Due to Italy and Spain having unfavourable weather for growing vegetables, prices of a number of vegetables are likely to increase.
In spite of the industry’s calls over the past two years, Transport Ministry still has not provided a cargo attraction plan, a unified offer for our cooperation partners. Nor do we have a clearly defined transit strategy and development direction, says Baltic Association – Transport and Logistics.
The current project of the international high-speed railway Rail Baltica contains three stops in its Estonian part, while adding more would need careful analysis, stated Estonian Prime Minister Jüri Ratas.
The volume of investments in Latvia’s real estate market exceeds EUR 300 million for the fourth consecutive year. The total investment volume reached EUR 341.3 million in 2016, compared with EUR 394.4 million in 2015, according to data from Colliers International Latvia.
Sales of Finnish and Baltic fast food restaurant network Hesburger in Baltics reached EUR 58 million last year.
Of the three Baltic States, Latvia is the most demanding when it comes to regulator requirements for banks. This is largely because of its banking market’s state. Nevertheless, requirements are not inadequate, Nordea bank head in Latvia Janis Buks said in an interview.
Italy has been invited by the European Commission to substantiate with proof the denial of allegations by the German government that Italian carmaker Fiat Chrysler has installed illegal exhaust emissions cheating equipment.
Commencement of cooperation with Corvin Real Estate, Rention housing management system will combine and simplify procedures like management and signing of utilities, rent and other payments, as well as issue of receipts, submission of counter readings and compilation of declarations, Rention representatives say.
The necessary permits from competition and financial market supervisors to allow the merging of Nordea and DNB banks will have been received by the end of February, says Nordea bank’s head in Latvia Janis Buks.
In 2016, the average level of consumer prices increased by 2.2 % in Latvia. Prices of goods grew by 1.7 % and prices of services by 3.4 %.
The exports of Estonian companies have grown 6% from November 2015 to November 2016, the Baltic nation’s statisticians estimated.
German automobile-maker Volkswagen has announced that it has reached its record sales – 10.3 million cars - last year, regardless of its damaged reputation that suffered in the diesel emissions cheating scandal in 2015.
The volume of coal transported via LDz infrastructure had increased significantly in December 2016 – the volume of coal cargoes had increased by 28.4% when compared with December 2015. Overall, LDz has transported nearly 16 million tons of coal in one year, as confirmed by the company.