Ukraine’s Naftogaz: the prices of natural gas will increase

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Hungary: 65 per cent of citizens stay at work in the summer

Poland and Taiwan will collaborate on research

Ukraine

In August 2018, Ukraine’s state-owned gas and oil giant Naftogaz will increase the price of gas in domestic market by 6 per cent m/m. As reported, the company intends “to increase the price of domestic natural gas from private gas producers in Ukraine (…) to UAH8,088 (EUR261.81) per 1,000 cubic meters (excluding VAT).”

The agency points out that in June 2018 Naftogaz announced a test purchase of gas at a price of UAH6,900 (EUR223,35) per 1,000 cubic meters (excluding VAT).

The company explained: “Despite the fact that June and July are traditionally a season of low gas demand, Naftogaz has not received a single offer from gas suppliers. Therefore the company increased the bid price for August”.

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Hungary

About 65 per cent of Hungarians work all summer – the Budapest Business Journal informs. As reported, those people won’t go on a holiday. As the research conducted by Jófogás shows, the majority of respondents “think it is not worth going on a holiday, as it is financially burdening, disruptive in the job routine and difficult to coordinate with colleagues from work”.

Among those who will go on holiday, one-third will leave for longer than in 2017. 7 per cent of the respondents plan to leave for longer than 2 weeks. When it comes to holiday destinations – 53 per cent of respondents prefer domestic trips and 47 per cent will go abroad.

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Poland

There will be scientific exchanges between Poland and Taiwan, and researchers from both countries will collaborate on developing new biotechnology or new technology solutions. According to the Polish Radio, Poland and Taiwan “have struck a deal to collaborate on research”.

As reported, Poland is also interested in running researches in areas related to the production of semiconductors.

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What’s up in indexes

BET (of Bucharest) increased from 8,016.71 index points Thursday, July 26th to 8,040.78 index points Friday, July 27th. It’s up 0.30 per cent d/d and down 3.35 per cent y/y.

BUX (of Budapest) increased from 35,624.91 index points Thursday, July 26th to 35,943.64 index points Friday, July 27th. It’s up 0.89 per cent d/d and down 0.32 per cent y/y.

CROBEX (of Zagreb) increased from 1,832.81 index points Thursday, July 26th to 1,833.64 index points Friday, July 27th. It’s up 0.05 per cent d/d and down 0.37 per cent y/y.

OMXR (of Riga) decreased from 1,010.41 index points Thursday, July 26th to 996.01 index points Friday, July 27th. It’s down 1.43 per cent d/d and up 0.61 per cent y/y.

OMXT (of Tallinn) increased from 1,258.88 index points Thursday, July 26th to 1,262.47 index points Friday, July 27th. It’s up 0.29 per cent d/d and up 1.95 per cent y/y.

OMXV (of Vilnius) increased from 715.46 index points Thursday, July 26th to 716 index points Friday, July 27th. It’s up 0.19 per cent d/d and up 15.10 per cent y/y.

PX (of Prague) increased from 1,092.89 index points Thursday, July 26th to 1,093.02 index points Friday, July 27th. It’s down 0.01 per cent d/d and up 7.70 per cent y/y.

SAX (of Bratislava) increased from 339.22 index points Thursday, July 26th to 339.27 index points Friday, July 27th. It’s up 0.01 per cent d/d and up 0.93 per cent y/y.

SOFIX (of Sofia) decreased from 635.43 index points Thursday, July 26th to 632.31 index points Friday, July 27th. It’s down 0.49 per cent d/d and down 11.15 per cent y/y.

UX (of Kyiv) increased from 1,619.39 index points Thursday, July 26th to 1,636.32 index points Friday, July 27th. It’s up 1.05 per cent d/d and up 50.39 per cent y/y.

WIG20 (of Warsaw) decreased from 2,304.67 index points Thursday, July 26th to 2,290.77 index points Friday, July 27th. It’s down 0.60 per cent d/d and down 2.56 per cent y/y.

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