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SARAJEVO (Bosnia and Herzegovina), November 23 (SeeNews) - Following are some of the main stories in the online versions of Bosnian media on Monday morning and over the weekend. SeeNews has not verified these reports and cannot vouch for their accuracy:

NEZAVISNE NOVINE

- The Muslim-Croat Federation government has not receive by the relevant Bosnian institutions a statement on the legitimacy of the sale of fuel retailer Energopetrol to Hungarian-Croatian consortium MOL/INA in 2006 and will not consider a cancellation at its next session, government secretary Ismet Trumic said. Moreover, the government’s Secretariat General, the Finance Ministry and the Federation’s Privatisation Agency are unaware where the bank guarantees on the deal are. The government said last month it may cancel the privatisation as MOL/INA has invested just six million marka out of 150 million marka it had pledged to.

- Bosnia’s Muslim-Croat Federation has achieved little or no progress in corporate management area this year compared to a year ago, a survey conducted by Bosnian independent consultant LOK Institute for Organization and Economics, the World Bank private sector arm, IFC, and the Sarajevo Stock exchange showed. Seventy-three joint stock companies were polled in the survey, which is equivalent to 60% of the Sarajevo bourse market capitalisation.

DNEVNI AVAZ

- Travnik-based Bosnian clothing maker Borac has prepared a revival plan, according to which the plant will keep the existing 1,700 workers and will employ a further 1,000, while the state will pay out 18 million marka that Borac owes to its workers, Director General Ahmed Curic said. He added production has increased 24% in the past two months to 3,200-3,200 pieces of clothing a day.

- The Muslim-Croat Federation Environment Ministry said it has issued a ecological permit for operations to the steel plant of Arcelor Mittal’s Bosnian unit, the first of nine production facilities for which Arcelor Mittal Zenica had submitted a request. The management of the Bosnian company will invest 100 million euro in cutting pollution over the next five years, the daily said.

CAPITAL.BA

- Bosnia's Serb Republic government is going to discuss its 2010 balanced budget draft of 1.6 billion marka, the newswire reported.

- The European Union has provided almost 2.7 billion euro to Bosnia from 1991 until 2006 and should grant over 500 million euro until 2012, data from the European Commission website showed.

(1 euro=1.95583 marka)

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Konus Konex d.o.o.

Mar 9, 2010 23:59 CET | Clothing/Textiles | Slovenia

Banka Celje d.d.

Feb 22, 2010 15:58 CET | Banking | Slovenia

Armax Gaz SA

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Feb 24, 2010 23:59 CET | Aerospace/Defense | Romania

Nova Banka a.d. Banja Luka

Feb 22, 2010 11:25 CET | Banking | Bosnia-Herzegovina

Borovo d.d.

Feb 18, 2010 23:59 CET | Footwear | Croatia
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