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Analisys and Comments

Romania	Bulgaria	Serbia
Morning Call February 6th February 3rd February 2nd February 1st January 31st Analysis Transgaz November’11 Banca Transilvania (TLV) OMV Petrom SA Company Report Transelectrica (TEL) adidas AG (ADS)	Daily Review February 6th February 3rd February 1st January 31st January 30th Weekly Review January 23rd – 27th January 16th – 20th January 9th – 13th January 2nd – 6th December 19th – 23rd	Daily Review February 6th February 2nd February 1st January 31st January 30th Weekly Review January 23rd – 27th January 16th – 20th January 9th – 13th December 19th – 23rd December 12th – 16th