International Internet Magazine. Baltic States news & analytics
Saturday, 19.04.2014, 17:29
The Baltic States biggest business class planes maintenance centre opened in Tallinn Airport on Tuesday; the total area of hangars is nearly 5,230 m2 and the investment in the complex totalled nearly 5 million euros, LETA/Postimees Online reports.
Keyword tags: Airport, Baltic, Estonia, Good for Business, Transport
Banking group SEB's pan-Baltic survey of the CFOs of larger enterprises indicates cautious optimism, with Estonian enterprises more conservative in their forecasts than their neighbors to the south, SEB said in a statement. The main concerns for larger Baltic enterprises are the same: demand, labor costs and price of raw materials, writes LETA.
Analysis of processed registrations’ data performed by AV Automotive Research/AutoTyrimai, based on source data gathered from Regitra (Lithuania), CSDD (Latvia) and Maanteeamet (Estonia), shows that new light-vehicle (M1&N1) registrations in the Baltic States grew by 12.9% to 12’822 units in the I quarter 2014, informed BC AutoTyrimai communication.
The cost of the recommended monthly food basket of a 4-member family has insignificantly increased in all Baltic States in a year. The increase has been the highest in Estonia (4.3%) and the lowest in Lithuania (3.2%), while in Latvia it was 4.1%, a study by Swedbank Institute of Private Finances reveals, cites LETA/ELTA.
Maxima Latvija posted EUR 660.3 million in turnover in 2013, which is 4% more than in 2012, as the new Maxima Latvija head Jelena Kondrasova said in an interview with the Nozare.lv business portal, cites LETA.
A Swedbank Baltic research study indicates that after spending their earnings on basic needs – food, rent and transportation fares, nuclear families in Riga have 53% left over to either save or spend on something else. The amount left over totals EUR 660, informs LETA.
The cost of the recommended monthly food basket of a 4-member family has increased in all Baltic States in February 2014 in a year but the increase has been the highest, 4.3% in Estonia, LETA/Postimees Online cites a study by Swedbank Institute of Private Finances.