Stock exchange reports significant growth in 2007

Overall revenue on the Belgrade stock exchange in 2007 amounted to EUR 2.5mn, up 133 percent on 2006, according to the exchange's financial report. Commercial revenue increased considerably, rising to EUR 4.9mn, a 45 percent increase on the previous year. Stock exchange reports significant growth in 2007 Other forms of revenue also made big gains, more than doubling on the previous year to EUR 1.3mn. The report, published on the stock exchange’s website, states that assets on the stock market rose almost 85 percent to EUR 6.6mn. The Belgrade stock exchange operates as a closed public company, whose largest stockholders are the Republic of Serbia and the insolvent Beobanka AD, with a 10.34 percent stake each. Only one other shareholder, AC Broker Belgrade, owns over 10 percent of shares in the stock exchange—416 altogether, at a nominal price of EUR 1,235.

Stock exchange reports significant growth in 2007

Other forms of revenue also made big gains, more than doubling on the previous year to EUR 1.3mn.

The report, published on the stock exchange’s website, states that assets on the stock market rose almost 85 percent to EUR 6.6mn.

The Belgrade stock exchange operates as a closed public company, whose largest stockholders are the Republic of Serbia and the insolvent Beobanka AD, with a 10.34 percent stake each.

Only one other shareholder, AC Broker Belgrade, owns over 10 percent of shares in the stock exchange—416 altogether, at a nominal price of EUR 1,235.