Date: 12.05.2017.

International Internet Magazine. Baltic States news & analytics Tuesday, 26.09.2017, 03:26

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Construction in Latvia grows 8.4% in Q1

Construction in Latvia grows 8.4% in Q1

12.05.2017

The latest data compiled by the Central Statistical Bureau (CSB) show that, compared to the corresponding period of 2016, in the 1st quarter of 2017 construction output1 increased by 8.4 % (according to calendar adjusted data at constant prices). Construction production output at current prices amounted to 222 mln euros.

Keyword tags: Analytics, Construction, Latvia, Statistics



The number of Estonian residents travelling to warm countries rose in the first quarter

The number of Estonian residents travelling to warm countries rose in the first quarter

12.05.2017

There were more than one million visits to Estonia by foreign residents in the first quarter of 2017, which was 6% more than in the same quarter of 2016. The biggest increase was in the number of tourists from Russia, who made 22,000 more visits to Estonia than a year before. The number of visitors from Russia who stayed overnight was up 14%. They accounted for one fifth of the total number of overnight visits, which is the largest share for three years.

Luthuania`s enterprises intend to be more active in search of credit

Luthuania`s enterprises intend to be more active in search of credit

12.05.2017

Having long used internal resources-based business financing, enterprises are gradually turning towards credit institutions, as reflected in the most recent survey of the Bank of Lithuania.


Under the impact of global trends, Latvian exports continue to grow

Under the impact of global trends, Latvian exports continue to grow

12.05.2017

In the first quarter of 2017, goods exports posted a substantial increase, 10.1%, making a positive contribution to economic growth at the beginning of this year.

Westaqua Manufacturing triples its profit

Westaqua Manufacturing triples its profit

12.05.2017

he profit of Estonian producer of water filters Westaqua Manufacturing OU, a subsidiary of the U.S. and Russian-owned Aquaphor group, last year grew from 877,000 euros to 2.6 mln euros, while the company's sales revenue increased from 26.7 mln euros to 33.6 mln euros, reports LETA/BNS.


12.05.2017

Sweden's real estate market boosts risks for Swedish-capital banks in Lithuania

The overheating real estate market in Sweden poses a risk to Swedish-capital banks in Lithuania, says Stefan Ingves, governor of Sweden's Central Bank, adding that collapse of real estate prices would cause problems for Swedish banks in all markets, citing LETA/BNS.

12.05.2017

RMK to soon decide on auction of Tootsi wind farm plot

The supervisory board of the Estonian state forest manager RMK held a meeting on Friday to decided how to hold the auction of the Tootsi wind farm plot and a decision regarding the auction should be made in the next few days, informed LETA/BNS.

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