Date: 20.02.2019.

International Internet Magazine. Baltic States news & analytics Monday, 25.03.2019, 12:21

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Liepaja company iCotton invests EUR 5.7 mln in construction of new production facility

Liepaja company iCotton invests EUR 5.7 mln in construction of new production facility

20.02.2019

Liepaja hygiene products maker iCotton is investing EUR 5.79 mln, received from BlueOrange Bank and the Central Finance and Contracting Agency, in construction of a new production facility and new equipment, informed LETA.

Keyword tags: Good for Business, Industry, Investments, Latvia, Markets and Companies



Lietuvos Draudimas, Swedbank Life Insurance lead Lithuanian insurance market

Lietuvos Draudimas, Swedbank Life Insurance lead Lithuanian insurance market

20.02.2019

Lietuvos Draudimas, owned by the Polish PZU group, retained the leading position in the non-life insurance market in Lithuania last year, and Swedbank Life Insurance's Lithuanian branch was the leader of the life insurance market, the latest figures from the central Bank of Lithuania show, reported LETA/BNS.

Latvian cosmetics exports up 18% in 2018

Latvian cosmetics exports up 18% in 2018

20.02.2019

Latvian cosmetics companies last year exported EUR 106 mln worth of products, which is an increase of 18% against 2017, the Latvian Cosmetics Producers Association informed LETA, citing the Central Statistical Bureau’s data.


Architects from all over the world invited to Vilnius to design National Concert Hall

Architects from all over the world invited to Vilnius to design National Concert Hall

20.02.2019

An international architectural idea competition for the National Concert Hall has been launched. Architects from all over the world are invited to design one of the most important future spaces in the capital city of Lithuania and to submit their proposals to Vilnius City Municipality.

Karins declares "complete overhaul" of financial sector

Karins declares "complete overhaul" of financial sector

20.02.2019

Prime Minister Krisjanis Karins (New Unity) on Wednesday signed three decrees on reforming the financial sector's supervisory system, reported LETA.


20.02.2019

Non-competitive bids auction in Latvia sells EUR 8 mln worth of 5-year government bonds

A non-competitive bids fixed-price auction on Wednesday sold EUR 8 mln worth of the five-year government bonds, the Nasdaq Riga stock exchange reported.

20.02.2019

Mexican cement producer Cemex sells its Baltic and Nordic assets to Germany’s Schwenk

The Mexican cement producer Cemex, S.A.B. de C.V. (Cemex) announced on Wednesday it was selling its assets in the Baltic and Nordic countries to the German construction materials maker Schwenk for EUR 340 mln, Cemex representatives informed LETA.

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