Belgrade Stock Exchange
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Belgrade Stock Exchange (BELEX) (Beogradska Berza, a.d.) is a stock exchange in Belgrade, Serbia.
Belgrade Stock Exchange was first founded on November 21, 1894 and it functioned until the breakout of World War II in Yugoslavia. In 1953 it was formally closed as the stock exchange did not fit the new socialist economy of the country.
It was reopened in 1989 as Yugoslavian Capital Market, but after the breakup of the country it was renamed back to Belgrade Stock Exchange. In 2001 large scale privatisation began and the Stock Exchange started trading privatized stock. A year later, trade with bonds of the Republic of Serbia started as well.
In September 2004, Belgrade Stock Exchange was accepted into Federation of Euro-Asian Stock Exchanges.
See also: Economy of Serbia