In H1, Croatia recorded 6.88m arrivals, marking 6% increase YoY Tourist nights amounted to 26.26m, representing an increase of 3%.
The Ministry of Tourism of the Republic of Croatia published an announcement regarding tourism in Croatia in H1 2019. According to it, in H1, Croatia recorded 6.88m arrivals, marking 6% increase YoY. Tourist nights amounted to 26.26m, representing an increase of 3%. Of that, foreign tourists recorded 5.86m arrivals (+6%) and 22.93m (+3%). Domestic tourists account for 1.02m arrivals (+6%) and 3.33 tourist nights (+4%).
The most foreign tourist nights were recorded by tourist from Germany, as much as 5.43m. Next come Austrian and Slovenian tourists with 2.33m and 2.3 tourist nights, respectively. Tourists from the UK follow with 1.43m tourist nights.
In H1, Istria County observed the highest amount of tourist nights, as much as 7.6m. Split – Dalmatia County follows with a 4.7m nights.
When observing solely June, Croatia recorded 3.13m (+10%) tourist arrivals and 15m of tourist nights (+8%).
This week, the Croatian Bureau of Statistics will publish their report about tourism in May 2019, which we will also cover.
The company notes that the Q2 2019 report will be published on 31 July 2019.
As OMV Petrom published their key performance indicators, we are bringing you their key takes. The company notes that the Q2 2019 report will be published on 31 July 2019 and that the information contained in this trading update may be subject to change and may differ from the final numbers of the quarterly report.
|wdt_ID||Economic environment||Q2/18||Q3/18||Q4/18||Q1/19||Q2/19||YoY change|
|1||Average Brent price (USD/bbl)||74,39||75,16||68,81||63,13||68,86||-7,43|
|2||Average Urals price (USD/bbl)||72,74||74,16||68,33||63,42||68,82||-5,39|
|1||Total hydrocarbon production (kboe/d)||160,00||160,00||156,00||153,00||151,00||-5,63|
|2||thereof crude oil and NGL production (kboe/d)||74,00||74,00||72,00||71,00||72,00||-2,70|
|3||thereof natural gas production (kboe/d)||86,00||87,00||84,00||82,00||79,00||-8,14|
|4||Total hydrocarbon sales volume (mn boe)||13,70||13,70||13,30||12,80||13,00||-5,11|
|5||Average realized crude price (USD/bbl)||64,65||66,35||59,71||55,66||60,26||-6,79|
|wdt_ID||Downstream Oil||Q2/18||Q3/18||Q4/18||Q1/19||Q2/19||YoY change|
|1||Indicator refining margin (USD/bbl)*||6,72||6,62||5,27||3,62||3,85||-42,71|
|2||Refinery utilization rate (%)||49,00||98,00||99,00||96,00||94,00||91,84|
|3||Total refined product sales (mn t)||1,13||1,39||1,35||1,18||1,39||23,01|
*The actual refining margins realized by OMV Petrom may vary from the indicator refining margin due to different crude slate, product yield and operating conditions.
|wdt_ID||Downstream Gas||Q2/18||Q3/18||Q4/18||Q1/19||Q2/19||YoY change|
|1||Gas sales volumes to third parties (TWh)||9,51||7,54||9,74||9,79||8,63||-9,25|
|2||Net electrical output (TWh)||0,42||1,04||1,48||1,08||0,05||-88,10|
During the buyback program up to 150m shares will be acquired at RON 1.21 per share and the USD equivalent of RON 60.50 per GDR.
Fondul Proprietatea published a document stating that the Financial Supervisory Authority approved on 9 July 2019 the Fund’s application for a public tender offer in relation to the acceleration of the tenth buyback program.
During the mentioned buyback program up to 150m shares will be acquired at RON 1.21 per share and the USD equivalent of RON 60.50 per GDR.
Note that the buyback program starts on 15 July 2019 and lasts until 19 August 2019.