International Internet Magazine. Baltic States news & analytics
Wednesday, 17.09.2014, 12:33
Baltic PR Awards, the leading annual communication management forum in Northern Europe to be held on November 14, 2014 is open for application. Participants are invited to submit the entries to the contest by October 17; however, those who choose to apply before September 26 will be eligible to a substantially reduced submission fee, informed BC Ieva Stūre from Latvian Public Relations Consultancies’ Association.
Keyword tags: Baltic, Forum, Latvia, Markets and Companies, PR
The Baltic Housing Affordability Index from Swedbank shows that The housing affordability index (HAI) decreased to 148.5 in Tallinn, 118.1 in Vilnius and 157.4 in Riga.
In order to increase the efficiency of its production process, Finnish bakery Fazer plans to invest EUR 5 million into its subsidiary in Latvia by establishing a new plant in Ogre. At the same time, the Group plans to implement various changes in its production process in the entire Baltic region by moving its production facilities from Tallinn to Latvia and Lithuania, Managing Director at Fazer Bakery Baltic Petri Kujala informed the business portal Nozare.lv, cites LETA.
The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) announces that as of 1 September 2014, the sub-funds Rietumu Asset Management Cash Reserve Fund-USD (ticker: RAMCRUFR) and Rietumu Asset Management Cash Reserve Fund-EUR (ticker: RAMCREFR) managed by AS Rietumu Asset Management IPS will be listed on the Baltic Fund List by NASDAQ OMX Riga, informs LETA.
A pan-Baltic study carried out by SEB indicates that more than half of people planning to buy cars in Latvia and Lithuania do not intend to spend more than 5,000 euros, writes LETA/Postimees Online.
According to a new economic outlook for the Nordic countries and Estonia compiled by SEB, Estonia’s GDP will grow by 0.5% in 2014, writes LETA/Postimees Online. Swedbank downgraded the growth outlook to 0.8%.
Insurance company Ergo has increased its amount of premiums, profit and market share in the Baltic States in the first half of 2014, reports LETA.