SERBIA:

AERO: French corporation Vinci takes over Belgrade airport for 25 years
A 25-year concession contract for Belgrade's Nikola Tesla Airport (AERO) was signed on Thursday with the French company Vinci Airports. Vinci Airports will pay 417 million euro ($513.2 million) to the Serbian government and 84 million euro to the retail shareholders of airport operator Nikola Tesla for the concession plus an annual concession fee of between 4.4 million euro and 15.1 million euro, the government said in a statement. Moreover, the French company will invest in the rehabilitation and reconstruction of Belgrade airport's main runway, the construction of auxiliary runways and quick exits, the government said. The French company committed to making investments worth 732 million euro during the 25-year term of the concession, the government said back in January.
Source: SeeNews

World Bank supports Serbia with three loans worth EUR 225.7 million
The World Bank announced on March 21 that it had approved three loans in the amount of EUR 225.7 million supporting the Government of Serbia’s efforts to improve its management of public expenditures, to make energy and transport public utilities more efficient and financially sustainable, and to advance the health care of its citizens. As pointed out, the benefit of the first operation, in the amount of EUR 160.6 million, is that people working in Serbian public administration will get equal pay for the same work, whereas public enterprises such as EPS, Srbijagas and Serbian railways will lower their expenses and increase their revenues, while 70,000 households will benefit from support from the Energy Vulnerable Program.
Source: Ekapija

US Embassy in Belgrade invites construction companies for cooperation
The Embassy of the United States of America in Belgrade is organizing an industry day for construction firms interested in competing on US Embassy construction projects, the embassy's website announces. As said, everyone interested is invited to attend the event on March 29, 2018 at the Embassy. The goal is to provide contractors an opportunity to come to the Embassy and meet with key Embassy acquisition officials, learn about working with the Embassy, and to present their firm’s capabilities. There will also be a questions and answers session.
Izvor: Ekapija

REGION:

SBITOP gained 0.65 percent
SBITOP gained 0.65 percent on the Krka's 1,05 gain at 632.99 thusand gain. Other gainers were Petrol (+1.42%) and Telekom Slovenije (1.46%).
Source: Ilirika

The Krka Group sold €1,266.4 million worth of products and services in 2017, up 8% from 2016
Sales in markets outside Slovenia represented €1,178.4 million, accounting for 93% of total sales. The largest sales region was East Europe, where sales totalled €388.2 million, which is 30.7% of overall sales and represents a year-on-year increase by 17%. This was the highest growth recorded among all Krka's sales regions. The Russian Federation remains Krka's key and largest individual market, sales value there amounted to €270.9million, up 20%. Prescription pharmaceuticals recorded a 21% increase and contributed the most to increasing Krka's market share. Double-digit sales growth was also reached in Tajikistan (30%), Armenia (27%), Kazakhstan (22%), Azerbaijan (22%), Ukraine (14%), Belarus (13%), and Georgia (12%).
Source: Ilirika

INO:

Dow drops more than 700 points on trade fears, posts worst day since Feb. 8, European stocks slump at the close as trade fears weigh
U.S. stocks fell sharply on Thursday, pressured by worries of a potential trade war and a decline in tech shares. The broader market was also pressured by a decline in bank stocks. Dow lost 2.9%, S&P500 was down by 2.5%, while Nasdaq slumped 2.4%.
On Thursday, the 10-year Treasury yield posted its biggest one-day drop since September of last year as investors bid up bond prices, while gold futures gained 0.5 percent. Bank stocks, meanwhile, fell along with Treasury yields. Citigroup, J.P. Morgan Chase and Bank of America all closed lower.
Losses in tech also helped stocks fall. Tech shares have been under pressure lately amid a sharp decline in Facebook shares. News broke recently that data research firm Cambridge Analytica gathered data from 50 million Facebook profiles without the permission of its users. Shares of Facebook have been under pressure all week, sliding 8.5 percent through Wednesday's close. On Thursday, they fell 2.7 percent. Facebook CEO Mark Zuckerberg broke his silence over the news, telling CNN it had been "a major breach of trust, and I'm really sorry that this happened." The news raised concern that U.S. lawmakers could draw up regulation on data usage for Facebook and other major tech companies.
European equities tumbled by Thursday's close as traders reacted to weakness seen on Wall Street, policy announcements from central banks and concerns surrounding global trade. The pan-European STOXX 600 provisionally closed down 1.55 percent, off its session lows, while sectors all posted sharp declines by the end of trade.
Technology was one of the worst performing sectors Thursday, closing down 2.15 percent. Stocks have been impacted this week amid an ongoing scandal involving Facebook. The European sector came under additional pressure following earnings, with United Internet tumbling 9.5 percent after reporting its results for 2017.
In individual stock news, Reckitt Benckiser was the STOXX 600's best performer, finishing up 4.78 percent. This was after news that it had ended talks to buy the consumer health-care division of Pfizer, stating that the business "did not fit in its acquisition criteria".
Source: CNBC, Ilirka