Hungarian Wizz Air had 23 million passengers in 2016

(Dean Morley, CC BY-ND)

Two-fifths of Polish companies want to increase wages

Belarus introduces five-day visa-free regime for 80 states

Romania and Bulgaria quarrels over emergency power supply

Hungary

Wizz Air, the largest low-cost airline in CSE, closed 2016 with a record passenger number. WIZZ carried 23 million passengers in 2016, representing a 19 per cent passenger growth y/y.

József Váradi, Chief Executive Officer at Wizz Air, said: “2016 was an outstanding year for Wizz Air. Our efficient, ultra low-cost model will allow us to continue our strong growth and further expand our network to best meet the needs of our passengers. We will keep on offering the lowest possible fares.”

Wizz Air serves 134 destinations in 40 countries. It’s fleet now consists of 74 Airbus A320 and Airbus A321 aircraft, operating from 25 bases across 13 countries in Central and Eastern Europe.

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Poland

The Polish Radio reports that 38 per cent of the companies surveyed by Grant Thornton announced that they will raise the salaries of its employees. This is the best result since the survey was started in 2009.

According to the report Poland would be among the countries with the fastest growing salaries, together with Sweden.

In the average 19 per cent of surveyed companies are willing to increase wages, with a 20 per cent result in the European Union, and 18 per cent in the Eurozone.

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Belarus

Belarus President Alexander Lukashenko introduced the visa-free entry for up to 5 days for the citizens of 80 states. These are 39 countries of Europe, including the entire European Union, Brazil, Indonesia, the USA, Japan, and other countries.

According to the President’s official statement these are Belarus’ strategic partners which have introduced visa-free regimes for Belarusian citizens on a unilateral basis. New regulations also apply to the non-citizens of Latvia and stateless persons of Estonia.

The visa-free regime does not apply to people arriving to Belarus by plane from Russia and planning to go to the airports of Russia (these are internal flights with no border control).

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Bulgaria and Romania

Bulgaria demanded electricity supplies from Romania but the request was refused, writes Novinite.com.

The Bulgarian National Television reports that problems in the electricity distribution system are a result of a harsh weather conditions and increased power consumption. This triggered authorities to request Romania for emergency electricity supply.   

Private NOVA TV broadcaster says that according to Romania's Energy Minister Florian-Toma Petcu, Bucharest did not grant the request as its own electricity consumption had increased due to the bad weather.

"Taking into account the delicate situation in which Romania could be placed, we did not take the commitment and said we were unable to help," NOVA quotes Petcu as saying citing the Bulgarian News Agency (BTA).

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What’s up in indexes

BUX (of Budapest) decreased from 32,855.87 index points Friday, January 6th to 32,854.00 index points Monday, January 9th. It was down 0.01 per cent d/d and up 37.46 per cent y/y.

BET (of Bucharest) increased from 7,219.27 index points Friday, January 6th to 7,248.21 index points Monday, January 9th. It was up 0.36 per cent d/d and up 9.65 per cent y/y.

PX (of Prague) decreased from 937.52 index points Friday, January 6th to 935.72 index points Monday, January 9th. It was down 0.19 per cent d/d and up 1.86 per cent y/y.

WIG20 (of Warsaw) increased from 1,998.76 index points Thursday, January 5th to 2,009.19 index points Monday, January 9th. It was up 0.52 per cent d/d and up 17.93 per cent y/y.

OMXT (of Tallinn) decreased from 1,096.41 index points Friday, January 6th to 1,093.90 index points Monday, January 9th. It was down 0.23 per cent d/d and up 23.14 per cent y/y.

OMXR (of Riga) decreased from 742.98 index points Friday, January 6th to 738.02 index points Monday, January 9th. It was down 0.67 per cent d/d and up 23.81 per cent y/y.

OMXV (of Vilnius) decreased from 566.81 index points Friday, January 6th to 565.15 index points Monday, January 9th. It was down 0.29 per cent d/d and up 16.05 per cent y/y.

SAX (of Bratislava) decreased from 319.46 index points Thursday, January 5th to 318.66 index points Monday, January 9th. It was down 0.25 per cent d/d and up 7.87 per cent y/y.

SOFIX (of Sofia) increased from 592.00 index points Friday, January 6th to 595.74 index points Monday, January 9th. It was up 0.63 per cent d/d and 31.14 per cent y/y.

The bourse of Kiev was closed Monday, January 9th. UX closed at 793.92 index points Thursday, January 5th. It was down 0.12 per cent d/d but up 17.09 per cent y/y.

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