Date: 24.08.2020.

International Internet Magazine. Baltic States news & analytics Friday, 23.10.2020, 01:57

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Luminor posts H1 net loss of EUR 7.7 mln in Baltics

Luminor posts H1 net loss of EUR 7.7 mln in Baltics

24.08.2020

Luminor, one of the largest banking groups in the Baltic states, reported on Monday a net loss of 7.729 mln euros in the three countries for the first half of 2020, versus a net profit of 33.078 mln euros in the same period last year, writes LETA/BNS.

Keyword tags: Baltic, Banks, Financial Services



Euro Rail Cargo launches freight deliveries from Russia to Latvian ports

Euro Rail Cargo launches freight deliveries from Russia to Latvian ports

24.08.2020

Euro Rail Cargo has started offering rail freight deliveries from Russia to Latvian ports, the company's board chairman Ivars Sormulis informed LETA.

Asymptomatic Covid-19 patients allowed to end self-isolation already on 7th day in Latvia

Asymptomatic Covid-19 patients allowed to end self-isolation already on 7th day in Latvia

24.08.2020

Based on available medical data and other countries' experience, family practitioners will be able to allow asymptomatic Covid-19 patients to end strict self-isolation seven and not 14 days after they are diagnosed with the coronavirus infection, Health Ministry spokeswoman Anna Strapcane informed LETA.


S&P affirms Latvia's A+ rating

S&P affirms Latvia's A+ rating

24.08.2020

The international rating agency S&P Global Ratings has affirmed Latvia's credit rating at A+, with a stable future outlook, LETA was told at the Treasury.

LVM Half-Year Profit Reaches 49.2 Million Euros

LVM Half-Year Profit Reaches 49.2 Million Euros

24.08.2020

The Supervisory Board of JSC “Latvia's State Forests” (LVM) has reviewed the results of the company's work in the first six months of this year; the results show that LVM revenue accounts for 173.7 million euros, whereas profit before taxes – 49.2 million euros. The profit ratio exceeds the previously approved half-year plan by 25.9 million, in turn the revenue exceeds the plan by 15.7 million.


24.08.2020

Lithuania's accommodation industry posts 72% fall in Q2

Lithuania's accommodation establishments saw the total number of tourist stays plunge 72% in the second quarter of 2020 compared with a year ago to 308,200, the latest figures from the country's statistics office, Statistics Lithuania, showed on August 24th, cites LETA/BNS.

24.08.2020

Edelaraudtee, Elron to test train speeds of 140 kmh

Edelaraudtee in collaboration with Elron is about to stage a test on specific sections of the Tallinn-Viljandi rail track where the speed limit for trains is due to be raised to 140 kilometers per hour in the near future, informs LETA/BNS.

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