Baltic

International Internet Magazine. Baltic States news & analytics Sunday, 21.10.2018, 02:51

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EBRD to buy EUR 150 mln worth of Luminor bonds

EBRD to buy EUR 150 mln worth of Luminor bonds

18.10.2018

The European Bank for Reconstruction and Development (EBRD) is to invest up to 150 million euros in a series of senior bonds issued by Luminor Estonia under its European Medium Term Note (EMTN) program in order to support the bank in its efforts to become a self-funded and independent pan-Baltic financial institution, informed LETA/BNS.

Keyword tags: Baltic, Banks, EU – Baltic States, Financial Services



EU farm ministers raise Baltic fish quotas, angering environmentalists

EU farm ministers raise Baltic fish quotas, angering environmentalists

18.10.2018

European Union ministers agreed on Monday (15 October) to sharply boost catch quotas for western Baltic cod as part of new fishing regulations for next year that angered environmentalists.

Latvia ranks 42nd, Lithuania -- 40th and Estonia -- 32nd in World Economic Forum’s Global Competitiveness Index

Latvia ranks 42nd, Lithuania -- 40th and Estonia -- 32nd in World Economic Forum’s Global Competitiveness Index

17.10.2018

Latvia ranks 42nd in the World Economic Forum’s (WEF) Global Competitiveness Index, still lagging behind Lithuania and Estonia, according to the latest WEF Global Competitiveness Report.


Apranga CEO notes trend toward fewer, but larger clothes stores

Apranga CEO notes trend toward fewer, but larger clothes stores

17.10.2018

Major clothing retailers tend to reduce their total store numbers, replacing smaller stores with larger ones located mostly in well-known shopping centers, the chief executive officer of the Baltics' biggest clothing retail group Apranga said on Wednesday citing LETA/BNS.

Estonian, Latvian and Finnish TSOs continue discussions about harmonizing the regional gas markets

Estonian, Latvian and Finnish TSOs continue discussions about harmonizing the regional gas markets

12.10.2018

The transmission system operators (TSOs) in Estonia, Latvia and Finland - Elering, Conexus Baltic Grid, Gasum and Baltic Connector – have signed a Memorandum of Understanding on the matters to be solved, if the countries decide to harmonize the regional gas markets in the future.


12.10.2018

New light-vehicle registrations in the Baltic States grew by 12% in 3Q 2018

Analysis of fully-processed registrations’ data performed by AV Automotive Research / AutoTyrimai, based on source data obtained from Regitra (Lithuania), CSDD (Latvia) and Maanteeamet (Estonia), show that new light-vehicle (M1&N1) registrations in the Baltic States grew by 12.2% to 21’503 units in III quarter 2018, BC learned from AutoTyrimai.

11.10.2018

Baltics apply for EU funding for power grid synchronization

The Baltic power transmission system operators on Wednesday submitted an application to the European Commission for EU funding for the first stage of the synchronization of the Baltic power grids with the continental European system, reported LETA/BNS.

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