SERBIA:

First IPO at Belgrade Stock Exchange by mid-2018 – Fintel Energija expects to gather EUR 15 million
The first Initial Public Offering (IPO) should be realized at the Belgrade Stock Exchange (BSE) by mid-2018, after 78 years, and the company in question is Fintel Energija a.d, a daughter-company of Fintel Energia S.p.A. For nine months now, there have been efforts towards to IPO process for this energy company and we expect that the Belgrade Stock Exchange might get the first IPO in the first half of the year – the director of the BSE, Sinisa Krneta, told Beta. An amount of EUR 15 million is expected to be gathered, and the money is to be invested in the second phase of the 177-MW Kosava wind farm, as well as other projects in development.
Source: Ekapija

PM has "important meetings with investors" in Davos
Prime Minister Ana Brnabic has told RTS in Davos that Serbia is "increasingly present in world trends." Brnabic also noted that during her stay at the World Economic Forum in Davos she had several important meetings with investors. She assessed that the most significant were meetings with companies that already operate in Serbia, and from whom she received confirmation that they are interested in expanding their business. She said she spoke with presidents of large corporations, such as Tarkett, Japan's Itocha and French Suez, who were interested in her vision of further development of Serbia, stability for business and new opportunities, because they want to expand their presence in Serbia.
Source: b92

Greece’s Mytilineos requiring another USD 60 million from Serbia
In addition to the amount of USD 40 million, which Serbia is to pay to Mytilineos in installments, the company has filed another, bigger repayment request to the court of Athens, Politika reports. Even if Serbia pays the amount of USD 40 million in full, the country will still have obligations towards this Greek company. As can be seen from the reports of the Anti-Corruption Council, published on January 25, 2018, in addition to the arbitration in Geneva, a process that Serbia has lost, there is another court dispute currently in progress. Mytilineos sued RTB Bor at the first-instance court in Athens, requiring USD 60 million in damages, as the company failed to adhere to three contracts signed in the send half of the 1990s, Politika reports.
Source: Ekapija

REGION:

Slovenian SBITOP jumps 0.3%, led by Gorenje and Mercator
Slovenian blue-chip index, SBITOP, gained 0.3% on Friday, led by gains at Gorenje and Mercator. The index was up 0.54% on a weekly basis. Gorenje and Merctaor were leading gainers, since these stocks advanced 3.97% and 2.84% respectively. Gorenje said on Wednesday it has started offering a new bond issue totaling a nominal 15 million euro ($18.6 million). The deadline for subscriptions expires at noon on January 29, while the payment deadline is noon on February 1. The annual interest rate on the commercial paper is 1.90%, as the accrual period starts on February 1. Inereuropa and SavaRe lost 1.89% and 0.58%, respectively, while Triglav remained flat, even though the local press speculated that it may acquire Alta.
Source: Ilirika

INO:

Dow pops 224 points, stocks notch record close on strong earnings, European stocks close higher
U.S. stocks closed sharply higher on Friday as quarterly earnings top estimates, while the economy continues to grow. The Dow Jones industrial average rose 223.92 points and hit intraday and closing records. The 30-stock index finished the session at 26,616.71.
AbbVie, Honeywell, Intel and Rockwell are among the latest companies to report better-than expected earnings and revenue.Shares of AbbVie and Honeywell rose 13.8 percent and 1.9 percent, respectively, while Intel gained 10.6 percent. Rockwell advanced 1.7 percent.
Wall Street also digested key U.S. economic data on Friday. The Commerce Department said the U.S. economy grew by 2.6 percent during the fourth quarter of 2017. Economists polled by Reuters expected a gain of 3 percent. Meanwhile, U.S. durable goods orders rose 2.9 percent in December, according to the Commerce Department. Economists expected an increase of 0.8 percent.
European stocks closed higher on the last trading day of the week, as investors digested new earnings reports. The pan-European STOXX 600 closed provisionally almost half a percent higher on Friday, with almost all sectors moving into the black. European bourses were higher, with France's CAC 40 outperforming fellow indexes on the back of strong earnings.
Luxury brand LVMH rose almost 4.9 percent after reporting that revenue had increased by 13 percent, compared to the previous year, coming in at 42.6 billion euros for 2017. The group added that it was "cautiously confident" for 2018, despite uncertainties surrounding geopolitics and fluctuations in the currency market. Other French luxury makers rose near the top of the STOXX 600 on the back of LVMH's results, with Christian Dior up more than 4 percent and Kering up more than 2 percent.At the other end of the benchmark, Gjensidige, sunk 6.6 percent after the insurer posted fourth-quarter profits that came in below expectations.
Source: CNBC