Western Balkans to scrap roaming costs from 2021

Roaming, (Marco Verch, CC BY)

World's first electric boat with wind turbines and solar panels to be produced in Lithuania

Adria Airways continues search for strategic partner

The Balkans

The six Western Balkan countries agreed to lower and ultimately abolish roaming costs for mobile telecommunication and data transfers by 2021. The goal is to harmonize the regional telecoms market. The agreement envisions a 27 per cent cut starting from July 1st, and the abolition of all roaming costs from July 2021. It was signed by the representatives of Serbia, Albania, Bosnia, Montenegro, Kosovo and Macedonia during a regional conference in Belgrade.

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Lithuania

Vm Production, a Kaunas based producer of entertainment and sports boats, says it is finishing the assembly of the world’s first electric boat and garage with wind turbines and solar panels. The company says it plans to export them to Scandinavia.

“A boat of up to 5-6 meters in length with a hanged engine is not a new thing, as there are many producers making them. But there’s no technology for big boats. Our boat is 9-meter long and weighs 4.5 tons and is adapted to fishing. There are no electric boats of that size,” Sarunas Danilavicius, an export manager at the company, told Baltic News Service (BNS).

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Slovenia

Adria Airways, the national carrier of Slovenia, is seeking a strategic partner following a failed agreement to acquire fifteen Sukhoi Superjet 100 aircraft. The airline’s shareholders have cancelled a planned EUR10m capital injection into the company.

The carrier’s CEO, Holger Kowarsch, said the deal with the Sukhoi Civil Aircraft Company (SCAC) would also have involved a EUR10m investment on behalf of the Russian manufacturer, which would have been turned into equity. Mr. Kowarsch explains that after preliminary contracts were signed, SCAC did not deliver the payment which was due in late February, which is why Adria quit the deal.

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What’s up in indexes

BET (of Bucharest) increased from 8202.21 index points Friday, April 5th to 8247.45 index points Monday, April 8th. It’s up 0.48 per cent d/d and down 6.72 per cent y/y.

BUX (of Budapest) decreased from 41841.92 index points Friday, April 5th to 41827.00 index points Monday, April 8th. It’s down 0.04 per cent d/d and up 9.19 per cent y/y.

OMXR (of Riga) decreased from 983.16 index points Friday, April 5th to 983.10 index points Monday, April 8th. It’s down 0.01 per cent d/d and down 4.48 per cent y/y.

OMXT (of Tallinn) decreased from 1244.05 index points Friday, April 5th to 1243.79 index points Monday, April 8th. It’s down 0.02 per cent d/d and down 1.55 per cent y/y.

OMXV (of Vilnius) decreased from 672.60 index points Friday, April 5th to 671.08 index points Monday, April 8th. It’s down 0.23 per cent d/d and down 5.10 per cent y/y.

PX (of Prague) decreased from 1086.09 index points Friday, April 5th to 1084.46 index points Monday, April 8th. It’s down 0.15 per cent d/d and down 3.65 per cent y/y.

RTS (of Moscow) increased from 1225.84 index points Friday, April 5th to 1240.16 index points Monday, April 8th. It’s up 1.17 per cent d/d and up 13.3 per cent y/y.

SAX (of Bratislava) closed at 361.46 index points Monday, April 8th. It’s the same result as Friday’s. It’s 0 per cent change d/d and up 6.10 per cent y/y.

SOFIX (of Sofia) decreased from 581.00 index points Friday, April 5th to 580.19 index points Monday, April 8th. It’s down 0.15 per cent d/d and down 11.96 per cent y/y.

UX (of Kyiv) closed at 1743.51 index points Monday, April 8th. It’s the same result as Friday’s. It’s 0 per cent change d/d and up 0.77 per cent y/y.

WIG20 (of Warsaw) increased from 2351.08 index points Friday, April 5th to 2359.52 index points Monday, April 8th. It’s up 0.36 per cent d/d and up 4.30 per cent y/y.

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