SLOVENIA
Slovenia, Croatia continue joint tourism promotion in China
The Slovenian Tourist Board (STO) and the Croatian National Tourist Board (HTZ) are continuing a joint promotional campaign on the Chinese market, also as of late supported with funds from the European Travel Commission (ETC).
Source: STA
Bobinac gets vice-president post in Hisense International
Franjo Bobinac, who has remained chairman of household appliances maker Gorenje after the takeover by Hisense, has been appointed by the management board of the Chinese group vice-president for global marketing in Hisense International, which manages international activities of Hisense.
Source: STA
Slovenian banks made EUR 323m in pre-tax profit in H1, up 27% y/y
Slovenian banks generated EUR 322.9m in pre-tax profit in the first half of the year, a 26.5% year-on-year increase. Profit after taxes was up 25.3% to EUR 295.7m. The total assets of the banking system rose by more than EUR 0.5bn to EUR 38.5bn, shows Banka Slovenije's report released on Tuesday.
Source: STA
INTERNATIONAL MARKETS
S&P 500 closes at record, briefly hits 2,900 for the first time as trade fears ease; Europe holds steady at the close after US-Mexico trade deal; miners outperform
Stocks closed slightly higher on Tuesday, boosted by an improved outlook on global trade after the U.S. and Mexico struck a deal. The S&P 500 rose marginally to 2,897.52, but posted a record close and briefly broke above 2,900 for the first time ever. The Nasdaq Composite also hit a record high, climbing 0.1 percent to 8,030.04 as Apple rose 0.8 percent. The Dow Jones Industrial Average advanced 14.38 points to 26,064.02. Footwear retailer DSW rose more than 20 percent after reporting better-than-expected quarterly earnings. Tiffany shares also rose 1 percent on stronger-than-forecast earnings. European markets ended on a mixed note at Tuesday's close, with risk appetite sharpened by news the U.S. and Mexico had reached a deal to overhaul the North American Free Trade Agreement. The pan-European STOXX 600 was off 0.03 percent by the close, with sectors pointing in different directions at the end of market trade. Looking at individual stocks, brewer Royal Unibrew saw shares surge after the company reported stronger-than-anticipated second-quarter figures. The Copenhagen-listed stock also upwardly revised its guidance for the third time this year. The Danish company climbed 4.82 percent. Meanwhile, Sydbank tumbled to the bottom of Europe's benchmark after it missed analyst expectations for the first half of the year. Its shares sank over 11 percent by the close.
Source: CNBC
SERBIA
NIS makes dividend payments to shareholders – Nearly RSD 7 billion paid to the accounts
On August 27, NIS paid dividends to its shareholders with the amount of 6,948,003,644 dinars allocated for the purpose, which is 73 per cent more than the amount paid for the dividends last year, the company announced. All shareholders who were registered in the Central Securities Register, Depository and Clearing House as share owners on the Shareholders Day of the tenth NIS Shareholders Assembly regular session, that is June 11 2018, were entitled to the dividend payout, the press release says. The citizens of Serbia who own shares of NIS were paid 36.22 dinars per share, which is the amount that is obtained when the 15-per-cent tax, which NIS is obliged to pay for the shareholders in the payment of dividends, gets deducted from the gross dividend per share (42.61 RSD).
Source: Ekapija
Two offers for RTB opened
Tender Commission for privatization of RTB Bor, opened two offers. The first one is from Russian Ju Gold and the second is from Chinese Zijin. Canadian offer failed to fulfill requested criteria. The winner should be selected during September, while strategic partner should official take over the management over RTB in early 2019.
Source: Beta, Ilirika
Shandong Linglong to boost Serbia's tyre output by one-third
Chinese company Shandong Linglong's investment in Serbia is expected to increase the country's rubber tyres production by one-third, the head of Serbia's rubber industries association, Dragan Stevanovic, said. The Chinese company is expected to export the bulk of its production, which will keep positive Serbia's trade balance in the tyre segment, Stevanovic said in a video file posted on the website of news agency Tanjug on Friday.
Source: Seenews
