V4 capitals with high-speed rail network

(CC0)

Deutsche Telekom may exit Romanian market

Bulgaria looks for investors to build Belene NPP

Poland, Slovakia, Czech Republic and Hungary

The Visegrad Four ministers of transport and their representatives have signed a declaration in Bratislava to connect V4 capitals with high-speed train connections. “The trains are meant to travel at speeds as high as 300 km/h and that would require new railway tracks,” Slovakia’s Infrastructure Minister Arpad Ersek informed.

Andrzej Adamczyk, the Polish Minister of Infrastructure explained that the PMs of the V4 are currently discussing sources of financing the investments.

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Romania

Deutsche Telekom is set to leave Romania and sell all its assets, according to information published by several Romanian press outlets. The move is allegedly part of the company’s plan to exit some of the CSE markets after acquiring Greek company OTE. Another sources linked Deutsche Telekom decision to the 3 per cent turnover tax for telecom companies adopted by Romanian government last year.

According to Gazeta Sporturilor, Telekom Romania has been in talks to sell its cable TV division to RCS & RDS, and its mobile business Orange Romania.

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Bulgaria

Bulgarian energy ministry said it has invited potential strategic investors to build a nuclear power plant in Belene. The investors can be Bulgarian or foreign companies and consortiums. The public tender includes a minority stake in the future project company. Russian state-owned nuclear company Rosatom, China’s state-owned CNNC, France’s Framatome (FDF group), and state-run Korea Hydro & Nuclear Power Co (KHNP) have expressed initial interest in the project.

Bulgarian state will participate in the project company via a non-monetary contribution, but with assets Bulgaria already has — the reactors and other equipment, plus the construction site and licenses. Belene NPP will cost at least EUR10bn, Reuters informs. 

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What’s up in indexes

BET (of Bucharest) decreased from 8180.62 index points Tuesday, May 21st to 8120.50 index points Wednesday, May 22nd. It’s down 0.77 per cent d/d and down 1.23 per cent y/y.

BUX (of Budapest) increased from 39576.00 index points Tuesday, May 21st to 40185.00 index points Wednesday, May 22nd. It’s up 1.54 per cent d/d and up 9.42 per cent y/y.

OMXR (of Riga) decreased from 1025.18 index points Tuesday, May 21st to 1022.25 index points Wednesday, May 22nd. It’s down 0.20 per cent d/d and down 2.12 per cent y/y.

OMXT (of Tallinn) increased from 1242.69 index points Tuesday, May 21st to 1243.68 index points Wednesday, May 22nd. It’s up 0.08 per cent d/d and down 0.63 per cent y/y.

OMXV (of Vilnius) decreased from 681.37 index points Tuesday, May 21st to 679.94 index points Wednesday, May 22nd. It’s down 0.21 per cent d/d and down 3.79 per cent y/y.

PX (of Prague) decreased from 1048.33 index points Tuesday, May 21st to 1042.68 index points Wednesday, May 22nd. It’s down 0.54 per cent d/d and down 4.89 per cent y/y.

RTS (of Moscow) increased from 1279.12 index points Tuesday, May 21st to 1292.79 index points Wednesday, May 22nd. It’s up 1.07 per cent d/d and up 7.02 per cent y/y.

SAX (of Bratislava) increased from 344.98 index points Tuesday, May 21st to 345.72 index points Wednesday, May 22nd. It’s up 0.21 per cent d/d and up 7.13 per cent y/y.

SOFIX (of Sofia) increased from 568.80 index points Tuesday, May 21st to 572.90 index points Wednesday, May 22nd. It’ up 0.72 per cent d/d and down 11.22 per cent y/y.

UX (of Kyiv) closed at 1727.19  index points Wednesday, May 22nd. It’s the same result as Tuesday’s. It’s 0 per cent change d/d and down 6.39 per cent y/y.

WIG20 (of Warsaw) increased from 2190.93 index points Tuesday, May 21st to 2214.16 index points Wednesday, May 22nd. It’s up 1.07 per cent d/d and down 1.53 per cent y/y.

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