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Sunday 18.08.2019 | Name days: Liene, Helēna, Elena, Ellena, Liena

Prices in Estonia surge 6.5% within a year

Compared to the previous year, in January 2011 the consumer price index in Estonia has risen by 5.3%, but compared to December 2010 – by 0.0%.

Rental and commercial segment activity surges 15%

Rental and commercial segment activity has climbed 15% in early 2011, compared to late 2010, according to the real estate company Balsts study.

Latvians wish to work abroad in agriculture, hotel and construction sector

In Latvia, the German and Austrian labour market opening is awaited with hope, because for many moving to another country is still the only way of getting income. Along with Latvia’s accession to the European Union, Ireland, Great Britain, Sweden and other EU countries fully opened the labour market.

IT outsourcing company: e-health projects should be halted

Latvian e-health projects should be put off, believes DEAC Board Chairman Andris Gailītis, adding that he thinks there is a well-organized cartel beneath them, trying to arrange all the tenders.

«Cream product» to lose the word «cream» next year

Starting from September 1, 2012, the word «cream» will no longer be allowed together with the name of the dairy product if it is not genuine.

Only 71% of properties in Latvia are insured

Out of 881 600 properties owned by the Latvian households 71% or 624 thousand properties are not insured, according to a survey on property insurance usage trends carried out by ASS Balta and SKDS.

Policemen to receive uniform compensation – 85 lats

When planning the funds for 2011 the State Police found the possibility to pay out uniform compensation in February to the officials with special service ranks, the business news portal BNN was informed by the State Police spokeswoman Zane Maskaļonoka.

Consolidation of 60 –70 million lats required not to cut family benefits

If the state family benefits are maintained at their current level, this year the budget consolidation will be carried out at even greater extent – 60 to 70 million lats, the Finance Minister Andris Vilks ponts out.

Residence permits – a catch for millions

The amount of investments placed in order to obtain a residence permit could triple by the end of the year, surpassing 100 million euro.

Experts: industrial growth needs investments

The industrial output of December was affected by the weather conditions and shrinking number of orders, believe economists, indicating that export and investments will ensure the industrial growth in 2011.

Illegal tobacco comprises 38% of Latvian market

Last December illegal tobacco market share amounted to 38% in Latvia , according to TNS Latvia study. The same figure comprised 47% in Lithuania and 19% in Estonia.

Baltic States no longer an isolated energy island

In 2015 Estonia, Latvia and Lithuania will become a part of the common European Union energy market due to new gas and electricity supply channels.

Industrial output grew 13.9% last year

Compared to 2009, in 2010 the industrial production output has increased by 13.9%, totalling 4121.1 million lats, indicates the Central Statistical Bureau data.

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