International Internet Magazine. Baltic States news & analytics
Wednesday, 30.07.2014, 22:14
In Latvia in June retail trade experienced annual increase of 2.8%
30.07.2014Data of Central Statistical Bureau show that, compared to May, the total retail trade turnover in June 2014 dropped by 0.4%, according to seasonally adjusted data at constant prices. Retail trade in food products reduced by 1.8%, whereas of non-food products - rose by 0.4%.
Keyword tags: Analytics, Financial Services, Latvia
Lithuania's GDP up 3% in Q2
30.07.2014Statistics Lithuania informs that in the second quarter 2014 country's gross domestic product (GDP), estimated based on available statistical data and econometric models, amounted to LTL 31316 million (EUR 9069.8 million) at current prices. Compared to the same period of 2013, the real GDP change, seasonally and working day adjusted, stood at 3.0% (working days unadjusted, GDP grew by 3.1%), informs LETA.
Profit of Lithuanian Co Grigiskes Group grew two time in H1
30.07.2014During the first half of 2014, the Group consisting of GRIGISKES AB, Baltwood UAB, Klaipedos Kartonas AB, Mena Pak PAT, and Klaipeda Recycling UAB achieved consolidate sales turnover of LTL 175.3 million (EUR 50.8 million). That is LTL 19 million (EUR 5.5 million) or 12.1% more than during the first half of 2013, says company GRIGISKES in a statement, informs ELTA/LETA.
"GlaxoSmithKline Latvia" achieved EUR 17.17 million in turnover last year
30.07.2014The pharmaceutical company ''GlaxoSmithKline Latvia Ltd.'' (GSK) achieved EUR 17.17 million in turnover last year, informs LETA reffering to ''Firmas.lv''.
Modernizing transport: European priority
30.07.2014The European Commission selected a total of 106 projects that will benefit from over €320 million in EU support for improving transport infrastructure across Europe. The funding will support projects announced by the Commission in 2013 and is effective through “Trans-European transport network (TEN-T) Program”; since January 2014 – the Innovation and Networks Executive Agency (INEA).
EUR 275.9 million surplus in state budget at the end of H1
A surplus of EUR 275.9 million was run up in the consolidated total budget in the first six months of the year, informs LETA reffering to the Finance Ministry.
Turnover of Lithuanian retail trade enterprises down by 3 % in June
Statistics Lithuania informs that, based on provisional data, in June 2014, the turnover (VAT excluded) of retail trade enterprises amounted to LTL 2508.7 million (EUR 726.6 million); against May, it decreased by 3 %at constant prices (seasonally adjusted - decreased by 0.4%), informs ELTA/LETA.
Estonian power station in Narva in Europe’s Dirty 30
Climate Action Network or CAN Europe published "Europe's Dirty 30" report, which ranked 30 European energy plants that pollute the environment the most, informs LETA reffering to Postimees Online.
In June turnover of wholesale, retail trade of motor vehicles enterprises in Lithuania on decrease
Statistics Lithuania informs that, based on provisional data, in June 2014, the turnover (VAT excluded) of enterprises engaged in wholesale and retail trade and repair of motor vehicles and motorcycles amounted to LTL 629.4 million (EUR 182.3 million) and, against May, decreased by 5.4 percent at constant prices, informs ELTA/LETA.
Small increase in number of tourists visiting Latvia observed in Q1
The number of foreign travelers to Latvia has increased steeply in the first quarter this year, which is mostly thanks to the authorities' measures aimed at fostering tourism to Latvia, informs NOZARE.LV/LETA reffering to the State Tourism Development Agency's tourism market expert Lelde Benke.
The use of internet banking and ATMs in Estonia has increased
The use of internet banking and ATMs in Estonia has increased in recent years, Estonian central bank Eesti Pank said in its fresh statistics on payment and settlement systems, informs LETA.
"Aldaris" reduces losses by 33%
Beer brewery "Aldaris" has maintained a steady turnover in 2013, whereas the company's losses reduced by 33 percent, the company also paid EUR 3 million in compensation to employees last year, informs NOZARE.LV/LETA.
Financial support for the European SMEs: first round announced
SME’s business plans can be financed from EU support and mature into real products and services, generating growth and jobs for member states’ economies. In the first round there are 155 SMEs selected from 21 member states (out of over 2,6 thousand applications); one from Latvia and 2 from Estonia. They will each receive €50,000 to finance feasibility studies. These are EU’s efforts of creating “champions of innovation” in the EU.
Norway registers highest HDI; Latvia 48th - United Nations
The highest Human Development Index (HDI) has been registered in Norway, while the lowest - in several African countries, according to the United Nations Development Program's Human Development Report, informs LETA.
Number of money orders tripled - Lithuania Post
According to Lithuania Post's estimations, the number of domestic money orders has tripled in the course of six months of the current year if compared with the same period of 2013, says the company in a statement, informs ELTA/LETA.
Baltics’ people attitude towards EU
