Stock market index SBITOP gained 0.57
The SBI TOP index of blue chips grew by 0.57% to 827.16 points in mixed trading on Monday. Chemical company Cinkarna Celje was the only item to lose ground at 0.99 percent decrease to EUR 201 per stock, while the biggest increase was seen by Sava Re (+1.72% to EUR 17.70). Total turnover was at EUR 730,500.
Adria Airways launching flights to seven new destinations
Adria Airways is launching direct flights to seven new destinations "to connect Slovenia with European cities and the Balkan region even more closely", Holger Kowarsch, the new boss of the Slovenia-based air carrier, announced at a ceremony.
Markets are back and EUR/USD on its path to reach 1.250 level
German DAX index is gaining above a percent in today’s morning trading while EUR/USD continues to gain from yesterday’s 0.74 percent gain, both of which allow for good relative DAX performance compared to US indexes.
AERO: Minorities to be paid dividend for all 25 years – Agreement on concession of Nikola Tesla Airport to be made public in September
All citizens of Serbia who received a free share of the Nikola Tesla Airport (AERO), who didn’t sell it in the meantime, as well as all other minorities, have the right to be paid dividend from the one-off payment of the concession fee by the concessionaire Vinci Airports, but also the dividend for the duration of the 25-year concession, depending on the results of the Airport’s operations, the Government of Serbia told Tanjug. The annual concession fee is also to be paid to the Republic of Serbia and small shareholders as share divided each year – the Government specifies, but also emphasized that “shareholders do not acquire the right to be paid the concession fee by owning shares, but to the dividend based on the profit that AD AERO acquires”. The Government reminds that small shareholders will be paid dividend for 2017, as well as dividend for 2018 based on the results realized by the Nikola Tesla Airport, which, as they point out, remains the airport’s operator and continues with regular activities until the airport operator’s permit is transferred to the concessionaire.
Surce: Ekapija, Tanjug
Chinese Exim Bank to finance construction of section of highway to Montenegro – Loan for Preljina-Pozega road to be approved soon
The Ministry of Construction, Transport and Infrastructure has confirmed to eKapija that the loan from Exim Bank for the financing of the construction of the section of the highway to the Montenegrin border is expected to be approved soon. Regarding the remaining two sections up to the border to Montenegro, a commercial agreement worth EUR 450 million on the first one, from Preljina to Pozega (30.9 km) was signed with the Chinese company CCCC in November 2017 and the loan from the Chinese Exim Bank for the financing of this project is expected to be approved soon – the ministry says for eKapija.
4,000 new construction sites in Serbia a year since the implementation of e-permit
In mid-March 2018, there were 24,716 active construction sites in Serbia, which is 4,000 construction sites more than in 2017, as shown by the latest data from the System for Filing Electronic Applications, run by the Business Registers Agency. The data on the construction and the exploitation permits issued show that, since the start of the reform of construction permits and the adoption of the new Law on Planning and Construction in late 2014, the number of active construction sites has increased by 4,000 annually, the Ministry of Construction says in its press release.