Split “metro”: By train from Kopilica to the city port in 4 minutes

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Split “metro”: By train from Kopilica to the city port in 4 minutes

first_imgRELATED NEWS: The high-speed city railway, or the Split metro as they call it from miles away, will depart every 20 minutes, with the journey on that stretch lasting only four minutes. The price of a one-way ticket is 11 kuna, and passengers will be able to use the same ticket in other areas of the city bus transport.  City trains on the route Kopilica-Gradska luka and vice versa will run every 20 minutes, while the ticket price will be 11.00 kuna per person in one direction. With one-way regulation of road traffic in the city port and the introduction of new bus and railway lines, which will increase throughput and reduce waiting, the goal of this project is to provide quality intermodal service and traffic relief of the City of Split. As they point out from the city of Split, the organization of the Main Railway Station in Kopilica and the introduction of the city railway in the public transport service is expected to reduce the pressure of vehicles, especially tourist buses to the city center, and passengers can get to the center by train in 4 minutes which is valid for rail and bus hour. Photos: HZPP According to the new changes, disembarkation and embarkation of passengers from tourist buses at the terminals at the Tourist Palace on the Riva will be possible, but with a limit of 15 minutes, and each stop for embarkation and disembarkation will cost 400 kuna, ie a total of 800 kuna. Note, UHPA agreed at a meeting with the city of Split that pre-agreed and announced groups by tour operators and travel agencies in 2019 will be realized under the same conditions as before, and the new prices are valid for all from 2020. (more on the whole issue in the attachment) The City of Split has introduced changes in the regulation of public city transport as well as stationary traffic for tourist buses in the area of ​​the narrower and wider city center. The feasibility study is currently being prepared for the connection of the air and ferry port by rail, after which further activities necessary for the realization of this project will continue. According to the results of the Feasibility Study, the Terms of Reference will be supplemented and the activities of conducting a public tender for the preparation of project documentation and obtaining permits would begin. Specifically, this means that the disembarkation and embarkation of passengers from tourist buses will be organized along the railway platform in Kopilica, where a parking lot for tourist buses with 48 seats will be opened. The daily parking ticket for tourist buses will be 120 kuna, as has been the price for parking in Dračevac so far. Tickets will be sold at the box offices of Promet and HŽ Putnički prijevoz. City-suburban trains on the route Split Predgrađe (Kopilica) – Split (city port) will run on average every 24 minutes, and the train ride takes 4 minutes.       ANNEX: TIMETABLE Split – Suburbs of Split / Suburbs of Split – Split Yesterday, the first city-suburban train started on the route Split Predgrađe (Kopilica) – Split (city port), which started the realization of the project of connecting with the high-speed suburban railway station Split. Interestingly the historic first run was delayed by three minutes. “The goal is to connect the airport and Split’s City Port, the two busiest ports on the eastern Adriatic coast with almost nine million passengers. When we add to that the four cities connected by the railway, then it is quite clear that we could not have started this project without HŽ Putnički prijevoz, HŽ Infrastruktura, the Split city companies Promet and Split – parking. This is just the first step of something that we will achieve in the years ahead, and because of the better quality of life of our fellow citizens. We are aware of the daily, high traffic between Split and other nearby cities and outside the tourist season. In order to relieve the traffic in the center of Split, we are taking a number of measures, such as the purchase of new city buses, the preparation of city and electric bicycle systems, as well as the reform of the city parking system. Changes in the relief of city traffic are underway. It is up to us all to get used to the changes and the new system together and to encourage the railway as a relief”Said the first man of the city of Split, Mayor Krstulović Opara. The new traffic regulation means that one-way traffic will be introduced in the City Port, while the main railway station will be organized in Kopilica. Also, the above-mentioned city railway line Kopilica – Gradska luka was introduced, so that tourists, after getting off the bus, could reach the city center by rail.  Also, it is planned to introduce the line Prometa doo Split on the route Airport – Kaštel Stari and joint tickets Promet doo – HŽPP for the route Zračna luka – Kaštel Stari – Split station (city port). / / / COMMON SENSE HAS OVERCOME IN THE CITY OF SPLIT: PRE-AGREED AND ANNOUNCED GROUPS WILL BE REALIZED UNDER THE SAME CONDITIONS AS BEFORElast_img read more

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PMA urges united front on service charges

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Rights cuts loom large at Dutch schemes despite strong Q1 returns

first_imgAs a result, ABP’s coverage ratio fell by almost 7 percentage points to 90.4%. If the ratio falls below the 90% mark, ABP will be forced to cut pension rights. Corien Wortmann-Kool, the scheme’s chair, said the possibility of a cut was still “very real” and that indexation was “very unlikely for the next five years”.ABP attributed its quarterly performance in particular to fixed income, which returned 2.5%, with long-term government bonds and inflation-linked bonds returning 9% and 2%, respectively.Its interest, currency and inflation hedges returned 2.9% in total.The civil service scheme, however, made a 3.4% loss on equity, with developed-market holdings falling by 4.7%.Its investments in commodities and hedge funds also lost 5.9% and 4.6%, respectively, while property and infrastructure returned 0.1% and 0.6%, respectively.PFZW, the €172bn scheme for the healthcare sector, reported a Q1 return of 4.4% and a drop in funding of 6.2 percentage points to 88.9%.It produced positive returns on government bonds (6.9%) and inflation-linked bonds (2.5%), and returned 4.3% in total from its interest and currency hedges.Local-currency emerging market debt and mortgages returned 5.3% and 2.9%, respectively.It lost 2% on securities, however, with equity (-2.9%), private equity (-0.4%), infrastructure (-2.3%) and real estate (-0.6%) all producing negative returns.It also incurred a 3% loss on commodities.The €42bn metal scheme PME produced a 4.6% Q1 return, citing an 11% return for its 49% matching portfolio.Because liabilities increased by 10 percentage points over the period, however, its funding ratio fell to 90.8% – just short of the critical level of 90%.PME director Eric Uijen said: “We are preparing our participants for a possible rights discount next year.”The €63bn metal scheme PMT attributed its 5.5% Q1 return chiefly to the 13.1% return of its 49% liabilities portfolio of predominantly fixed income.Because liabilities increased twice as fast as its return, however, PMT closed the last quarter with a coverage ratio of 91.8%.BpfBouw, the €51bn pension fund for the building sector, saw a quarterly return of €3bn wiped out by a €5bn increase in liabilities.As of the end of March, funding at the industry-wide scheme stood at 103.9%, following a drop of 5 percentage points in the first quarter.Chairman Jan Ruis warned that indexation would be “off the cards in the coming years”.In the Netherlands, if at year-end a pension fund’s coverage ratio falls below 90%, it must reduce pension rights straightaway.Under the rules of the new financial assessment framework (nFTK), however, schemes may smooth out cuts over a 10-year period. Four of the five largest pension funds in the Netherlands are still facing rights discounts next year, as the impact of falling interest rates, the criterion for discounting liabilities, by far outstripped first-quarter returns.Although interest rates and equity markets recovered slightly in March, funding ratios have fallen by up to 7 percentage points on balance.ABP, the €359bn pension fund for Dutch civil servants, increased assets by €8bn after reporting a Q1 return of 2.2%.The scheme’s liabilities, however, increased by more than €36bn over the period.last_img read more

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UK is the first stop for new football pools start-up Kiggit

first_img EGBA warns Danish tax hikes could boost offshore market June 8, 2020 Related Articles StumbleUpon Share Spillemyndigheden adds technical requirements on game and wagering reporting June 23, 2020 Submit Jakob HagemannCopenhagen-based start-up Kiggit has announced the launch of its football pools betting app for the UK market, having been approved a UK Gambling Commission (UKGC) License last September.Founded by CEO Jakob Hagemann, Kiggit aims to bring football pools to the social media generation. Hagemann describes the product as a ‘hybrid product, where the Betfair Exchange meets The Football Pools ’.The ambitious start-up has launched apps on iOS and Android devices. Users can generate their own pools and play against friends or they can join one of Kiggit’s community pools.Kiggit’s founding team stated that it wanted to test its product, within the World’s most competitive online gambling market. Hagemann commented on his firm’s first release;“We got some interesting user data that tells us we need to focus on Kiggit’s own pools, and then allow users to invite friends on to them rather than focusing on users creating their own. It is a UX and design matter and we are now updating the app according to feedback and data. We have proven our platform works and we are now going to focus on the user acquisition side”.Should Kiggit gain traction in the UK betting market, Hagemann states that his team will than aim to launch in its home market of Denmark“It’s a great feeling to be live, but we want to challenge the big guys now, so we need to keep moving. We are now looking to secure the next round of funding that will help us launch commercially in both the UK and Denmark”. Altenar: Supporting expansion plans in Denmark and Portugal August 20, 2020 Sharelast_img read more

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