Date: 29.10.2018.

International Internet Magazine. Baltic States news & analytics Tuesday, 16.07.2019, 23:52

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Labor shortages dampen business optimism in Latvia - Citadele Index

Labor shortages dampen business optimism in Latvia - Citadele Index

29.10.2018

Business optimism in Latvia is dampened by increasingly serious labor shortages, Citadele Bank’s spokeswoman Ieva Prauline told LETA, citing the latest Citadele Index survey.

Keyword tags: Analytics, Banks, Financial Services, Labour-market, Latvia



Lithuania's Klaipedos Nafta to borrow over EUR 300 mln to buy LNG terminal's vessel

Lithuania's Klaipedos Nafta to borrow over EUR 300 mln to buy LNG terminal's vessel

29.10.2018

With Lithuania set to purchase the Klaipeda LNG terminal's floating storage and regasification unit (FSRU) by the end of 2024, Klaipedos Nafta, the terminal's operator, plans to borrow up to 308 mln euros in loans backed by state guarantees, informed LETA/BNS.

Riga City Council plans to allot additional EUR 22.5 mln subsidy to Rigas Satiksme transport company

Riga City Council plans to allot additional EUR 22.5 mln subsidy to Rigas Satiksme transport company

29.10.2018

The Riga City Council in this year’s amendments to the budget plans to allocate additional EUR 22.5 mln subsidy to Rigas Satiksme municipal public transport company, Riga City Council lawmaker Vilnis Kirsis told LETA.


Food Union becomes direct owner of Rigas Piensaimnieks dairy company

Food Union becomes direct owner of Rigas Piensaimnieks dairy company

29.10.2018

yprus-registered Food Union Holding (CY) Public Company Limited (Food Union) has become the sole and direct owner of Rigas Piensaimnieks dairy company. Accoridng to Firmas.lv business database reported LETA.

Estonian sauna manufacturer Ha Serve, producer of thermally modified wood Thermory merge

Estonian sauna manufacturer Ha Serve, producer of thermally modified wood Thermory merge

29.10.2018

Ha Serv, an Estonia-based sauna materials manufacturer belonging to private equity investment firm Livonia Partners led by investment banker Rain Lohmus, has merged with Thermory AS, manufacturer of thermally modified sauna materials, reported LETA/BNS.


29.10.2018

Estonia`s Saaremaa, Latvia's Ventspils preparing procurement for ferry route

Representatives of the Estonian island municipality of Saaremaa met with officials of Latvia's Ventspils free port and the city government to discuss a plan to reactivate the Montu-Ventspils shipping service, informed LETA/BNS.

29.10.2018

Draugiem Group sets up Fast Brands Latvia company

Latvian IT enterprise Draugiem Group has established a new company, called Fast Brands Latvia, the group’s representative Janis Palkavnieks told LETA.

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