SERBIA:

Serbian capital market awakening – First IPO drawing closer, crowdfunding platform for startups and small companies soon
After nearly eight decades, the first Initial Public Offering (IPO), that of Fintel Energia, a daughter-company of Italy's Fintel Energia S.p.A, should finally be realized at the Belgrade Stock Exchange. As Tiziano Giovannetti, CEO of Fintel Energia S.p.A, said recently, the company is preparing to enter the Belgrade Stock Exchange in the next two months. Judging by earlier announcements, Fintel Energia is expected to collect around EUR 15 million, which it intends to invest in the second phase of the Kosava wind farm, with a capacity of 117 MW, as well as in other projects. In addition to the plan to make big companies offer their shares to investors, the Belgrade Stock Exchange should soon offer a crowdfunding platform to the local market. The platform will act as a market for financing startups and micro, small and medium enterprises.
Source: Ekapija

Serbian legislature to harmonize with EU acquis by the end of 2021
At the proposition of the Ministry of European Integration and Minister Jadranka Joksimovic, the Government of the Republic of Serbia adopted the third revised version of the National Program for the Adoption of the EU Legal Framework (NPAA) at a session held on Thursday, March 1, 2018, as announced on the website of the Government of Serbia. According to NPAA, the plan is to fully harmonize the legislature with the EU acquis by the end of 2021, which is to be followed by a period of monitoring the implementation of the regulations until the accession.
Source: Ekapija

Serbia negotiates about 29,000 of new jobs
Serbia is currently negotiating with foreign companies about 54 investment projects, worth around EUR 2.5 billion, which should provide around 29,000 jobs, says the president of the Chamber of Commerce of Serbia, Marko Cadez. Cadez mentions an investment by a high-tech company which would produce parts for electric cars in Banat and employ more than 1,000 people, whereas another project, also by a big German corporation, would create several thousand jobs in central Serbia. He also said that he was sure than tractors would be produced in Serbia again.
Source: Ekapija

REGION:

SBITOP lost 0.37 percent
SBITOP index colsed at 807.02 points losing 0.37 percent. Shares of SavaRe gained the most at 0.59 percent raise in their market value. Unior (2.91%), Gorenje (2.59%) and and Intereuropa (2.00%) lost the most.
Source: Ilirika

Triglav Group in 2017: Profit Above the Budgeted Level, Performance Impacted by Higher Claims, Reporting Year Marked by Strategic Development Activities
According to unaudited data, Triglav Group generated profit before tax of EUR 84.4 million (planned at between EUR 70–80 million). The parent company ended 2017 with profit before tax of EUR 73.8 million. Return on equity of the Group stood at 9.3%, whilst that of the parent company was 11.0%.
Source: Triglav, LJSE

INO:

Dow closes 336 points higher as trade-war worries ease, Europe ends on a high note despite Italy's political uncertainty, AXA sinks 9.7%
Stocks rose on Monday, erasing earlier losses, as worries about a potential trade war waned. The Dow Jones industrial average closed 336.70 points higher at 24,874.76 after dropping as much as 150 points. Caterpillar was the biggest contributor of gains to the Dow, rising 3.2 percent. The S&P 500 rose 1.1 percent to 2,720.94 after briefly trading lower, with utilities as the best-performing sector. Harley-Davidson, a closely watched stock amid the tariff news, rose 2.4 percent. The Nasdaq composite advanced 1 percent to close at 7,330.70.
We saw no major corporate events, while form the macro side, the US ISM Non-Manufacturing PMI edged down to 59.5 in February from an over 12-year high of 59.9 in January, beating market forecasts of 59. A slowdown was seen in employment growth while production and new orders rose faster, price pressures eased, and the outlook for business conditions and the economy remained positive.
European markets extended gains on Monday to finish the session sharply higher, as investors appeared to brush aside concerns of political gridlock in Italy. The pan-European STOXX 600 closed provisionally higher by 1.04 percent, with the majority of sectors posting strong gains.
Europe's retail stocks performed well on Monday, closing up 1.18 percent amid takeover news. Tesco completed a £4 billion ($5.51 billion) takeover of Booker, creating a new powerhouse in Britain's food market. Tesco's shares jumped 1 percent following the announcement.
Europe's second-largest insurer AXA however slumped 9.7 percent after it agreed to buy Bermuda-based XL Group for around $15 billion.
Source: CNBC, Ilirika