Czech companies dominate Deloittes’s tech ranking

(Deloitte, Public domain)

EU delays decision on Albania and North Macedonia accession talks

NEFCO invested EUR226m in Ukraine

Czech Republic

Czech technology start-ups dominate Deloitte’s Technology Fast 50 ranking of the fastest-growing technology companies in the CSE region. The Czech Republic has 19 companies in the Technology Fast 50 CSE ranking this year, followed by Poland with 11 companies, and Croatia with 6. Lithuania has 5 companies in the ranking, Slovakia and Hungary have 3 each, and Estonia, Bulgaria, and Bosnia and Herzegovina have one each.

“I wouldn’t say that there is an easier business environment in Czech Republic compared to other CSE countries. However, the Czech Republic does have a lot of great and hard-working people with lots of innovative ideas who inspire and need each other,” Kateřina Novotná from Deloitte commented.  

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Albania and North Macedonia

“The European Union leaders failed to live up to their commitment to open accession negotiations with Albania and North Macedonia,” enlargement commissioner Johannes Hahn said. “This is a matter of extreme disappointment. The EU and member states now need to clarify how serious their commitment is to the Western Balkans’ EU integration,” Mr. Hahn added.

While most of the EU member states believe that the two countries — North Macedonia especially, which ended a 30-year dispute with Greece over the use of the name Macedonia — have made enough progress for talks to begin, French President Emmanuel Macron continues to steadfastly oppose the idea. also Denmark and the Netherlands opposed, Reuters informed.

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Ukraine

Nordic Environment Finance Corporation (NEFCO), a regional green financial institution of Denmark, Finland, Iceland, Norway and Sweden, has invested in 243 municipal and private energy efficiency projects in Ukraine, and since 2010 the total investment has reached EUR226, the corporation announced.

“Ukraine is now the most important country for NEFCO. The largest NEFCO office, after its head office in Helsinki, is located in the Ukrainian capital,” NEFCO Managing Director Trond Moe said.

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What’s up in indexes

BET (of Bucharest) decreased from 9554.49 index points Thursday, October 17th to 9539.91 index points Friday, October 18th. It’s down 0.19 per cent d/d and up 10.9 per cent y/y.

BUX (of Budapest) increased from 40717.00 index points Thursday, October 17th to 40826.33 index points Friday, October 18th. It’s up 0.27 per cent d/d and up 8.91 per cent y/y.

OMXR (of Riga) decreased from 1038.87 index points Thursday, October 17th to 1026.67 index points Friday, October 18th. It’s down 1.17 per cent d/d and up 5.95 per cent y/y.

OMXT (of Tallinn) increased from 1234.03 index points Thursday, October 17th to 1234.88 index points Friday, October 18th. It’s up 0.07 per cent d/d and up 0.69 per cent y/y.

OMXV (of Vilnius) increased from 695.19 index points Thursday, October 17th to 697.27 index points Friday, October 18th. It’s up 0.30 per cent d/d and up 4.19 per cent y/y.

PX (of Prague) increased from 1034.30 index points Thursday, October 17th to 1042.90 index points Friday, October 18th. It’s up 0.83 per cent d/d and down 4.07 per cent y/y.

RTS (of Moscow) increased from 1353.49 index points Thursday, October 17th to 1355.27 index points Friday, October 18th. It’s up 0.13 per cent d/d and up 18.9 per cent y/y.

SAX (of Bratislava) increased from 344.61 index points Thursday, October 17th to 344.74 index points Friday, October 18th. It’s up 0.04 per cent d/d and up 2.60 per cent y/y.

SOFIX (of Sofia) increased from 560.00 index points Thursday, October 17th to 563.60 index points Friday, October 18th. It’s up 0.63 per cent d/d and down 7.65 per cent y/y.

UX (of Kyiv) closed at 1520.41 index points Friday, October 18th. It’s the same result as Thursday’s. It’s 0 per cent change d/d and down 11.68 per cent y/y.

WIG20 (of Warsaw) decreased from 2173.75 index points Thursday, October 17th to 2164.75 index points Friday, October 18th. It’s down 0.41 per cent d/d and down 1.07 per cent y/y.

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