International Internet Magazine. Baltic States news & analytics
Saturday, 28.02.2015, 15:55
Data compiled by the Central Statistical Bureau (CSB) show that in 2014, compared to 2013, GDP at constant prices grew by 2.4%. Gross domestic product at current prices comprised 24.1 bln euro, in the 4th quarter of 2014 – 6.5 bln euro.
Lithuania's natural gas supply and trading company Litgas has signed one of the first agreements in Lithuania with Latvijas Gaze regarding transit of natural gas through Latvia, thus extending its possibilities of trading natural gas in the Baltic region, the company reports LETA/ELTA.
Latvian residents' preparedness for retirement is the lowest in the Baltic countries, according to a survey carried out by SEB banka and Stockholm School of Economics in Riga, reports LETA.
Consumer optimism in the Baltic countries was slightly higher in the last quarter of 2014 than in the same period of 2013, according to the latest study of consumer mood and habits, carried out by the Nielsen company, cites LETA.
Estonian constructor concern Merko Ehitus announced to the Tallinn Stock Exchange that the audited net profit of the concern grew by 96% in the fourth quarter of 2014 to EUR 4.8 million and for the financial year by 19% to EUR 12.4 million, reports LETA.
The Estonia-registered insurance company If P&C Insurance and its subsidiaries in Latvia and Lithuania earned EUR 17 million in 2014, which is 28.8% more than in 2013, when the company earned EUR 13.2 million, If Apdrosinasana spokeswoman Daiga Bluke informed LETA.
Latvian Energy Efficiency Association will present its concept of Baltic Energy Alliance (BEA) in the conference “Baltic Energy 2015” organized within the framework of Baltic Economic Forum. BEA is seen as a special center for excellence to contribute to the concept of European Energy Union as well as a assisting actively on shaping sustainable energy policies ensuring the diversification and security of energy markets.