Bulgaria doesn’t attract R&D funds

(iT@c, CC BY-ND)

Two Czech coal-fired power plants sold

Romanian government plans 180 km of new motorway

Bulgaria

Among the EU countries Bulgaria is 24th in attracting funding from the Horizon 2020 Research and Innovation Program. In the Q1, 234 Bulgarian organizations participated in over 500 projects and attracted only EUR76.5m of funds — less than 0.1 per cent of the Program’s total budget. The only countries that are behind Bulgaria are: Lithuania, Latvia, Croatia and Malta.

Bulgaria has attracted funds for clean energy (EUR13.5m), for information and communication technologies (EUR7.1m), and for the Marie Sklodowska-Curie Young Researchers (EUR6.1m).

“The Horizon 2020 Program finances three types of activities — research, innovation and coordination: the bulk of the projects of the Bulgarian organizations are related to coordination activities for which there is a possibility of a single participation and for the others a consortium of at least three legal entities from three countries,” said Dimitar Asenov from the Ministry of Education and Science.

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Czech Republic

Swiss energy company, Alpiq has agreed to sell its two Czech coal-fired power plants to the Czech company Sev.en Energy for EUR280m, the companies informed.

Sev.en, owned by investor Pavel Tykac, operates a power plant and a lignite mine in the Czech Republic. It will acquire a 100 per cent of Alpiq’s 516-megawatt coal and gas-fired plant at Kladno near Prague, and its 64-megawatt plant in the city of Zlin.

“The strategic transition between conventional energy and modern energy generating capacities is an opportunity for us,” Sev.en CEO, Lubos Pavlas said.

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Romania

“180 km of motorway would be built in 2019,” Transport Minister Razvan Cuc said. Mr. Cuc added that the total value of projects launched by National Company for Road Infrastructure Administration (CNAIR) in 2017-2019 amounts to EUR7bn. However, the independent NGO Pro Infrastructura (API) estimates that only 43 km of new motorways will be opened this year in a moderate scenario.

“The realistic scenario shows us 43.28 km of new motorway this year, and 69.18 km in a very optimistic scenario. One of the main reason for the slow advancement of major motorway projects in Romania is the poor management of CNAIR and the politically unstable position of minister of Transports,” API said in its statement.

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What’s up in indexes

BET (of Bucharest) increased from 8203.69 index points Thursday, May 16th to 8223.72 index points Friday, May 17th. It’s up 0.14 per cent d/d and down 3.38 per cent y/y.

BUX (of Budapest) decreased from 40288.00 index points Thursday, May 16th to 39877.82 index points Friday, May 17th. It’s down 1.02 per cent d/d and up 6.23 per cent y/y.

OMXR (of Riga) decreased from 1027.27 index points Thursday, May 16th to 1025.55 index points Friday, May 17th. It’s down 0.17 per cent d/d and down 1.47 per cent y/y.

OMXT (of Tallinn) decreased from 1254.03 index points Thursday, May 16th to 1250.70 index points Friday, May 17th. It’s down 0.27 per cent d/d and down 0.83 per cent y/y.

OMXV (of Vilnius) decreased from 683.05 index points Thursday, May 16th to 680.85 index points Friday, May 17th. It’s down 0.32 per cent d/d and down 4.23 per cent y/y.

PX (of Prague) decreased from 1051.57 index points Thursday, May 16th to 1050.75 index points Friday, May 17th. It’s down 0.08 per cent d/d and down 5.11 per cent y/y.

RTS (of Moscow) decreased from 1261.33 index points Thursday, May 16th to 1254.68 index points Friday, May 17th. It’s down 0.53 per cent d/d and up 6.18 per cent y/y.

SAX (of Bratislava) decreased from 345.42 index points Thursday, May 16th to 343.81 index points Friday, May 17th. It’s down 0.47 per cent d/d and up 3.42 per cent y/y.

SOFIX (of Sofia) decreased from 569.10 index points Thursday, May 16th to 568.87 index points Friday, May 17th. It’ down 0.04 per cent d/d and down 12.48 per cent y/y.

UX (of Kyiv) decreased from 1715.11 index points Thursday, May 16th to 1710.85 index points Friday, May 17th. It’ down 0.25 per cent d/d and down 6.51 per cent y/y.

WIG20 (of Warsaw) decreased from 2188.43 index points Thursday, May 16th to 2184.35 index points Friday, May 17th. It’s down 0.19 per cent d/d and down 3.17 per cent y/y.

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