Markets and Companies

International Internet Magazine. Baltic States news & analytics Friday, 20.10.2017, 13:54

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In September, level of producer prices in Latvian industry increased by 0.3%

In September, level of producer prices in Latvian industry increased by 0.3%

20.10.2017

Data of the Central Statistical Bureau (CSB) show that, compared to August, in September 2017 the level of producer prices in Latvian industry grew by 0.3%. Prices of products sold on the domestic market increased by 0.3%, and prices of exported products went up by 0.2%.

Keyword tags: Analytics, Industry, Latvia, Markets and Companies



The industrial producer price index didn’t change in Estonia in September

The industrial producer price index didn’t change in Estonia in September

20.10.2017

According to Statistics Estonia, in September 2017, the producer price index of industrial output changed by 0.0% compared to August and by 4.5% compared to September 2016.

Capfield: Porto Franco in Tallinn would be good for port area's development

Capfield: Porto Franco in Tallinn would be good for port area's development

20.10.2017

Speaking on the sidelines of the opening of the Nautica shopping center after a comprehensive overhaul on October 19th, Ruben Gornischeff, board member of Nautica's developer Capfield OU, said that completion of the Porto Franco center situated not far from Nautica would be good for the development of the entire area of the Tallinn passenger port, informs LETA/BNS.


Capfield: Estonia's retail business to concentrate in couple of big malls

Capfield: Estonia's retail business to concentrate in couple of big malls

20.10.2017

The Estonian retail market is increasingly specializing and most of the retail activity will concentrate in a couple of big shopping centers in the future, Ruben Gornischeff, board member of the real estate developer Capfield OU, said at the opening of Capfield's Nautica shopping center in Tallinn on October 19th, cites LETA/BNS.

TV3 Latvia changes name to All Media Latvia, gets new supervisory board

TV3 Latvia changes name to All Media Latvia, gets new supervisory board

20.10.2017

TV3 Latvia has changed name to All Media Latvia, informs LETA, according to Firmas.lv.


20.10.2017

Solidarity Tax Law - not in line with Latvian Constitution

The Constitutional Court in Latvia ruled on October 19th that Section 6 of the Solidarity Tax Law was not in line with the principle of equality enshrined in the Constitution, informs LETA.

20.10.2017

Competition Council cleared the acquisition of 100% Palink shares ant control by Rimi Lietuva

On October 18th, the Competition Council cleared the acquisition of 100% of UAB Palink (PALINK) shares ant control by UAB Rimi Lietuva (RIMI) on condition that RIMI will sell part of its business related to retail trade, informed BC Ieva Racickaite from the Lithuanian Competition Council.

20.10.2017

Rietumu is acknowledged as one of the most valuable Latvia’s enterprises

Rietumu Bank is included in the TOP 10 Latvia’s most valuable enterprises recently presented by NASDAQ OMX Riga and consulting & investment company Prudentia, reported BC Eleonora Gailisha from Rietumu’s press service.

20.10.2017

Ex-politician Slesers' son appears on list of Latvia's top earners

Edvards Slesers, a son of Latvia’s ex-politician Ainars Slesers, has for the first time made it to the list of Latvia’s biggest earners, according to Latvia’s Top100 Earners published by Dienas Bizness, cites LETA.

20.10.2017

Maxima gets permission to open department store at Riga Plaza mall

The Latvian Competition Council has given permission to Maxima Latvija retailer to open a Maxima XXX department store at Riga Plaza shopping mall, the council’s representatives told LETA.

19.10.2017

Cloud computing used by 16.7% of enterprises in Latvia

Data of the Community Survey on ICT Usage and E-Commerce in Enterprises conducted by the Central Statistical Bureau of Latvia (CSB) show that at the beginning of 2017 out of the enterprises employing 10 or more persons 98.7% used Internet, while 62.9% of the enterprises had website.

19.10.2017

ABLV Bank co-owners Fils and Bernis top Latvia's millionaires list again

For over ten years already, two ABLV Bank co-owners have been ranked first in the annual top of Latvia's millionaires collated by the business newspaper Dienas Bizness, cites LETA.

19.10.2017

SBA concern to build EUR 22 mln logistics center, furniture component plant in Lithuania

SBA concern, which operates seven furniture factories in Lithuania, Russia and Belarus, will invest 22 million euros in construction of a logistics center and a factory of furniture components close to Lithuania's port city of Klaipeda, with the construction planned to start next spring, reports LETA/BNS.

19.10.2017

European business needs a seamless customs transition to avoid a heavy blow from Brexit

Brexit Transitional Period must be agreed as soon as possible to protect EU and UK competitiveness and ensure a frictionless customs and trade environment can be maintained, say top European businesses and trade bodies, reported BC CER's press service.

19.10.2017

Estonian PM: Europe is currently seeing both a shortage of labor and a shortage of jobs

Estonian Prime Minister Juri Ratas and Minister of Health and Labor Jevgeni Ossinovski participated in a meeting held in Brussels, in which leaders of European Union institutions and representatives of European employers and workers discussed ways to bolster the economy as well as the social well-being of Europe, informs LETA/BNS.

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