beograda - Vrednost deonice od Ostružničkog mosta do Bubanj potoka 207 mil EUR; Ziđin planira da proizvodnju u Boru poveća tri do četiri puta; Dow skočio 185 poena pošto trenutni tarifni potezi na relaciji SAD-Kina ne izgledaju strašno koliko se očekivalo, Evropa tek u blagom plusu
Daily Report 19.09.2018
19.09.2018 | IFC invests EUR 190.5 million in Serbia in fiscal year 2018; Fiat to stay in Serbia, and is prepping new model; Agreement on funding of construction of bypass route around Belgrade signed – Section from Ostruznica Bridge to Bubanj Potok worth EUR 207 million; Zijin to double Serbia's RTB Bor output in three years; Dow surges 185 points as latest US-China trade barbs are not as bad as feared, Europe holds steady by the close as US-China trade conflict escalates
Dnevni izveštaj 18.09.2018
18.09.2018 | MMF: Srbija sama privukla više od polovine direktnih investicija u regionu; ENHL: Energoprojekt ugovorio dva nova posla u Srbiji; Kineska kompanija CRBC gradiće koridor kroz Frušku goru? - Opcije kredit i koncesija; Potpisan sporazum o investiciji Shandong Linlonga u Zrenjaninu; Wall Street u minusu nakon sve izvesnijih novih carinskih akcija SAD protiv Kine, Evropa u mešovitom tonu, H&M skočio 16,6%
Daily Report 18.09.2018
18.09.2018 | IMF: Serbia alone counts for more than half of total FDI stock in the region; ENHL: Energoprojekt contracted RSD 1.3bn worth jobs in Serbia; Chinese company CRBC to build corridor through Fruska Gora? – Options include credit and concession; Serbia signs investment agreements with China's Shandong Linglong, Zijin - finmin; Stocks fall after Trump says US-China trade announcement coming after the bell, Europe ends on a muted note as fresh tariff threats linger, H&M climbs 16.6%
Dnevni izveštaj 17.09.2018
17.09.2018 | RZS, NBS: Međugodišnja inflacija u avgustu 2,6%; NBS: Devizne rezerve 11,3 milijarde EUR; Al Dahra i zvanično jedini ponuđač za PKB - Otvaranje finansijske ponude naknadno; Inflacija u HR ostaje na 2,1% u avgustu; S&P500 završio petak u plusu vođen rastom na proizvođačima čipova, Evropa takođe u plusu
Daily Report 17.09.2018
17.09.2018 | NBS, SORS: Annual inflation in August at 2.6%; NBS: FX resrevs in Agust at EUR 11.3bn; Al Dahra officially the only bidder for PKB purchase – Financial bid to be opened subsequently; Croatia's annual inflation remains at 2.1% in August; S&P 500 ekes out 5-day winning streak as chipmakers rise, European markets finish on an upbeat note as autos, miners climb