International Internet Magazine. Baltic States news & analytics
Wednesday, 19.02.2020, 01:37
Statistics Lithuania informs that, based on provisional data, in February 2018, the turnover (VAT excluded) of retail trade1 enterprises amounted to EUR 761.2 million at current prices, and against January 2018, seasonally and calendar adjusted, decreased by 1.1% at constant prices (unadjusted – 8.3%).
Keyword tags: Analytics, Lithuania, Markets and Companies, Retail
The first hotel of the Marriott chain will open in Lithuania in April 2018, real estate developer Hanner, which has invested 20 million euros in the construction, has confirmed, informs LETA/BNS.
Latest data of the Central Statistical Bureau (CSB) show that, compared to the 1st half of 2017, in the 2nd half of the year the average purchase prices of round timber in Latvia increased. Within the coniferous tree sector, the greatest rise was observed in purchase prices of pine sawlogs in diameter under 14 cm, while within deciduous tree sector – in purchase prices of birch veneer logs of category A.
If the European Union (EU) decided to lower the financing of the European-gauge railway Rail Baltica in 2021, the state-run railway company Lietuvos Gelezinkeliai (Lithuanian Railways, LG) would not be capable of earmarking additional money for the project, says the company's CEO Mantas Bartuska, cites LETA/BNS.
The reserve capacities of the Kruonis Pumped Storage Plant operated by the Lithuanian state-run energy holding Lietuvos Energija will not be used for the needs of the Astravyets nuclear power plant (NPP) under construction in Belarus, under a decree signed by the energy ministry on March 27th, informs LETA/BNS.
Lidl Latvija is interested in construction of a Lidl supermarket in Tukums, western Latvia, the Tukums local authority said, cites LETA.
The Bank of Estonia said that the Estonian labor market is overheating due to the lack of investments by companies, informs LETA/BNS.