Czech Railways will pay the Italian Grandi Stazioni EUR20.9m

Czech Railways (České dráhy, NÖLB Mh, CC BY-SA)

Bulgaria: Transported goods up 14 per cent in Q3’16

Hungary allocates funding to farmers in Transcarpathia

Czech Republic

Italian developer Grandi Stazioni will get compensation from the Czech Railways which will pay some CZK565m (EUR20.9m) for the money invested by the Italian company in the reconstruction of the Main Railway Station in Prague. Grandi Stazioni demands CZK765m.

Radio Praha reminds that the Italian company lost its 30-year lease of the station in October 2016 after repeatedly failing to meet the reconstruction deadline. The Czech Railway Infrastructure Administration rejected request for another two-year extension and asked Grandi Stazioni to leave the premises.

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Bulgaria

Novinite.com reports on the increase in Bulgarian transport. According to preliminary seasonally adjusted data, in Q3’16 the volume of transported goods from the freight transport grew by 14 per cent q/q. At the same time the transport performance fell by 1.9 per cent.

According to the National Statistical Institute (NSI) the number of transported passengers and transport performance by passenger transport (land, water and urban electrical transport) decreased by 13.9 per cent and 4.3 per cent, respectively, compared to the Q2’16.

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Hungary

Hungary allocates funding to farmers in Transcarpathia. The Daily News Hungary reports that on November 26th, in Beregszász (Ukraine) some 300 ethnic Hungarian farmers signed contracts on receiving funding worth almost HUF600m (EUR1.9m). It is a part of government’s Transcarpathian economic development program.

The portal quotes government commissioner István Grezsa who at the signing ceremony said that  these are the first contracts allocating funding to ethnic Hungarians in Transcarpathia from the HUF32bn of the economic development program. “It is symbolic that funding is allocated first to farmers in this region, as in the last one-third of Hungarian history it was the peasantry that represented Hungarians and their inexhaustible economic and human resources,” he added.

Further contracts are expected to be signed in Transcarpathia before Christmas 2016.

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What’s up in indexes

BUX (of Budapest) dropped by 0.59 per cent, falling from 30158.58 index points Thursday, November 24th to 29979.96 index points Friday, November 25th. From year-end it’s up 25.33 per cent.

BET (of Bucharest Stock Exchange) was up 0.05 per cent d/d, increasing from 6832.77 index points Thursday, November 24th to 6836.12 index points Friday, November 25th. From year-end it dropped by 2.37 per cent.

PX (of Prague) was up 0.21 per cent d/d – growing from 886.31 index points Thursday, November 24th to 888.14 index points Friday, November 25th. From year-end it dropped by 7.13 per cent.

WIG20 (of Warsaw) dropped by 0.61 per cent d/d and by 3.38 per cent from year-end. It decreased from 1807.27 index points Thursday, November 24th to 1796.30 index points Friday, November 25th.

OMXT (of Tallinn) increased from 1030.00 index points Thursday, November 24th to 1036.00 index points Friday, November 25th. So it’s up 0.58 per cent d/d. From year it’s up 15.24 per cent.

OMXR (of Riga) decreased from 742.78 index points Thursday, November 24th to 736.91 index points Friday, November 25th. So it dropped by 0.79 per cent d/d. From year-end it’s up 23.99 per cent.

OMXV (of Vilnius) increased from 555.00 index points Thursday, November 24th to 555.99 index points Friday, November 25th. So it’s up 0.18 per cent d/d. From year-end it’s up 14.40 per cent.

SAX (of Bratislava) increased from 302.07 index points Thursday, November 24th to 308.57 index points Friday, November 25th. So it’s up 2.15 per cent d/d. From year-end it’s up 5.55 per cent.

SOFIX (of Sofia) was up 0.54 per cent d/d and up 20.49 per cent from year-end. It increased from 552.33 index points Thursday, November 24th to 555.32 index points Friday, November 25th.

UX (of Kyiv) dropped by 0.58 per cent – falling from 803.83 index points Thursday, November 24th to 799.13 index points Friday, November 25th. From year-end it’s up 16.52 per cent.

CROBEX (of Zagreb) was up 0.42 per cent – increasing from 1984.18 index points Thursday, November 24th to 1992.49 index points Friday, November 25th. From year-end it’s up 17.92 per cent.

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