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CORRECTED - Serbia’s UniCredit Bank Q1 Pre-tax Profit Drops Slightly

Fri, 25 May 2012 22:20:31 +0300

BELGRADE (Serbia), May 25 (SeeNews) – In BELGRADE story “Serbia’s UniCredit Bank Q1 Pre-tax Profit Plunges 69% Y/Y” dated May 24 please read in the headline “..Q1 Pre-tax Profit Drops Slightly” instead of “..Q1 Pre-tax Profit Plunges 69% Y/Y” (corrects wording, drops percentage figure). Also read in the first paragraph “..said its pre-tax profit dropped slightly to 1.41 billion ..” instead of “..said its pre-tax profit plunged 69% on the year to 1.4 billion dinars..” (corrects wording, drops percentage figure). Also note the addition of a comparative figure for the first quarter of 2011. In the second paragraph, please read “Net interest income totalled 2.1 billion dinars..” instead of “Net interest income tumbled 75%..” and “..net income from fees and commissions totalled 472 million dinars..” instead of “..net income from fees and commissions dropped 72% to 472 million dinars..” (drops percentage figures). Drops last paragraph.

Romanian Leu Loses Further Ground vs Euro

Fri, 25 May 2012 20:34:32 +0300

BUCHAREST (Romania), May 25 (SeeNews) - The Romanian leu lost further ground versus the euro on Friday in low volumes, dealers said.

Macedonia, Singapore Endorse Open Skies Deal

Fri, 25 May 2012 20:29:58 +0300

SKOPJE (Macedonia), May 25 (SeeNews) - Macedonia and Singapore have endorsed an open skies agreement, the government in Skopje said.

Croatia’s IGH Supervisory Board OKs Convertible Bond Issue

Fri, 25 May 2012 20:24:06 +0300

ZAGREB (Croatia), May 25 (SeeNews) - Croatian civil engineering company IGH [ZSE:IGH-R-A] said on Friday its supervisory board has approved the issuing of bonds that can be converted into shares up to the amount of 195 million kuna ($32 million/26 million euro).

S&P Affirms Romania Ratings at 'BB+/B', Outlook Stable

Fri, 25 May 2012 19:42:13 +0300

BUCHAREST (Romania), May 25 (SeeNews) - Standard&Poor's Ratings Services said on Friday it has affirmed its 'BB+/B' long- and short-term foreign and local currency sovereign credit ratings on Romania.

Bosnian Share Indices Close Mixed This Week

Fri, 25 May 2012 19:31:48 +0300

SARAJEVO (Bosnia and Herzegovina), May 25 (SeeNews) - The share indices of Bosnia's two bourses ended mixed this week, stock exchange data showed.

Final Results Confirm Presidential Win of Opposition Candidate – Serbian Govt

Fri, 25 May 2012 19:27:04 +0300

BELGRADE (Serbia), May 25 (SeeNews) – Opposition candidate Tomislav Nikolic has won Serbia's presidential run-off, the government in Belgrade said, quoting final data from the country's electoral commission.

BP Says Considers Shorter Alternative Options for Nabucco Gas Pipeline

Fri, 25 May 2012 19:26:58 +0300

SOFIA (Bulgaria), May 25 (SeeNews) – British Petroleum, which is part of the Shah Deniz consortium - a key supplier of gas from an Azeri field to the planned Nabucco pipeline, said it is considering shorter alternative options for the pipeline, originally designed to run from the Caspian region to Austria via Turkey.

Macedonia’s NLB Tutunska Banka Q1 Net Profit Rises 6.0% Y/Y

Fri, 25 May 2012 19:20:10 +0300

SKOPJE (Macedonia), May 25 (SeeNews) - Macedonia’s NLB Tutunska Banka said its net profit rose to 112.8 million denars ($2.3 million/1.8 million euro) in the first quarter of 2012 from 106.7 million denars a year earlier.

Slovenian Blue-chip Index Rebounds

Fri, 25 May 2012 18:56:40 +0300

LJUBLJANA (Slovenia), May 25 (SeeNews) - The blue-chip index of the Ljubljana bourse rebounded in lower turnover on Friday, stock exchange data indicated.

Belgrade Bourse Stock Indices Continue Slide

Fri, 25 May 2012 18:51:50 +0300

BELGRADE (Serbia), May 25 (SeeNews) – The Serbian stock indices ended another session in the red on Friday as daily turnover tumbled, bourse data showed.

Romanian Stock Indices Close Mostly Up

Fri, 25 May 2012 18:42:30 +0300

BUCHAREST (Romania), May 25 (SeeNews) - All but one of the Romanian stock indices advanced on Friday as turnover fell, stock exchange data showed.

Bosnia's Three Power Utilities Partner To Seek EIB Funding

Fri, 25 May 2012 18:19:56 +0300

SARAJEVO (Bosnia and Herzegovina), May 25 (SeeNews) - Bosnia's Elektroprivreda BiH (EPBiH) announced on Friday an initiative bringing together the country's three power utilities in a bid to seek jointly project funding from the European Investment Bank in the area of electricity distribution.

Macedonia’s Prilepska Pivarnica 2011 Audited Net Profit Falls 11%

Fri, 25 May 2012 18:19:14 +0300

SKOPJE (Macedonia), May 25 (SeeNews) - Macedonian brewer and soft drinks producer Prilepska Pivarnica said its audited net profit fell to 85.7 million denars ($1.8 million/1.4 million euro) in 2011 from 96.3 million denars a year earlier.

Romania 4-mo Cons Budget Deficit Widens to 0.83%/GDP

Fri, 25 May 2012 17:59:13 +0300

BUCHAREST (Romania), May 25 (SeeNews) - Romania had a consolidated budget deficit of 5.0 billion lei ($1.4 billion/1.1 billion euro) in January-April, equivalent to 0.83% of the gross domestic product (GDP) projected for the year, the finance ministry said on Friday.

ROMANIA 4-MO CONS BUDGET GAP WIDENS TO 0.83%/GDP FROM 0.75%/GDP YR-AGO - FIN MIN

Fri, 25 May 2012 17:42:56 +0300

Raiffeisen Bank Intl Q1 After-tax Profit in Serbia Surges 88% Y/Y – Table

Fri, 25 May 2012 17:14:56 +0300

BELGRADE (Serbia), May 25 (SeeNews) – Raiffeisen Bank International (RBI) said its after-tax profit from operations in Serbia surged 88% on the year to 15 million euro ($18.9 million) in the first quarter of 2012.

Total 210,000 Shares of Romania’s Transelectrica Trade on Bourse

Fri, 25 May 2012 17:10:21 +0300

BUCHAREST (Romania), May 25 (SeeNews) - A total of 210,000 shares, equal to a 0.028% stake in Romanian power grid operator Transelectrica [BSE:TEL], traded on the Bucharest bourse for 2.36 million lei ($661,500/527,700 euro), stock exchange data showed.

Slovenia's Luka Koper Q1 Cons Net Profit Down 40% Y/Y

Fri, 25 May 2012 17:05:21 +0300

LJUBLJANA (Slovenia), May 25 (SeeNews) - Slovenian port operator Luka Koper said on Friday its consolidated net profit fell 40% on the year to 2.6 million euro ($3.3 million) in the first quarter of 2012 as operating revenues rose 3.0% to 36.4 million euro.

Societe Generale Banka Srbija Posts Q1 Net Profit of 513 Mln Dinars (4.4 Mln Euro)

Fri, 25 May 2012 16:33:22 +0300

BELGRADE (Serbia), May 25 (SeeNews) - Societe Generale Banka Srbija posted a net profit of 513 million dinars ($5.6 million/4.4 million euro) in the first quarter of 2012, company data indicated.