Date: 12.10.2020.

International Internet Magazine. Baltic States news & analytics Monday, 26.10.2020, 12:23

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Ziemelis' company buys Siemens, Cido arenas, ticket seller Tiketa

Ziemelis' company buys Siemens, Cido arenas, ticket seller Tiketa

12.10.2020

Gediminas Ziemelis, a shareholder and board chairman of the aviation business group Avia Solutions Group, is acquiring the companies operating the Siemens arena in Vilnius and Cido arena in Panevezys as well as ticket selling company Tiketa, informs LETA/BNS.

Keyword tags: Investments, Lithuania, Markets and Companies, Mergers and take-overs, Real Estate, Transport



Latvenergo subsidiaries launch construction of wind parks in Lithuania and Estonia

Latvenergo subsidiaries launch construction of wind parks in Lithuania and Estonia

12.10.2020

Latvenergo subsidiaries Elektrum Lietuva and Elektrum Eesti have launched construction of new solar farms in Klaipeda County, Lithuania, and Marjamaa Parish, Estonia, which both will have over 5,000 solar panels, as Latvenergo representative Ivita Bidere told LETA.

In August foreign trade turnover of Latvia was 4.3% less than a year ago

In August foreign trade turnover of Latvia was 4.3% less than a year ago

12.10.2020

Provisional data of the Central Statistical Bureau show that in August 2020 the foreign trade turnover of Latvia amounted to EUR 2.31 bn, which at current prices was 4.3% less than a year ago, of which the exports value of goods dropped by 3.7 %, but imports value of goods – by 4.8%. In August Latvia exported goods in the amount of EUR 1.07 bn, but imported – in the amount of EUR 1.23 bn. Compared to August 2019, foreign trade balance has improved slightly as exports in total foreign trade amount increased from 46.3% to 46.6%.


Latvia: The volume of pesticides used on strawberry areas in 2019 was by 86% lower than 5 years ago

Latvia: The volume of pesticides used on strawberry areas in 2019 was by 86% lower than 5 years ago

12.10.2020

Provisional data on use of pesticides per one hectare on areas of fruit trees and berry bushes for harvest in 2019, compiled by the Central Statistical Bureau (CSB), show that the volume of pesticides recalculated in active substances1 has decreased.

Tallink to open two new Burger King restaurants in Riga

Tallink to open two new Burger King restaurants in Riga

12.10.2020

Estonia's Tallink Grupp has concluded agreements to open two more Burger King restaurants in Riga, the group's representatives informed LETA.


12.10.2020

Apartment prices in Soviet-era houses in Riga down 1.7% in January-September

Apartment prices in Soviet-era standard design houses in Riga continued to drop in September 2020, with the average price declining 0.2% from August and sliding 1.7% from the beginning of the year, Arco Real Estate said in its latest report on the market of standard-design apartments, cites LETA.

12.10.2020

Estonia's registered unemployment up 0.5% in September

The number of registered unemployed in Estonia was 49,093 at the end of September 2020, 0.5% higher than the month before, making up 7.6% of the total number of workforce from age 16 to retirement age, informs LETA/BNS.

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