Poland: the number of completed housing units up 6.3 per cent

Szczecin, Poland (Kapitel, CC BY-SA)

Lithuania with the biggest growth of new cars sales

Bulgaria: 2,000 start-ups created in 5 years

Poland

The Polish Radio reports on the growing number of new homes built in Poland. As reported, in the period January-June 2018, the number of apartments completed by developers grew by 6.3 per cent compared with the same period of 2017.

According to Statistics Poland (GUS) a total of 83,217 housing units were completed nationwide in H1’18.

But still, as the Radio points out, there is a shortage of about 3 million housing units in the country.

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Lithuania

In the first half of 2018 in the European Union (EU) the fastest pace of new cars sales was observed in Lithuania. As reported, Lithuania had an increase of 24.6 per cent. Sales increased also in Estonia (up 8.1 per cent) and Latvia (up 5.3 per cent).

The number of new cars sold in the whole EU grew by 5.2 per cent in the period mentioned. In total approximately 1.6 million cars were sold in the EU countries. It’s up 2.9 per cent y/y.

The largest markets saw increases of 4.7 per cent (France) or 2.9 per cent (Germany). The decreases were observed in the United Kingdom (down 6.3 per cent) or Italy (down 1.4 per cent).

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Bulgaria

Novinite.com reports, after Deputy Minister of Economy Alexander Manolev, that about 2,000 start-ups have been created in Bulgaria in the last 5 years. According to the minister, approximately 1,000 still exist. 40 per cent of start-ups have received further funding from investments funds.

The figures were shown during the presentation of the procedure of the Operational Program “Innovation and Competitiveness” – “Promotion of the Entrepreneurship”. As the portal informs, the budget of the procedure is BGN67m (EUR34m) and its goal is to finance more than 350 projects. The ministry expects that it will receive some 2,000 project proposals.

More than BGN700m have been distributed under the Operational Program “Innovation and Competitiveness” in Bulgaria. A total of 1,850 contracts amounting to BGN1.7bn (EUR869m) have been concluded.

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What’s up in indexes

BET (of Bucharest) increased from 7,986.87 index points Monday, July 16th to 8,011.40 index points Tuesday, July 17th. It’s up 0.34 per cent d/d and down 1.76 per cent y/y.

BUX (of Budapest) decreased from 35,267.00 index points Monday, July 16th to 34,751.00 index points Tuesday, July 17th. It’s down 1.46 per cent d/d and down 3.85 per cent y/y.

CROBEX (of Zagreb) decreased from 1,802.96 index points Monday, July 16th to 1,791.63 index points Tuesday, July 17th. It’s down 0.63 per cent d/d and down 1.11 per cent y/y.

OMXR (of Riga) increased from 1,022.76 index points Monday, July 16th to 1,032.52 index points Tuesday, July 17th. It’s up 0.95 per cent d/d and up 5.15 per cent y/y.

OMXT (of Tallinn) increased from 1,259.64 index points Monday, July 16th to 1,267.22 index points Tuesday, July 17th. It’s up 0.60 per cent d/d and up 6.54 per cent y/y.

OMXV (of Vilnius) increased from 716.19 index points Monday, July 16th to 716.34 index points Tuesday, July 17th. It’s up 0.02 per cent d/d and up 17.11 per cent y/y.

PX (of Prague) decreased from 1,088.24 index points Monday, July 16th to 1,081.39 index points Tuesday, July 17th. It’s down 0.63 per cent d/d and up 7.56 per cent y/y.

SAX (of Bratislava) closed at 342.47 index points Tuesday, July 17th. It’s 0 per cent change d/d and up 2.30 per cent y/y.

SOFIX (of Sofia) increased from 623.85 index points Monday, July 16th to 624.47 index points Tuesday, July 17th. It’s up 0.10 per cent d/d and down 12.16 per cent y/y.

UX (of Kyiv) increased from 1,592.43 index points Monday, July 16th to 1,602.79 index points Tuesday, July 17th. It’s up 0.65 per cent d/d and up 54.10 per cent y/y.

WIG20 (of Warsaw) increased from 2,133.98 index points Monday, July 16th to 2,153.21 index points Tuesday, July 17th. It’s up 0.90 per cent d/d and down 9.23 per cent y/y.

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