Date: 29.01.2018.

International Internet Magazine. Baltic States news & analytics Friday, 22.02.2019, 17:00

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In January, the consumer confidence indicator stood at minus 8 in Lithuania

In January, the consumer confidence indicator stood at minus 8 in Lithuania

29.01.2018

Statistics Lithuania informs that in January 2018, the consumer confidence indicator stood at minus 8, and against December 2017, remained unchanged. More pessimistic expectations for the changes in unemployment figures and possibility to make at least some savings in the coming 12 months was counterbalanced by more optimistic expectations for the country’s economic situation and households’ financial situation.

Keyword tags: Analytics, EU – Baltic States, Lithuania, Markets and Companies, Society



Lithuania's shipyard launches production of stainless steel, aluminum structures

Lithuania's shipyard launches production of stainless steel, aluminum structures

29.01.2018

Vakaru Laivu Gamykla (Western Shipyard, or VLG), a Lithuanian shipbuilding and repairing group controlled by Estonia's BLRT Grupp, last year set up a subsidiary Vakaru Technologiniai Sprendimai (Western Technological Solutions) that will produce stainless steel and aluminum structures, informs LETA/BNS.

Adven to build biofuel boiler plant for EUR 1.3 mln in Kunda

Adven to build biofuel boiler plant for EUR 1.3 mln in Kunda

29.01.2018

The energy company Adven Eesti has entered into a contract for the construction of a 1.3 million euro biofuel boiler plant in the North Estonian industrial town Kunda, half of the cost of which will be paid for by the Environmental Investments Center from the money of the European Union Structural and Investment Funds, informs LETA/BNS.


604 counterfeit euro notes found in Estonia in 2017

604 counterfeit euro notes found in Estonia in 2017

29.01.2018

Altogether 604 counterfeit euro banknotes, 86 or 16.6% more than in 2016, were withdrawn from circulation in Estonia in 2017. The number of counterfeit euro coins withdrawn from circulation in Estonia during the year was 74, roughly as many as in 2016. The counterfeits encountered the most often were 50 euro notes, of which 486 were detected, the Estonian central bank said, cites LETA/BNS.

Economists see Lithuania's GDP up 3.5% in 2017

Economists see Lithuania's GDP up 3.5% in 2017

29.01.2018

Economists say that Lithuania's gross domestic product (GDP) went up by around 3.5% last year from 2016, mainly driven by growing exports and still agile domestic consumption, shows a survey by BNS Lithuania, cites LETA.


29.01.2018

Macro Riga sells 1.35% of shares in HansaMatrix

Macro Riga, the largest shareholder in Latvian hi-tech company HansaMatrix, has sold 1.35% of HansaMatrix shares, writes LETA, according to the statement submitted to the Nasdaq Riga stock exchange.

29.01.2018

Estonia-Finland relations extremely close

Relations between Estonia and Finland are extraordinarily close, Estonian President Kersti Kaljulaid said in her message of congratulation to Sauli Niinisto on his reelection as the president of Finland, reports LETA/BNS.

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