International Internet Magazine. Baltic States news & analytics
Friday, 21.10.2016, 14:12
Lithuania's state-run companies posted 137.499 mln euros in an aggregate normalized profit (net profit excluding property and commodity taxes payable to the state) in January through September 2016, up by 18.9%, from 115.602 mln euros, from the same period of 2015, reports LETA/BNS.
Keyword tags: Financial Services, Funds, Good for Business, Lithuania, Markets and Companies, Statistics
New sales of Estonian leasing companies in the first nine months of 2016 totaled 840 mln euros, representing an increase of 23.7% against the same period last year, writes LETA/BNS.
Since the Ukraine crisis began, the Baltic countries' orders for new defense equipment have doubled and will double again in the next two years, according to an analysis released by IHS Markit on Thursday writes LETA.
Lithuania plans to spend over 170 mln euros on information and communication technology (ICT) development over the next three years, with a large portion of the money to go toward making various public and administrative services available online, writes LETA/BNS.
The 2016 Pension Sustainability Index compiled by German insurance company Allianz shows the pension system of Latvia as the seventh most sustainable in the world, followed by the pension system of Estonia in eighth place, writes LETA/BNS.
The European Investment Fund (EIF) and Latvian development finance institution Altum have signed an InnovFin SMEG agreement to enhance access to finance to innovative small and medium-sized enterprises (SMEs) and small mid-caps in Latvia, reports LETA.
The state owned Estonian energy generating group Eesti Energia has sold the combined heat and power (CHP) production equipment of the plant it built for the rapeseed oil producer Werol to a buyer based in Russia, reports LETA/BNS.