Date: 26.06.2018.

International Internet Magazine. Baltic States news & analytics Wednesday, 24.04.2019, 23:24

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Leonhard Weiss to reconstruct 64 km of railway in Estonia

Leonhard Weiss to reconstruct 64 km of railway in Estonia

26.06.2018

The state-owned Estonian railway infrastructure company Estonian Railways (AS Eesti Raudtee) has entered into a contract with Leonhard Weiss RTE AS for the reconstruction of 64 kilometers of railway sections on the Tapa-Narva and Tapa-Tartu routes for 19.4 million euros, informs LETA/BNS.

Keyword tags: Estonia, Financial Services, Good for Business, Railways, Transport



Eesti Pank lowers 2018 economic forecast to 3.5%

Eesti Pank lowers 2018 economic forecast to 3.5%

26.06.2018

The Bank of Estonia has lowered Estonia's 2018 economic growth forecast by 0.7 points to 3.5%, but raised the 2019 forecast by 0.5 points to 3.6%, reports LETA/BNS.

Revenue of Magnetic MRO grew by 79% in 2017

Revenue of Magnetic MRO grew by 79% in 2017

26.06.2018

Revenue of the Tallinn-based aircraft maintenance company Magnetic MRO grew 79% to 90.9 million euros in 2017 and its profit increased 60.4% to nearly 4 million euros, reports LETA/BNS.


The Competition Council in Latvia given more authority in dealing with dishonest municipal companies

The Competition Council in Latvia given more authority in dealing with dishonest municipal companies

26.06.2018

The Latvian government on June 26th supported amendments to the Competition Law, giving the Competition Council more authority in dealing with dishonest municipal companies, informs LETA.

SEB grants EUR 7.5 mln loan to Vika Wood

SEB grants EUR 7.5 mln loan to Vika Wood

26.06.2018

SEB Banka has granted a long-term loan of EUR 7.5 million to the Latvian wood-processing company Vika Wood, the bank announced LETA.


26.06.2018

IMF: home price, credit growth, spillovers from Nordic banks are key risks to Lithuania

The International Monetary Fund (IMF) sees rapid growth in housing prices and credit, and spillovers through Nordic parent banks as the main risks to Lithuania's banking system, informs LETA/BNS.

26.06.2018

Riga Commercial Port posts EUR 27.682 mln in 2017 profit

Latvia's Rigas Tirdzniecibas Osta (Riga Commercial Port, RTO) concern closed 2017 with EUR 176.653 million in turnover, up 1.3% from a year before, while its profit rose 30.9% year-on-year to EUR 27.682 million, writes LETA, according to the company’s financial report.

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