Gazprom won’t get compensation from Bulgaria for South Stream termination

(Samuel Bailey, CC BY)

Poland with more than 300 companies active in space technology sector

Moldova: number of millionaires up

Bulgaria

Margrethe Vestager, European Commissioner for Competition, informed that Russian Gazprom cannot seek compensation from Bulgaria after terminating the South Stream gas pipeline project. SEE News Corporate Wire reports that the Commissioner also revealed that Gazprom was offering higher gas prices in five countries: Bulgaria, Estonia, Latvia, Lithuania, and Poland.

Mrs Vestager informed that the European Commission has already “imposed binding obligations on Gazprom to enable the free flow of gas at competitive prices in Central and Southeast European gas markets, including the removal of any restrictions placed on customers to resell gas cross-border and to give an effective tool to customers to make sure their gas price reflects the price level in competitive Western European gas markets.”

In December 2014 Russians withdrew from the project after the European Commission raised its objections. Russian then announced they will build another system – TurkStream.

Read more

Poland

There are more than 300 companies active in Poland’s space technology sector. It’s 10 times as many as five years ago – the Polish Radio informs.

The Polish Radio reports on the Space Sector Forum 2018 that took place in Warsaw. Technology Minister Jadwiga Emilewicz informed during the congress that five years ago there were only 30 companies operating within the space industry in Poland. Companies operating nowadays are mainly small and medium-sized.

Read more

Moldova

In 2017 there were 1,792 private individuals who earned incomes higher than MDL1m (EUR50,911). In 2016 there were 1,549. The portal IPN.md reports after Moldova’s State Tax Service that the figure includes the taxpayers who submitted tax returns and those whose incomes were taxed at the source of payments. It is worth noticing that those are people who do not perform entrepreneurial activities

As reported, the largest income declared by a person was MDL63,9m (EUR3m). 76 per cent of the millionaires are men aged 24 to 80. 450 millionaires are living and operating in Chisinau, 11 are from Balti.

Read more

What’s up in indexes

BET (of Bucharest) decreased from 8,356.76 index points Wednesday, May 23rd to 8,281.67 index points Thursday, May 24th. It’s down 0.90 per cent d/d and down 3.13 per cent y/y.

BUX (of Budapest) increased from 35,456.52 index points Wednesday, May 23rd to 35,893.00 index points Thursday, May 24th. It’s up 1.23 per cent d/d and up 4.79 per cent y/y.

CROBEX (of Zagreb) decreased from 1,851.38 index points Wednesday, May 23rd to 1,848.73 index points Thursday, May 24th. It’s down 0.14 per cent d/d and up 1.98 per cent y/y.

OMXR (of Riga) decreased from 1,038.72 index points Wednesday, May 23rd to 1,038.55 index points Thursday, May 24th. It’s down 0.02 per cent d/d and up 24.64 per cent y/y.

OMXT (of Tallinn) increased from 1,253.59 index points Wednesday, May 23rd to 1,258.74 index points Thursday, May 24th. It’s up 0.41 per cent d/d and up 12.25 per cent y/y.  

OMXV (of Vilnius) increased from 707.99 index points Wednesday, May 23rd to 712.30 index points Thursday, May 24th. It’s up 0.61 per cent d/d and up 21.60 per cent y/y.

PX (of Prague) increased from 1,099.54 index points Wednesday, May 23rd to 1,103.42 index points Thursday, May 24th. It’s up 0.35 per cent d/d and up 9.17 per cent y/y.

SAX (of Bratislava) decreased from 332.26 index points Wednesday, May 23rd to 329.78 index points Thursday, May 24th. It’s down 0.75 per cent d/d and up 7.03 per cent y/y.

Thursday, May 24th was a non-trading day at Bulgaria’s bourse. SOFIX (of Sofia) closed at 642.90 index points Wednesday, May 23rd.

UX (of Kyiv) decreased from 1,765.33 index points Wednesday, May 23rd to 1,662.67 index points Thursday, May 24th. It’s down 5.82 per cent d/d and up 77.54 per cent y/y.

WIG20 (of Warsaw) increased from 2,209.32 index points Wednesday, May 23rd to 2,213.26 index points Thursday, May 24th. It’s up 0.18 per cent d/d and down 4.81 per cent y/y.

Share this post

TOP