Romanian company takes over Air Moldova

(Aero Icarus, CC BY-SA)

Poland’s PM to seek investors and business partners in the US

Latvia: highest-paying jobs in the IT and financial sectors

Romania

Romania’s Civil Aviation Group takes over Moldovan airlines — Air Moldova. The value of the transaction is EUR61.4m and will help Air Moldova to avoid bankruptcy.

EUR2.6m will be transferred to Moldovan government. The rest represents Air Moldova’s debt which the new owner has committed to repay. The SEE News Corporate Wire informs that Civil Aviation Group comprises Romanian low-cost carrier Blue Air and two individual associates (Moldovan citizens).

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Poland

The Polish Radio reports on Poland’s Prime Minister Mateusz Morawiecki trip to the United States. The official visit starts in October 4th. Mr. Morawiecki’s aim is to find business partners eager to invest in Poland.

The Radio quotes Jerzy Kwieciński, Investment and Development Minister: „We need such partners to sell our products and to bring in technologies that are not available in Poland, but also to learn from Americans how to build an innovative economy, because this is the best model in the world”.

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Latvia

The best paid Latvians work in the IT and financial sectors, the Baltic Course informs. The portal presents data from the survey of salaries and productivity conducted by Latvian IT Cluster and Fontes personnel management consultancy and research company. According to the report, the overall salary in the IT sector was up 7.9 per cent in 2018. Also the productivity and exports of IT services increased.

When it comes to the equality in the IT sector — both male and female employees “are almost the same”. On the average, men are paid 5 per cent more than women.

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What’s up in indexes

BET (of Bucharest) decreased from 8,432.72 index points Monday, October 1st to 8,502.48 index points Tuesday, October 2nd. It’s up 0.73 per cent d/d and up 7.70 per cent y/y.

BUX (of Budapest) increased from 36,883.00 index points Monday, October 1st to 37,281.00 index points Tuesday, October 2nd. It’s up 1.10 per cent d/d and down 1.66 per cent y/y.

CROBEX (of Zagreb) increased from 1,782.15 index points Monday, October 1st to 1,782.80 index points Tuesday, October 2nd. It’s up 0.08 per cent d/d and up 0.78 per cent y/y.

OMXR (of Riga) increased from 975.69 index points Monday, October 1st to 986.88 index points Tuesday, October 2nd. It’s up 1.15 per cent d/d and down 1.18 per cent y/y.

OMXT (of Tallinn) closed at 1,218.55 index points Tuesday, October 2nd. It’s the same result as Monday’s. It’s 0 per cent change d/d and up 0.45 per cent y/y.

OMXV (of Vilnius) decreased from 685.26 index points Monday, October 1st to 685.18 index points Tuesday, October 2nd. It’s down 0.01 per cent d/d and up 6.42 per cent y/y.

PX (of Prague) increased from 1,098.21 index points Monday, October 1st to 1,099.12 index points Tuesday, October 2nd. It’s up 0.08 per cent d/d up 4.60 per cent y/y.

SAX (of Bratislava) decreased from 329.01 index points Monday, October 1st to 328.54 index points Tuesday, October 2nd. It’s down 0.14 per cent d/d and up 3.39 per cent y/y.

SOFIX (of Sofia) increased from 625.74 index points Monday, October 1st to 628.49 index points Tuesday, October 2nd. It’s up 0.44 per cent d/d and down 8.62 per cent y/y.

UX (of Kyiv) decreased from 1,657.95 index points Monday, October 1st to 1,647.02 index points Tuesday, October 2nd. It’s down 0.66 per cent d/d and up 35.07 per cent y/y.

WIG20 (of Warsaw) decreased from 2,284.01 index points Monday, October 1st to 2,280.04 index points Tuesday, October 2nd. It’s down 0.17 per cent d/d and down 7.67 per cent y/y.

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