Profits of Latvian financial institutions reach 657.2 million in 11 months
In 11 months of 2023 Latvian monetary financial institutions, mainly banks, operated with profits of EUR 657.2 million, which is 2.2 times more…
Category: Business
Construction costs in November up 1.7% in Latvia
In November 2023 construction costs in Latvia went up by an average of 1.7% when compared to the same period of 2022, according…
BNN ANALYSES | 2024 ushers in changes for state workers, pensioners, debtors and many others in Lithuania
Linas Jegelevičius New Year is around the corner and 2024 ushers in a slew of novelties to be felt by most Lithuanians. However,…
Latvian goods often applied with bigger price markup than foreign goods
In regards to the situation in the food sector and growing retail prices, Latvian Competition Council (KP) has concluded the second part of…
Week in Lithuania | Seimas okays proposed conscription reform, strips MP Grazulis of his mandate
Last week, CB revised up 2023 GDP forecast, cuts 2024 growth projection; Girteka Group’s companies announced of layoff of more than 100 employees….
Latvian Stevedoring Company Association: transit is not import
“If we look at the east, we have to look past Russia’s borders. The east doesn’t begin and end with Russia. The Central…
Latvian stevedores urge government to not stop transit of grains
Latvian Stevedoring Company Association invites the government to not use sanctions on transit of grain from Russia to sabotage the country’s economy and…
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…
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…
