Modernization of Belgrade Airport will cost EUR730m

Nikola Tesla airport, Belgrade, Serbia (Leo Sauermann, CC BY-NC-ND 2.0)

Ukraine imposes special duty on Russian diesel fuel

World Bank opens shared services center in Sofia

Serbia

France has officially launched a EUR730m project of modernization of the Nikola Tesla airport in Belgrade, the company announced. The investment is aimed to enable the airport to serve 15 million passengers yearly.

Vinci Airports officially took over the management of Belgrade airport in December 2018. The Belgrade airport serviced 2.611 million passengers in the H1’19, up 5.9 per cent y/y.

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Ukraine

The Ukrainian government has introduced a duty on imports of Russian diesel fuel from August 1st, Interfax News Agency informed. “This joint decision of the president and government was adopted as a response to the expansion of Russian economic sanctions,” president’s representative to the government, Andriy Gerus wrote on Facebook.

According to Ukrinform website, the introduced taxes are: 2 per cent duty on the annual amount of up to 2.5 million tons of diesel fuel, and 25 per cent if this amount is exceeded. The amount corresponds to the current level of Russian diesel fuel imports (about 2.4 million tons per year).

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Bulgaria

The World Bank has opened a new shared services center in Sofia to provide corporate and technology support to global business operations. Sofia was chosen following a competitive search for a location, based on a broad number of criteria, including cost effectiveness, the quality of the information technology infrastructure, and the local talent pool. The World Bank expects the center to employ up to 300 people.

In addition to providing IT and corporate services, the Sofia center will allow the institution to better serve its locations across different time zones and continue improving the diversity of its workforce.

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What’s up in indexes

BET (of Bucharest) decreased from 9153.08 index points Wednesday, July 17th to 9020.26 index points Thursday, July 18th. It’s down 0.90 per cent d/d and up 12.9 per cent y/y.

BUX (of Budapest) increased from 40991.00 index points Wednesday, July 17th to 41282.00 index points Thursday, July 18th. It’s up 0.71 per cent d/d and up 18.9 per cent y/y.

OMXR (of Riga) increased from 1024.19 index points Wednesday, July 17th to 1031.76 index points Thursday, July 18th. It’s up 0.74 per cent d/d and up 0.19 per cent y/y.

OMXT (of Tallinn) decreased from 1273.66 index points Wednesday, July 17th to 1271.80 index points Thursday, July 18th. It’s down 0.15 per cent d/d and up 1.11 per cent y/y.

OMXV (of Vilnius) decreased from 681.32 index points Wednesday, July 17th to 681.20 index points Thursday, July 18th. It’s down 0.02 per cent d/d and down 4.53 per cent y/y.

PX (of Prague) increased from 1062.36 index points Wednesday, July 17th to 1063.87 index points Thursday, July 18th. It’s up 0.14 per cent d/d and down 2.16 per cent y/y.

RTS (of Moscow) decreased from 1361.58 index points Wednesday, July 17th to 1349.76 index points Thursday, July 18th. It’s down 0.87 per cent d/d and up 17.9 per cent y/y.

SAX (of Bratislava) decreased from 341.20 index points Wednesday, July 17th to 338.92 index points Thursday, July 18th. It’s down 0.67 per cent d/d and down 1.04 per cent y/y.

SOFIX (of Sofia) decreased from 577.20 index points Wednesday, July 17th to 577.00 index points Thursday, July 18th. It’s down 0.05 per cent d/d and down 8.19 per cent y/y.

UX (of Kyiv) increased from 1593.63 index points Wednesday, July 17th to 1594.41 index points Thursday, July 18th. It’s up 0.05 per cent d/d and down 0.95 per cent y/y.

WIG20 (of Warsaw) increased from 2306.67 index points Wednesday, July 17th to 2321.41 index points Thursday, July 18th. It’s up 0.64 per cent d/d and up 8.02 per cent y/y.

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