EU – Baltic States

International Internet Magazine. Baltic States news & analytics Thursday, 29.10.2020, 12:48

1 ..2 ..3 ..4 ..5 ..6 ..7 ..8 ..9 ..10 ..11 [>][>>>]
Novaturas posts Q1-3 net loss of EUR 3.7 mln

Novaturas posts Q1-3 net loss of EUR 3.7 mln

29.10.2020

Novaturas, a leading Lithuanian tour operator, has reported a net loss of 3.7 million euros for the three quarters of 2020 as the COVID-19 pandemic sent revenue plunging to 30.5 million euros, informs LETA/BNS.

Keyword tags: Covid-19, EU – Baltic States, Lithuania, Tourism, Transport



Turnover of Liepkalni bakery up 10.5% in 2019

Turnover of Liepkalni bakery up 10.5% in 2019

29.10.2020

Turnover of Liepkalni bakery last year increased by 10.5%, reaching EUR 8.955 million, while the company's profit increased almost twice to EUR 542,676, writes LETA, according to Firmas.lv business database.

Investments by Estonian food sector didn't top despite crisis

Investments by Estonian food sector didn't top despite crisis

29.10.2020

While investments in the Estonian food industry did not come to a halt in the first six months of this year, the crisis may have an impact on the decisions to be made in the future, the manager of the Estonian Food Industry Association, Sirje Potisepp, says, cites LETA/BNS.


EU seeking to increase member states' minimum wages

EU seeking to increase member states' minimum wages

29.10.2020

The European Commission on Wednesday proposed an EU directive to ensure that the workers in the EU are protected by adequate minimum wages allowing for a decent living wherever they work, informs LETA/BNS.

Shareholders decide to sell controlling stake in Valmieras Stikla Skiedra to Luxembourg's investment fund

Shareholders decide to sell controlling stake in Valmieras Stikla Skiedra to Luxembourg's investment fund

28.10.2020

Shareholders have decided to sell a controlling 83.14% stake in Latvia's Valmieras Stikla Skiedra fiberglass producer to Luxembourg's alternative investment fund Duke I S.à r.l. (Duke), according to the Latvian company's statement to Nasdaq Riga, writes LETA.


28.10.2020

EU Commission launches additional set of actions to help limit spread of coronavirus

The European Commission on Wednesday launched an additional set of actions to help limit the spread of the coronavirus, save lives and strengthen the internal market's resilience, informs LETA/BNS.

28.10.2020

Lithuania limits attendance at sports, culture events, bans other big gatherings

Lithuania has set attendance limits for sporting and culture events and banned all other big gatherings as of Friday, October 30th, as part of efforts to contain the spread of the coronavirus, informs LETA/BNS.

28.10.2020

EIB supports ALTUM to help Latvian businesses

EUR 130 mln in financing to support ALTUM’s measures to help Latvian businesses cope with the economic consequences of the Covid-outbreak. Signed in early July, so far more than 470 Latvian businesses have been supported with various measures, including lower interest rates and longer repayment horizons.

28.10.2020

Earnings of Harju Elekter jumped almost 90% in January-September

The consolidated net profit of listed Estonian electrical equipment manufacturer Harju Elekter in the third quarter of 2020 totaled 1.7 million euros, being bigger by 28.4% than in the same period in 2019, while consolidated net profit for the first nine months of the year surged 88.9% to close to 4.4 million euros, informs LETA/BNS.

28.10.2020

Online sales account for 5% Estonian businesses' total sales revenue in 2019

One-fifth of Estonian businesses sold their products via their own website or electronic data interchange (EDI) in 2019 and online sales accounted for 5% of enterprises' total revenue, writes LETA/BNS, according to Statistics Estonia.

28.10.2020

LIAA attracts investments worth EUR 204 mln in 9 months

The Latvian Investments and Development Agency (LIAA) in the first nine months of this year attracted investments worth EUR 204 million, said LIAA director Kaspars Rozkalns in an interview with the Latvian public radio today, cites LETA.

28.10.2020

If epidemiological situation deteriorated significantly in Latvia, only necessity stores would remain open

If the epidemiological situation in Latvia deteriorated significantly, and Latvia got into the fourth Covid-19 risk category, only necessity stores would remain open, all entertainment venues would be closed, and health care services would be limited, writes LETA.

27.10.2020

Private gatherings indoors and outdoors to be limited to 10 people in Latvia

The government decided that starting from Friday, October 30, there will be new restrictions on gathering of people in Latvia, informs LETA.

27.10.2020

Latvia decides to increase Covid-19 testing capacity by 60%

The government has decided to increase Covid-19 testing capacity by 60% and extend remote learning for pupils of grades 7-12, said Prime Minister Krisjanis Karins (New Unity) in a press conference after the government and Crisis Management Council meeting today, cites LETA.

27.10.2020

Eesti Pank: labor market situation remained stable during summer

The labor market review soon to be published by the Bank of Estonia finds that after a steep drop in employment and a sharp rise in unemployment in the second quarter of 2020, the labor market remained stable during the summer, according to Bank of Estonia economist Orsolya Soosaar, cites LETA/BNS.

1 ..2 ..3 ..4 ..5 ..6 ..7 ..8 ..9 ..10 ..11 [>][>>>]

Search site