New airline enters Polish market

(Marvin Mutz, CC BY-SA)

Pro-Russian party wins election in Latvia

Serbia will focus on renewable energy

Poland

The Polish Radio informs that a new airline enters Poland. The first flight of the Austrian Laudamotion is scheduled on October 28th. The airline will offer flights between Kraków (southern Poland) and Vienna (Austria’s capital).

The portal points out that the majority owner of Laudamotion is Irish Ryanair. Former Formula 1 driver Niki Lauda has a minority stake in the company.

Flights between the two cities will take place 4 times a week.

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Latvia

“A pro-Russian party has won the most votes in Latvia following Saturday’s general election,” BBC informs. The radio points out that the party headed by Nils Ushakovs (the mayor of Riga) wants Latvia to stay in the European Union (EU) and in NATO but demands closer economic relations with Russia.

The Harmony party won almost 20 per cent vote. The antisystem KPV LV won 13.91 per cent. The international media comment that Harmony will probably form a government with KPV LV plus one or two populist parties.

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Serbia

Serbia’s government wants to develop renewable energy projects. The SEE News Corporate Wire informs, after the country’s energy minister Aleksandar Antic, that the cabinet expects to have “an installed renewable energy capacity of 600MW by 2020”.

At current it’s 150MW and by the end of 2018 a further 200MW will be added (this is — respectively — 42MW, 105MW and 100MW from the wind farms Alibunar, Kovacica and Cibuk).

The government is considering “the launch of an auction-based model for incentives for the development of renewable energy projects, instead of the currently used feed-in tariff”.

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What’s up in indexes

BET (of Bucharest) increased from 8,516.82 index points Thursday, October 4th to 8,554.15 index points Friday, October 5th. It’s up 0.44 per cent d/d and up 8.22 per cent y/y.

BUX (of Budapest) decreased from 37,146.73 index points Thursday, October 4th to 36,945.25 index points Friday, October 5th. It’s down 0.54 per cent d/d and down 2.46 per cent y/y.

CROBEX (of Zagreb) decreased from 1,774.77 index points Thursday, October 4th to 1,766.69 index points Friday, October 5th. It’s down 0.46 per cent d/d and down 0.19 per cent y/y.

OMXR (of Riga) decreased from 981.57 index points Thursday, October 4th to 977.10 index points Friday, October 5th. It’s down 0.46 per cent d/d and down 1.87 per cent y/y.

OMXT (of Tallinn) decreased from 1,222.04 index points Thursday, October 4th to 1,219.01 index points Friday, October 5th. It’s down 0.25 cent d/d and up 0.28 per cent y/y.

OMXV (of Vilnius) decreased from 678.99 index points Thursday, October 4th to 676.02 index points Friday, October 5th. It’s down 0.44 per cent d/d and up 4.56 per cent y/y.

PX (of Prague) decreased from 1,110.47 index points Thursday, October 4th to 1,103.38 index points Friday, October 5th. It’s down 0.64 per cent d/d up 4.35 per cent y/y.

SAX (of Bratislava) closed at 329.01 index points Friday, October 5th. It’s the same result as Thursday’s. It’s 0 cent change d/d and up 1.31 per cent y/y.

SOFIX (of Sofia) increased from 622.52 index points Thursday, October 4th to 623.41 index points Friday, October 5th. It’s up 0.14 per cent d/d and down 7.36 per cent y/y.

UX (of Kyiv) closed at 1,669.75 index points Friday, October 5th. It’s the same result as Thursday’s. It’s 0 per cent change d/d and up 36.82 per cent y/y.

WIG20 (of Warsaw) decreased from 2,275.65 index points Thursday, October 4th to 2,264.20 index points Friday, October 5th. It’s down 0.50 per cent d/d and down 8.09 per cent y/y.

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