De Volkskrant, Amsterdam – Cartoon. See more.

TIRANA (Albania), January 21 (SeeNews) – Czech utility CEZ said on Monday it intends to initiate an international arbitration after the Albanian energy regulator ERE decided to revoke the licence of its Albanian unit CEZ Shperndarje.

SKOPJE (Macedonia), January 21 (SeeNews) – The Macedonian telecoms regulator said that the number of IPTV subscribers in the country rose 64.89% on the year to 58,385 at the end of the third quarter of 2012.

SOFIA (Bulgaria), January 21 (SeeNews) – US-based investment manager Artio Global Management has cut its stake in Bulgarian telecommunications group BTC [BUL:5BT] below 5.0% of all voting shares, BTC said in a bourse filing on Monday.

BELGRADE (Serbia), January 21 (SeeNews) – Serbia will most probably employ a concession model for the construction of the Belgrade-Obrenovac and Preljina-Pozega road sections, part of pan-European transport Corridor XI, local media reported on Monday.

SOFIA (Bulgaria), January 21 (SeeNews) – The district court in the city of Plovdiv said on Monday it has postponed the hearing on an insolvency claim against state-owned arms manufacturer VMZ Sopot for February 18.

BUCHAREST (Romania), January 21 (SeeNews) – All the Romanian stock market closed down on Monday, as daily turnover decreased, bourse data showed.

SOFIA (Bulgaria), January 21 (SeeNews) – Bulgarian stock market indices closed mixed on Monday, as trading in shares of drug maker Sopharma [BUL:3JR] lifted daily turnover, bourse data showed.

PODGORICA (Montenegro), January 21 (SeeNews) – Austria’s Strabag said it plans to place a squeeze-out bid for the stake of 5.01% in Montenegrin road construction company Crnagoraput [MNG:CPUT] it does not already own.