Retail trade turnover in Latvia up 4.9%
Compared to April 2021, total retail trade turnover increased by 4.9 % in April 2022. Turnover of retail trade in food products grew…
Category: Business
Construction volume in Estonia rebounded 14% in Q1
In Estonia, the production volume of construction enterprises grew by 14% in the first quarter of 2022, compared to the respective period in…
Latvian State Police arrest suspect in Bunkus’ murder case businessman Mihails Uļmans
On Thursday, 26 May, Riga City Council Vidzeme Suburb Court decided decided to put under arrest a suspect in the insolvency administrator and…
Lithuanians warned of rising Euribor bank lending rate
Majority of mortgage loans in Lithuania include changing rate of the Euribor interbank lending rate. The Bank of Lithuania has warned that after…
Housing prices in Riga remain lower than prices in Vilnius and Tallinn
Although the prices of housing under construction in Riga have increased by 29% over the course of the year, they remain lower than…
Day 88 of war in Ukraine: Zelenskyy opens Davos forum, Russian troop losses in Ukraine similar to Soviet death toll in Afghanistan
On Monday, May 23, Ukrainian President Volodymyr Zelenskyy opened the World Economic Forum, where business leaders and government officials will focus on economic…
Estonia adopts additional budget for defence, energy and refugee needs
In Tallinn, the Riigikogu has adopted Estonia’s supplementary state budget of 878 million euros. The legislators also expressed their continued confidence in the…
Covid-19 pandemic cuts Latvia’s hospitality sector worker numbers by one-third
Over the course of the last two years the number of people employed in Latvia’s hospitality sector has dropped by one-third. The sector…
Renault’s Moscow factory nationalised to build Moskviches
Russia has nationalised the Moscow factory of French carmaker Renault. Moscow city leadership has announced that cars under the Moskvich brand reminiscent of…
