International Internet Magazine. Baltic States news & analytics
Friday, 22.02.2019, 02:42
Industrial production up by 1.0% in euro area Up by 0.8% in EU28
12.10.2018In August 2018 compared with July 2018, seasonally adjusted industrial production rose by 1.0% in the euro area (EA19) and by 0.8% in the EU28, according to estimates from Eurostat, the statistical office of the European Union.
Keyword tags: Analytics, EU – Baltic States, Industry, Statistics
Latvian ports raise cargo turnover 2.2% in January-September
12.10.2018In the first nine months of this year, all Latvian ports together handled 48.72 mln tons of cargo, up 2.2% from the same period in 2017, according to the information released by the Transport Ministry.
Freight shipping by rail in Latvia up 8.4% in January-September
12.10.2018Transportation of international rail freight increased by 9.3% against January-September 2017 to 35,066 mln tons in the first nine months of 2018, while the amount of domestic freight carried by rail fell 15.4 % to 1.044 mln tons. Transportation of transit freight grew 10.2% y-o-y to 32.53 tons, import freight rose 0.5% to 2.313 mln tons and export freight dropped 11.1% to 222,800 tons. The amount of rail freight shipped through Latvian ports grew 5.8% y-o-y to 28.594 mln tons in the nine months of 2018, and deliveries of transit freight by land jumped 57.9% to 3.936 mln tons. In 2017, transportation of rail freight in Latvia fell 8.4% from a year before to 43.792 mln tons, which included 33.314 mln tons carried in the first nine months of 2017. According to the press secretary of Latvijas Dzelzcels (Latvian Railway), the increase in freight turnover by rail in September was mainly due to traditional types of cargo, mainly coal.
Estonian, Latvian and Finnish TSOs continue discussions about harmonizing the regional gas markets
12.10.2018The transmission system operators (TSOs) in Estonia, Latvia and Finland - Elering, Conexus Baltic Grid, Gasum and Baltic Connector – have signed a Memorandum of Understanding on the matters to be solved, if the countries decide to harmonize the regional gas markets in the future.
Central banks of Lithuania and Ukraine will strengthen cooperation in the field of financial innovation
12.10.2018The Bank of Lithuania and the National Bank of Ukraine have agreed to work together to facilitate development of financial innovations. The Co-operation Agreement in the Area of Innovation Development between the two institutions was signed on the sidelines of Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group being held in Nusa Dua, Indonesia, where Fintech issues are discussed at the highest level for the first time.
Security service searches tourist offices offering trips from Estonia to Crimea
Estonia's Internal Security Service (KAPO) this week searched the offices of five tourism enterprises suspected of offering travel services in Russian-occupied Crimea, Russian website of the public broadcaster ERR reported.
Kesko has become one of the leaders of e-commerce in the Baltic States
Kesko Senukai Digital, a company which belongs to the Finish Kesko concern group, closed the transaction in which it acquired 100 % of the shares of the online retail market group 1A and became one of the leading e-commerce platform operators in the Baltic countries.
EU economy’s future: slow but positive growth
