Covid-19

International Internet Magazine. Baltic States news & analytics Friday, 05.06.2020, 11:46

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Thermo Fisher Scientific Baltics sees revenue jump 1.5 times in 2019

Thermo Fisher Scientific Baltics sees revenue jump 1.5 times in 2019

05.06.2020

Thermo Fisher Scientific Baltics, a US-owned Lithuanian producer of medical and scientific equipment, posted 440.1 million euros in revenue last year, up 49% from 294.9 million euros in 2018, informs LETA/BNS.

Keyword tags: Covid-19, Good for Business, Lithuania, Markets and Companies, Medicine, Technology, USA



As state of emergency ends, Latvian tourism companies should start repaying money for cancelled trips

As state of emergency ends, Latvian tourism companies should start repaying money for cancelled trips

05.06.2020

With the state of emergency in Latvia ending soon, tourism companies should start repaying their clients money for cancelled trips, Baiba Vitolina, head of the Consumer Rights Protection Center (PTAC), said in an interview with TV3 channel, cites LETA.

In April, 22% employees in Latvia worked remotely

In April, 22% employees in Latvia worked remotely

04.06.2020

Accordingly results of the Labour Force Survey carried out by the Central Statistical Bureau, in April 2020, slightly more than one fifth (22.0%) of employees aged 15–74 years worked remotely¹. Due to the emergency situation the number of persons working remotely increased eight times (148.4 thousand), previously that was done only by 19.0 thousand employees. Women working remotely were 27.0 percentage points more than men (63.5% and 36.5%, respectively).


State of emergency in Latvia will end on June 9

State of emergency in Latvia will end on June 9

04.06.2020

The state of emergency in Latvia will end of June 9, Prime Minister Krisjanis Karins (New Unity) said at an extraordinary Cabinet meeting today, cites LETA.

Latvia to allow indoor events with up to 100 participants, outdoor events for up to 300 participants after June 10

Latvia to allow indoor events with up to 100 participants, outdoor events for up to 300 participants after June 10

04.06.2020

Starting from June 10, it is planned to allow indoor events with up to 100 participants and outdoor events with up to 300 participants in Latvia, Health Minister Ilze Vinkele (For Development) told cited LETA.


04.06.2020

Estonian new car sales drop 62.2% in May y-o-y

The number of new cars sold in Estonia in May, 1,060, was smaller by 62.2% than the number of new cars sold in May 2019, but bigger by over 200 units than in April of this year, figures provided by the Estonian car dealers and service companies association AMTEL show, cites LETA/BNS.

04.06.2020

Lithuanian forein minister: EU's external borders unlikely to open until late June

The European Union's external borders may remain closed until late June, Lithuanian Foreign Minister Linas Linkevicius said on Thursday, noting that this should be a coordinated decision by the bloc, informed LETA/BNS.

03.06.2020

In April, industrial production output in Latvia fell by 9.2%

Data compiled by the Central Statistical Bureau (CSB) show that,compared to April 2019, in April 2020, industrial production output1 dropped by 9.2% (according to calendar adjusted data at constant prices). The decline was due to the output reduction in manufacturing (of 9%), mining and quarrying (8.7%), as well as electricity and gas supply (10.8%).

03.06.2020

Riga Airport posts EUR 704,000 in losses in Q1

The turnover of Riga International Airport in the first three months of 2020 was EUR 12.64 million, which is 10.2% less than in the corresponding period of 2019, the airport reports for LETA.

03.06.2020

Latvian professor: resumption of migration is a responsible and difficult moment for epidemiologists

The resumption of international migration and the abolition of the self-quarantine requirements for residents of countries with low Covid-19 incidence will be a responsible and difficult moment for epidemiologists, Professor Girts Brigis, head of the Department of Public Health and Epidemiology at Riga Stradins University, told LETA.

03.06.2020

Idelsons: Banks in Latvia coping relatively well with Covid-19 crisis

Banks in Latvia have been coping relatively well with the crisis caused by the Covid-19 virus, as Signet Bank CEO Roberts Idelsons says in an interview with LETA.

03.06.2020

SEB Banka grants grace period to nearly EUR 1,700 clients

Since the beginning of the Covid-19 emergency, SEB Banka has granted a grace period to nearly 1,700 borrowers, BC was told at the bank.

02.06.2020

Latvijas Banka issuing a 2 euro commemorative coin "Latgalian Ceramics"

On Friday, 5 June, Latvijas Banka is issuing a 2 euro commemorative coin "Latgalian Ceramics", informed the bank in its press release.

02.06.2020

The sales of spirits around the world increasing during Covid-19

During the Covid-19 crisis, the sales of spirits around the world are increasing, Intars Geidans, the chairman of the board of the Latvian alcoholic beverage producer Latvijas Balzams, told LETA in an interview.

02.06.2020

Estonian analyst: Coronavirus crisis above all crisis in public finances

The coronavirus crisis is predominantly a crisis in public finances, and the causes thereof lie partially in uncontrolled growth of health care and social expenditure stemming from demographic ageing, informs LETA, according to Hardo Pajula, professor of free economic though at Estonian Business School (EBS).

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