The CSE countries face lower automation risk

(Fagor Automation, CC BY-ND 2.0)

Ukraine wins tender to produce An-178 aircraft for Peru

Bulgaria and Romania want to invest in the Greek LNG terminal

Central and Southeast Europe

„The risk of automation in the CSE countries is relatively low but differs considerably within the region, with EU member countries facing less risk. The skill composition of employment appears to play an important role, as does an economy’s relative urbanization and labor market diversification,” International Financial Institute reported.

Within the region, Albania, Bosnia and Herzegovina, Romania, Serbia, Slovakia, North Macedonia, Moldova and Hungary are facing a relatively high risk while the Baltic states, Slovenia, Poland and Montenegro are facing the lowest level of automation risk.

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Ukraine

Ukraine’s state-owned defense company UkrOboronProm has won a USD65m contract to produce its newest Antonov An-178 military transport aircraft for the Interior Ministry of Peru, Interfax News Agency informed.

The Antonov State Company, a Kyiv-based aircraft manufacturer, was selected to produce an unspecified quantity of its An-178 planes that would replace older An-32B transporters, also produced by the Antonov, UkrOboronProm stated.

The Ukrainian plane won over two competitors, the Italian-American Leonardo C-27J Spartan and C-295 produced by Airbus.

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Romania and Bulgaria

Romgaz, a state-owned, natural gas producer, and Bulgaria’s national gas transmission system operator, Bulgartransgaz want to invest in a Greek LNG terminal project planned to be developed in the Aegean Sea by a private energy group Copelouzos, Romanian Insider website reported. One of the largest the US LNG exporters, Cheniere Energy have also expressed interest in the project, Profit.ro website informed.

The Alexandroupolis LNG terminal would have a transit capacity of over 6 billion cubic meters of gas per year and a storage capacity of 170,000 cubic meters of LNG.

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What’s up in indexes

BET (of Bucharest) decreased from 9062.54 index points Wednesday, August 14th to 9035.27 index points Friday, August 16th. It’s down 0.19 per cent d/d and up 11.2 per cent y/y.

BUX (of Budapest) decreased from 40019.00 index points Thursday, August 15th to 40005.90 index points Friday, August 16th. It’s down 0.03 per cent d/d and up 9.69 per cent y/y.

OMXR (of Riga) decreased from 1033.37 index points Thursday, August 15th to 1033.31 index points Friday, August 16th. It’s down 0.01 per cent d/d and up 3.42 per cent y/y.

OMXT (of Tallinn) increased from 1257.62 index points Thursday, August 15th to 1257.67 index points Friday, August 16th. It’s up 0.01 per cent d/d and up 1.99 per cent y/y.

OMXV (of Vilnius) decreased from 693.71 index points Wednesday, August 14th to 691.42 index points Friday, August 16th. It’s down 0.33 per cent d/d and down 2.90 per cent y/y.

PX (of Prague) increased from 1031.03 index points Thursday, August 15th to 1035.46 index points Friday, August 16th. It’s up 0.43 per cent d/d and down 2.44 per cent y/y.

RTS (of Moscow) decreased from 1250.13 index points Thursday, August 15th to 1239.81 index points Friday, August 16th. It’s down 0.83 per cent d/d and up 16.2 per cent y/y.

SAX (of Bratislava) decreased from 347.88 index points Thursday, August 15th to 343.82 index points Friday, August 16th. It’s down 1.17 per cent d/d and up 3.12 per cent y/y.

SOFIX (of Sofia) decreased from 578.60 index points Thursday, August 15th to 575.10 index points Friday, August 16th. It’s down 0.61 per cent d/d and down 9.24 per cent y/y.

UX (of Kyiv) increased from 1573.95 index points Thursday, August 15th to 1582.94 index points Friday, August 16th. It’s up 0.57 per cent d/d and down 2.49 per cent y/y.

WIG20 (of Warsaw) decreased from 2078.39 index points Wednesday, August 14th to 2064.12 index points Friday, August 16th. It’s down 0.69 per cent d/d and down 8.75 per cent y/y.

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