International Internet Magazine. Baltic States news & analytics
Friday, 13.12.2019, 16:34
Rietumu Bank's profit at EUR 29.7 mln in January-September
30.11.2018As of 30 September 2018, assets of the bank amount to EUR 1.6 bn, deposits of customers are EUR 1.1 bn, which corresponds to the second quarter results. Equity and reserves have grown up to EUR 468 mln. Net profit of the bank during the nine months has reached EUR 29.7 mln.
Keyword tags: Banks, Financial Services, Good for Business, Latvia
Lithuania's GDP grows 2.9% in Q3 y-o-y
30.11.2018Statistics Lithuania informs that based on more comprehensive business, tax and price statistics, in III quarter 2018, country’s gross domestic product (GDP) at current prices amounted to EUR 12.0 bn. Compared to II quarter 2018, the real GDP change1 was negative and stood at -0.3%, while compared to the respective quarter 2017, GDP increased by 2.9%. Seasonally and calendar unadjusted, GDP growth stood at 8.1 and 2.4% respectively.
Robotex International to bring thousands of competitors to Tallinn
30.11.2018From Friday to Sunday, Tallinn will host Robotex International, the world's largest robotics festival where thousands of engineers and executives will showcase their latest inventions in the festival exhibition, reported LETA/BNS.
Nordecon to acquire Alpstal's holding in Swedish subsidiary for own shares
30.11.2018The listed Estonian construction group Nordecon has decided to acquire for own shares the 40% shareholding of Sven Lennart Alpstal's company Luksusjaht in Nordecon's Swedish subsidiary Swencn OU, reported LETA/BNS.
Economic growth in Estonia accelerated in the 3rd quarter
30.11.2018According to Statistics Estonia, the gross domestic product (GDP) of Estonia grew by 4.2% in the third quarter of 2018 compared to the same period of the previous year.
In October, turnover growth of retail trade enterprises in Estonia continued
According to Statistics Estonia, in October 2018, the turnover of retail trade enterprises was 613.9 mln euros. Turnover increased 3% at constant prices compared to October of the previous year.
In October, retail trade turnover in Latvi grew by 2.4%
Calendar adjusted data (at constant prices) of the Central Statistical Bureau (CSB) show that, compared to October 2017, in October 2018 total retail trade turnover rose by 2.4%. Turnover of retail trade in food products increased by 4.3 %, turnover of retail trade in non-food products, except for retail sale of automotive fuel, by 2.4%, while turnover of retail sale of automotive fuel dropped by 1.1%.
"Green Deal” for Europe and the Baltics 
