International Internet Magazine. Baltic States news & analytics
Saturday, 21.01.2017, 19:24
Northern Horizon Capital AS (the Management Company) as the management company of Baltic Horizon Fund (the Fund) has declared a cash distribution to its unitholders which implies a 2% yield on the Fund’s 2016 Q4 weighted average NAV, Baltic Horizon Fund representative announced BC.
Keyword tags: Baltic, Financial Services, Funds
The spending of Lithuanian households on essential goods remains the lowest in the Baltic states, however, is rapidly catching up with Latvia, shows an index of household spending published by the research company Baltic Market Insights (Baltmi). According to the survey, Lithuanians spend an average of nearly 2 euros more than Latvians during a single visit to the store, however, are still behind Estonia, reports LETA/BNS.
Tele2 partners up with Vodafone to provide services to corporate clients in Latvia, Lithuania, Sweden18.01.2017
Swedish telecommunications operator Tele2 and British mobile operator Vodafone have concluded a partnership agreement to provide services to global and multinational companies in Latvia, Lithuania and Sweden, Tele2 representatives told BC.
Residents of Lithuania are happier than Latvians and Estonians, however, all in all, people of all three Baltic states are not as happy as the world population, shows a World Barometer published by Win/Gallup International and Baltic Market Insights, writes LETA/BNS.
Lithuania is ahead of the other two Baltic states on the 2017 Bloomberg Innovation Index of the world's most innovative economies, reports LETA/BNS.
Transit operator Transiidikeskus AS which operates at Estonia's main merchant port of Muuga is waiting for the Rail Baltic European-gauge railway because in the next few years trade to Russia will definitely not recover and there would be enough goods to carry on the railway, the daily Eesti Paevaleht reports noted LETA/BNS.
Prices in the Lithuanian electricity market remained almost unchanged last week from the previous week thanks to increased wind power output and Swedish electricity imports, Litgrid said LETA/BNS on Monday.