Baltic States: Klaipeda is the number one container port

Klaipeda port, Lithuania (Žiedas, Public domain)

Serbia: incentives program attracted projects worth EUR386 in 2016 and 2017

Czech Republic climbs in the global BDO Business Location Ranking

Baltic States

Klaipeda remains Baltic’s number one container port – the Baltic Course inform. As reported in the period January-September 2017 it handled 337,500 TEU. It’s up 4.4 per cent y/y. Also, the Riga Freeport increased its TEU traffic. In the period mentioned it handled 323,900 (up 17 per cent). At the same time the port of Tallinn handled 157,100 TEUs (up 5.5 per cent).

The portal reminds that in 2016 the annual TEU traffic via Klaipeda grew by 12.9 per cent.

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Serbia

Serbian government is pleased with the results of its incentive program implemented in 2016 and 2017 – aiming at attracting foreign investors and boosting local economy. As reported, it attracted projects worth EUR386m in 2016 and 2017. The SEE News Corporate Wire quotes the Economy Minister Goran Knezevic, who said it had generated 23,467 jobs as “27 companies had decided to reinvest in the country”.

Serbia has just received an Investment Performance Network Certificate of Achievement from the World Bank “for the application of reforms attracting foreign investors”. The FDI into Serbia in the period January-July 2017 was EUR1.2bn.

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Czech Republic

Radio Praha informs about the results of the survey conducted by the international and auditing company BDO. BDO audits business locations of the world. In 2017 edition the Czech Republic placed 23rd in the ranking (up 3 places y/y). The study covers 174 countries. The best locations for business are: Singapore, Hong Kong, Switzerland and the Netherlands.

The Czech Republic scored 65.18 points and it’s the best result among the former Soviet bloc (Estonia ranked 30th, Poland 34th and Slovakia 43rd).

BDO also pointed out that the Eastern Europe would probably be the most affected region by the worldwide trend to tighten trade barriers and increase tariffs – if such trend occurs.

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What’s up in indexes

BET (of Bucharest) decreased from 7,887.79 index points Wednesday, October 25th to 7,874.48 index points Thursday, October 26th. It’s down 0.08 per cent d/d and up 16.10 per cent y/y.

BUX (of Budapest) increased from 39,840.92 index points Wednesday, October 25th to 39,889.60 index points Thursday, October 26th. It’s up 0.12 per cent d/d and up 33.61 per cent y/y.

CROBEX (of Zagreb) increased from 1,883.42 index points Tuesday, October 25th to 1,899.11 index points Thursday, October 26th. It’s up 0.83 per cent and down 3.6 per cent y/y.

OMXR (of Riga) increased from 1,017.11 index points Wednesday, October 25th to 1,1019.29 index points Thursday, October 26th. It’s up 0.21 per cent d/d and up 41.29 per cent y/y.

OMXT (of Tallinn) decreased from 1,225.86 index points Wednesday, October 25th to 1,225.50 index points Thursday, October 26th. It’s down 0.03 per cent d/d and up 19.35 per cent y/y.

OMXV (of Vilnius) increased from 657.28 index points Wednesday, October 25th to 658.29 index points Thursday, October 26th. It’s up 0.15 per cent d/d and up 18.82 per cent y/y.

PX (of Prague) decreased from 1,064.10 index points Wednesday, October 25th to 1,056.70 index points Thursday, October 26th. It’s down 0.70 per cent d/d and up 14.96 per cent y/y.

SAX (of Bratislava) closed at 318,39 index points Thursday, October 26th. It’s 0 per cent change d/d and up 0.79 per cent y/y.

SOFIX (of Sofia) increased from 654.37 index points Tuesday, October 25th to 655.90 index points Thursday, October 26th. It’s up 0.23 per cent d/d and up 26.61 per cent y/y.

UX (of Kyiv) increased from 1,249.05 index points Tuesday, October 25th to 1,251.87 index points Thursday, October 26th. It’s up 0.23 per cent d/d and up 51.68 per cent y/y.

WIG20 (of Warsaw) increased from 2,449.89 index points Tuesday, October 25th to 2,456.17 index points Thursday, October 26th. It’s up 0.26 per cent d/d and up 38.01 per cent y/y.

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