Date: 07.05.2018.

International Internet Magazine. Baltic States news & analytics Monday, 21.05.2018, 21:39

1 ..2 ..3
In March, industrial output grew by 0.6% in Latvia

In March, industrial output grew by 0.6% in Latvia

07.05.2018

Data compiled by the Central Statistical Bureau (CSB) show that, compared to March 2017, in March 2018 industrial production output1 increased by 0.6% (according to calendar adjusted data at constant prices). Production output in manufacturing went up by 1.5%, while in mining and quarrying as well as in electricity and gas supply it fell by 5.9% and 2.1%, respectively.

Keyword tags: Analytics, Good for Business, Industry, Latvia, Markets and Companies



Who’s afraid of Russian gas?

Who’s afraid of Russian gas?

07.05.2018

Russian energy has divided the transatlantic alliance for over 60 years. Tensions normally just simmer, but they flare up when a new project is proposed, especially after a political crisis. In the 1960s, it was the prospect of increased Soviet oil exports following the Cuban missile crisis. In the 1980s, it was more Soviet gas for Western Europe after the Soviet Union had invaded Afghanistan and martial law had been declared in Poland. Today, it is the proposed Nord Stream 2 gas pipeline after Russia’s annexation of Crimea and its war against Ukraine (among other actions).

Deposits with Rietumu Banka shrink by EUR 900 mln in Q1

Deposits with Rietumu Banka shrink by EUR 900 mln in Q1

07.05.2018

The balance of deposits with Latvia's Rietumu Bank in the first quarter of 2018 dropped by about EUR 900 million or 37.5%, according to the 2017 audited financial report, cites LETA.


IKEA looking for more than 100 employees in Latvia

IKEA looking for more than 100 employees in Latvia

07.05.2018

Swedish flat-pack furniture giant IKEA, which is going to open its first store in Latvia this year, is looking to hire more than 100 employees to work at the store, the company’s representatives told LETA.

Bergs Timber acquires Norvik companies in Estonia, Latvia, UK

Bergs Timber acquires Norvik companies in Estonia, Latvia, UK

07.05.2018

The Swedish company Bergs Timber and the Icelandic company Norvik concluded an agreement on April 17 whereby Berg Timber will take over production and trading facilities of Norvik in Estonia, Latvia and the U.K, informs LETA/BNS.


07.05.2018

Unemployment drops to 8.6% in Lithuania

The unemployment level stood at 8.6% in Lithuania in early May, down 0.6 percentage points from early April but up 0.7% year-on-year, figures from the Lithuanian Labor Exchange show, cites LETA/BNS.

07.05.2018

US telecommunications company West coming to Lithuania

American telecommunications company West is entering Lithuania and has registered a local subsidiary, West UC LT, reports LETA/BNS.

1 ..2 ..3

Search site