International Internet Magazine. Baltic States news & analytics
Thursday, 12.12.2019, 14:22
According to Statistics Estonia, in the 3rd quarter of 2019, enterprises sold goods and services for 16.4 bn euros, which was 5% more than in the same period the year before.
Keyword tags: Analytics, Business, Estonia, Statistics
Development of green energy and new technologies, as well as decarbonisation will remain a priority for the international energy company Ignitis Group. This was promised on Monday by Darius Maikštėnas, company’s CEO and Chairman of the Board, during Nasdaq Stock Market closing bell ceremony in New York.
In 2018, the aggregate turnover of Latvia’s largest enterprises grew 7.2% against a year before to EUR 61.687 bn, while their aggregate profit expanded 34% y-o-y to EUR 4.058 bn, according to the Latvian Business Annual Report compiled by Firmas.lv and LETA.
The number of businesses established by Estonia's e-residents exceeded the 10,000 mark in November, having grown 58% compared to the same month last year
Ideas of a unified “business code” accepted by all the EU entrepreneurs have been discussed for decades. The ideas are becoming more urgent due to an active harmonization of the EU states’ economic activities. The advantages of the “code” are quite apparent though the legal practitioners need a strong political will.
The assessment of the business environment by the chief financial officers (CFOs) of major companies has become more cautious in all the three Baltic countries compared with last year, with the highest confidence indicators seen in Lithuania, a survey taken by SEB indicates.
E-residents paid altogether 10.8 million euros in taxes in Estonia from January to October this year, and for the first time ever the amount of taxes paid by e-residents during a year has crossed the ten million euro mark, Ott Vatter, manager of the Estonian e-residency program, said on LETA/BNS.