Markets and Companies

International Internet Magazine. Baltic States news & analytics Friday, 04.12.2020, 16:24

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US biotech giant Biogen launches operations in Lithuania

US biotech giant Biogen launches operations in Lithuania

04.12.2020

US-based biotech giant Biogen has this week launched operations in Lithuania where it plans to carry out clinical trials and other projects with local partners. Biogen said on Friday it opened its office in Vilnius on December 1, writes LETA/BNS.

Keyword tags: Good for Business, Innovations, Lithuania, Markets and Companies, Technology, USA



Number of available hospital beds for Covid-19 patients increased to approximately 800 in Latvia

Number of available hospital beds for Covid-19 patients increased to approximately 800 in Latvia

04.12.2020

The number of beds available for the treatment of Covid-19 patients in Latvian hospitals has now been increased to about 800, the Parliamentary Secretary of the Ministry of Health Ilmars Duritis (For Development), told Latvian Television on Thursday, cites LETA.

What can and cannot be bought on weekends in Latvia

What can and cannot be bought on weekends in Latvia

04.12.2020

Government decided Tuesday that the range of products that can be purchased on weekends would be limited. This caused confusion and a number of misunderstandings in the society, so Economics Ministry clarified the issue December 3 at a press conference, writes eng.lsm.lv.


Owners of Rietumu Banka and ABLV Bank top Latvia's rich-list

Owners of Rietumu Banka and ABLV Bank top Latvia's rich-list

03.12.2020

Owners of Rietumu Banka and ABLV Bank, which in the process of liquidation, have topped Latvia's rich-list in 2020, compiled by the business newspaper Dienas Bizness and Lursoft publication Millionaire, cites LETA.

Sweden's Eliq to open product development office in Vilnius

Sweden's Eliq to open product development office in Vilnius

03.12.2020

Eliq, a Swedish company developing customer engagement software for energy suppliers, has announced plans to open a product development office in Vilnius, writes INvest Lithuania.


03.12.2020

Various new Covid-19 restrictions come into force in Latvia

Various additional Covid-19 restrictions come into force in Latvia from today, December 3rd, informs LETA.

03.12.2020

60% Admit Covid-19 Has Significantly Changed Their Shopping Habits

Around 60% of the public admit that the spread of Covid-19 has significantly changed their shopping habits, forcing them to review both their store format choice and shopping frequency, as well as what products they purchase, according to the latest Maxima Retail Compass industry overview.

03.12.2020

Epidemiologist: Covid-19 incidence continues to grow in Baltics while stabilization reported in most other EU and EEA countries

While most member states of the European Union (EU) and the European Economic Area (EEA) are reporting a stabilization of their epidemiological situation, Covid-19 incidence in the Baltic states is still on the rise, Jurijs Perevoscikovs, head of the Disease Risk Analysis and Prevention Department at the Center for Disease Prevention and Control (CDC), said LETA/BNS cites.

02.12.2020

Estonian company acquires largest data center in Baltics

The Estonian company Greenergy Data Centers has involved the Three Seas Initiative Investment Fund (3SIIF), an investment fund established within the framework of the Three Seas Initiative, as an investor and acquired MCF, the largest data center in the Baltics being established near Tallinn, writes LETA/BNS.

02.12.2020

Saeima in Latvia adopts budget 2021

Saeima in Latvia today in the final reading adopted the 2021 government budget, providing that expenditure will be at EUR 10.758 billion and revenue at EUR 9.579 billion, reports LETA.

02.12.2020

Estonia's Summus Capital, Ivar Vendelin buy Riga Plaza

Estonian company Summus Capital and investor Ivar Vendelin have become the new owners of the Riga Plaza shopping and entertainment center, representatives of the transaction's consultant Zenith Family Office informed LETA.

02.12.2020

SEB: most listed companies in Baltics in no hurry to hedge financial risks

An analysis of the risk mitigation practices related to the financial markets of listed Baltic companies by SEB revealed that only a few companies on the Baltic Main List pay attention to reducing the risks arising from changes in exchange rates, interest rates and commodity prices, cites LETA/BNS.

02.12.2020

State of emergency in Latvia extended until January 11 with further restrictions

On December 1st, in order to limit the spread of Covid-19, the Cabinet of Ministers in Latvia decided to extend the state of emergency declared in the country until January 11, Prime Minister Krisjanis Karins (New Unity) informed the media on Tuesday night after the government meeting, cites LETA.

02.12.2020

The expenditures on R&D in Estonia rose by 24% in 2019

According to Statistics Estonia, in 2019, the expenditures on research and development (R&D) in Estonia amounted to 453 million euros, which is 24% more than in 2018. The share of R&D expenditures in the gross domestic product was 1.61%, making it the highest share in the last five years.

02.12.2020

Sales of Xnet online store double this year

Along with the steep development of e-commerce, sales of Xnet online store have doubled this year, said Xnet head Edgars Ejubs in an interview with LETA.

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