Czechs eat imported vegetables

Prague, Czech Republic (Nitin Vyas, CC BY-SA)

Poland is the 23rd most valuable brand in the world

Estonia started works on the third power link with Latvia

Czech Republic

Radio Praha informs, after the Czech News Agency, that imports of vegetables continue to grow. As the data from the Czech Statistics Office shows “the foreign vegetable trade currently shows a deficit of CZK11bn (EUR427m)”. The Radio recalls that in 2009 the value of vegetable imports was CZK9.3bn (EUR361m). In 2017 it was CZK14bn (EUR543m).

“The amount of imported vegetables increased from 648,000 tons in 2009 to nearly 856,000 tons last year. Meanwhile, Czech vegetable exports increased from 150,000 tons in 2009 to 191,000 tons in 2017”.

An average Czech consumes 81 kilos of vegetables a year (54 kilos being imported).

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Poland

The Polish Radio informs that Poland is the 23rd most valuable national brand in the world and the 7th most valuable brand in Europe, according to the findings of a global annual survey of national brands, carried out by a consultancy company Brand Finance. Poland’s brand value “has grown 14 per cent to USD654bn” since 2017.

The most valuable nations in the world are the United States (worth USD26 trillion), China (worth USD12.8 trillion) and Germany (worth USD5.1 trillion).

The survey is based on data provided by the International Monetary Fund (IMF), the World Economic Forum in Davos and the FDI Intelligence.

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Estonia

Estonian transmission system operator, Elering started construction works on the third power interconnector between Estonia and Latvia. “The length of the section of the new connection is approximately 175 kilometers and the value is EUR60m. In the course of the work, a brand new 330 kilovolt and 110 kilovolt connection will be built in stages from Sindi near Parnu to the small town of Audru, and from there on to the substation of Harku near Tallinn via Lihula, Kullamaa, Risti and Riisipere,” the Baltic Course informs after Elering.

The third link between Estonia and Latvia is “an important prerequisite for the synchronization of the power systems of the Baltic Countries with the Continental European System”.

The new power lines will be completed by 2020. Elering is financing the investment from the EU funds but also by using proceeds from the auctioning of cross-border transmission capacities.

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What’s up in indexes

BET (of Bucharest) decreased from 8,554.15 index points Friday, October 5th to 8,548.10 index points Monday, October 8th. It’s down 0.05 per cent d/d and up 6.77 per cent y/y.

BUX (of Budapest) decreased from 36,945.25 index points Friday, October 5th to 36,768.00 index points Monday, October 8th. It’s down 0.48 per cent d/d and down 3.26 per cent y/y.

CROBEX (of Zagreb) closed at 1,766.69 index points Monday, October 8th. It’s the same result as Friday’s. It’s down 0.46 per cent d/d and down 0.19 per cent y/y.

OMXR (of Riga) increased from 977.10 index points Friday, October 5th to 981.09 index points Monday, October 8th. It’s up 0.41 per cent d/d and down 1.70 per cent y/y.

OMXT (of Tallinn) decreased from 1,219.01 index points Friday, October 5th to 1,213.43 index points Monday, October 8th. It’s down 0.46 cent d/d and down 0.53 per cent y/y.

OMXV (of Vilnius) decreased from 676.02 index points Friday, October 5th to 674.30 index points Monday, October 8th. It’s down 0.25 per cent d/d and up 4.68 per cent y/y.

PX (of Prague) decreased from 1,103.38 index points Friday, October 5th to 1,095.40 index points Monday, October 8th. It’s down 0.72 per cent d/d up 3.43 per cent y/y.

SAX (of Bratislava) increased from 329.01 index points Friday, October 5th to 329.49 index points Monday, October 8th. It’s up 0.15 per cent d/d and up 2.47 per cent y/y.

SOFIX (of Sofia) decreased from 623.41 index points Friday, October 5th to 618.55 index points Monday, October 8th. It’s down 0.78 per cent d/d and down 8.96 per cent y/y.

UX (of Kyiv) increased from 1,669.75 index points Friday, October 5th to 1,678.08 index points Monday, October 8th. It’s up 0.50 per cent d/d and up 38.48 per cent y/y.

WIG20 (of Warsaw) decreased from 2,264.20 index points Friday, October 5th to 2,224.13 index points Monday, October 8th. It’s down 1.77 per cent d/d and down 11.01 per cent y/y.

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