CSE countries offer huge investment opportunities

Warsaw, Poland (Wojtek Gurak, CC BY-NC)

Rosatom wants to be the largest container shipping operator

Vinted becomes Lithuania's first unicorn

Central and Southeast Europe

According to 2019 Infrastructure Index: Bridging Continents, published by a law firm CMS, CSE is offers investment opportunities in renewables, airport expansions and electrification of transport, as the race towards green leadership and proactive government policies gather pace. Poland, as the 19th in the ranking tops the CSE list of investment attractiveness. It is followed by the Czech Republic (23rd), Slovakia (24th), Hungary (28th), Romania (39th), Bulgaria (41st) and Ukraine (46th).

“Poland’s strong position in the Index is gratifying and reflects the strength of the primary infrastructure market and the government’s support for investment in sustainable assets,” said Marcin Bejm, Head of Infrastructure and Project Finance at CMS Poland, quoted by Emerging Europe website.

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Russia

Russian Rosatom Group plans to invest USD7bn to become one of the world’s largest container shipping operators. The company aims to offer container liner service along the Arctic’s Northern Sea Route, a shortcut between Asia and Europe, competing with the Suez Canal. “The start of commercial operation of the Arctic’s Northern Sea Route (start of shipments) is planned for 2027,” the company informed.

According to the Rosatom, regular marine traffic along the Arctic’s Northern Sea Route is already underway. However, it has to do mainly with the transportation of construction cargoes and exports from Arctic mining projects, whereas the transit potential of the Arctic’s Northern Sea Route remains untapped.

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Lithuania

Online second-hand clothing marketplace Vinted has raised EUR128m, making it Lithuania’s first “unicorn”, a start-up company valued over EUR1bn, Bloomberg reported. Vinted will use the money to develop its technological platform and to accelerate expansion in Europe.

The company plans to double its product and technology teams. It currently employs over 300 people.

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What’s up in indexes

BET (of Bucharest) decreased from 9854.79 index points Wednesday, November 27th to 9864.86 index points Thursday, November 28th. It’s down 0.05 per cent d/d and up 15.0 per cent y/y.

BUX (of Budapest) increased from 43600.00 index points Wednesday, November 27th to 43800.00 index points Thursday, November 28th. It’s up 0.46 per cent d/d and up 10.4 per cent y/y.

OMXR (of Riga) increased from 1030.63 index points Wednesday, November 27th to 1031.75 index points Thursday, November 28th. It’s up 0.11 per cent d/d and up 8.88 per cent y/y.

OMXT (of Tallinn) increased from 1264.01 index points Wednesday, November 27th to 1265.27 index points Thursday, November 28th. It’s up 0.10 per cent d/d and up 5.06 per cent y/y.

OMXV (of Vilnius) increased from 707.51 index points Wednesday, November 27th to 709.40 index points Thursday, November 28th. It’s up 0.27 per cent d/d and up 11.5 per cent y/y.

PX (of Prague) decreased from 1085.45 index points Wednesday, November 27th to 1083.82 index points Thursday, November 28th. It’s down 0.15 per cent d/d and up 1.74 per cent y/y.

RTS (of Moscow) decreased from 1441.08 index points Wednesday, November 27th to 1439.18 index points Thursday, November 28th. It’s down 0.13 per cent d/d and up 29.3 per cent y/y.

SAX (of Bratislava) increased from 342.55 index points Wednesday, November 27th to 343.48 index points Thursday, November 28th. It’s up 0.27 per cent d/d and up 3.91 per cent y/y.

SOFIX (of Sofia) decreased from 543.90 index points Wednesday, November 27th to 543.30 index points Thursday, November 28th. It’s down 0.13 per cent d/d and down 7.08 per cent y/y.

UX (of Kyiv) increased from 1476.08 index points Wednesday, November 27th to 1485.23 index points Thursday, November 28th. It’s up 0.62 per cent d/d and down 14.56 per cent y/y.

WIG20 (of Warsaw) decreased from 2181.33 index points Wednesday, November 27th to 2169.09 index points Thursday, November 28th. It’s down 0.56 per cent d/d and down 4.21 per cent y/y.

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