Poland opens lobbying center in Brussels

Poland’s PM Mateusz Morawiecki, Brussels, Belgium (KPRM/Krystian Maj, Public domain)

Romania activates 5G services

Slovaks buy more expensive cars than Czechs

Poland

Polish PM Mateusz Morawiecki, along with the Vice President of the European Commission for the Energy Union Maros Sefcovic, opened Business&Science Poland (BSP), a lobbying center for Polish companies in Brussels. “We want to have strong mechanisms influencing legislation in Brussels. Maintaining freedom of services is crucial for us,” Mr. Morawiecki said.

The role of BSP is to advise enterprises on understanding the decision-making and legislative processes in the EU and provide support for its members. Currently, BSP members are solely Polish state-owned companies and public institutions, PAP News Agency informed.

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Romania

Vodafone Romania has become the first local operator to launch 5G services. “The company launched the services based on existing radio frequencies and initially it covers several busy areas in Bucharest, but by the end of 2019 SupernetTM 5G network will expand to other major cities in Romania,” Cătălin Buliga, technical director of Vodafone Romania informed.

According to Vodafone clients with 5G smart phones will be able to experience 450-500 Mbps of data transmission.

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Slovakia

According to a survey carried out by the Home Credit company the average price of used vehicles in Slovakia has increased by more than two-thirds in the past decade. “While in 2009 Slovaks paid EUR6,800 for the car, they paid EUR11,400 for a car last year,” company analyst Jaroslav Ondrushek informed. The average age of the purchased cars have not changed significantly in recent years and is just over 6 years. The survey showed that Slovaks pay about EUR900 more for a used car than Czechs.

A Slovak taking a loan to buy a car is 36 years old. “When compared with the Czech Republic, Slovaks who purchase a car are younger than Czechs,” said Mr. Ondrušek

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What’s up in indexes

BET (of Bucharest) increased from 8186.89 index points Wednesday, May 15th to 8203.69 index points Thursday, May 16th. It’s up 0.30 per cent d/d and down 4.35 per cent y/y.

BUX (of Budapest) decreased from 40291.00 index points Wednesday, May 15th to 40288.00 index points Thursday, May 16th. It’s down 0.01 per cent d/d and up 7.22 per cent y/y.

OMXR (of Riga) increased from 1021.10 index points Wednesday, May 15th to 1027.27 index points Thursday, May 16th. It’s up 0.60 per cent d/d and down 4.28 per cent y/y.

OMXT (of Tallinn) decreased from 1250.38 index points Wednesday, May 15th to 1254.03 index points Thursday, May 16th. It’s down 0.09 per cent d/d and down 0.40 per cent y/y.

OMXV (of Vilnius) decreased from 688.75 index points Wednesday, May 15th to 683.05 index points Thursday, May 16th. It’s down 0.25 per cent d/d and down 3.55 per cent y/y.

PX (of Prague) decreased from 1052.07 index points Wednesday, May 15th to 1051.57 index points Thursday, May 16th. It’s down 0.05 per cent d/d and down 4.93 per cent y/y.

RTS (of Moscow) increased from 1247.02 index points Wednesday, May 15th to 1261.33 index points Thursday, May 16th. It’s up 1.15 per cent d/d and up 6.01 per cent y/y.

SAX (of Bratislava) decreased from 347.27 index points Wednesday, May 15th to 345.42 index points Thursday, May 16th. It’s down 0.53 per cent d/d and up 4.72 per cent y/y.

SOFIX (of Sofia) increased from 566.30 index points Wednesday, May 15th to 569.10 index points Thursday, May 16th. It’ up 0.48 per cent d/d and down 11.43 per cent y/y.

UX (of Kyiv) closed at 1715.11 index points Thursday, May 16th. It’s the same result as Wednesday’s. It’s 0 per cent change d/d and down 5.01 per cent y/y.

WIG20 (of Warsaw) increased from 2169.18 index points Wednesday, May 15th to 2188.43 index points Thursday, May 16th. It’s up 0.89 per cent d/d and down 3.84 per cent y/y.

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