International Internet Magazine. Baltic States news & analytics
Monday, 27.02.2017, 06:55
Scapa Baltic, a Swedish-owned Lithuanian company that manufactures soft leather and tapestry furniture for the Scandinavian market, posted 36.176 mln euros in revenue for the last financial year, up 1.5% from 35.651 mln euros a year earlier, writes LETA/BNS.
Keyword tags: EU – Baltic States, Financial Services, Good for Business, Industry, Lithuania, Markets and Companies
The average price of electricity in Nord Pool Spot's Lithuanian bidding area rose by 12 percent last week from a week earlier to 40.9 euros per megawatt-hour as a cold snap boosted power demand, Litgrid said LETA/BNS on Monday.
Residents of Latvia have to spend larger part of their monthly income in taxes than residents of Lithuania or Estonia, as Swedbank Institute of Finances informed LETA.
British Home Office has begun to send notifications to immigrants that they will be sent home if they do not have a registered residence or a job in Britain, LNT television reported on Sunday.
The Latvian economy showed a subdued growth of 1.6% in 2016, according to the Winter 2017 Economic Forecast released by the European Commission reports LETA.
Estonia ran a current account surplus of 65 million euros in December 2016, a flash estimate published by the Bank of Estonia on Monday indicates.
After considering Estonia's periodic report on the situation of children, the UN Committee on the Rights of the Child called on the country to ensure that the necessary regulations and budgetary allocations are made for the implementation of the new Child Protection Act that entered into force in 2016, reports LETA/BNS.