Date: 11.10.2019.

International Internet Magazine. Baltic States news & analytics Friday, 13.12.2019, 16:36

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Estonia: Corporate debt is growing more slowly than the economy is

Estonia: Corporate debt is growing more slowly than the economy is

11.10.2019

The financial account statistics published by Eesti Pank today show that the growth in the debt of Estonian companies has accelerated a little this year. Companies invested more in the first half of 2019 than they did in previous years, and so they borrowed more to fund the investment. Even so, the growth of 4% in corporate debt over the year in the second quarter was notably less than the nominal growth in the economy.

Keyword tags: Analytics, Banks, Direct Speech, Estonia, Financial Services



Latvian ports' cargo turnover down 3% in nine months

Latvian ports' cargo turnover down 3% in nine months

11.10.2019

Latvian ports' cargo turnover in January-September this year amounted to 47.249 mln tons, which is 3% less than in the first half of 2018, according to the Transport Ministry's data.

Rail freight in Latvia down 12.4% in nine months

Rail freight in Latvia down 12.4% in nine months

11.10.2019

Freight transportation using the Latvian railway infrastructure amounted to 31.645 mln tons in the first nine months of this year, down 12.4% from the same period in 2018, the data of the Transport Ministry shows.


About 50 employees of Stockmann department store catch stomach infection

About 50 employees of Stockmann department store catch stomach infection

11.10.2019

About 50 employees of Stockmann department store in Riga catered by Baltic Restaurants Latvia during the Crazy Days campaign caught a stomach infection, the Food and Veterinary Service (PVD) confirmed, informed LETA/BNS.

Lithuania: Court imposed sanctions on managers of cartelists

Lithuania: Court imposed sanctions on managers of cartelists

11.10.2019

Vilnius Regional Administrative Court (Court) partially upheld the request of Konkurencijos taryba and restricted the right of D. L., manager of the company Ledevila, Ž. K., former manager of Elmis, and L. K., former manager of Vortex Capital, to occupy managerial positions in the public or private sector for their involvement in competition law breaches, the Lithuanian Competition Council`s representatives informed BC.


11.10.2019

Russian embassy in Riga reports on hacker attack on its e-mail system

The Russian embassy in Latvia reported its e-mail system had been attacked today, reported LETA/BNS.

11.10.2019

Gas consumption in Lithuania has grown by 10%,

According to the Lithuania’s gas transmission system operator Amber Grid, within three quarters of 2019, gas consumption in Lithuania has increased by 10%, and under favorable conditions in the international gas market, gas transmission to the neighboring Baltic States has almost doubled, the Amber Grid`s head of communication Laura Sebekiene informed BC.

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