Date: 06.02.2019.

International Internet Magazine. Baltic States news & analytics Saturday, 20.04.2019, 09:45

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Vilnius adopts 2019 budget

Vilnius adopts 2019 budget

06.02.2019

The City Council of Vilnius adopted on Wednesday the Lithuanian capital's budget for 2019, with expenditure exceeding revenue by 5 mln euros, reported LETA/BNS.

Keyword tags: Budget, Financial Services, Lithuania



Manufacturing sector expects tighter competition in export markets

Manufacturing sector expects tighter competition in export markets

06.02.2019

In the first half of 2018, weak capacity on the supply side, i.e. insufficient investment and labour shortage, was the main obstacle to manufacturing growth constraining the production output. With higher uncertainty in external markets in the second half of 2018, the economic growth moderated in several euro area countries giving reason to expect tighter competition in those export markets.

Freight carried by rail, via ports increased in Estonia in 2018

Freight carried by rail, via ports increased in Estonia in 2018

06.02.2019

Estonian ports handled 35.9 mln tons of cargoes in 2018, marking a 3% increase compared to the previous year, while freight shipment by rail increased 2% on year to 27.8 mln tons, Statistics Estonia said.


Port of Tallinn IPO was awarded the Best IPO Award by East Capital

Port of Tallinn IPO was awarded the Best IPO Award by East Capital

06.02.2019

East Capital, a specialist asset manager in emerging and frontier markets, awarded Port of Tallinn with the best IPO award of the year. For the 15th consecutive year, East Capital recognizes the most outstanding and inspiring companies in their portfolio who have achieved impressive results.

56% of Latvian residents sort their waste - survey

56% of Latvian residents sort their waste - survey

06.02.2019

56% of Latvian resident sort and recycle their waste, according to a survey commissioned by the waste management company Eco Baltia Grupa.


06.02.2019

Lithuania's Maxima Grupe set to invest EUR 600 mln in expansion by 2025

Maxima Grupe (Maxima Group), the largest retail group in the Baltics, plans to invest at least 600 million euros in reinforcing and expanding its chain and expansion over seven years, according to its new operating strategy to 2025, Maxima Grupe CEO Dalius Misiunas said in a press release.

06.02.2019

Money screening methodology for ABLV Bank's liquidation to be ready in 2 weeks - Karins

A money screening methodology for the wind-up of Latvia’s ABLV Bank will be in place in two weeks’ time, Prime Minister Krisjanis Karins (New Unity) told journalists following a meeting of the Financial Sector’s Development Counci, reported LETA.

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