Orlen Latvija turnover was up 29 per cent in 2017

(Radosław Drożdżewski, CC BY-SA)

CO2 emissions in Hungary up 6.9 per cent y/y in 2017

Poland’s games market worth over USD500m

Latvia

The Baltic Course informs that Orlen Latvija, a subsidiary of Lithuanian Mazeikiu Naftos Prekybos Namai (belonging to Polish oli&gas company, PKN Orlen), raised its turnover by 29.5 per cent y/y in 2017. As reported, it reached EUR460.97m. The portal informs that “last year Orlen Latvija generated the bulk of its revenue in Latvia, while a fraction of the 2017 revenue was made in Estonia”. In 2017 the Latvian subsidiary of Orlen paid EUR44.11m of excise tax and EUR1.05m of oil product reserve duty. The company’s revenue from the provision of services totalled EUR804,940 in the period mentioned.

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Hungary

The Budapest Business Journal informs that Hungary’s carbon emission growth in 2017 exceeded the EU average. As reported, it increased by 6.9 per cent y/y, with the EU average growth 1.8 per cent.

According to the EU’s statistical office Eurostat, the highest increases of CO2 emissions from fossil fuel combustion were observed in Malta (up 12.8 per cent), Estonia (up 11.3 per cent), Bulgaria (up 8.3 per cent), Spain (up 7.4 per cent) and Portugal (up 7.3 per cent).

Decreases were registered in Finland (down 5.9 per cent), Denmark (down 5.8 per cent), the United Kingdom (down 3.2 per cent), Ireland (down 2.9 per cent), Belgium (down 2.4 per cent), Latvia (down 0.7 per cent) and Germany (down 0.2 per cent).

EU aims to reduce it carbon emissions by 40 per cent below 1990 levels by 2030.

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Poland

The company Newzoo has just released a report on global computer games market. According to the report Poland’s computer games industry is worth over USD500m. The biggest computer games market is China (worth over USD32bn). The second is the US (worth over USD25bn). Poland ranks 23rd in the global ranking.

As The Polish Radio reports, “around a dozen Polish game producers are listed on the stock exchange”. Most of their revenues come from export markets. The export hit is “The Witcher” by a company CD Projekt.

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What’s up in indexes

BET (of Bucharest) increased from 8,701.45 index points Thursday, May 3rd to 8,788.32 index points Friday, May 4th. It’s up 1.00 per cent d/d and up 6.71 per cent y/y.

BUX (of Budapest) increased from 37,660.99 index points Thursday, May 3rd to 37,916.31 index points Friday, May 4th. It’s up 0.68 per cent d/d and up 17.42 per cent y/y.

CROBEX (of Zagreb) decreased from 1,840.08 index points Thursday, May 3rd to 1,837.72 index points Friday, May 4th. It’s down 0.13 per cent d/d and down 1.30 per cent y/y.

OMXR (of Riga) closed at 1,031.00 index points Friday, May 4th. It’s the same result as Thursday’s. It’s 0 per cent change d/d and up 26.11 per cent y/y.

OMXT (of Tallinn) decreased from 1,249.28 index points Thursday, May 3rd to 1,248.09 index points Friday, May 4th. It’s down 0.10 per cent d/d and up 11.00 per cent y/y.

OMXV (of Vilnius) increased from 706.79 index points Thursday, May 3rd to 706.81 index points Friday, May 4th. It’s up 0.00 per cent d/d and up 21.50 per cent y/y.

PX (of Prague) decreased from 1,113.35 index points Thursday, May 3rd to 1,097.18 index points Friday, May 4th. It’s down 1.45 per cent d/d and up 9.53 per cent y/y.

SAX (of Bratislava) closed at 326.33 index points Friday, May 4th. It’s the same result as Thursday’s. It’s 0 cent change d/d and up 4.73 per cent y/y.

SOFIX (of Sofia) decreased from 658.81 index points Thursday, May 3rd to 652.88 index points Friday, May 4th. It’s down 0.90 per cent d/d and down 1.61 per cent y/y.

UX (of Kyiv) increased from 1,780.70 index points Thursday, May 3rd to 1,810.63 index points Friday, May 4th. It’s up 1.68 per cent d/d and up 76.37 per cent y/y.

WIG20 (of Warsaw) decreased from 2,291.92 index points Wednesday, May 2nd to 2,233.35 index points Friday, May 4th. It’s down 2.56 per cent d/d and down 6.20 per cent y/y.

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