Date: 09.06.2020.

International Internet Magazine. Baltic States news & analytics Thursday, 03.12.2020, 11:47

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In April, foreign trade turnover of Latvia fell by 21.4% y-o-y

In April, foreign trade turnover of Latvia fell by 21.4% y-o-y

09.06.2020

Provisional data of the Central Statistical Bureau show that in April 2020, due to epidemiological crisis caused by Covid-19, the foreign trade turnover of Latvia amounted to EUR 1.92 billion, which at current prices was 21.4% less than a year ago, of which the exports value of goods dropped by 13.9%, but imports value of goods – by 27.4%.

Keyword tags: Analytics, Baltic Export, Baltic States – CIS, Covid-19, Foreign trade , Latvia



Public catering companies in Latvia will have to ensure at least four m2 per visitor

Public catering companies in Latvia will have to ensure at least four m2 per visitor

09.06.2020

Public catering companies will have to ensure at lest four square meters (m2) per visitor, LETA learned from the Economics Ministry.

Lithuania's LG Cargo, partners to increase freight volumes in Europe

Lithuania's LG Cargo, partners to increase freight volumes in Europe

09.06.2020

LG Cargo, a freight transportation company that is part of Lietuvos Gelezinkeliai (Lithuanian Railways), Lithuania's state-owned railway group, has teamed up with Forwardis, a freight forwarder that is part of the French group SNCF Logistics, and will seek to increase freight transportation volumes in Europe, reported LETA/BNS.


Estonia: Insurance businesses of Seesam, Compensa to merge

Estonia: Insurance businesses of Seesam, Compensa to merge

09.06.2020

The insurers Seesam and Compensa belonging to Vienna Insurance Group (VIG) are merging, and as part of the merger all the assets, rights and liabilities belonging to Seesam will transfer to Compensa, informed LETA/BNS.

Finland's Fortum obtaining all shares in Tartu, Estonia based subsidiary

Finland's Fortum obtaining all shares in Tartu, Estonia based subsidiary

09.06.2020

Fortum Heat Estonia Oy, subsidiary of the Finnish state-owned energy group Fortum, is acquiring all shares in the district heating company AS Fortum Tartu operating in the area of the South Estonian city of Tartu. reported LETA/BNS.


09.06.2020

Latvia's export and import see biggest drop in past ten years - Swedbank

In April this year, Latvia's export and import saw the biggest drop since late 2009, said Swedbank's chief economist Agnese Buceniece.

09.06.2020

Latvia: Transport minister's permission will not be necessary for international passenger transportation

Starting from June 10, transport minister's permission will not be necessary for international passenger transportation, the ministry reported.

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