International Internet Magazine. Baltic States news & analytics
Monday, 17.06.2019, 10:11
The turnover of retail trade in Lithuania decreased by 1.1% in February
28.03.2018Statistics 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
Marriott to open 1st hotel in Lithuania in April
28.03.2018The 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.
Slight increase in purchase prices of round timber registered in Latvia in H2
28.03.2018Latest 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 EU reduced funding, Lithuanian Railways would lack money for Rail Baltica
28.03.2018If 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.
EnergMin bans use of Kruonis plant capacities for Astravyets NPP
28.03.2018The 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 interested in construction of supermarket in Tukums, western Latvia
Lidl Latvija is interested in construction of a Lidl supermarket in Tukums, western Latvia, the Tukums local authority said, cites LETA.
Eesti Pank: overheating of labor market caused by lack of investments
The Bank of Estonia said that the Estonian labor market is overheating due to the lack of investments by companies, informs LETA/BNS.
OECD’s review shows Latvian main problems 
