SERBIA:

EUR 50 million for Pozega-Boljare highway engineering design – Memorandum signed with Chinese company CCCC
Deputy Prime Minister and Minister of Construction, Transport and Infrastructure Zorana Mihajlovic signed the Memorandum of Understanding about the cooperation on the project of the Pozega-Boljare highway with China Communications Construction Company (CCCC) yesterday. In terms of construction, this is the most difficult section on Corridor 11, 107 km long and important not just for passenger transport, but for cargo transport as well. The construction of this highway has been evaluated at over EUR 1.5 billion, and the Chinese side is to offer various options for the financing of the construction – Mihajlovic told the press after the signing.
Source: Ekapija

TIGR: Tigar to increase export of rubber hunting footwear – Shipments to French Decathlon worth EUR 5.5 million planned
A delegation of Tigar AD (TIGR), headed by Director General Vladimir Ilic, made a working visit to the French company Decathlon, a strategic buyers for which rubber hunting footwear of the Solognac brand is produced, from March 23 through 26. The planned realization for this purchaser is around EUR 3.5 million for 2018, and the negotiations define the new possibility of realization of around EUR 5.5 million in the period from April 2018 through April 2019.
Source: Ekapija

Fintel Energija ready for first IPO in Serbia
Fintel Energija plans to enter the Belgrade Stock Exchange this May and realize the first IPO (initial public offering) in Serbia after 78 years. CEO of Fintel Energia SpA and Fintel Energija, Tiziano Giovannetti said at the conference dedicated to the presentation of the “Serbia IPO Go” project, held on March 27, that the necessary procedure would be completed in April and that 15% to 20% of the shares would be offered. Fintel Energija previously announced that it intended to collect around EUR 15 million through the IPO in order to use the money for the construction of the Kosava wind farm, with a capacity of 117 MW, as well as of other developing projects.
Source: Ekapija

REGION:

SBITOP lost 0.5 percent
SBITOP ended the trading day at 817.45 points. With the 439.520 EUR in trading volume Krka's shares were the most traded shares on the LJSE, losing 1.04 percent. The shares of the SBITOP ndex that gained the most were the shares of Intereuropa (2.04%) and SavaRe (1.71%).
Source: Ilirika

ABANKA: Completion of the sale of the subsidiary Aleasing d.o.o., Ljubljana
Abanka d.d. and Banka Sparkasse d.d., Ljubljana (as the buyer) have confirmed that all conditions precedent set out in the agreement on the sale of a 100% participating interest in the subsidiary Aleasing d.o.o., Ljubljana of 18 July 2017 have been met. Ownership of the company will thus be transferred to the buyer on 1 April 2018.
Source: Ilirika

Spar Slovenija with biggest growth in sales in last ten years
Last year Retailer Spar Slovenija recorded the biggest growth in gross sales revenue in the last ten years, topping at EUR 776m or slightly less than 4% more than in 2016.
Source: Ilirika

INO:

Stocks rally more than 1%, paring losses for the first quarter, Europe closes higher as Renault jumps 6%, Stoxx 600 down 5% for the quarter
U.S. stocks traded higher on Thursday, the last trading day of the month and the quarter, as the technology sector curbed steep declines seen in recent sessions. The Dow Jones industrial average rose 450 points, with Apple among the best-performing stocks in the index. The S&P 500 gained 2 percent, with tech rising 3 percent. The Nasdaq composite advanced 2.3 percent, with Microsoft jumping 2.8 percent.
Shares of Amazon tumbled Wednesday after news emerged that President Donald Trump reportedly wanted to take on the e-commerce giant, in regards to its tax treatment. Trump then tweeted on Thursday morning: "Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.), and are putting many thousands of retailers out of business!". Amazon's stock slumped on the back of the tweet before trading 1.5 percent higher.
Stocks in Europe finished higher Thursday afternoon, on the last trading day of the quarter, with a rally in the autos sector helping to boost investor sentiment. The pan-European Stoxx 600 closed up 0.6 percent provisionally with most sectors finishing in positive territory. For the whole quarter, the benchmark still finished lower by 5 percent after steep falls earlier in the year.
Autos were the top gainers Thursday, driven higher by Renault. The car maker's shares were up by 6 percent following a media report that the company could merge with Nissan. The shares traded close to a 10-year high earlier on the news, but the firm has declined to comment on the report.
In terms of data, German unemployment figures reached a record low in March at 5.3 percent, according to new data. Meanwhile, the U.K.'s current account deficit was £18.4 billion in the last quarter of 2017, lower than what analysts had expected.
Source: CNBC, Ilirka