Polish PKP plans to purchase new trains

(Paul Smith, CC BY)

Estonia and Russia cooperate on transport and logistics

Bulgaria: exports of wine up 13 per cent

Poland

PKP Intercity (the Polish state-owned rail carrier) develops its services. The Management Board calls it “the greatest investment plan” ever introduced in the company. The company will spend over EUR1.67bn to “modernize its rolling stock and buy new trains and engines by 2023”. More than 700 train cars will be modernized and 185 units will be purchased. As the Polish Radio reports, passengers will able to travel at speeds of over 200 km/h.

According to the preliminary data, PKP Intercity transported more than 40 million passengers in 2017. In 2016 it was 38.5 million.

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Estonia

Estonia will work altogether with Russia to “raise the speed” of the trains going between Estonian and Russian cities. The Baltic Course reports that the two countries signed an agreement dealing with different aspects of cooperation in the field of transport and logistics.

For example, both sides decided to “try and raise the speed of the Tallinn – St. Petersburg – Moscow train” to the speed similar to St. Petersburg – Helsinki train.

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Bulgaria

17,5 million tons of Bulgarian wine were exported in the period January-October 2017. It’s up 13 per cent y/y. Lachezar Borisov, the Deputy Economy Minister of Bulgaria, informed that the total sum of transactions reached EUR17,4m.

Mr. Borisov pointed out that there are 260 cellars in Bulgaria where the wine is being produced. The number of those cellars “constantly grows”. He also outlined the synergy between wine production, a traditional Bulgarian sector, and cultural and wine tourism.

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What’s up in indexes

BET (of Bucharest) increased from 7,781.00 index points Tuesday, December 19th to 7,800.32 index points Wednesday, December 20th. It’s up 0.40 per cent d/d and up 11.08 per cent y/y.

BUX (of Budapest) increased from 38,807.09 index points Tuesday, December 19th to 38,846.60 index points Wednesday, December 20th. It’s up 0.10 per cent d/d and up 22.49 per cent y/y.

CROBEX (of Zagreb) increased from 1,845.08 index points Tuesday, December 19th to 1,845.53 index points Wednesday, December 20th. It’s up 0.02 per cent d/d and down 4.68 per cent y/y.

OMXR (of Riga) decreased from 1,009.95 index points Tuesday, December 19th to 1,005.42 index points Wednesday, December 20th. It’s down 0.45 per cent d/d and up 38.34 per cent y/y.

OMXT (of Tallinn) increased from 1,200.87 index points Tuesday, December 19th to 1,218.45 index points Wednesday, December 20th. It’s up 1.46 per cent d/d and up 14.78 per cent y/y.

OMXV (of Vilnius) increased from 650.56 index points Tuesday, December 19th to 652.96 index points Wednesday, December 20th. It’s up 0.37 per cent d/d and up 18.81 per cent y/y.

PX (of Prague) increased from 1,071.24 index points Tuesday, December 19th to 1,075.86 index points Wednesday, December 20th. It’s up 0.43 per cent d/d and up 17.26 per cent y/y.

SAX (of Bratislava) increased from 326.23 index points Tuesday, December 19th to 327.48 index points Wednesday, December 20th. It’s up 0.38 per cent d/d and up 3.83 per cent y/y.

SOFIX (of Sofia) increased from 662.80 index points Tuesday, December 19th to 663.79 index points Wednesday, December 20th. It’s up 0.15 per cent d/d and up 15.75 per cent y/y.

UX (of Kyiv) decreased from 1,332.73 index points Tuesday, December 19th to 1,342.94 index points Wednesday, December 20th. It’s down 0.58 per cent d/d and up 73.74 per cent y/y.

WIG20 (of Warsaw) increased from 2,455.99 index points Tuesday, December 19th to 2,459.33 Wednesday, December 20th. It’s up 3.34 per cent d/d and up 26.74 per cent y/y.

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