International Internet Magazine. Baltic States news & analytics
Tuesday, 18.06.2019, 08:35
In May, construction costs in Latvia increased by 0.5%
27.06.2018Data of the Central Statistical Bureau (CSB) show that, compared to April, in May 2018 the level of construction costs in Latvia grew by 0.5%. Labour remuneration of workers increased by 1.7%, maintenance and operational costs of machinery and equipment – by 0.3%, but prices of building materials – by 0.2%.
Keyword tags: Analytics, Construction, Latvia, Markets and Companies, Real Estate
The turnover of retail trade in Lithuania increased by 5.9% in May y-o-y
27.06.2018Statistics Lithuania informs that, based on provisional data, in May 2018, the turnover (VAT excluded) of retail trade1 enterprises amounted to EUR 979.6 million at current prices, and against April 2018, seasonally and calendar adjusted, increased by 0.2% at constant prices (unadjusted – by 9.5%).
A new selection Riga Black Balsam is being launched
27.06.2018In honor of Latvia's centennial, a new selection of Riga Black Balsam is being launched, its design based on the story of Latvia's present-day and future. The jubilee selection of balsam has been aged longer in oaken barrels, giving the legendary beverage a rounded and mild flavor nuances.
Latvijas Kugnieciba subsidiary plans to increase its fleet to 40 vessels by 2020
27.06.2018LSC, a subsidiary of Latvijas Kugnieciba shipping company, plans to increase its fleet to 40 vessels by 2020, LETA was told at the company.
Enefit Green might invest up to EUR 150 mln in Finnish wind farm
27.06.2018Enefit Green, the green energy subsidiary of the Estonian state-owned energy company Eesti Energia, might invest 100 million to 150 million euros in a Finnish wind farm, informs LETA/BNS.
Number of guest workers growing in Latvia
Although Latvia still has its “own workforce reserves”, the number of guest workers is growing, Welfare Ministry official Ilze Zvidrina said in an interview published in the newspaper Neatkariga Rita Avize (NRA), cites LETA.
Power generation at Latvian hydro power plants decreased by 9.3% in 5 months
During the first five months of 2018, power generation at Latvian hydro power plants dropped 9.3% from the same period a year ago, writes LETA, according to the information from the Central Statistical Bureau.
OECD’s review shows Latvian main problems 
