Serbian Industrial/Medical Gas Producer Messer Tehnogas Sees H2 Sales at 2.1 Bln Dinars (22.4 Mln Euro)

No comparative figures were immediately available.

Operating investment is seen at 93.3 million dinars in the six-month period through December 2009, the company said in a filing with the Belgrade Stock Exchange (BELEX) on Monday.

Messer Tehnogas posted 615.5 million dinars in net profit last year on 4.6 billion dinars in operating revenue, data from the company's 2008 financial statement indicated.

According to the Monday statement, Turkey's Messer Aligaz, 99%-owned by Messer Tehnogas at end 2008, will absorb 3.147 million euro in investment in the second half of this year.

The BELEX said last week Messer Tehnogas (www.messer.co.rs) will be reinstated as a component of its blue-chip index, replacing confectionery maker Bambi-Banat as of September 30. The announcement followed a regular review of the index line-up.

Messer Tehnogas was bounced out of the blue-chip index on March 31 after the previous regular review of the stock gauge. It was replaced with fodder producer Veterinarski Zavod.

(1 euro=93.5618 Serbian dinars)