International Internet Magazine. Baltic States news & analytics
Thursday, 23.03.2017, 14:14
The Lithuanian central bank governor said on Tuesday that a new bank might enter the market this year, but he gave no further details. According to information available to LETA/BNS, it could be a Chinese bank or financial institution.
Keyword tags: Banks, China, Financial Services, Good for Business, Investments, Lithuania, Markets and Companies
SEB Bankas was the number-one bank in Lithuania by assets and loans at the end of of 2016 and Swedbank led the market in terms of deposits, consolidated figures from the central Bank of Lithuania showed on Tuesday.
Last year the Estonian electricity distribution system operator Elektrilevi invested 88.5 mln euros in assuring and increasing quality, building 253 substations and 2,699 kilometers of new lines, reports company.
ithuania in January posted the highest annual industrial grwoth rate in the European Union, figures from the EU statistical office Eurostat showed on Tuesday.
Latvia has the third largest share of renewable energies in gross final energy consumption among the EU member states, according to the latest Eurostat data for 2015.
A new report by Ellex and Mergermarket reveals that M&A deal volume in 2016 was up 24% on the previous year, reaching its highest point on Mergermarket record. And the outlook for 2017 remains similarly robust, in spite of a backdrop of broader regional turbulence caused by Brexit, continued economic contraction in Russia, and slow growth throughout the eurozone.
According to Statistics Estonia, there were nearly 9,000 job vacancies in the enterprises, institutions and organisations of Estonia in the 4th quarter of 2016. Compared to the 3rd quarter, when the number of job vacancies reached a 7-year high, in the 4th quarter, the number of job vacancies decreased by 18%. Compared to the 4th quarter of 2015, the number of job vacancies increased by 37%.