SeeNews The corporate wire

Kaufland to open six more stores in Bucharest by 2015

Wed, 19 Jun 2013 15:56:20 +0300

BUCHAREST (Romania), June 19 (SeeNews) - German retailer Kaufland plans to open six more stores in Romania's capital Bucharest by 2015, it said.

EBRD 2013 view on Croatian economy turns negative, 0.3% drop fcast

Wed, 19 Jun 2013 15:30:57 +0300

ZAGREB (Croatia), June 19 (SeeNews) - The European Bank for Reconstruction and Development (EBRD) said it has revised its outlook on the Croatian economy for 2013 and now expects a 0.3% contraction instead of the 0.8% growth projected in January.

Bulgarian fuel/building materials retailer Toplivo to skip 2012 dividend

Wed, 19 Jun 2013 15:27:51 +0300

SOFIA (Bulgaria), June 19 (SeeNews) - Bulgarian fuel and building materials retailer Toplivo [BUL:3TV] said it will distribute no dividend for 2012.

IMF mission visits Moldova June 19-24

Wed, 19 Jun 2013 15:26:31 +0300

CHISINAU (Moldova), June 19 (SeeNews) - A mission of the International Monetary Fund (IMF) headed by Max Alier is paying a visit to Moldova between June 19 and June 24, the government in Chisinau said on Wednesday.

Serbian fin min says govt plans mining co sell-off, Belgrade airport lease - media

Wed, 19 Jun 2013 15:20:15 +0300

BELGRADE (Serbia), June 19 (SeeNews) - Serbian finance minister Mladjan Dinkic said that the government has reached a consensus on the privatisation of underground coal mining company JP PEU Resavica and on offering a long-term lease on Belgrade's Nikola Tesla airport, local media reported on Wednesday.

Serbian govt looks to budget revision to save 37 bln dinars (325.1 mln euro) - media

Wed, 19 Jun 2013 15:01:48 +0300

BELGRADE (Serbia), June 19 (SeeNews) - The Serbian government is planning to save 37 billion dinars ($433.7 million/325.1 million euro) through a budget rebalance, local media reported on Wednesday, quoting finance minister Mladjan Dinkic.

Turkey’s c-bank keeps short-term interest rates on hold

Wed, 19 Jun 2013 14:50:22 +0300

ANKARA (Turkey), June 19 (SeeNews) – Turkey's central bank said it decided to keep its short-term interest rates unchanged.

Romania's UniCredit Tiriac Bank sets bond coupon rate at 6.35%

Wed, 19 Jun 2013 14:45:01 +0300

BUCHAREST (Romania), June 19 (SeeNews) - Romania's UniCredit Tiriac Bank has set the coupon rate at 6.35% for its five-year 500 million lei ($148.9 million/111.9 million euro) unsecured bond issue launched on June 14, Romania's securities commission said on Wednesday.

Bulgaria’s Unipack to pay gross dividend of 0.02 euro/share for 2012

Wed, 19 Jun 2013 14:38:50 +0300

SOFIA (Bulgaria), June 19 (SeeNews) - Bulgarian paper and packaging maker Unipack [BUL:3U9] will pay a gross dividend of 0.04 levs ($0.03/0.02 euro) per share for 2012, it said on Wednesday.

Rusgeocom BG calls tender for seismic services in northeastern Bulgaria – TED

Wed, 19 Jun 2013 14:34:10 +0300

SOFIA (Bulgaria), June 19 (SeeNews) - Bulgarian company Rusgeocom BG has invited bids for seismic services for oil and gas exploration in the northeastern town of Dobrich under a contract estimated at 2.6 million levs ($1.8 million/1.3 million euro), a notice in the EU’s procurement journal showed on Wednesday.

Bulgaria’s Solvay Sodi to pay gross dividend of 5.358 euro/share

Wed, 19 Jun 2013 14:10:27 +0300

SOFIA (Bulgaria), June 19 (SeeNews) – Bulgarian soda ash maker Solvay Sodi said on Wednesday it will pay a gross dividend of 10.48 levs ($7.176/5.358 euro) per share for 2012.

Serbia's NIS, Falcon Oil&Gas start well drilling in Hungary

Wed, 19 Jun 2013 13:56:10 +0300

BELGRADE (Serbia), June 19 (SeeNews) - Serbian oil and gas company NIS [BEL:NIIS], together with peer Falcon Oil&Gas, have started drilling operations in the Mako Through in Hungary, Falcon Oil&Gas said.

European Commission oks tweaks to Croatia's 3.Maj restructuring plan

Wed, 19 Jun 2013 13:47:19 +0300

ZAGREB (Croatia), June 19 (SeeNews) - The European Commission said on Wednesday it has authorised under EU state aid rules an amendment to the restructuring plan for Croatian shipyard 3.Maj.

Russia repays $288.8 mln in USSR-era debt to Serbia

Wed, 19 Jun 2013 13:32:47 +0300

BELGRADE (Serbia), June 19 (SeeNews) - Russia has repaid $288.8 million (216.5 million euro) in USSR-era debt to Serbia, the Russian finance ministry said.

Bulgaria Air to launch Sofia-Budapest flights on June 24

Wed, 19 Jun 2013 13:30:16 +0300

SOFIA (Bulgaria), June 19 (SeeNews) - Flag carrier Bulgaria Air will launch flights from Sofia to Hungary's Budapest on June 24, Sofia Airport said on Wednesday.

Bulgaria relaunches tender for Burgas fishing port reconstruction – TED

Wed, 19 Jun 2013 12:36:45 +0300

SOFIA (Bulgaria), June 19 (SeeNews) - Bulgaria’s Black seaside town of Burgas has invited again bids for the reconstruction of Sarafovo fishing port worth 9.5 million levs ($6.6 million/4.9 million euro), a notice in the EU’s procurement journal indicated on Wednesday.

Zagreb airport 5-mo passenger traffic rises 2.8%

Wed, 19 Jun 2013 12:29:29 +0300

ZAGREB (Croatia), June 19 (SeeNews) - Passenger traffic at the Zagreb airport rose 2.8% to 833,640 through May, company data indicated.

U.S. co Lufkin Industries officially opens $140 mln plant in Romania

Wed, 19 Jun 2013 12:22:18 +0300

BUCHAREST (Romania), June 19 (SeeNews) - U.S. producer of oil field equipment and power transmission products Lufkin Industries said on Wednesday it officially opened a $140 million (104.5 million euro) plant near Ploiesti, in southern Romania.

EBRD set to invest 500 mln euro in Romania in 2013

Wed, 19 Jun 2013 11:32:09 +0300

BUCHAREST (Romania), June 19 (SeeNews) - The European Bank for Reconstruction and Development (EBRD) said it is likely to invest another 500 million euro ($670 million) in 2013 in Romania.

Eight show interest in privatisation of Romania's Cupru Min - econ min

Wed, 19 Jun 2013 11:19:33 +0300

BUCHAREST (Romania), June 19 (SeeNews) - The Romanian economy ministry said it has received eight letters of intent for the privatisation of mining company Cupru Min.