SLOVENIA
SBITOP lost 0.12 percent reaching 809.49 points
The most traded stocks were the stocks of Krka (KRKG) which lost 1.05 percent. Otherwise the biggest gainer of the day was Petrol (PETG) with 1.78 percent increase, on the basis of very good financial results for the financial year 2017 and promising dividend outlook.
European Commission announces Slovenia has fixed its economic imbalances
The European Commission announced on Wednesday that Slovenia had fixed its economic imbalances six years after it entered the excessive macroeconomic imbalances procedure.
Source:STA
INTERNATIONAL MARKETS
BASF in the process of acquisition of the Bayer Division for the production of seeds
The German chemical concern BASF announced that it is in "exclusive talks" with the pharmaceutical concern Bayer to buy its division for the production of vegetable seeds. Bayer wants to sell out part of his portfolio before the planned acquisition of the US rival Monsanto, according to a French news agency AFP.
SERBIA
NBS: Meeting of the NBS Executive Board postponed
The rate-setting meeting of the NBS Executive Board scheduled under the Tentative Calendar of Regular Executive Board Meetings for 8 March will be held on 14 March 2018 due to other commitments of
Board members. At its last meeting on 8th February, the Board decided to kep the rate unchanged at 3.5%.
Source: NBS
Serbia to enhance cooperation with Albania after 30 years – Ministers of agriculture announce two agreements
Serbian Minister of Agriculture, Forestry and Water Management Branislav Nedimovic and Albanian Minister of Agriculture and Rural Development Niko Peleshi discussed the enhancement of the cooperation of the two countries, Nedimovic's cabinet reported. It was pointed out that the meeting of the delegations of Serbia and Albania was the first one after thirty years, and that a further development of the trade between the two countries was therefore of great importance. Nedimovic pointed out that the export of pork was important for Serbia, but that the opening of markets in which Serbian products are not present was important as well.
Source: Ekapija
Continental opens Center for Research and Development in Novi Sad – Germans to employ another 500 workers
The German company Continental opened the Center for Research and Development in Novi Sad today, and, as said at the opening, two business units will develop systems of electronic control of vehicle interiors and electronic control of vehicle safety. The company has already hired 100 engineers for high-tech projects and product development in Novi Sad, it was said at the opening.
Source: Ekapija
