International Internet Magazine. Baltic States news & analytics
Tuesday, 02.09.2014, 07:15
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.
Keyword tags: Baltic, Banks, Financial Services, Investments, Latvia
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.
Estonian real estate developer Pro Kapital informed the Tallinn stock exchange its total revenue for the first six months of this year was 5.9 mln EUR, a decrease of 10% compared to the reference period while the loss grew, informs LETA.
On the occasion of the 25th anniversary of the Baltic Chain, the three countries – Estonia, Latvia, and Lithuania – are going to release a joint souvenir sheet. The souvenir sheet 25th Anniversary of the Baltic Chain will be put into circulation this Saturday, August 23, informed BC Lithuanian Post.
Wholesale tire distributor Bridgestone Baltics reduced its turnover and profit last year, reports LETA/Nozare.lv, referring to information provided by Firmas.lv.