International Internet Magazine. Baltic States news & analytics
Thursday, 12.12.2019, 14:24
Lithuania at the forefront of fintech regulation
29.03.2019Marius Jurgilas, Member of the Board of the Bank of Lithuania, met with experts from the International Monetary Fund (IMF) and the World Bank, sharing Lithuania’s experience in creating a fintech-conducive regulatory environment, which falls in line with international best practices, informed Bank of Lithuania.
Keyword tags: Analytics, Banks, Financial Services, Lithuania, Technology
Trading with Olainfarm shares suspended due to disagreements among shareholders
29.03.2019Nasdaq Riga stock exchange has suspended trading with shares in Olainfarm pharmaceutical company due to disagreements among shareholders, the Riga bourse reported,
Danish company to start trout farming in Lithuania's Klaipeda
29.03.2019Danish company Hjarno Havbrug plans to launch a trout farming business on the Baltic coast near the port of Klaipeda and hire 65 people, reported LETA/BNS.
Prices of coniferous round timber in Latvia rose and of deciduous fell
29.03.2019Latest data of the Central Statistical Bureau (CSB) show that, in the 2nd half of 2018, compared to the 1st half of 2018, the average purchase prices of coniferous round timber increased, while that of deciduous trees fell. The highest rise was recorded in the prices of pine round timber in diameter under 14 cm and asp sawlogs in diameter 18–24 cm, while the most notable decline was observed in the prices of birch sawlogs in diameter over 24 cm.
Financial watchdog calls on Olainfarm to respect rights of shareholders
29.03.2019The Finance and Capital Market Commission (FKTK) has called on Olainfarm pharmaceutical company to respect the rights of shareholders to convene meetings, the commission’s representative Ieva Upleja said LETA/BNS.
Distribution of Rigvir anti-cancer medicine suspended
The State Agency of Medicines (ZVA) has decided to suspend distribution of Rigvir anti-cancer medicine, while the National Health Service has made the decision to delete it from the list of state-funded medicines, reported LETA.
In February, retail trade turnover in Latvia increased by 5.9%
Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) show that, compared to February 2018, in February 2019 total retail trade turnover rose by 5.9 %. Turnover of retail trade in food products grew by 3.4 %. Turnover of retail trade in non-food products (except for retail sale of automotive fuel) increased by 11.3%, but turnover of retail sale of automotive fuel – reduced by 1.9%.
"Green Deal” for Europe and the Baltics 
