Trident Acquisitions will extract gas from Ukraine’s Black Sea

(U.S. — NOAA, Public domain)

Latvia to buy electric trains from Skoda

Cyber security center opened in Bucharest

Ukraine

Trident Acquisitions Corp., a US-based energy investment company, has won a tender to explore and produce oi&gas from Ukraine’s offshore Dolphin block at the northwestern corner of the Black Sea’s continental shelf. “It was a difficult struggle, but our application was significantly more profitable for Ukraine,” the CEO, Ilya Ponomarev said.

Trident Acquisitions plans to invest USD200m, 3.5 times more than the competition.

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Latvia

Latvia has bought 32 Skoda’s new electric passenger trains which should be delivered by 2023. The agreement between Latvian Passanger Railways and Czech Skoda was signed yesterday. The value of the transaction is EUR242m.

Each of the 109-meter long Skoda trains will have four carriages and 436 passenger seats. The trains will be running at the speed of up to 160 km/h.

As part of the project, the Latvian state will finance the purchase and has approved long-term liabilities to the national budget for a total of EUR255.9m.

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Romania

Indian group, Infosys, one of the global leaders in consulting and digital services, opened a cyber security center in Bucharest. The Cyber Security Center will provide comprehensive 24/7 real-time cyber monitoring and protection services to support European and global companies in their digital transformation efforts, the company informed.

In March 2019, Infosys opened its Digital Innovation Center in Bucharest, focusing on developing projects for customers who need cutting-edge digital technologies, including Cloud services, Big Data, Artificial Intelligence and Automated Learning.

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What’s up in indexes

BET (of Bucharest) decreased from 8977.39 index points Monday, July 29th to 8977.06 index points Tuesday, July 30th. It’s down 0.22 per cent d/d and up 11.4 per cent y/y.

BUX (of Budapest) decreased from 41006.00 index points Monday, July 29th to 40844.00 index points Tuesday, July 30th. It’s down 0.40 per cent d/d and up 13.7 per cent y/y.

OMXR (of Riga) decreased from 1052.57 index points Monday, July 29th to 1039.88 index points Tuesday, July 30th. It’s down 1.21 per cent d/d and up 4.56 per cent y/y.

OMXT (of Tallinn) increased from 1265.70 index points Monday, July 29th to 1266.22 index points Tuesday, July 30th. It’s up 0.04 per cent d/d and up 0.65 per cent y/y.

OMXV (of Vilnius) increased from 690.42 index points Monday, July 29th to 693.36 index points Tuesday, July 30th. It’s up 0.43 per cent d/d and down 2.98 per cent y/y.

PX (of Prague) decreased from 1070.64 index points Monday, July 29th to 1062.22 index points Tuesday, July 30th. It’s down 0.79 per cent d/d and down 2.98 per cent y/y.

RTS (of Moscow) decreased from 1353.61 index points Monday, July 29th to 1350.48 index points Tuesday, July 30th. It’s down 0.23 per cent d/d and up 16.2 per cent y/y.

SAX (of Bratislava) decreased from 339.17 index points Monday, July 29th to 336.91 index points Tuesday, July 30th. It’s down 0.67 per cent d/d and up 2.27 per cent y/y.

SOFIX (of Sofia) decreased from 584.00 index points Monday, July 29th to 581.40 index points Tuesday, July 30th. It’s down 0.36 per cent d/d and down 7.38 per cent y/y.

UX (of Kyiv) decreased from 1614.96 index points Monday, July 29th to 1603.24 index points Tuesday, July 30th. It’s down 0.96 per cent d/d and down 1.86 per cent y/y.

WIG20 (of Warsaw) decreased from 2285.93 index points Monday, July 29th to 2263.92 index points Tuesday, July 30th. It’s down 0.96 per cent d/d and up 2.74 per cent y/y.

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