Date: 11.08.2017.

International Internet Magazine. Baltic States news & analytics Saturday, 16.12.2017, 16:50

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In Q2, construction output in Latvia rose by 15.9%

In Q2, construction output in Latvia rose by 15.9%

11.08.2017

The latest data compiled by the Central Statistical Bureau (CSB) show that, compared to the corresponding period of 2016, in the 2nd quarter of 2017 construction output1 increased by 15.9% (according to calendar adjusted data at constant prices). Construction production output at current prices amounted to 384.4 million euros.

Keyword tags: Analytics, Construction, Good for Business, Latvia, Real Estate



In 2016, 21.9% Lithuania’s population were living below the at-risk-of-poverty threshold

In 2016, 21.9% Lithuania’s population were living below the at-risk-of-poverty threshold

11.08.2017

Statistics Lithuania informs that in 2016, according to the data of the Survey on Income and Living Conditions, the at-risk-of-poverty rate in Lithuania stood at 21.9%. Against 2015, it decreased by 0.3 percentage points. In 2016, about 630 thousand persons were living below the at-risk-of-poverty threshold.

Lithuanian Court rules to extradite Google, Facebook fraud suspect to US

Lithuanian Court rules to extradite Google, Facebook fraud suspect to US

11.08.2017

The Lithuanian Court of Appeals on Friday ruled to extradite Evaldas Rimasauskas, a Lithuanian national accused of swindling US tech giants Facebook and Google off 100 million US dollars via an email fraud scheme, to the United States. The court overruled the claim filed by Rimasauskas in a final ruling that is not subject to appeals, informs LETA/BNS.


Lithuanian Railways raise revenue to EUR 242 mln in January-July

Lithuanian Railways raise revenue to EUR 242 mln in January-July

11.08.2017

State-run Lietuvos Gelezinkeliai (Lithuanian Railways, LG) generated 242 million euros in revenue in January through July 2017, up by 3.8% from the same period of 2016, informs LETA/BNS.

July output of Lithuanian power plants lowest in 2017

July output of Lithuanian power plants lowest in 2017

11.08.2017

The aggregate amount of electricity generated by Lithuania's power plants in July 2017, 156 gigawatt-hours, was the lowest throughout 2017, electricity transmission operator Litgrid said. The production is down 4% year-on-year and 25% month-on-month, informs LETA/BNS.


11.08.2017

Dobeles Dzirnavnieks’ profit expanded 2.4 times in 2016

Latvia’s leading grain mill Dobeles Dzirnavnieks closed 2016 with EUR 89.771 million turnover, down 8.9% from a year before, while its profit expanded 2.4 times to EUR 2.713 million, writes LETA, according to information available at Firmas.lv.

11.08.2017

Financial crisis: a decade after…

Global financial crisis began 10 years ago and led to the Union's worst recession in its six-decade history. The crisis originated not in the EU but in the US; though the EU institutions and the EU states needed to act resolutely to counter its impact. Main efforts were devoted to addressing the shortcomings of the then Economic and Monetary Union’s structures. Decisive actions have paid off concluded European Commission.

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