BELGRADE (Serbia), January 30 (SeeNews) – U.S. automotive equipment maker Johnson Controls will open two factories for production of car seats and interiors in the Serbian city of Kragujevac on February 6, Belgrade-based media reported on Wednesday.

BUCHAREST (Romania), January 30 (SeeNews) – Five Romanian bourse indices closed lower and two rose on Wedneday, as daily turnover edged down, bourse data showed.

ZAGREB (Croatia), January 30 (SeeNews) – Croatian lender Podravska Banka [ZSE:PDBA-R-A] said on Wednesday its non-consolidated profit fell to 8.5 million kuna ($1.5 million/1.1 million euro) in 2012 from 12.5 million kuna a year.

ZAGREB (Croatia), January 30 (SeeNews) – Croatia is planning to overhaul its existing set of MiG-21s as a short-term option for the upgrade of its fighter jet fleet, the country's defence ministry said.

BELGRADE (Serbia), January 30 (SeeNews) – Serbian dairy producer Mlekara Sabac has received all necessary permits for exports to the markets of the European Union, Belgrade-based media reported on Wednesday.

PODGORICA (Montenegro), January 30 (SeeNews) – Insurance company Sava Montenegro said on Wednesday its gross profit rose to 4.4 million euro ($5.9 million) in 2012 from 3.7 million euro a year earlier.

BELGRADE (Serbia), January 30 (SeeNews) – Croatian electrical equipment producer Koncar Elektroindustrija [ZSE:KOEI-R-A] has expressed interest in investing into its Serbian peer Sloboda, Serbian media reported on Wednesday.

SARAJEVO (Bosnia and Herzegovina), January 30 (SeeNews) – Bosnian drug maker Bosnalijek [SAJ:BSNLR] said on Wednesday it signed four licensing agreements with Turkish company Abdi Ibrahim for the expansion of its product portfolio.

SOFIA (Bulgaria), January 30 (SeeNews) – Bulgarian cigarette filters maker Yuri Gagarin [BUL:4PX] said on Wednesday its after-tax profit fell by half to 2.5 million levs ($1.7 million/1.3 million euro) last year.