International Internet Magazine. Baltic States news & analytics
Tuesday, 21.05.2019, 18:36
BRD Projekts to develop construction designs for Skanste tram line in Riga
29.06.2018The construction designs for the new Skanste tram line in Riga will be developed by BRD Projekts company, and the contract amount is EUR 2.05 million (VAT excluded), said Rigas Satiksme, the municipal company providing public transport services in the Latvian capital, informs LETA.
Keyword tags: Construction, Investments, Latvia, Legislation, Transport
In May, retail trade turnover grew by 7% in Latvia
29.06.2018Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) show that, compared to May 2017, in May 2018 total retail trade turnover rose by 7%. Turnover of retail trade in food products increased by 6.5%, while turnover of retail trade in non-food products and retail sale of automotive fuel rose by 7.3%.
Lifting trade and investment barriers for European businesses
29.06.2018New annual report “Trade and Investment Barriers” recently published shows that the European Commission has eliminated many trade barriers for the EU companies in trade with foreign countries. About 90 barriers were lifted for businesses through the EU Market Access Partnership since the end of 2014 and 45 during only one year -2017.
In Q1, the surplus of balance of services amounted to 7.8% of GDP in Lithuania
29.06.2018The Bank of Lithuania and Statistics Lithuania announce that in I quarter 2018, exports of services amounted to EUR 2.0 billion, imports – EUR 1.3 billion. The surplus of balance of services amounted to EUR 773.8 million, or 7.8% of GDP, and against I quarter 2017 increased by EUR 179.6 million, or 30.2%.
Probe against Rimsevics was started based on Trasta Komercbanka shareholders' application
29.06.2018The Corruption Prevention Bureau (KNAB) started the criminal probe against Bank of Latvia Governor Ilmars Rimsevics and entrepreneur Maris Martinsons based on an application filed by two shareholders of Trasta Komercbanka, the case’s supervising prosecutor Viorika Jirgena said at a press briefing today without naming the shareholders, reports LETA.
Construction of Grand Dukes' Palace in Vilnius completed
The construction of the Palace of the Grand Dukes of Lithuania on the site of the original palace in the capital's lower castle complex has been completed 15 years after it was started, informs LETA/BNS.
Eesti Energia borrows EUR 300 mln for purchasing Nelja Energia
The Estonian state-owned energy company Eesti Energia has borrowed 300 million euros for acquiring the renewable energy company Nelja Energia from the consortium, informs LETA/BNS.
EU strategy’s draft for the states up to 2024 
