Poland: Interest rates unchanged

Poland’s central bank headquarters (©NBP)

Lithuania with the most powerful laser in the world

Croatia’s state will sell its shares in 60 firms

Poland

The Polish Radio reports that the Poland’s Monetary Policy Council decided to keep the country’s interest rates unchanged. So the reference rate remains at the record-low level: 1.50 per cent. This decision was in line with the experts’ expectations.

The last time the MPC cut interest rates was March 2015 (minus 50 basis points).

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Lithuania

Sylos – is the name of the most powerful laser system constructed by Lithuanian laser manufacturers Ekspla and Sviesos Konversija. It took more than 2 years and cost EUR4m. Baltic Course reports the global market for such an invention is quite limited but the technology can be used in other projects.
The portal quotes Mr. Zenonas Kuprionis from Ekspla company: “This is the first such laser. (It was) made specifically for the project. Such lasers are designed for scientific centers that want extreme parameters. This market is not large, but there is one or two projects per year”.

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Croatia

SEENews Corporate Wire reports that the Croatian Center for Enterprise Restructuring and Privatisation (CERP) will sell state’s minority stakes in 60 companies. As the SEENews reports, the stakes range from 0.001 per cent to 23.42 per cent. Among the companies for sale are: Glas Slavonije (an Osijek-based daily) and Sigma Zagreb (furniture manufacturer).
The deadline for expressing interest in the purchase of those stakes is March 16th. After that the public bidding procedures will be launched.

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What’s up in indexes

BET (of Bucharest) decreased from 7,905.57 index points Tuesday, March 7th to 7897.74 2,226.37 index points Wednesday, March 8th. It was down 0.06 per cent d/d and up 18.66 per cent y/y.

BUX (of Budapest) increased from 34,442.20 index points Tuesday, March 7th to 32,547.00 index points Wednesday, March 8th. It was up 0.32 per cent d/d and up 28.87 per cent y/y.

CROBEX (of Zagreb) increased from 2,209.86 index points Tuesday, March 7th to 2,226.37 index points Wednesday, March 8th. It was up 0.75 per cent d/d and up 41.67 per cent y/y.

OMXR (of Riga) decreased from 768.80 index points Tuesday, March 7th to 767.62 index points Wednesday, March 8th. It was down 0.15 per cent d/d and up 21.75 per cent y/y.

OMXT (of Tallinn) decreased from 1,114.08 index points Tuesday, March 7th to 1,111.85 index points Wednesday, March 8th. It was down 0.20 per cent d/d and up 17.03 per cent y/y.

OMXV (of Vilnius) increased from 563.43 index points Tuesday, March 7th to 565.98 index points Wednesday, March 8th. It was up 0.45 per cent d/d and up 12.52 per cent y/y.

PX (of Prague) increased from 971.70 index points Tuesday, March 7th to 972.24 index points Wednesday, March 8th. It was up 0.06 per cent d/d and up 8.93 per cent y/y.

SAX (of Bratislava) increased from 309.54 index points Tuesday, March 7th to 312.11 index points Wednesday, March 8th. It was up 0.83 per cent d/d and down 3.46 per cent y/y.

SOFIX (of Sofia) increased from 621.96 index points Tuesday, March 7th to 622.47 index points Wednesday, March 8th. It was up 0.08 per cent d/d and up 40.31 per cent y/y.

There was no trading on Kyiv’s bourse Wednesday, March 8th. UX (of Kyiv) closed at 947.01 index points the day before, Tuesday, March 7th. It’s up 50.67 per cent y/y.

WIG20 (of Warsaw) increased 2,200.98 index points Tuesday, March 7th to 2,213.24 index points Wednesday, March 8th. It was up 0.56 per cent d/d and up 17.95 per cent y/y.

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