Date: 16.03.2018.

International Internet Magazine. Baltic States news & analytics Friday, 20.07.2018, 05:48

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In Q4, hourly labour costs grew by 7.3% in Latvia

In Q4, hourly labour costs grew by 7.3% in Latvia

16.03.2018

Seasonally non-adjusted data of the Central Statistical Bureau (CSB) show that, compared to the 4th quarter of 2016, in the 4th quarter of 2017 hourly labour costs rose by 54 cents or 7.3%, reaching EUR 8.02. Seasonally adjusted data show identical changes – rise of 7.3%.

Keyword tags: Analytics, Employment, Financial Services, Latvia, Markets and Companies, Wages



Over 70 procurements to be announced for Rail Baltica in 2018

Over 70 procurements to be announced for Rail Baltica in 2018

16.03.2018

Over 70 procurements are planned to be announced this year as part of the Rail Baltica fast train project in the Baltic states, said RB Rail, the pan-Baltic joint venture for implementation of the project, informs LETA.

February revenue of PRFoods up 117.5%

February revenue of PRFoods up 117.5%

16.03.2018

The unaudited consolidated sales revenue of the listed Estonian food group PRFoods in February 2018 was 7.6 million euros, bigger by 117.5% than in the same month a year ago, informs LETA/BNS.


Rietumu Banka has been turning away high-risk clients for several years already

Rietumu Banka has been turning away high-risk clients for several years already

16.03.2018

Latvia’s Rietumu Banka has been turning away high-risk clients for several years already and has significantly reduced the amount of transactions, the bank’s representatives informed LETA.

EUR 290 mln paid out in green energy, cogeneration support in Latvia in 2017

EUR 290 mln paid out in green energy, cogeneration support in Latvia in 2017

16.03.2018

Nearly EUR 290 million were paid out in the green energy and cogeneration support in Latvia in 2017 therefore Economics Minister Arvils Aseradens (Unity) suggests that a mechanism should be developed to phase out the mandatory purchase component (MPC or a component of the electricity price used to subsidize green energy producers), informs LETA.


16.03.2018

RAM: the market calm gone as Trump's protectionist policies raise uncertainty

The specialists of Rietumu Group have prepared an overview on the return of the investment funds of Rietumu Asset Management (RAM) for February 2018. Along with information on the structure and dynamics of the funds, the review contains the traditional analysis of the current political events and key economic factors that exert an influence on financial markets, reported BC Rietumu bank’s press service.

16.03.2018

Balticovo plans EUR 3.3 mln investment in expanding production of cage-free eggs

Latvian egg and egg product maker Balticovo plans to spend around EUR 3.3 million on expanding production of cage-free eggs, LETA was told at the company.

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