International Internet Magazine. Baltic States news & analytics
Saturday, 07.12.2013, 15:07
Statistics Lithuania informs that in November 2013, compared to October, prices for the total industrial production sold decreased by 0.1%, refined petroleum products excluded – by 0.2%. Over the year, prices for the total industrial production sold decreased by 3.2%.
Keyword tags: Analytics, Industry, Lithuania, Markets and Companies
According to Statistics Estonia, there were 8,600 job vacancies in the enterprises, institutions and organisations of Estonia in the 3rd quarter of 2013. Compared to the same period of the previous year their number increased by 12.3%, and compared to the previous quarter by 12.7%.
According to Statistics Estonia, the change of the consumer price index in November 2013 was –0.4% compared to October 2013 and 1.5% compared to November of the previous year. Both the monthly and annual change were influenced the most by housing expenditures.
Joint-stock power utility Latvenergo has been named the safest company in Latvia for the second year in a row, as the Latvian Employers' Confederation informed Nozare.lv, writes LETA.
For the year 2014, Estonian enterprises forecast turnover growth and moderate success on export markets – although investment and innovation activity leave something to be desired, the survey 'Business Barometer 2014', conducted among SEB's business clients, indicated, cites LETA.
The prices of several products in Riga supermarkets in December 2013 have grown several times over the past 10 years, according to data from the Agricultural Market Promotion Center, cites LETA/Nozare.lv.
Stora Enso Packaging was the leader in Latvia's packaging and light industries in 2012, turning over LVL 24.82 million, according to the Latvian Business Report 2013 collated by Firmas.lv and Nozare.lv, writes LETA.
Joint-stock steelworks company Severstallat consolidated sales in the first nine months of the year increased 19% from the same period in 2012, whereas the company's earnings before interest, taxes, depreciation and amortization increased 22% to a total of USD 9.7 million (LVL 4.99 million), Severstallat representative Olga Nesterova told Nozare.lv, cites LETA.
Forbes Magazine has ranked world's top 25 countries to do business in and ranked Lithuania 25th, right behind Germany. Estonia is ranked even higher – 23rd and Latvia is placed 35th, informs LETA/ELTA.
Lithuania's President Dalia Grybauskaite met with members of the Council of Presidents of the European business confederation BusinessEurope. The meeting which brought together representatives of major European industrial federations from 35 countries focused on ways to promote business development and economic growth in Europe, improve industrial competitiveness and intensify trade with third countries, in particular with the Unites States of America and Japan, informed BC presidential press service.
The Tallinn city government approved on Wednesday a detailed development plan that gives owners of the Tallink shipping company a green light to build Estonia's largest shopping and entertainment centre in the Lasnamäe city district of the capital city Tallinn, LETA/Eesti Päevaleht writes.
Livonia Print was the largest printing and publishing industry company in Latvia in 2012, turning over LVL 21.98 million, according to the Latvian Business Report 2013 collated by Firmas.lv and Nozare.lv, writes LETA.
After the submission, the Seimas of Lithuania approved the draft budget for 2014 of the National Health Insurance Fund under the Ministry of Health (NHIF), informs LETA/ELTA.
With a turnover of LVL 305.23 million, the joint-stock metallurgical company Liepajas metalurgs was the leader in Latvia's metallurgical and mechanical engineering industry last year, according to the Latvian Business Report 2013 collated by Firmas.lv and Nozare.lv, writes LETA.
Having received the conclusion of the Government, the Seimas approved of the amendments to the Law on Income Tax which were improved by the Committee on Budget and Finance, informs LETA/ELTA.