International Internet Magazine. Baltic States news & analytics
Tuesday, 19.02.2019, 15:19
Heatwave pushes Baltic electricity prices further up
31.07.2018Hot and dry weather last week continued to drive electricity prices in the Baltic countries higher, the independent power supplier Elektrum Lietuva said LETA/BNS.
Keyword tags: Analytics, Energy, Energy Market, EU – Baltic States, Lithuania
US window maker INTUS to build plant in Lithuania's Siauliai
31.07.2018INTUS Windows, a US windows producer established by Lithuanian expatriates, is set to build a factory in Siauliai, in northern Lithuania, with plans to invest up to 30 mln euros in the facility and employ up to 600 people, Invest Lithuania informed on Tuesday.
Lithuanian court upholds Kaunas' decision to name Turkish firm as stadium contract winner
31.07.2018A court has upheld Kaunas' decision to name Turkey's Kayi Insaat Sanayi ve Ticaret as the winning bidder for a contract to reconstruct the Darius and Girenas Stadium in Lithuania's second-biggest city, reported LETA/BNS.
Latvian unemployment was above EU average in June - Eurostat
31.07.2018In June 2018, Latvia’s unemployment rate was 7.4 percent, or higher than the EU average, according to the latest unemployment data on the bloc's 24 member states released today by Eurostat.
Economic growth is driven by household consumption, investment and exports
31.07.2018The development of Lithuania’s economy continues at a rapid pace, even though less favourable developments in the international environment has dampened external demand growth, thus resulting in significant slowdown in export growth in the first half of 2018. Construction sector, following a few years’ break, is again among the economic activities contributing the most to the growth of domestic economy. The Bank of Lithuania’s experts continue to expect the development of domestic economy to remain relatively robust this year.
Lithuanian energy distribution co ESO's Jan-Jun revenue up 0.4 % to EUR 309 mln
Lithuania's electricity and natural gas distribution company Energijos Skirstymo Operatorius (Energy Distribution Operator, or ESO) said in a stock exchange release that its revenue for January through June 2018 edged up by 0.4 % y-o-y to 309 mln euros.
In June, the volume of industrial production in Estonia was greater than a year ago
According to Statistics Estonia, in June 2018, the production of industrial enterprises increased by 3% compared to June 2017. Production increased in manufacturing, energy as well as in mining.
EU economy’s future: slow but positive growth
