International Internet Magazine. Baltic States news & analytics
Friday, 31.10.2014, 14:48
Estonian domestic electricity consumption grew by 6% to 606 GWh in September, LETA/Public Broadcasting cite Elering.
On 23rd of October, 2014 in Riga, Corporate Social Responsibility Platform of Latvia (CSR Latvia), Responsible Business Forum in Estonia (CSR Estonia) and Responsible Business Association in Lithuania – LAVA (CSR Lithuania – LAVA) signed the Memorandum of Understanding (MOU) that intends to strengthen Baltic level cooperation between parties for CSR recognition as business and societies value, informed CSR Latvia.
The profit of joint-stock Swedbank in Latvia for the nine month period 2014 amounted to EUR 88 million compared to a profit of EUR 81 million for the nine month period of 2013. Swedbank Lithuania's profit for the first nine months 2014 was 3% up year-on-year and amounted to LTL 291 million (EUR 84.347 million) and Swedbank’s Estonian subsidiary earned a total of 119.4 million euros in nine-month profits this year, informs LETA.
Cargo turnover at the Baltic countries' ports increased by 1.1% in the first nine months of 2014, amounting to 106.78 million tons, as compared to the respective period of 2013, according to information provided by portal "RZD Partner", cites LETA/Nozare.lv.
In order to consolidate business management in the Baltics, a decision was made to establish a new holding company – Amber Beverage Group – that would unify the international alcoholic beverage company SPI Group companies, including Latvijas Balzams, the company's spokeswoman Dana Hasana informed the business portal Nozare.lv, cites LETA.
The investment banking and financial advisory company Prudentia and stock exchange Nasdaq Riga presented a list of ten most valuable Baltic companies today, reports LETA.
In September 2014, apartment prices dropped the most in Tallinn, by 4.1%. In Vilnius they decreased marginally, by 0.2%. Meanwhile, in Riga apartment prices remained without changes compared to the previous month, informs LETA/ELTA.