Date: 06.12.2018.

International Internet Magazine. Baltic States news & analytics Monday, 10.12.2018, 15:27

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The element of surprise has vanished, but growth is still present

The element of surprise has vanished, but growth is still present

06.12.2018

Emotions of surprise stirred by the release of the flash estimate of gross domestic product growth in the third quarter of 2018 have already subsided, but the detailed third quarter data published by the Central Statistical Bureau confirm that Latvia's economy has experienced rapid growth. At the same time, however, the question concerning the sustainability of the factors underpinning this growth remains relevant.

Keyword tags: Analytics, Banks, Direct Speech, EU – Baltic States, Financial Services



Lithuanian and Estonian subsidiaries of Latvia’s Capitalia non-bank lender merged with parent

Lithuanian and Estonian subsidiaries of Latvia’s Capitalia non-bank lender merged with parent

06.12.2018

Capitalia non-bank lender has concluded a reorganization by merging its Lithuanian and Estonian subsidiaries with the Latvian parent company and becoming a European company (societas Europaea) with a head office in Latvia, LETA was told at the company.

Lithuanian parlt ups child benefit to EUR 50

Lithuanian parlt ups child benefit to EUR 50

06.12.2018

The child benefit will go up from 30 to 50 euros from next year in Lithuania, the country's parliament decided on Thursday, informed LETA/BNS.


Estonia: East Capital is no longer shareholder of Baltika

Estonia: East Capital is no longer shareholder of Baltika

06.12.2018

Following a transaction executed on Nov. 30, East Capital Asset Management S.A is no longer a shareholder of Baltika, the listed Estonian garment seller announced on Thursday, referred LETA/BNS.

Nordic business consultancy Miltton buys 95 pct of Estonian PR company JLP

Nordic business consultancy Miltton buys 95 pct of Estonian PR company JLP

06.12.2018

he group of Nordic business consultancies Miltton Group has acquired 95% of the shares in the Estonian communication consultancy JLP, reported LETA/BNS.


06.12.2018

Estonian IT company Net Group to create digital platform for Tanzanian courts

The Estonian business and software development company Net Group is developing a digital platform for courts in Tanzania on commission from the Tanzanian Ministry of Justice, following the implementation of which the work of the Tanzanian judiciary should become more effective and transparent, reported LETA/BNS.

06.12.2018

In October, more tourists stayed in accommodation establishments in Estonia than a year ago

According to Statistics Estonia, in October 2018, domestic and foreign tourists who stayed in accommodation establishments numbered 274,000, which is 1% more than in October 2017. Compared to October of the previous year, the number of domestic tourists increased and the number of foreign tourists decreased.

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