International Internet Magazine. Baltic States news & analytics
Wednesday, 04.03.2015, 09:00
Baltic Property Trust Secura A/S, which is currently in voluntary liquidation has completed the sale of its largest property – Europa shopping mall in Vilnius. The asset has been acquired by the Baltic Opportunity Fund, which is managed by Northern Horizon Capital. The value of the deal is not disclosed.
Keyword tags: EU – Baltic States, Funds, Investments, Lithuania, Markets and Companies, Real Estate
Baltic Aviation Academy, European standard training centre, doubled student number during the 2014. In comparison to 2013 student number for type rating training increased by 117%, making it go over 2000 in 2014, reports BC Academy’s press service.
Estonian Economy and Communications Ministry said, commenting upon the fresh Estonian retail trade statistics, that in the future, the main risk point for the Estonian economy will be Finland, LETA/delfi.ee reports.
Investors' Forum has proposed that the Government of Lithuania should invest in the national airline, informs LETA/ELTA.
In January 2015, producer prices in Latvia rose 0.4% from December 2014, which was the largest increase in the EU, according to the latest report released by the EU statistical office Eurostat. In all the EU member states for which data are available, producer prices decreased 1.2% in January from December, writes LETA.
Amber Beverage Group, the leading wine and spirits company in the Baltic countries and part of SPI Group, is expanding its partnership with Beam Suntory, the world’s third largest premium spirits company, reported BC head of communications at Amber Beverage Group Dana Hasana.
MEP Sandra Kalniete (Unity) was refused entry into Russia last night when she arrived in Moscow to attend the funeral of Russian opposition politician Boris Nemtsov on Tuesday.
Riga was ranked 2nd in Europe as a city for fast-growth businesses by influential US business publication Inc..Vilnius has been ranked 4th. The list, compiled by influential US business publication Inc., rated European cities on the number companies that made it onto Inc.’s 5000 Europe list of rapidly-expanding enterprises, reports BC, referring to Invest Lithuania.
In January 2015, Lithuania's seasonally adjusted unemployment accounted for 9.8% (144,000 persons), Eurostat, the statistical office of the European Union, reports. In January 2014, the country's seasonally adjusted unemployment stood at 11.4% (167,000 persons). The euro area (EA19) seasonally-adjusted unemployment rate was 11.2% in January 2015, down from 11.3% in December 2014, and from 11.8% in January 2014, writes LETA/ELTA.
Due to the increasing competition on the European Union's (EU) dairy market, as well as the upcoming liberalization of milk quotas for Latvian dairy farmers, members of Latvian dairy industry need to create new export products, Prime Minister Laimdota Straujuma (Unity) said during the annual congress organized by Farmers' Saeima yesterday, cites LETA.
Estonia ought to continue developing high-tech and knowledge-based economic sectors, stated the European Bank of Reconstruction and Development (EBRD) in its overview of the bank’s client countries’ economies, reports LETA, referring to the Ministry of Finance.
Slovak Republic is a member of the EU, Eurozone, Schengen area, NATO etc. and has common borders with Poland and Ukraine.
In 2015, Latvia's economic growth will be similar to that of 2014, as the head of the IMF mission in Latvia Shekhar Aiyar told a press conference today, cites LETA.
An international conference entitled “Post-2015 and Beijing+20: Women’s Economic Empowerment and Sustainable Development – the Synthesis for Success” takes place in the National Library of Latvia on 2 March, reports the Latvian MFA.
The European Commission (EC) has approved the Protected Geographical Indication (PGI) for the Lithuanian cheese Liliputas, informs LETA/ELTA.