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Montenegro's parl approves 2022 budget, targets 5.1%/GDP deficit

Montenegro's parliament approved the 2022 budget targeting a deficit of 275 million euro ($311 million), or 5.1% of the projected gross domestic product (GDP), up from the 205.1 million euro proposed in the draft budget, it said. Read on >>
Slovenia's cons budget deficit to reach 6.5%/GDP in 2021 - fin min

Romania's Nuclearelectrica reconnects Cernavoda NPP Unit 1 to grid
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Albania-based electricity trader AGA-SOLAR has applied for a building permit for a photovoltaic park in Darzezë e Re village, near the southwestern city of Fier, the energy ministry said. >>

BOSNIA AND HERZEGOVINA
Bosnia's Serb Republic industrial sales up 31% y/y in Nov

The industrial sales of Bosnia's Serb Republic rose by an annual 31% in November, after surging 26% year-on-year in October, the entity's statistical office said on Thursday. >>
Bulgarian battery manufacturer Monbat [BUL:MONB] said that its consolidated pre-tax profit from ongoing operations increased by 69% year-on-year in the first eleven months of 2021, reaching 23 million levs ($13.3 million/11.7 million euro). >>
Croatian diversified holding company Adris [ZSE:ADRS] plans 3.2 billion kuna ($470 million/425 million euro) investments until 2024, local business daily Poslovni Dnevnik reported on Thursday. >>

MONTENEGRO
Montenegro grants 5G frequency licences to Mtel, Crnogorski Telekom, Telenor

Montenegro's telecommunications regulator EKIP said it approved bids placed by Mtel, Crnogorski Telekom and Telenor Montenegro in a public auction for allocation of national frequency licenses for 5G mobile networks held on December 27. >>
  COMPANY PROFILE  

Monbat AD is a Bulgarian producer of accumulators, traction and stationary batteries. The company also sells, distributes and recycles starter and stationary batteries.

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