Poland’s pharmaceutical market up 5.4 per cent y/y in 2017

(Julo, Public domain)

Europe will receive gas from Azerbaijan in 2020

The number of new passenger cars up 9.7 per cent y/y (in the period January-September 2017)

Poland

Poland’s pharmaceutical market grows. The Polish Radio reports, after the company QintilesIMS, that in 2017 it will total PLN38.5bn (EUR9bn). It’s up 5.4 per cent y/y. “One of the factors responsible for the growth was a high infection incidence at the beginning of 2017, which caused an uptick in demand for medicine available over the counter,” QuintilesIMS writes in its report.

According to QuintilesIMS the OTC sector will grow to over PLN14bn (up PLN800m y/y).

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Azerbaijan

Europe can expect that in 2020 will start receiving gas directly from Azerbaijan, Turkish Energy Minister Berat Albaicar said in an interview.

Novinite.com reports that Mr. Albaicar “inspected the pipeline construction process under the Dardanelles and pointed out that in 2018 the TANAP project will be completed and the TAP Trans-Adriatic gas pipeline will be completed in 2020, then supply of Azeri gas to Europe will begin”.

TANAP stands for the Trans-Anatolian Natural Gas Pipeline – that leads from Azerbaijan through Georgia and Turkey to Europe. The construction of the project started in March 2015. It is scheduled to be completed by 2018. It would allow Azerbaijani gas exports to Europe and will strengthen the role of Turkey as an energy hub.

Regarding works on the TANAP project, Mr. Albaicar commented: “And if today’s pace persists, work will end earlier than the agreed deadlines (…) Work runs on schedule with professional builders and strict adherence to the safety rules. More than 80 per cent of project activities have already been completed thanks to coordination between the Malaysian team and other stakeholders”.

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Latvia

51,347 new passenger cars were registered in Latvia in the first nine months of 2017. The Baltic Course reports, after the Latvian Road Traffic Safety Directorate (CSDD), that for the first time registration of passenger cars increased by 9.7 per cent y/y.

The number of registered transport vehicles grew by 8.8 per cent (to 67,233). But the number of the new truck registered dropped by 0.4 per cent y/y and the number of buses grew 27.1 per cent

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What’s up in indexes

BET (of Bucharest) increased from 7,984.32 index points Friday, October 6th to 8,006.37 index points Monday, October 9th. It’s up 0.23 per cent d/d and up 15.84 per cent y/y.

BUX (of Budapest) increased from 37,941.82 index points Friday, October 6th to 38,008.75 index points Monday, October 9th. It’s up 0.18 per cent d/d and up 33.04 per cent y/y.

CROBEX (of Zagreb) decreased from 1,813.27 index points Friday, October 6th to 1,811.06 index points Monday, October 9th. It’s down 0.12 per cent and down 9.08 per cent y/y.

OMXR (of Riga) increased from 997.01 index points Friday, October 6th to 998.10 index points Monday, October 9th. It’s up 0.11 per cent d/d and up 37.10 per cent y/y.

OMXT (of Tallinn) increased from 1,216.83 index points Friday, October 6th to 1,219.90 index points Monday, October 9th. It’s up 0.25 per cent d/d and up 21.32 per cent y/y.

OMXV (of Vilnius) decreased from 644.92 index points Friday, October 6th to 644.13 index points Monday, October 9th. It’s down 0.12 per cent d/d and up 18.07 per cent y/y.

PX (of Prague) increased from 1,058.06 index points Friday, October 6th to 1,059.11 index points Monday, October 9th. It’s up 0.10 per cent d/d and up 18.87 per cent y/y.

SAX (of Bratislava) decreased from 322.71 index points Friday, October 6th to 321.54 index points Monday, October 9th. It’s down 0.36 per cent d/d and up 2.63 per cent y/y.

SOFIX (of Sofia) decreased from 679.50 index points Friday, October 6th to 679.41 index points Monday, October 9th. It’s down 0.01 per cent d/d and up 33.83 per cent y/y.

UX (of Kyiv) decreased from 1,218.32 index points Friday, October 6th to 1,211.82 index points Monday, October 9th. It’s down 0.53 per cent d/d and up 41.76 per cent y/y.

WIG20 (of Warsaw) increased from 2,479.46 index points Friday, October 6th to 2,499.35 index points Monday, October 9th. It’s up 0.80 per cent d/d and up 41.53 per cent y/y.

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