International Internet Magazine. Baltic States news & analytics
Tuesday, 21.05.2013, 12:17
Provisional data of the Central Statistical Bureau show that the total foreign trade turnover at current prices in March 2012 comprised LVL 1242.6 million – 9.7% or LVL 109.9 million more than a month before and 9.0% or LVL 102.5 million more than in March 2011.
Keyword tags: Analytics, Baltic Export, Foreign trade , Good for Business, Latvia
According to Statistics Estonia, by flash estimates, the gross domestic product (GDP) of Estonia increased by 3.9% in the 1st quarter of 2012 compared to the same quarter of the previous year.
In 2011, marriage in Lithuania lasted 13.2 years on average and slightly increased from 2010 when it accounted for 13 years, says Statistics Lithuania.
If contract on procurement of new trains in Latvia is terminated, RVR and CAF will relocate manufacturing to another country11.05.2012
If Pasazieru vilciens (Passenger Train, PV) and Construcciones y Auxiliar de Ferrocarriles, S.A. (CAF) contract on procurement of new trains is terminated, Rigas vagonbuves rupnica (Riga Railcar Factory, RVR) will relocate manufacturing to another country, RVR Board Chairman Valerijs Igaunis told Nozare.lv.
In May and June each year, premium real estate along the coastline of the Gulf of Riga traditionally enjoys great demand from potential buyers. This spring has seen demand increase 15% year-on-year. And, in the opinion of experts from Baltic Sotheby’s International Realty (a company operating with high-quality residential real property), foreign customers have started to show higher interest for premium objects in “quiet” Jurmala (Lielupe/Bulduri) and beyond the resort town (Engure/Roja).
Lithuania most likely miss a deadline to narrow its budget deficit, threatening the Baltic nation's access to the European Union development grants that have driven economic growth, Bloomberg reports referring to the European Commission's statement.
Estonian builder Nordecon AS and Selvaag Sakala OÜ, a subsidiary of the Norwegian real estate group Selvaag Gruppen, signed a contract for the construction of an office building in Tallinn city center, at Kentmanni 4/Sakala 10, Nordecon said in a statement.