Markets and Companies

International Internet Magazine. Baltic States news & analytics Monday, 30.03.2020, 22:42

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airBaltic flight to bring around 1 million face masks and respirators from China

airBaltic flight to bring around 1 million face masks and respirators from China

27.03.2020

At the National Health Service's request, Latvia's airBaltic carrier will bring around one million face masks and respirators from China, the airline's spokeswoman Alise Briede told LETA.

Keyword tags: Airport, China, Crisis, Good for Business, Latvia, Markets and Companies, Medicine, Transport



Covid-19 Latvia: 15 companies so far have announced collective redundancies

Covid-19 Latvia: 15 companies so far have announced collective redundancies

27.03.2020

Due to the Covid-19 pandemic, 14 companies in Latvia have announced collective redundancies, which will result in about 3,000 employees being laid off, said State Employment Agency (NVA) director Evita Simsone in an interview with commercial TV3 on Friday, referred LETA.

Covid-19: All shopping malls closed in Estonia from Friday due to emergency situation

Covid-19: All shopping malls closed in Estonia from Friday due to emergency situation

27.03.2020

By the government's decision, all shopping malls in Estonia will be closed from Friday, however, food stores, post offices and pharmacies in malls will remain open, reported LETA/BNS.


Bank of Latvia expects Latvia's GDP to drop 6.5% this year

Bank of Latvia expects Latvia's GDP to drop 6.5% this year

26.03.2020

The Bank of Latvia expects Latvia's gross domestic product to drop 6.5% this year, while average annual inflation is estimated at 0.5%, the central bank told LETA.

Lithuania: Konkurencijos taryba hasn’t spotted anti-competitive agreements between construction, repair and household product manufacturers and sellers

Lithuania: Konkurencijos taryba hasn’t spotted anti-competitive agreements between construction, repair and household product manufacturers and sellers

26.03.2020

Konkurencijos taryba has terminated investigation into the alleged anti-competitive agreement among 7 Lithuanian and Latvian companies engaged in the production and sales of construction, repair and household good, Konkurencijos taryba`s representative informed BC.


26.03.2020

Estonian DIY retailer Bauhof to keep open stores not located at shopping malls

The stores of Estonia's DIY retailer Bauhof that are not located in shopping malls will remain open, purchases from Bauhof's online store have surged over the past couple of weeks, reported LETA/BNS.

26.03.2020

Lithuanian government seeks instrument to regulate prices during coronavirus crisis

The Lithuanian government approved on Wednesday a legislative package allowing it to regulate prices during an emergency.

24.03.2020

Estonia imposes substantive restrictions on movement in public space

he Estonian government is imposing a new set of restrictions on movement in public space, Prime Minister Juri Ratas said at a press briefing introducing the new measures on Tuesday evening.

24.03.2020

State of emergency likely to be extended in Latvia

The state of emergency that has been declared in Latvia in an effort to curb the spread of Covid-19, most likely will be extended, it follows from Health Minister Ilze Vinkele's comments made after the government meeting on Tuesday.

24.03.2020

Latvia: Shopping centers, except for groceries, pharmacies and construction stores, to be closed on weekends to curb Covid-19

To curb the spread of the Covid-19 pandemic, all gyms will be closed in Latvia, and shopping centers will have to stay closed on weekends, Prime Minister Krisjanis Karins (New Unity) told journalists Tuesday.

24.03.2020

Latvia: Merchants, food suppliers work on increase of capacity

Merchants and food supplier continue to work on ensuring home deliveries, increasing the number of employees and introducing technological improvements in the system of services, LETA learned from companies.

24.03.2020

Estonian PM: Public sector can lend a hand to private enterprise

Estonian Prime Minister Juri Ratas said that, if necessary, the public sector can lend a hand to struggling private business by continuing with activities and orders in the extent previously planned, reported LETA/BNS.

24.03.2020

Lithuanian Industrialists' Confederation: all businesses affected by coronavirus crisis

The coronavirus crisis and a nationwide quarantine in place in Lithuania for a week now are affecting all businesses, but the extent of its impact varies across sectors, the resident of the Lithuanian Industrialists' Confederation said LETA/BNS.

23.03.2020

The Kalsnava Distillery alcohol manufacturing plant adjusted its manufacturing to produce alcohol for disinfectants manufactured in Latvia

The Kalsnava Distillery alcohol manufacturing plant adjusted its manufacturing to produce alcohol for disinfectants manufactured in Latvia.

23.03.2020

Covid-19 Latvia: 1,660 people to lose work as 10 companies announce collective redundancies

Due to the Covid-19 pandemic, ten companies in Latvia have announced collective redundancies, which will result in 1,660 employees being laid off, LETA was told at the State Employment Agency.

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