International Internet Magazine. Baltic States news & analytics
Tuesday, 01.12.2015, 18:27
According to Statistics Estonia, in October 2015 compared to October of the previous year, the retail sales of goods of retail trade enterprises increased 8% at constant prices.
Keyword tags: Analytics, Estonia, Good for Business, Markets and Companies, Retail
Statistics Lithuania informs that, based on provisional data, in October 2015, the turnover (VAT excluded) of enterprises engaged in wholesale and retail trade and repair of motor vehicles and motorcycles amounted to EUR 232.1 million and, against September 2015, increased by 3.6% at constant prices (seasonally and working day adjusted – decreased by 1.1%).
Revenue of the lingerie maker Silvano Fashion Group in the first nine months of 2015 dropped 40.5% year over year to 51.9 million euros and net profit for the period contracted 6.2% to 7.9 million euros, informs LETA/BNS.
Data of the Central Statistical Bureau of Latvia (CSB) show that, compared to September, the total retail trade turnover in October 2015 rose by 1.4%, according to seasonally adjusted data at constant prices. Retail trade in food products grew by 1.0%, and turnover of non-food products – by 1.7%.
Statistics Lithuania informs that, based on provisional data, in October 2015, the turnover (VAT excluded) of retail trade enterprises* amounted to EUR 779.6 million; against September 2015, it increased by 2.9% at constant prices (seasonally and working day adjusted – increased by 0.6%).
The Finnish retail group Stockmann has announced it is about to exit the department store business in Russia and sell its department stores there to the Russian franchisee Reviva with the aim of focusing on retail trade in Finland and the Baltic states, informs LETA/BNS.
The international rating agency Fitch said on Friday that the Estonian government sector's surplus in 2014 totaled 0.7% and debt burden 10.4% of the gross domestic product, and the latter is estimated to drop to 9.2% by 2017, reports LETA/BNS.