Slovak patients will pay more for ERs

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ArcelorMittal Kryvyi Rih will invest USD267m in Ukraine

Hungarian Granit Bank for sale

Slovakia

The Slovak Spectator reports the government deal with the question of the health care system misuse. On July 24th the cabinet prepared an amendment to the health care bill, introducing new fees for using the emergency service and the outpatient emergency service. As reported, patient may soon pay EUR10 for visiting the emergency rooms (it’s up EUR8 compared to the current fee). For coming to the outpatient emergency rooms one will be charged EUR2 (the current fee is EUR1.99).

The government of Robert Fico claims the goal is to “prevent patients from abusing the emergency health care system”. The officials underline the new fees will not apply to people who really need urgent medical treatment.

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Ukraine

The company PJSC ArcelorMittal Kyvyi Rih, belonging to Indian steel mogul and operating in the Ukraine (based in the Dniepropetrovsk region), will invest USD267m in 2017 in modernization of its production. As the Interfax reports, the steel giant wants to invest the total sum of USD1bn in the period 2017-2020. The largest projects will be: constructing the ladle furnace, a coke oven battery and modernization of production.

The CEO of Ukrainian operations, Paramjit Kahlon informed that “over the past year ArcelorMittal Kryvyi Rih has produced 7.5 million tons of steel” and that the situation of the company is stable.

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Hungary

Hungarian state will sell its 36.5 per cent stake in Granit Bank – a profitable institution established 6 years ago by building industry magnate Sandor Demjan. In 2013 Hungary took over 49 per cent of stake. It invested some HUF4.3bn (EUR14m). Now the Economy Minister Mihaly Varga informs that he  would like to sell the stake, earning more than what the state invested.

As reported, the government looks for financial or professional investors. Offers must be submitted by September 1st, 2017.

At the end of 2016 the assets of Granit Bank totalled HUF228bn (EUR744m).

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What’s up in indexes

BET (of Bucharest) decreased from 8,340.23 index points Monday, July 24th to 8,328.73 index points Tuesday, July 25th. It’s down 0.14 per cent d/d and up 25.19 per cent y/y.

BUX (of Budapest) decreased from 35,362.83 index points Monday, July 24th to 35,286.14 index points Tuesday, July 25th. It’s down 0.22 per cent d/d and up 26.25 per cent y/y.

CROBEX (of Zagreb) increased from 1,878.66 index points Monday, July 24th to 1,879.39 index points Tuesday, July 25th. It’s up 0.04 per cent and up 10.33 per cent y/y.

OMXR (of Riga) increased from 990.60 index points Monday, July 24th to 992.74 index points Tuesday, July 25th. It’s up 0.22 per cent d/d and up 54.60 per cent y/y.

OMXT (of Tallinn) increased from 1,230.81 index points Monday, July 24th to 1,234.03 index points Tuesday, July 25th. It’s up 0.26 per cent d/d and up 21.21 per cent y/y.

OMXV (of Vilnius) increased from 619.69 index points Friday, July 21st to 621.81 index points Tuesday, July 25th. It’s up 0.18 per cent d/d and up 14.18 per cent y/y.

PX (of Prague) increased from 1,007.67 index points Monday, July 24th to 1,015.13 index points Tuesday, July 25th. It’s up 0.74 per cent d/d and up 13.75 per cent y/y.

SAX (of Bratislava) closet at 335.92 index points Tuesday, July 25th. It’s 0 per cent d/d and up 8.35 per cent y/y. 

SOFIX (of Sofia) decreased from 712.83 index points Monday, July 24th to 711.77 index points Tuesday, July 25th. It’s down 0.15 per cent d/d and up 56.18 per cent y/y.

UX (of Kyiv) increased from 1,089.89 index points Monday, July 24th to 1,091.23 index points Tuesday, July 25th. It’s up 0.12 per cent d/d and up 51.40 per cent y/y.

WIG20 (of Warsaw) increased from 2,334.69 index points Monday, July 24th to 2,341.36 index points Tuesday, July 25th. It’s up 0.29 per cent d/d and up 29.02 per cent y/y.

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