Poland to boost railway shipments from Mažeikiai

Mažeikiai rafinery, Lithuania (Algirdas, CC BY-SA)

Ukraine paid sixth coupon on government external loan bonds

Romania: the number of foreign tourist down in July 2018

Poland and Lithuania

According to Lithuanian Prime Minister Saulius Skvernelis, Poland wants to increase railway shipments from Orlen’s crude refinery in Mažeikiai. The Baltic Course reports that Lithuanian PM was supposed to meet with PKN Orlen’s CEO Daniel Obajtek during the Economic Forum in Krynica (southern Poland).

Mr. Skvernelis and Mr. Obajtek were supposed to deal with the issues like the progress in implementing a cooperation signed by the Lithuanian government and the Polish group in March 2018.

PKN Orlen declared it would invest in the Mažeikiai refinery and would not reduce employment. At the same time the Lithuanian government informed it would review Public Service Obligation tariffs for the company and look at possibilities for building a product pipeline to Klaipeda.

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Ukraine

Ukraine’s Finance Ministry paid USD444m coupon for 2015 Eurobonds. As the Interfax informs, the Eurobonds were “issued as part of a debt operation conducted by Ukraine in 2015, with state and guaranteed state debt, as well as the restructuring of foreign borrowings of Kyiv city, Ukravtodor and state-owned enterprise Pivdene (Yuzhonoye) Design Bureau (Dnipro)”.

It was the sixth coupon. The total amount of the first was USD437.3m, the second, third and fourth — USD505.4m and the fifth — USD444.4m. The interest rate for the bonds was set at 7.75 per cent per annum.

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Romania

The number of foreign tourists in Romania dropped in July 2018 to 317,000 (down 1.2 per cent y/y). According to the National Statistics Institute (INS), this was the first monthly drop “after more than three years of significant growth”. The Romania Insider explains this could be related to the unusually cold and rainy weather in the country in July.

The data shows that in the period January-July 2018 the total number of foreign tourists that checked in local accommodation units reached 1.59 million. It’s up 4.3 per cent y/y. Most of those tourists came from Germany (183,000), Israel (153,000) and Italy (133,000). 

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What’s up in indexes

BET (of Bucharest) decreased from 8,346.07 index points Tuesday, September 4th to 8,312.46 index points Wednesday, September 5th. It’s down 0.40 per cent d/d and up 3.16 per cent y/y.

BUX (of Budapest) increased from 36,968.11 index points Tuesday, September 4th to 37,228.00 index points Wednesday, September 5th. It’s up 0.25 per cent d/d and down 1.72 per cent y/y.

CROBEX (of Zagreb) decreased from 1,818.64 index points Tuesday, September 4th to 1,817.70 index points Wednesday, September 5th. It’s down 0.05 per cent d/d and down 1.42 per cent y/y.

OMXR (of Riga) decreased from 963.04 index points Tuesday, September 4th to 960.84 index points Wednesday, September 5th. It’s down 0.23 per cent d/d and down 4.19 per cent y/y.

OMXT (of Tallinn) decreased from 1,225.51 index points Tuesday, September 4th to 1,221.42 index points Wednesday, September 5th. It’s down 0.33 per cent d/d and down 3.52 per cent y/y.

OMXV (of Vilnius) decreased from 694.91 index points Tuesday, September 4th to 694.72 index points Wednesday, September 5th. It’s down 0.03 per cent d/d and up 6.32 per cent y/y.

PX (of Prague) decreased from 1,073.94 index points Tuesday, September 4th to 1,065.04 index points Wednesday, September 5th. It’s down 0.83 per cent d/d and up 3.87 per cent y/y.

SAX (of Bratislava) increased from 350.24 index points Tuesday, September 4th to 354.87 index points Wednesday, September 5th. It’s up 1.32 per cent d/d and up 7.92 per cent y/y.

SOFIX (of Sofia) decreased from 632.77 index points Tuesday, September 4th to 628.11 index points Wednesday, September 5th. It’s down 0.74 per cent d/d and down 11.02 per cent y/y.

UX (of Kyiv) increased from 1,630.88 index points Tuesday, September 4th to 1,631.46 index points Wednesday, September 5th. It’s up 0.04 per cent d/d and up 44.46 per cent y/y.

WIG20 (of Warsaw) decreased from 2,321.24 index points Tuesday, September 4th to 2,295.51 index points Wednesday, September 5th. It’s down 1.11 per cent d/d and down 8.82 per cent y/y.

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