PGNiG starts Norwegian drillings as an operator

(PGNiG Upstream Norway AS, Public domain)

EU provides EUR101m to upgrade Slovenian railway

Tatra Trucks to supply Czech army with 71 vehicles

Poland

Poland’s state-owned oil&gas company PGNiG will launch its first Norwegian Sea drillings as an operator. PGNiG informed that the drillings will be carried out from a latest-generation rig. “The drillings will be conducted on the so-called Shrek bed at 2 kilometers below sea level,” PGNiG CEO, Piotr Wozniak said.

Mr. Wozniak also announced PGNiG’s plans to apply for more gas extracting licenses on the Norwegian Sea and said the company will carry out 15 gas drillings in Poland by the end of the year.

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Slovenia

The EU Cohesion Fund is to contribute EUR101m for the renovation of a 16 km railway section between Maribor and Šentilj on the border with Austria, the European Commission informed. The upgrade will increase the daily capacity of the section from 67 to 84 trains.

The line is a part of the Baltic – Adriatic Corridor and is used by freight traffic from the Slovenian port of Koper to Central Europe.

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Czech Republic

Tatra Trucks will supply 71 trucks to Czech military. The value of the contract is EUR21m, the company’s spokesman Andrej Cirtek announced. A total of 37 heavy Tatra Force trucks and 34 medium Tatra Tactic trucks will be delivered to the military in the next two years.

Czech truck and special purpose automobile manufacturer plans to build up to 1100 vehicles in 2019. Around 80 per cent of Tatra products are exported.

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What’s up in indexes

BET (of Bucharest) decreased from 9127.70 index points Thursday, August 22nd to 9095.00 index points Friday, August 23rd. It’s down 0.27 per cent d/d and up 10.8 per cent y/y.

BUX (of Budapest) increased from 39395.00 index points Thursday, August 22nd to 39519.58 index points Friday, August 23rd. It’s up 0.32 per cent d/d and up 9.21 per cent y/y.

OMXR (of Riga) increased from 1019.56 index points Thursday, August 22nd to 1022.32 index points Friday, August 23rd. It’s up 0.27 per cent d/d and up 2.74 per cent y/y.

OMXT (of Tallinn) decreased from 1252.14 index points Thursday, August 22nd to 1248.89 index points Friday, August 23rd. It’s down 0.26 per cent d/d and up 2.74 per cent y/y.

OMXV (of Vilnius) decreased from 689.21 index points Thursday, August 22nd to 688.66 index points Friday, August 23rd. It’s down 0.08 per cent d/d and down 2.61 per cent y/y.

PX (of Prague) increased from 1042.32 index points Thursday, August 22nd to 1045.55 index points Friday, August 23rd. It’s up 0.31 per cent d/d and down 3.18 per cent y/y.

RTS (of Moscow) decreased from 1282.63 index points Thursday, August 22nd. to 1268.45 index points Friday, August 23rd. It’s down 1.11 per cent d/d and up 21.5 per cent y/y.

SAX (of Bratislava) closed at 343.69 index points Friday, August 23rd. It’s the same result as Thursday’s. It’s 0 per cent change d/d and down 1.66 per cent y/y.

SOFIX (of Sofia) increased from 574.00 index points Thursday, August 22nd to 576.43 index points Friday, August 23rd. It’s up 0.30 per cent d/d and down 9.13 per cent y/y.

UX (of Kyiv) closed at 1555.69 index points Friday, August 23rd. It’s the same result as Thursday’s. It’s 0 per cent change d/d and down 4.69 per cent y/y.

WIG20 (of Warsaw) decreased from 2108.05 index points Thursday, August 22nd to 2103.68 index points Friday, August 23rd. It’s down 0.21 per cent d/d and down 9.44 per cent y/y.

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