International Internet Magazine. Baltic States news & analytics
Friday, 27.05.2016, 11:26
In the first quarter of the year 2016, the highest office space rental prices in the Baltic countries were in Vilnius and at the same time vacancy was the lowest in the Lithuanian capital, Colliers said in its Baltic property overview, cites LETA/BNS.
Keyword tags: Baltic, Markets and Companies, Real Estate
Google, Swedbank, Facebook and Maxima are currently the most popular brands in the Baltic States, a survey by TNS Emor research agency shows, cites LETA.
In the first four months of the year 2016, compared to the same period last year, the Port of Klaipeda was the only Baltic port to register an increase in cargo turnover and remains the leader amongst the main Baltic ports in cargo turnover, LETA informs.
About one-third of the consumer financing granted in 2015 was issued to people in the age group of 25-34 while youngsters under 24 years of age were most reluctant to take consumer loans from commercial banks, according to the SEB Baltic Household Outlook, cites LETA.
The size of shadow economy contracted to 21.3% of GDP in Latvia last year, but increased in Lithuania and Estonia, according to the latest study on the Baltic States' shadow economies conducted by the Stockholm School of Economics (SSE) Riga, cites LETA.
If P&C Insurance insurance company in Estonia and its subsidiaries in Latvia and Lithuania made EUR 3.1 million in profit in the first quarter of 2016, the company said LETA.
The advertisement market in the Baltic States grew by 3.1% to 270.9 million euros last year, as compared with 2014, shows an analysis conducted by TNS market and media research companies in Lithuania, Latvia and Estonia, cites LETA/BNS.