Signet Bank completes LPB Bank acquisition deal
Signet Bank has completed its LPB Bank acquisition deal, as confirmed by the bank’s representatives. The bank notes that after receiving permission from…
Category: Business
Estonia: exports to Latvia, the Netherlands and the USA fell the most in October
According to Statistics Estonia, in October, Estonia’s exports of goods amounted to 1.5 billion and imports to 1.8 billion euros. Compared with October…
Week in Lihuania | Lithuanian President will seek re-election in 2024; parliament approves 2024 budget
Last week, Lithuania’s straw garden binding tradition was added to UNESCO list; intelligence body’s whistleblower revealed his identity Lithuania reports 1175 new COVID-19…
BNN ANALYSES | Lithuania’s average salary at 1 235 euros in third quarter, but many shrug it off: “No way!”
Linas Jegelevičius Sodra, Lithuania’s state social insurance fund, has announced that the average salary of fully employed persons in the third quarter of…
Average electricity price on a rise in Latvia
Last week the average electricity price in Latvia went up by 18% and was 147.88 EUR/MWh, as reported by Latvenergo representatives. Last week…
LSA: Ministry of Finance has decided to inflate port costs instead of providing support
The war in Ukraine and anti-Russian and anti-Belarusian sanctions significantly influence Latvian sea ports. Right now they are in dire need of some…
In eleven months Latvia imports 382 800 tonnes of cereals from Russia
In eleven months of 2023 a total of 382 808 tonnes of cereals from Russia went through Latvia’s border checkpoints on the way…
LDz Cargo to auction off 46 freight cars at initial price of EUR 220 000
LDz Cargo, a subsidiary of Latvian Railway, will sell 47 freight cars at an initial price of EUR 220 000 during an auction…
Estonian economic downturn accelerated again in the third quarter
In the third quarter of 2023, the gross domestic product (GDP) decreased by 3.9% compared with the same quarter of 2022. The GDP…
