Date: 02.12.2020.

International Internet Magazine. Baltic States news & analytics Saturday, 16.01.2021, 17:48

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ICT sector accounted for 4.6% of Latvia's GDP in 2019

ICT sector accounted for 4.6% of Latvia's GDP in 2019

02.12.2020

Last year, the information and communication technology (ICT) sector accounted for 4.6 percent of Latvia's GDP, Signe Balina, president of the Latvian Information and Communication Technology Association (LIKTA), said at the association's conference DIGI->FIT 2020, cites LETA.

Keyword tags: Economics, EU – Baltic States, Financial Services, Internet, Latvia, Technology



Latvian company may face prosecution for giving EUR 2.26 million bribe to Belarusian official

Latvian company may face prosecution for giving EUR 2.26 million bribe to Belarusian official

02.12.2020

The Corruption Prevention Bureau (KNAB) has asked the Prosecutor General's Office to prosecute a Latvian-registered company for giving a multi-million bribe to a Belarusian state official and tax evasion, informs LETA.

Estonia: Avg price of Tallinn apartments up 2.6% on year in November

Estonia: Avg price of Tallinn apartments up 2.6% on year in November

02.12.2020

The average price per square meter of Tallinn apartments grew 2.6% on year to 2,121.81 euros in November,writes LETA/BNS.


Estonian company acquires largest data center in Baltics

Estonian company acquires largest data center in Baltics

02.12.2020

The Estonian company Greenergy Data Centers has involved the Three Seas Initiative Investment Fund (3SIIF), an investment fund established within the framework of the Three Seas Initiative, as an investor and acquired MCF, the largest data center in the Baltics being established near Tallinn, writes LETA/BNS.

Saeima in Latvia adopts budget 2021

Saeima in Latvia adopts budget 2021

02.12.2020

Saeima in Latvia today in the final reading adopted the 2021 government budget, providing that expenditure will be at EUR 10.758 billion and revenue at EUR 9.579 billion, reports LETA.


02.12.2020

Estonia's Summus Capital, Ivar Vendelin buy Riga Plaza

Estonian company Summus Capital and investor Ivar Vendelin have become the new owners of the Riga Plaza shopping and entertainment center, representatives of the transaction's consultant Zenith Family Office informed LETA.

02.12.2020

NordBalt power link offline due to failure in Sweden

The NordBalt power interconnection between Lithuania and Sweden went offline in the early hours of Wednesday due to a failure on the Swedish side, Lithuania's electricity transmission system operator said LETA/BNS.

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