Lithuania’s capital will invest EUR39m to upgrade public transport

Vilnius, Lithuania (Konrad Krajewski, CC BY-NC)

Croatian Airlines look for a strategic partner

Poland: the number of people taking mortgages up

Lithuania

Vilnius, the capital of Lithuania, will upgrade its public transport by purchasing electric and hybrid buses – the Baltic Course informs. As reported, the city will invest EUR39m to improve its transport systems. According to the plan, 135 new electric and hybrid vehicles will be purchased.

By 2020, the municipality wants to buy 5 electric and 70 hybrid buses, as well as 50 LNG-power buses and 10 smaller diesel units. A tender for the purchase of new buses will be announced by the end of 2019.

The city explains that after the upgrade, the oldest units of the Vilnius’ fleet will be 5 years old.

Read more

Croatia

Croatian government looks for a strategic partner for Croatia Airlines. The state-owned company informed it will launch a tender for a financial advisor that will boost its efforts in its search for the investor – the SEE News Corporate Wire informs. Croatia Airlines “has been in financial turmoil for some time, with its employees threatening to strike due to discontent”.

In April 2018, Croatian government announced its National Reform Programme. In the document it stated that “Croatia Airlines can only move forward through a good strategic partnership”. In H1’18 the carrier’s consolidated net loss was EUR10.7m and decreased from a profit of EUR5.8m last year.

Read more

Poland

The Polish Radio informs after the Polish Bank Association (ZBP) and the National Bank of Poland (NBP) that the number of people taking mortgages increased. As reported, by the end of 2018, Poles will take 200,000 mortgages. It’s combined amount will reach PLN50bn (EUR11.7bn). The Polish Radio points out that this is the highest figure in years.

Read more

What’s up in indexes

BET (of Bucharest) decreased from 8,363.47 index points Tuesday, August 28th to 8,336.23 index points Wednesday, August 29th. It’s down 0.45 per cent d/d and up 0.35 per cent y/y.

BUX (of Budapest) increased from 36,818.93 index points Tuesday, August 28th to 37,234.86 index points Wednesday, August 29th. It’s up 1.13 per cent d/d and down 1.08 per cent y/y.

CROBEX (of Zagreb) increased from 1,820.83 index points Tuesday, August 28th to 1,824.65 index points Wednesday, August 29th. It’s up 0.21 per cent d/d and down 1.09 per cent y/y.

OMXR (of Riga) decreased from 983.96 index points Tuesday, August 28th to 977.63 index points Wednesday, August 29th. It’s down 0.64 per cent d/d and down 3.61 per cent y/y.

OMXT (of Tallinn) decreased from 1,220.28 index points Tuesday, August 28th to 1,217.79 index points Wednesday, August 29th. It’s down 0.20 per cent d/d and down 4.54 per cent y/y.

OMXV (of Vilnius) increased from 703.14 index points Tuesday, August 28th to 704.93 index points Wednesday, August 29th. It’s up 0.25 per cent d/d and up 7.75 per cent y/y.

PX (of Prague) decreased from 1,079.60 index points Tuesday, August 28th to 1,078.85 index points Wednesday, August 29th. It’s down 0.07 per cent d/d and up 5.63 per cent y/y.

Wednesday, August 29th was a non-trading day at Bratislava Stock Exchange. SAX (of Bratislava) closed at 347.62 index points Tuesday, August 28th. It’s up 5.79 per cent y/y.

SOFIX (of Sofia) decreased from 630.52 index points Tuesday, August 28th to 630.41 index points Wednesday, August 29th. It’s down 0.02 per cent d/d and down 11.35 per cent y/y.

UX (of Kyiv) increased from 1,632.77 index points Tuesday, August 28th to 1,634.29 index points Wednesday, August 29th. It’s up 0.09 per cent d/d and up 45.85 per cent y/y.

WIG20 (of Warsaw) decreased from 2,390.42 index points Tuesday, August 28th to 2,380.68 index points Wednesday, August 29th. It’s down 0.41 per cent d/d and down 4.68 per cent y/y.

Share this post

TOP