Date: 02.07.2018.

International Internet Magazine. Baltic States news & analytics Monday, 16.07.2018, 13:35

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In May, the volume of industrial production was 3% greater in Estonia

In May, the volume of industrial production was 3% greater in Estonia

02.07.2018

According to Statistics Estonia, in May 2018, the production of industrial enterprises increased by 3% compared to May 2017. Production increased in manufacturing and in mining, but decreased substantially in energy.

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



Specialists: Klaipeda LNG terminal to remain useful in future

Specialists: Klaipeda LNG terminal to remain useful in future

02.07.2018

With the Lithuanian government due to decide on the future of the Klaipeda liquefied natural gas (LNG) terminal, businesses call on the authorities to look for ways to lower the terminal's costs for gas consumers and energy experts say that these costs will go down and that the floating storage and regasification unit (FSRU) will remain useful to the country in the future as gas will play an increasingly important role, reports LETA/BNS.

In May, the turnover of Estonian retail trade enterprises was 630.2 mln euros

In May, the turnover of Estonian retail trade enterprises was 630.2 mln euros

02.07.2018

According to Statistics Estonia, in May 2018, compared to May of the previous year, the turnover of retail trade enterprises increased 3% at constant prices. While in April, the turnover increased 1% compared to the same month of the previous year, the growth accelerated slightly in May.


Turnover of Rigas Kugu Buvetava shipyard shrinks 4.8 times in Q1

Turnover of Rigas Kugu Buvetava shipyard shrinks 4.8 times in Q1

02.07.2018

Rigas Kugu Buvetava shipyard reported EUR 817,872 in turnover for the first quarter of this year, which is 4.8 times less than a year ago, and the company’s loss expanded 2.6 times year-on-year to EUR 913,184, writes LETA, according to the company’s statement to Nasdaq Riga.

Lithuanian Seimas lowers threshold for dual citizenship referendum

Lithuanian Seimas lowers threshold for dual citizenship referendum

02.07.2018

The Seimas of Lithuania has lowered the threshold for the adoption of constitutional amendments on a dual citizenship referendum, reports LETA/BNS.


02.07.2018

Nordica ends year with profit for 1st time

The Estonian state-owned airline Nordic Aviation Group (NAG) operating under the Nordica trademark in 2017 made a profit of 900,000 euros and the number of the company's passengers grew 68% on year, reports LETA/BNS.

02.07.2018

Vilnius starts collecting tourist fee

Vilnius has started collecting a tourist fee of 1 euro per spent night as of Jul 1, 2018, with exemptions for minors and disabled people, informs LETA/BNS.

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