Slovak PE creates Romania’s largest pharmacy group

Bucharest, Romania (Britchi Mirela, CC BY-SA)

Number of tourists in Riga reached a new record

Volkswagen to open factory in Serbia

Romania

Romania’s Competition Council has approved a takeover of Romanian pharmacies Belladonna by a Slovak PE Penta Investment, the owner of Dr.Max, the largest drugstore network in the CSE.  

By the end of 2017, Penta also took over other Romanian drugstores — Sensiblu and Punkt. After completing the recent takeover Penta will own 65 per cent of the market.

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Latvia

In 2018, Riga attracted a record large number of tourists — 3.5 million of foreign guests visited Latvia’s capital city, according to information compiled by Riga Tourism Development Bureau.

The largest number of visitors came from Germany — 11.9 per cent. Germans are followed by Russian (11.7 per cent), Estonian (8,3 per cent), Lithuanian (6.7 per cent) and British tourists (6.6 per cent). August is the most preferred month. The occupancy in hotels in August 2018 was 80.6 per cent, which is 10 per cent more y/y.

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Serbia

According to Serbian media, German carmaker Volkswagen has decided to build a factory in Serbia and the first cars are expected in 2023.

The world’s largest car manufacturer decided on Serbia, rejecting Romania, Turkey, North Macedonia (former Macedonia) and Bulgaria, Serbian Monitor daily informed. The investment is allegedly worth EUR1.4bn, the factory is supposed to employ 5,000 workers and have an annual output of 300,000 cars.

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What’s up in indexes

BET (of Bucharest) increased from 7784.71 index points Monday, March 4th to 7871.45 index points Tuesday, March 5th. It’s up 1.04 per cent d/d and down 6.11 per cent y/y.

BUX (of Budapest) increased from 40593.00 index points Monday, March 4th to 40719.00 index points Tuesday, March 5th. It’s up 0.31 per cent d/d and up 9.70 per cent y/y.

CROBEX (of Zagreb) decreased from 1,792.79 index points Monday, March 4th to 1,764.41 index points Tuesday, March 5th. It’s down 1.58 per cent d/d and down 2.30 per cent y/y.

OMXR (of Riga) decreased from 983.37 index points Monday, March 4th to 980.95 index points Tuesday, March 5th. It’s up 0.25 per cent d/d and down 5.32 per cent y/y.

OMXT (of Tallinn) increased from 1241.23 index points Monday, March 4th to 1243.11 index points Tuesday, March 5th. It’s up 0.05 per cent d/d and down 5.17 per cent y/y.

OMXV (of Vilnius) increased from 652.87 index points Monday, March 4th to 654.20 index points Tuesday, March 5th. It’s up 0.20 per cent d/d and down 3.48 per cent y/y.

PX (of Prague) decreased from 1078.69 index points Monday, March 4th to 1076.63 index points Tuesday, March 5th. It’s down 0.19 per cent d/d and down 3.28 per cent y/y.

SAX (of Bratislava) ) increased from 341.40 index points Monday, March 4th to 341.56 index points Tuesday, March 5th. It’s up 0.05 per cent d/d and up 0.68 per cent y/y.

SOFIX (of Sofia) decreased from 585.06 index points Monday, March 4th to 582.90 index points Tuesday, March 5th. It’s down 0.37 per cent d/d and down 14.49 per cent y/y.

UX (of Kyiv) decreased from 1700.15 index points Monday, March 4th to 1694.67 index points Tuesday, March 5th. It’s down 0.32 per cent d/d and up 4.85 per cent y/y.

WIG20 (of Warsaw) decreased from 2328.05 index points Monday, March 4th to 2321.32 index points Tuesday, March 5th. It’s down 0.29 per cent d/d and down 0.38 per cent y/y.

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