SLOVENIA
Koper port joins Silk Road initiative
The operators of the ports in Slovenia's Koper and China's Ningbo have signed an agreement on cooperation to increase trade between China and central and eastern Europe. Slovenia's Luka Koper thus officially became a part of the China-led initiative for the new Silk Road.
Source: STA
Cinkarna surprised at withdrawal of takeover bid
Chemical company Cinkarna Celje has expressed surprise after a prospective buyer withdrew a takeover bid saying it had not been enabled to conduct due diligence of the company in time.
Source: STA
INTERNATIONAL MARKETS
Euro Falls Sharply After ECB
The EURUSD decreased 0.0006 or 0.05% to 1.1561 on Friday June 15 from 1.1567 in the previous trading session after ECB stated it will buy goverment bonds in capacity of 30 mrd EUR until spetember and in capacity of 15 mdr EUR per month from september until december 2018.
Source: STA
SERBIA
Government considering reducing fuel charges – Excise taxes not priority for IMF
The head of the mission of the International Monetary Fund (IMF) to Serbia, James Roaf, believes that excise taxes should not be a priority and that the rising prices of fuel in the past year were a result of the rising prices of oil, not the increase of excise taxes. At a joint conference with representatives of the Government of Serbia and the National Bank of Serbia, Roaf said that, in the context of the growth of the economy, VAT and excise taxes were “good taxes” and that a reduction of the labor tax or parafiscal charges would have a much greater effect.
Source: Ekapija
Arrival of Vinci will improve Serbia's image with investors
The French concern Vinci was recently awarded the concession for the management of the Belgrade Nikola Tesla Airport, and Ambassador of France to Serbia Drederic Mondoloni says in his interview with eKapija that “this big investment for Vinci is an excellent example of the cooperation between our two countries”. Vinci Group is one of the world leaders in airport management. It is supposed to turn the Belgrade Airport into a regional hub capable of attracting many companies to invest in Serbia – Mondoloni explains and adds that “this investment will also contribute to the improvement of the country's image with potential investors”.
Source: Ekapija
Turkish Cengiz Holding interested in RTB Bor
RTB Bor has attracted attention from Russian and Chinese investors, and for the first time, a Turkish company is interested – Cengiz Holding, owned by Mehmet Cengiz, a businessman and a good friend of Turkish President Tayyip Recep Erdogan. Serbian President Aleksandar Vucic confirmed that the Turkish investor was interested in RTB Bor while attending the commissioning of the Trans-Anatolian Natural Gas Pipeline (TANAP) in Turkey.
Source: Ekapija
