Date: 26.07.2018.

International Internet Magazine. Baltic States news & analytics Saturday, 15.12.2018, 23:00

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Latvia becomes top travel destination for Estonians

Latvia becomes top travel destination for Estonians

26.07.2018

In 2017, Estonian residents made 1.3 mln trips abroad with overnight stays, nearly half of them to neighboring countries, and while in previous years the most popular destination was Finland, last year Latvia became the most popular destination for Estonians with more than a third of trips with overnight stays made there.

Keyword tags: Estonia, Latvia, Statistics, Tourism



Construction costs increased by 0.4% in Latvia

Construction costs increased by 0.4% in Latvia

26.07.2018

Data of the Central Statistical Bureau (CSB) show that, compared to May, in June 2018 the level of construction costs in Latvia grew by 0.4%. Labour remuneration of workers grew by 0.6%, prices of building materials – by 0.5%, but maintenance and operational costs of machinery and equipment – by 0.1%.

Sawmill Kurekss achieves 3% increase in turnover

Sawmill Kurekss achieves 3% increase in turnover

26.07.2018

Sawmill Kurekss in Targale County, Ventspils Region posted EUR 48.754 mln in turnover last year, a 3% increase on 2016, while the company's profit rose 3% to EUR 4.244 mln, informs LETA.


H1 profit of Eften Real Estate Fund III falls 21.9% on year

H1 profit of Eften Real Estate Fund III falls 21.9% on year

26.07.2018

Sales of the listed Estonian fund Eften Real Estate Fund III AS grew 16% on year in the first six months of 2018 to 4.1 mln euros, while net profit fell 21.9% to 3.1 mln euros.

Lithuanian Railways to pay EUR 34 mln in dividends to state

Lithuanian Railways to pay EUR 34 mln in dividends to state

26.07.2018

Lithuania's state-run railway company Lietuvos Gelezinkeliai (Lithuanian Railways) will pay 34 mln euros in dividends to the state for 2017, in the largest dividend payments since 2012, informs LETA/BNS.


26.07.2018

Lithuania's Maxima Grupe gets permission to issue intl bonds

The Central Bank of Ireland has approved the Lithuanian Maxima Grupe's (Maxima Group) base prospectus, announced on the Dublin Stock Exchange and letting the company to issue bonds worth up to 1 bln euros.

26.07.2018

Latvian Economics Ministry annuls MPC licenses of two more cogeneration power plants

The Latvian Economics Ministry has decided to annul renewable energy licenses of two more combined heat-and-power (cogeneration) plants, Energy Solutions-Aloja and Energy Solutions, informs LETA.

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