Annual defense fair starts in Poland

Kielce, Poland (Targi Kielce, Public domain)

Nord Stream 2 to be completed on schedule

EUR80m investment to explore oil and gas in Croatia

Poland

More than 600 exhibitors from 31 countries participate in the 27th International Defense Industry Exhibition, MSPO in Kielce, (central Poland), Polskie Radio informed. MSPO is one of the world’s largest trade fair dedicated to military equipment.

American-produced weaponry will be in the center of attention, with the US as a guest nation at this year’s event.

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Russia

The consortium building the Nord Stream 2 gas pipeline from Russia to Germany expects to complete the project on schedule in early 2020 or even before, Austrian energy firm OMV said, after speculation that Nord Stream 2 could face months of delays.

Rainer Seele, CEO of OMV, said that more than 75 per cent of the project had been carried out but the completion timing would depend on securing Danish approval for the pipeline to cross its waters of the Baltic Sea.

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Croatia

Four companies which have just received oil and gas exploration and exploitation licenses, are expected to invest some EUR80m, energy minister Tomislav Coric informed.

Works will be carried out in the north-western and central parts of the country. In late October 2018, Croatian government invited applications for seven sites, and offers have been sent for all but one location. The companies are expected to drill 25 exploration wells in the next five years.

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What’s up in indexes

BET (of Bucharest) increased from 9259.41 index points Monday, September 2nd to 9273.51 index points Tuesday, September 3rd. It’s up 0.14 per cent d/d and up 11.6 per cent y/y.

BUX (of Budapest) decreased from 39707.00 index points Monday, September 2nd to 39405.00 index points Tuesday, September 3rd. It’s down 0.76 per cent d/d and up 6.58 per cent y/y.

OMXR (of Riga) increased from 1021.24 index points Monday, September 2nd to 1031.37 index points Tuesday, September 3rd. It’s up 0.99 per cent d/d and up 5.95 per cent y/y.

OMXT (of Tallinn) decreased from 1245.05 index points Monday, September 2nd to 1240.03 index points Tuesday, September 3rd. It’s down 0.40 per cent d/d and up 1.18 per cent y/y.

OMXV (of Vilnius) decreased from 690.49 index points Monday, September 2nd to 690.29 index points Tuesday, September 3rd. It’s down 0.03 per cent d/d and down 1.11 per cent y/y.

PX (of Prague) decreased from 1036.45 index points Monday, September 2nd to 1030.39 index points Tuesday, September 3rd. It’s down 0.58 per cent d/d and down 3.98 per cent y/y.

RTS (of Moscow) decreased from 1309.22 index points Monday, September 2nd to 1303.49 index points Tuesday, September 3rd. It’s down 0.44 per cent d/d and up 20.1 per cent y/y.

SAX (of Bratislava) decreased from 344.16 index points Monday, September 2nd to 335.16 index points Tuesday, September 3rd. It’s down 2.62 per cent d/d and down 6.29 per cent y/y.

SOFIX (of Sofia) increased from 569.90 index points Monday, September 2nd to 571.00 index points Tuesday, September 3rd. It’s up 0.19 per cent d/d and down 9.38 per cent y/y.

UX (of Kyiv) closed at 1537.71 index points Tuesday, September 3rd. It’s the same result as Monday’s. It’s 0 per cent change d/d and down 5.74 per cent y/y.

WIG20 (of Warsaw) decreased from 2144.48 index points Monday, September 2nd to 2107.16 index points Tuesday, September 3rd. It’s down 1.74 per cent d/d and down 10.55 per cent y/y.

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