Baltic

International Internet Magazine. Baltic States news & analytics Monday, 21.09.2020, 22:15

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Ignitis share to cost EUR 22.5 to 28 at IPO

Ignitis share to cost EUR 22.5 to 28 at IPO

21.09.2020

Starting from September 21, Nasdaq Vilnius will run the Lithuanian state-owned energy group Ignitis Group's share auction as a part of its initial public offering (IPO), during which approximately 470.3 to 585.2 mln euros' worth of shares will be listed and the price range of a share is 22.5 to 28 euros.

Keyword tags: Baltic, Energy Market, Exchange, Financial Services, Good for Business, Lithuania



Wholesale electricity prices jump 40% across Baltics in August

Wholesale electricity prices jump 40% across Baltics in August

18.09.2020

Wholesale electricity prices jumped 40 percent on average in the Baltic states in August, mostly affected by restrictions on energy flows, Elektrum Lietuva said LETA/BNS.

Half Latvians use computers that are four years or older

Half Latvians use computers that are four years or older

18.09.2020

In Latvia, 51% of the surveyed population use computers that are more than four years old, writes LETA, according to a survey conducted by the Chinese electronics manufacturer Huawei in the Baltic States.


Number of transactions in secondary housing market dropped considerably in Baltics in Q2

Number of transactions in secondary housing market dropped considerably in Baltics in Q2

17.09.2020

There was a drop in the number of transactions in the secondary housing market in the Baltic states in the second quarter of 2020, resulting in new apartments gaining a bigger market share, said Swedbank, resulting data from the latest Baltic Housing Affordability Index, informs LETA.

Baltics must invest to ensure economic resilience isn't short-lived

Baltics must invest to ensure economic resilience isn't short-lived

17.09.2020

With the Baltic economies weathering the coronavirus pandemic much better than other EU members, the countries have to focus on further investment so that their economic resilience is not short-lived, Swedbank Latvia's chief economist Liva Zorgenfreija said, cites LETA/BNS.


16.09.2020

Omniva sees share of parcel business grow to nearly 50% total revenue in H1

The six-month turnover of the Baltic parcel business of Estonian postal services company Omniva formed a record 49%% of the group's turnover in the first six months of 2020, 12 percentage points more than during the same period last year, writes LETA/BNS.

15.09.2020

Luminor: Lithuania's 2020 GDP will grow by 0.2%, Latvia’s and Estonia’s will reduce

Luminor improved on Tuesday its Lithuanian economic forecast for 2020 to 0.2% growth, from the 2.5% contraction projected in March. The bank expects the economy to expand by 4.4% next year and by another 4.2% in 2022, reporta LETA/BNS.

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