Markets and Companies

International Internet Magazine. Baltic States news & analytics Monday, 21.09.2020, 21:55

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Lithuanian, Belgian labor inspectors inspect company in EU4FairWork campaign

Lithuanian, Belgian labor inspectors inspect company in EU4FairWork campaign

21.09.2020

Lithuanian and Belgian labor inspectors inspected the same company in their countries at the same time as part of the #EU4FairWork Week of Action that kicked off this week, writes LETA/BNS.

Keyword tags: EU – Baltic States, Labour-market, Lithuania, Markets and Companies



SEB survey: Consumption in Estonia at same level as last year at end of summer

SEB survey: Consumption in Estonia at same level as last year at end of summer

21.09.2020

An analysis of consumer behavior conducted by SEB among Estonian people in August shows that consumption reached the same level by the end of summer as at the same time last year, reported LETA/BNS.

In August, the industrial producer price index increased by 1.1% in Estonia

In August, the industrial producer price index increased by 1.1% in Estonia

21.09.2020

According to Statistics Estonia, in August, the producer price index of industrial output increased by 1.1% compared to July 2020 and decreased by 2.2% compared to August 2019.


Latvian startups attract investments worth EUR 13 mln in eight months

Latvian startups attract investments worth EUR 13 mln in eight months

21.09.2020

In the first eight months of this year, Latvian startups attracted investments worth EUR 13 mдn, said Diana Lace-Davidova, the executive direction of the Latvian association of startups, Startin.lv, in a forum today, referred LETA.

Estonia seeking to reduce CO2 emissions by up to 38% by 2035

Estonia seeking to reduce CO2 emissions by up to 38% by 2035

21.09.2020

Estonia wishes to reduce carbon dioxide emissions by 23 to 38% by 2035, while the end consumption of energy by transport would not increase and the share of renewable energy in it would be at least 22.7%, it appears from the initial version of the country's new transport and mobility development plan for 2021-2035, cites LETA/BNS.


21.09.2020

Unemployment rate down to 8% in Latvia in mid-September

By the middle of September, unemployment rate in Latvia has declined to 8%, said State Employment Agency director Evita Simsone in an interview with the Latvian public television today, cites LETA.

21.09.2020

Lithuania's COVID-19 committee to decide on measures as coronavirus cases grow

As the number of new coronavirus cases jumped over the weekend, Lithuania's COVID-19 management committee will meet to decide on measures to contain the spread of the virus, LETA/BNS informed.

18.09.2020

World Cleanup Day to start under Estonia's leadership on Sept 19

At midnight Estonian time on the night between Friday, Sept. 18, and Saturday, Sept. 19, the Fiji Islands in the Pacific Ocean will kick off this year's global World Cleanup Day, initiated by Estonians, writes LETA/BNS.

18.09.2020

Saga shopping mall in Riga to open in November

Shopping mall Saga in Riga will open on November 10, as the mall's representatives told LETA.

18.09.2020

Estonian farmers want transitional natl aid payments ensured in full permitted amount

The Estonian Chamber of Agriculture and Commerce has described it as very important that the government pay the transitional national aid to agricultural producers in the biggest permitted amount next year and in the year after that, writes LETA/BNS.

18.09.2020

In Q2, number of job vacancies in Latvia dropped by a third

Data of the Central Statistical Bureau (CSB) show that at the end of the 2nd quarter of 2020 there were 20.0 thousand job vacancies in Latvia, which is 10.4 thousand vacancies or 34.2 % less than in the 2nd quarter of 2019. In public sector there were 8.1 thousand and in private sector 11.9 thousand job vacancies. Over the year, the number of job vacancies in private sector fell by 10.0 thousand or 45.7 %, while in public sector – by 0.4 thousand or 4.7 %.

18.09.2020

Tallinn to limit nighttime alcohol sales in bars, nightclubs from September 2021

The council of Tallinn decided on Thursday to restrict the sale of alcohol at recreational establishments in the capital city late at night and in the early hours of the morning starting from Sept. 1, 2021, informs LETA/BNS.

18.09.2020

Lithuania's Viada LT posts EUR 0.5 mln in net profit for H1

Viada LT, the operator of former Lukoil filling stations in Lithuania and Latvia, posted an unaudited consolidated net profit of 495,800 euros in the first half of this year, writes LETA/BNS.

17.09.2020

Labour costs in Latvia rose by 6.2% in Q2 2020

Seasonally and calendar non-adjusted data of the Central Statistical Bureau (CSB) show that, compared to the 2nd quarter of 2019, in the 2nd quarter of 2020 hourly labour costs increased by 6.2% or 60 cents, reaching EUR 10.27. Seasonally adjusted data comprised 4.0%.

17.09.2020

IIHF:Political reasons not enough to change location of World Championships

During a meeting in Zurich today, the International Ice Hockey Federation's (IIHF) Council discussed the issues submitted by the government of Latvia regarding the status of the 2021 IIHF Ice Hockey World Championship, scheduled to be hosted by Minsk, Belarus, and Riga, Latvia, LETA informed.

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