ISI Intellinews

The former Bosnian Serb president, Biljana Plavsic, was released from Swedish prison and arrived in Belgrade . We note that Plavsic was released on parole after serving two-thirds of her ##-year jail sentence for war crimes.

Theauthorities might delay the decision on issuing as second fixed-line telephony license if the bids in the planned tender turn out to be low, telecom minister Jasna Matic stated.

In the first nine months of the year, depositors placed a total of EUR ###mn in Serbian banks after withdrawing some EUR #bn in the last few months of #### as global financial crisis started to spill over in Serbia

Deputy PM and Pensioners Party leader (PUPS) Jovan Krkobabic met with IMF mission representatives to discuss possibilities for cutting public spending.  During the meeting with the head of the IMF mission, Albert Jaeger, Krkobabic said that the pension levels in

Serbia is close to reaching a deal with the International Monetary Fund (IMF) on #### budget, finance minister Diana Dragutinovic has stated. Next year#;s budget revenues are projected at between RSD ###bn-RSD ###bn, the minister said, adding that

Domestic car producer Bohdan corporation is forecasting that its production facilities will operate at ##-##% of their capacity in ####, the corporations President Oleh Svynarchuk announced at AutoPROm.Ua ####.

Prominvestbank finished Q# at a loss of UAH ###.###mn. The bank posted loss of UAH ###mn in Q#, UAH ###.###mn in Q# and UAH #,###.###mn in Jan-Sep. In Q#, the lender#;s assets grew by

Citibank ( Ukraine ) posted a net profit of UAH ###.###mn in Q#. The bank received a net profit of UAH ###.##mn in Q#, UAH ##.#mn in Q# and UAH ###.##mn in Jan-Sep.

Commodity exports from Ukraine totalled USD ##.##bn in Jan-Aug, down by ##.#%, imports - USD ##.##bn down by ##.#% y/y. According to the data of the State Committee of Statistics of Ukraine, the share of

The Regional Development and Construction Ministry proposed to the Chinese government to participate in implementation of investment projects in the field of construction of infrastructure facilities to the tune of UAH ###bn, minister Vasyl Kuibida says.

The International Monetary Fund (IMF) insists domestic authorities have to refuse from using the NBU#;s revenues (UAH #.#bn) for funding the Euro #### football championship.

One of the largest conglomerates in the country, Koc Holding, informs that the holding company signed a memorandum of understanding (MOU) with GE#;s subsidiary GE Power & Water to refine and purify sea and polluted water.

Russian energy minister Sergei Shmatko announces that the Russian and Turkish authorities agreed on building a refinery in Ceyhan in order to market the oil products jointly.

The energy market regulatory authority decided to launch an investigation into Petrol Ofisi for allegedly violating fuel standards, according to media reports.

Provider of airport ground handling services Celebi Hava Servisi informs in a filing with the Istanbul Stock Exchange that it decided to participate in the tender to be held for cargo handling operations at India #;s Chhatrapati International Airport .

Tourism revenues declined by #.#% y/y to USD #.##bn in Q#, according to data of the statistics institute. In the third quarter, however, the number of tourists visiting the country was up #.#% y/y to

Telecommunication infrastructure solutions provider Anel Telekomunikasyon Elektronik Sistemleri informs in a statement issued to the Istanbul Stock Exchange that it signed a USD #.##mn (excluding VAT) contract with TT Net.

Local chemicals and wood based products manufacturer HayatHolding informs that the holding company has cancelled its plan to acquire a ##.#% stake in retail chains A### jointly owned by the Zapsu family and  Bank Asya.

Iron and steel producer Izmir Demir Celik Sanayi discloses to the Istanbul Stock Exchange that it signed an agreement on Oct ## to purchase a ##,### DWT ship for a consideration of USD ##.#mn.

One of the largest commercial lenders, Akbank, increased its net profit by ##.#% y/y to TRY #.##bn (EUR ###.#mn) in Jan-Sep. The bank#;s net profit rose to TRY ###.# mn in Q# from

One of the country#;s largest white goods producers Arcelik lifted its net profit to TRY ###.#mn (EUR ###.#mn) from TRY ###.#mn net profit recorded in the same period last year.

PM Recep Tayyip Erdogan travelled to Iran for talks focused on improving bilateral ties. Erdogan met with Iran #;s President Mahmoud Ahmedinejad on Tuesday.

One of the country#;s largest white goods producers Arcelik lifted its net profit to TRY ###.#mn (EUR ###.#mn) from TRY ###.#mn net profit recorded in the same period last year.

Russian energy minister Sergei Shmatko announces that the Russian and Turkish authorities agreed on building a refinery in Ceyhan in order to market the oil products jointly.

Tourism revenues declined by #.#% y/y to USD #.##bn in Q#, according to data of the statistics institute. In the third quarter, however, the number of tourists visiting the country was up #.#% y/y to

Industry and trade undersecretary Ali Boga told news agency Anadolu that exports are expected to exceed USD #bn this month, without providing details.

The calendar-adjusted industrial production index was down #.#% y/y in August, the statistics institute announces. A month earlier the decline in the index was a sharper #.#%.

Fitch placed Turkey #;s Long-term foreign currency Issuer Default Rating (IDR) of "BB-"and Long term local currency IDR of "BB" on Rating Watch Positive (RWP).

The central bank yesterday (Oct ##) released its regular inflation report, which contains minor revisions to inflation forecasts based on the bank#;s changed assumptions on oil and food prices.

Opposition SMK would manage to enter the parliament although its support fell by around #pps m/m to #.#% or just above the threshold, according to the latest poll of the Focus agency in October.

Chemical producer Chemlon decided to lay off all of its ### workers, a spokesman for the parent company, Assets Management, Vladimir Bacisin, disclosed.

German cosmetics retail chain Drogerie Markt (DM) generated EUR ##.#mn revenues from its Slovak operations for the fiscal year, ending on Sep ##, company spokeswoman Zuzana Vinklerova informed.

State-owned postal services provider Slovenska Posta should just break even for the full ####, the company CEO Libor Chrast stated. He pointed out that cost savings measures would offset an expected revenue fall and help for avoiding going into

The construction of the two new blocks at the Mochovce nuclear power station would be completed within the current deadlines, the new project manager for the investment, Igino Chellini, declared.

Mid-sized Postova Banka registered a net profit of EUR ##.#mn for the Q#-Q# period, rising by ##.#% y/y, the bank reported. A significant part of the improvement was due to an EUR #.#mn profit

The parliament approved the widening of the state budget deficit to EUR #.#bn for ####, compared to the original EUR #bn target. As we reported earlier, the upward update of the planned deficit was prompted by the revenue loss

As announced by the company, steel maker#;s Magnitogorsk Iron and Steel Works (MMK) RAS net profit dropped by ##% y/y to RUB ##.##bn (USD ###.#mn) in Jan-Sep ####.

Heavy vehicle producer KAMAZ reported a net loss under RAS of RUB #.##bn (USD ##mn) in Jan-Sep #### vs. net profit of RUB ##mn for the same period last year.

As announced by the company, Russian-British oil major#;s TNK-BP US GAAP net profit dropped by ##% y/y to USD #.##bn in Jan-Sep ####. The decrease in net profit was attributed to negative effects of

CBR#;s latest stress tests of the banking sector shows that currently there are about ## banks whose financial stability level is problematic, first deputy head of CBR Gennady Mekilyan announced.

As announced by FinMin, it failed to auction a placement of government funds for short term deposits on Oct ## due to absence of bids from the credit institutions.

As announced by CBR , it auctioned RUB ##.#bn (USD ###mn) of five-week unsecured loans on Oct ## out of total of RUB ##bn proposed. The funds are going to be borrowed at an average rate of ##.##

According to CBR , the growth of national definition monetary supply (M#) was negative at #% y/y in September.  In September decline of the indicator somewhat moderated accelerating for the previous # months (from -#.#% y/y in May

The Parliament will give its final vote on the cabinet proposed by Lucian Croitoru on November #, after the expert committees will interview individually the would-be ministers.

The interim cabinet of PM Emil Boc will reportedly pass today the controversial bill on the formation of two large national power generation holdings.

Telecom operator Cosmote Mobile Telecommunications will take over Telemobil, the operator of local network Zapp, after the antitrust body approved the deal.

International rating agency Fitch Ratings revised downwards the individual rating for the largest local lender, BCR bank, from C/D to D, citing the significant impact of provisions increase upon profitability and capitalization.

The differential between deposit and credit interest rates for local currency is much too wide and this does not seem to be an optimal decision for the banks, central bank#;s chief-economist Valentin Lazea said during a conference on

An IMF team is expected to arrive for the second quarterly review of the two-year SBA, one week than initially scheduled, in spite of the political turmoil that will very likely cause failure to meet several key performance criteria

Construction company Budimex, majority-owned by Spain#;s Grupo Ferrovial, expects its consolidated net results in #### to exceed analysts#; expectations, the company#;s CEO Dariusz Blocher has said.

Ukraine#;s companies Sintal Agriculture and Daktor Agro Holding are considering debuts on the Warsaw Stock Exchange (WSE) in ####, the Parkiet daily has reported.

Vertically-integrated power company Energa has signed an agreement with Electricity Supply Board (ESB), Ireland #;s state-owned electricity company, on the construction and launch of a natural gas-fired power plant with the capacity of ### MW, several newspapers

The Polish-Russian negotiations on deliveries of additional #bn cu.m. of natural gas may still drag on despite progress achieved at a Monday meeting in Moscow , a Polish source close to the negotiations has told Reuters.

The issue price in the country#;s biggest vertically-integrated energy company PGE#;s initial public offering of ###.#mn new-issue shares (##% of increased capital) has been set at PLN ##.## compared to the preliminary price range

The finance ministry is to offer Treasury bonds maturing in November, #### of DS#### series and papers maturing in January, #### of DZ#### series, and papers maturing in March,#### of K#### series at an auction on Thursday (Oct ##).

The economic growth will likely amount to #.#% in #### and will go up to #.#% in ####, according to the latest macroeconomic forecasts published by the Gdansk Institute for Market Economics (IBnGR).

The economic growth accelerated to #.#-#.#% y/y in Q#/#### and should exceed #.#% in Q#/#### (vs. #.#% and #.#% in the first two quarters of the year, respectively), which would mean

The sentiment of entrepreneurs investing in Poland has improved slightly this year compared to previous two years, amounting to #.#pts vs. the average of #.#pts in ####- #### in the scale of #-#pts, the Polish Information and

Skopje-registered air carrier Skywings will invest EUR ###,### in the construction of a small hotel near the capital#;s airport. The construction works will begin  in March #### and the hotel will be put into operation three months later.

A total of ##.#% of the households had Internet access from home in the first quarter of ####, data from the statistical office showed. As many as ##.#% had computers.

Managers, surveyed by the statistical office, showed that the business climate is getting more unsatisfactory in September compared to the past months and even worse on annual basis because of the pessimistic perspectives regarding orders in the production industry.

Industrial production drop remained almost unchanged and stood at #.#% y/y in September after #.#% drop in August and a sharper decrease of ##.#% y/y in July, the statistical office reported.

The IMF softened its forecasts for contraction of Macedonia #;s economy in #### to #-#.#% instead of the previously announced #.#% decrease, the head of the IMF mission to Macedonia Wes McGrew said upon the completion of

The ruling parties lose popularity, the latest opinion poll conducted by the Centre for Democracy and Human Rights (CEDEM) shows. This is a rather expected result, having in mind the local repercussions from the global financial and economic crisis.

The country#;s sole thermo power plant in Pljevlja is to relaunch operations in the next ## days, a statement from the company reads. The plant stopped production in mid-May for planned #-month capital repairs.

The finance ministry reported that the latest issue of #-month T-bills attracted high interest. The issue was of only EUR #mn, while the demand reached EUR ##.#mn.

Oil company Jugopetrol announced it increased fuel prices by about #.#% on average. The price of super ## was raised by #.#% to EUR #.## per litre as of Oct ## and that of unleaded petrol by

Lithuanian bank Snoras issued total of LTL #.#mn (EUR #.#mn) in student loans in the first week of student loans issuing. The bank will continue signing agreements till Nov ##.

Lithuanian retail revenues declined by ##.#% y/y in September and amounted to LTL #.#bn (EUR #.#bn), Statistics Lithuania announced. Motor vehicles retail declined by ##.#% y/y in September, while other retail excluding motor vehicles

Lithuanian GDP declined by ##.#% y/y in Q# and amounted to LTL ##.#bn (EUR #.#bn), Statistics Lithuania announced its preliminary figures. In q/q terms in Q# GDP increased by ##%.

According to the SEB Bank#;s Business Environment Overview study, ##% of owners and executives of Latvian enterprises are expecting the economy to reach the lowest point of the recession in ####.

According to the study carried out by the Welfare Ministry, ##% of the residents are ready to receive so-called "envelope" salaries as remuneration for their work.

As announced by the FinMin Einars Repse, the real estate tax that the government approved introducing is most likely going to be increased after ####.

According to the survey performed by TNS Emor pollster, in October support for Reform Party increased by #pps m/m. In October ##% of the eligible voters would support government-forming Reform Party.

Estonian company operating in automated parcel pick-up systems announced that it would start to provide its services in Milan , Italy . CEO of the company Indrek Oolup said that the company provided local parcel services company and subsidiary of Italian

Estonian investment bank Evli Bank acquired Canegie#;s Asset Management operations in Finland . The company as well signed cooperation agreement with Carnegie to represent its international funds in Finland .

As reported by Bloomberg citing the statement of IMF mission in Estonia , IMF beliefs that #### budget deficit complying with Maastricht criteria of not exceeding #% of GDP is the main challenge for adopting euro in ####.

Kazakh president Nursultan Nazarbayev has stated that Russian language is objectively a language of interethnic relations and it should not be compared with state language – Kazakh.

Egypt Air will start regular flights at Kair-Almaty route in November, Sami Mahmud Egyptian minister of transportation has stated. He added that the flights will be operated twice a week by new aircrafts Boeing ###-###.

National railway carrier Kazakhstan Temir Zholy (KTZ), Russian bank Vnesheconombank and Russian corporation Uralvagonzavod entered into memorandum on cooperation.

Chinese Sinopec wins USD #bn contract for modernization of Kazakh refinery in Atyrau, Kazakh national oil and gas holding KazMunayGas stated. The relevant agreement will be signed on Oct ##.

Finance minister Tendai Biti said the government will this week float USD #mn in grain bills to buy surplus maize from farmers, who are expected to sell ###,### tonnes of their crop to the market.

Shoprite Holdings Ltd said turnover for the three months to end-September rose by ##.#%, increasing its market share by #.#%. According to Reuters, Shoprite, which operates supermarkets in more than ## African countries, said sales growth in

Reuters reported Coal of Africa (CoAL) said it expects to start production at its Vele coking coal project in South Africa by April next year if the government grants it a licence as expected this quarter, after having earlier expected