Possible merger of Poland’s state-owned refineries

Krakow, Poland (Pece, CC BY)

Ukraine’s PM: the goal is 5-7 per cent GDP growth

Romanian IT specialists working abroad want to go back home

Poland

It is almost sure that Poland’ PKN Orlen will merge with the other Polish oil company Lotos – the daily “Parkiet” informs. The newspaper quotes Poland’s deputy Infrastructure and Construction Minister Kazimierz Smoliński saying that: “For now it is not known when the government will make a decision on the merger, but I think it is a matter of time.”

Smoliński added that there is no other country similar in size to Poland, where two major state-owned companies in this industry exist.

>>More

Ukraine

Ukraine’s Prime Minister Volodymyr Groysman claims his country should grow 5-7 per cent annually. If that happens, Ukraine “could become one of the most successful countries in the continent”. Groysman said his cabinet’s goal should be to create favorable business climate, that would enable such growth.

“I have said several times that we could become one of the most successful economies in the continent. This is absolutely possible, but we need growth [of GDP] not 3 per cent, but 5-7 per cent and more,” Interfax quotes Ukrainian PM.

>>More

Romania

More than 77 per cent of Romanian IT specialist working abroad consider going back home – Romania Insider reports after the company DB Global Technology. The survey of the company, conducted in partnership with Catalyst Solutions, shows that at the same time 43 per cent of respondents claimed “they had little or no information about the evolution of the IT sector in Romania”.

The IT industry in Romania exceeds EUR4bn. It is expected to grow 15 per cent in the next 3-4 years.

>>More

What’s up in indexes

BET (of Bucharest) increased from 7,881.59 index points Tuesday, October 24th to 7,887.79 index points Wednesday, October 25th. It’s up 0.11 per cent d/d and up 16.30 per cent y/y.

BUX (of Budapest) increased from 39,411.36 index points Tuesday, October 24th to 39,840.92 index points Wednesday, October 25th. It’s up 1.09 per cent d/d and up 34.06 per cent y/y.

CROBEX (of Zagreb) increased from 1,888.81 index points Tuesday, October 24th to 1,889.40 index points Tuesday, October 25th. It’s up 0.32 per cent and down 4.21 per cent y/y.

OMXR (of Riga) decreased from 1,020.42 index points Tuesday, October 24th to 1,017.11 index points Wednesday, October 25th. It’s down 0.32 per cent d/d and up 43.22 per cent y/y.

OMXT (of Tallinn) decreased from 1,226.93 index points Tuesday, October 24th to 1,225.86 index points Wednesday, October 25th. It’s down 0.09 per cent d/d and up 19.02 per cent y/y.

OMXV (of Vilnius) increased from 655.70 index points Tuesday, October 24th to 657.28 index points Wednesday, October 25th. It’s up 0.24 per cent d/d and up 18.93 per cent y/y.

PX (of Prague) increased from 1,051.46 index points Tuesday, October 24th to 1,064.10 index points Wednesday, October 25th. It’s up 1.20 per cent d/d and up 13.92 per cent y/y.

SAX (of Bratislava) decreased from 322.37 index points Tuesday, October 24th to 318,39 index points Wednesday, October 25th. It’s down 1.23 per cent d/d and up 1.56 per cent y/y.

SOFIX (of Sofia) increased from 654.37 index points Tuesday, October 24th to 654.37 index points Tuesday, October 25th. It’s up 0.28 per cent d/d and up 26.43 per cent y/y.

UX (of Kyiv) increased from 1,242.53 index points Tuesday, October 24th to 1,249.05 index points Tuesday, October 25th. It’s up 0.52 per cent d/d and up 49.18 per cent y/y.

WIG20 (of Warsaw) increased from 2,448.45 index points Tuesday, October 24th to 2,449.89 index points Tuesday, October 25th. It’s up 0.06 per cent d/d and up 37.20 per cent y/y.

Share this post

TOP