International Internet Magazine. Baltic States news & analytics
Tuesday, 02.06.2020, 15:23
Next crisis can be brought about by developments on real estate market - ECB
06.09.2018The next crisis in Europe and the world might be brought about by developments connected to the real estate market and mortgage lending, Daniele Nouy, Chair of the Supervisory Board of the European Central Bank (ECB), said in an interview with LETA.
Keyword tags: Analytics, Banks, EU – Baltic States, Latvia, Real Estate
Lithuanian dairy company Zemaitijos Pienas sells 32% stake in Muizas Piens food wholesaler
06.09.2018Lithuanian dairy company Zemaitijos Pienas has sold a 32% stake in Latvia’s food wholesaler Muizas Piens, according to the Lithuanian company’s statement to Nasdaq Vilnius.
Estonian Merko to build 6 apartment houses near Vilnius Old Town
06.09.2018UAB Merko bustas, a company of the listed AS Merko Ehitus group, has started work on the Vilneles slenis residential development project on the outskirts of the Old Town of Vilnius, at the address Pakrascio st. 20, Merko told the stock exchange.
Livonia Award presented to Valmiermuizas Alus brewery for successful work in Estonia
06.09.2018The Livonia Award has been presented to Latvia’s Valmiermuizas Alus brewery for its successful work in Estonia, the Latvian Chamber of Commerce and Industry (LTRK) reported.
Lithuania's Maxima Grupe places EUR 300 mln bond
06.09.2018Maxima Grupe (Maxima Group), the largest retail group in the Baltics, on Thursday successfully placed its first 300-million-euro bond issue in international markets, informed LETA/BNS.
OP Corporate Bank allots additional financing of EUR 20 mln to Latvijas Gaze
Latvian branch of Finland's OP Corporate Bank Plc has extended cooperation with the joint-stock natural gas utility Latvijas Gaze by increasing its credit line for the company by EUR 20 mln, OP Corporate Bank Plc branch's representatives told LETA.
Rietumu Banka showed the steepest profit growth among Latvian banks
Swedbank closed the first half of 2018 with the highest profit among Latvian banks, followed by SEB Banka and Luminor Bank, and two banks reported losses for the first six months of this year, according to the data released by the Finance Latvia Association writes LETA.
EU and the Baltics: assisting in crisis 
