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BELEX15
The BELEX15 index is the blue chip index of the Belgrade Stock Exchange (BELEX). The index compromises the 15 largest and most liquid stocks traded on the exchange. The index was initially established in September 2005. The newest methodology of calculating it was published in August 2012 and represents a correction in the sense of adjusting this index to characteristics of indexes on developed markets. Composition List of the BELEX15 constituents as of 30 September 2021. * Belgrade Nikola Tesla Airport * NIS * Komercijalna banka * Metalac * Messer Tehnogas * MPP Jedinstvo * Fintel Energija * Dunav osiguranje * Energoprojekt holding * Impol Seval * Alfa Plam References External links BELEX15 daily standing {{DEFAULTSORT:BELEX15 Economy of Serbia European stock market indices ...
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Belgrade Stock Exchange
The Belgrade Stock Exchange (abbr. BELEX, sr, Београдска берза, Beogradska berza) is a stock exchange based in Belgrade, Serbia. The Stock exchange was founded in 1894 in the Kingdom of Serbia, after the King proclaimed the Stock exchange law of 1886. Currently, the Belgrade Stock Exchange is a full member of Federation of Euro-Asian Stock Exchanges (FEAS) and an associate member of Federation of European Securities Exchanges (FESE). History The first ideas about establishing an institution which would control the movement of the value of money appeared in Serbia in the 1830s. The Serbian Trading Association, important for the development of the entire Serbian economy, initiated the passing of the Stock Exchange Law. The national Assembly adopted the Law on 3. November 1886, and the Law was proclaimed by the then King of Serbia Milan M. Obrenović. Several years later, on 21. November 1894, in "Građanska kasina" the Belgrade Stock Exchange held its Foundi ...
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Energoprojekt Holding
Energoprojekt holding (full legal name: ''Energoprojekt holding a.d. Beograd'') is a Serbian construction company with headquarters in Belgrade, Serbia. Founded in 1951, it enters into the composition of BELEX15 and BELEXline, the two main indices of the Belgrade Stock Exchange. History Energoprojekt holding was founded on 11 July 1951. Originally conceived as a consulting company, it has gradually diversified its activities and today it has numerous subsidiaries and joint ventures in Serbia and abroad. Energoprojekt holding was admitted to the regulated market of the Belgrade Stock Exchange 18 July 2007. In July 2017, after months of negotiations, Napred Razvoj, a Serbian construction company, became the majority stakeholder of the company. In November 2017, a new majority shareholder Napred razvoj has decided to sell insurance subsidiary ''Energoprojekt Garant'' to the Slovenian insurance company Sava Osiguranje. Activities Energoprojekt holding is a worldwide company based ...
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Belgrade Nikola Tesla Airport
Belgrade Nikola Tesla Airport ( sr, / ) or Belgrade Airport ( sr, / ) is an international airport serving Belgrade, Serbia. It is the largest and the busiest airport in Serbia, situated west of downtown Belgrade near the suburb of Surčin, surrounded by fertile lowlands. It is operated by French conglomerate Vinci Airports and it is named after Serbian inventor Nikola Tesla (1856–1943). The flag carrier and the largest airline of Serbia, Air Serbia, uses Belgrade Nikola Tesla as their hub. It is also one of the many operating bases for low-cost airline Wizz Air. The air taxi services Air Pink, Eagle Express and Prince Aviation also call the airport their home. History First airfields The first airfield in Belgrade was inaugurated in 1910 in the neighbourhood of Banjica and was initially used by aviation pioneers such as Simon, Maslenikov, Vidmar and Čermak. Two years later a wooden hangar was built for the Serbian Air Force, which was at the time engaged in the Firs ...
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Naftna Industrija Srbije
Naftna Industrija Srbije ( sr, Нафтна Индустрија Србије, lit=Petroleum Industry of Serbia; abbr. NIS / НИС) is a Serbian multinational oil and gas company with headquarters in NIS building, Novi Sad, Serbia. NIS is one of the most profitable companies in Serbia and one of the largest domestic exporters. It employs around 11,000 people in Serbia and the region. As of May 2022, Gazprom Neft is the largest shareholder with 50% of NIS shares, followed by 29.87% owned by the Government of Serbia, 5% owned by Gazprom and rest by minority shareholders. The main activities of the company are exploration, production and refining of petroleum and natural gas, sales and distribution of a broad range of petroleum and gas products, as well as the implementation of energy and petrochemical projects. The main NIS production facilities are in the Republic of Serbia, while subsidiaries and representative offices have been established in Bosnia and Herzegovina, Bulgaria, R ...
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Komercijalna Banka
NLB Komercijalna banka (full legal name: ''NLB Komercijalna banka a.d. Beograd,'' ) is a bank founded in 1970 with headquarters in Belgrade, Serbia. It is owned by Slovenian NLB Group. History The bank was founded on 1 December 1970 in Belgrade, SFR Yugoslavia. On 6 May 1992, it was transformed into joint-stock company, with Government of Serbia being its majority owner. In November 2002, Komercijalna banka established Komercijalna banka Budva, operating in Montenegro. The bank also had a subsidiary in Bosnia and Herzegovina, Komercijalna banka a.d. with headquarters in Banja Luka. As of December 2014, two of the bank's biggest stakeholders were the Government of Serbia with 42.6% and European Bank for Reconstruction and Development with 25% of shares. In March 2015, the bank's management announced that Government of Serbia plans to sell its stake in the bank in the second half of 2017. However, the auction was postponed several times. In June 2019, the Government of S ...
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Metalac A
Metalac a.d. ( sr-cyr, Металац) is a Serbian manufacturing company based in Gornji Milanovac, Serbia. With around 2,000 employees, it is one of the largest companies in Moravica District. History Metalac was founded in 1959 in Gornji Milanovac, SFR Yugoslavia. It soon emerged as the largest Yugoslavian kitchen utensil manufacturer. Since 21 July 1998, it has operated as a joint-stock company. Metalac has a total of 14 subsidiary companies, of which five are manufacturing companies and ten wholesale companies in Serbia and abroad. The governing bodies of the company are the supervisory board and the board of directors. Supervisory and management boards are appointed for a period of four years. The Supervisory Board consists of experts who are important for the company's operations, while the Executive Board consists of five executive directors. The Director General shall be appointed from the Executive Board. Market data As of 19 January 2018, Metalac a.d. has a market c ...
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MPP Jedinstvo
MPP Jedinstvo ( sr, МПП Јединство; full name: ''Montažno proizvodno preduzeće Jedinstvo'') is a Serbian construction company headquartered in Sevojno, Užice, Serbia. History MPP Jedinstvo was founded in 1947 in Sevojno, SFR Yugoslavia. After its privatization and transformation into a joint-stock company, Jedinstvo Sevojno was admitted to the free market of the Belgrade Stock Exchange on October 27, 2004. Activities The Jedinstvo Sevojno company builds thermal and hydraulic power plants, as well as thermal or hydraulic systems. It also operates through six subsidiaries, including Jedinstvo Metalogradnja a.d., founded in 1947, which builds various metal structures designed and made to order, Užice-gas a.d., established in 2007, and Zlatibor-gas d.o.o., established in 2008, which builds gas pipelines and distributes natural gas. Autokuća Raketa a.d. specializes in the sale of vehicles at regional level of automobiles of the Peugeot, Fiat, Zastava, Zastava kami ...
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Impol Seval
Impol Seval ( sr, Импол Севал) is a Serbian aluminium manufacturing company headquartered in Sevojno, Užice, Serbia. History From 1950 to 1989, the company operated as part of SOUR Valjaonica Sevojno. SOUR Valjaonica Sevojno was the largest copper manufacturer in the former Yugoslavia, while the aluminum production was secondary activity of the company. In 1990, it was reorganized and operated as Valjaonica bakra i aluminijuma Sevojno. In 1991, the two mills were split from the company. The aluminum mill has operated since 17 January 1991 as independent aluminum mill Valjaonica Aluminijuma Sevojno. The other split company was the copper mill Valjaonica Bakra Sevojno. As of 2001, the company had 1,123 employees and production output of 9,159 tonnes of aluminum products. In October 2002, the Government of Serbia sold 70% of shares of the company to the Slovenian aluminum company IMPOL d.d. Slovenska Bistrica for a sum of 6.5 million dollars, with the obligation to inve ...
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Blue Chip (stock Market)
A blue chip is stock in a '' stock corporation'' (contrasted with non-stock one) with a national reputation for quality, reliability, and the ability to operate profitably in good and bad times. Origin As befits the sometimes high-risk nature of stock picking, the term "blue chip" derives from the card game poker. The simplest sets of poker chips include white, red, and blue chips, with American tradition dictating that the blues are highest in value. In the United States, blue chips were traditionally used for higher values such that "blue chip" used in noun and adjectival senses are attested since 1873 and 1894, respectively. This established connotation was first extended to the sense of a blue-chip stock in the 1920s. According to Dow Jones company folklore, this sense extension was coined by Oliver Gingold (an early employee of the company that would become Dow Jones) sometime in the 1920s, when Gingold was standing by the stock ticker at the brokerage firm that later be ...
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Index (economics)
In Statistics, Economics and Finance, an index is a statistical measure of change in a representative group of individual data points. These data may be derived from any number of sources, including company performance, prices, productivity, and employment. Economic indices track economic health from different perspectives. Influential global financial indices such as the Global Dow, and the NASDAQ Composite track the performance of selected large and powerful companies in order to evaluate and predict economic trends. The Dow Jones Industrial Average and the S&P 500 primarily track U.S. markets, though some legacy international companies are included. The consumer price index tracks the variation in prices for different consumer goods and services over time in a constant geographical location and is integral to calculations used to adjust salaries, bond interest rates, and tax thresholds for inflation. The GDP Deflator Index, or real GDP, measures the level of prices of all- ...
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Stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classe ...
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Messer Tehnogas A
Messer may refer to: * Messer (surname), a list of people and a fictional character * Messer (weapon), a class of single-edged sword * Messer, Oklahoma, United States, an unincorporated community * Messer Group, a gas supply company from Germany * Messer (band), an American hard rock band *"Messer", a nickname for Messerschmitt airccaft *Messer (artist), American electro-pop project of musician Mitch Grassi See also * '' The Messers'', an alternate name for the 1895 film ''Partie de cartes'' * Messer Street Grounds * Messor ''Messor'' is a myrmicine genus of ants with more than 100 species, all of which are harvester ants; the generic name comes from the Roman god of crops and harvest, Messor. The subterranean colonies tend to be found in open fields and near roa ..., an ant genus * Messier (other) {{disambiguation ...
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