The Baltics Today

Narvesen Baltija turnover, profit increases in 2014

Convenience store chain Narvesen Baltija posted EUR 64.05 million in turnover last year, reports LETA, according to Firmas.lv.

Improving standard of living shifted Lithuania’s economic structure towards advanced countries

The structure of Lithuania's economy has clearly changed in the long run. In the last 20 years, the share of the agriculture sector in Lithuania's GDP fell threefold, from 11-12% in 1995-1996 to 3.4% in 2014. The share of the industrial sector (including extraction and energy industry) in GDP has...

Stockmann in Latvia operated with EUR 176,932 in losses in 2014

Retail trade company Stockmann operated with EUR 176,932 in losses in 2014, according to ''Firmas.lv'', cites LETA.

Wizz Air opens flights from Riga to Lübeck

Wizz Air, the largest budget airline in Central and Eastern Europe, from 24 April 2015 opens flights from Riga International Airport to Lübeck (Germany), reports BC airport’s press service.

Eesti Pank: volume of housing loans continues to grow steadily in Q1

The total volume of loans and leases to Estonian companies and households was 3% larger in March 2015 than a year earlier; the loan and lease portfolio increased by 43 million euros during the month to 15.3 billion euros, Estonia's central bank Eesti Pank said in its fresh financial sector statis...

Costa Pacifica opens the cruise season in Tallinn

On May 4, 2015, the moorage of the Costa Pacifica cruise ship in the Old City Harbour will officially open the summer cruise season in Tallinn. The season will last until October 17, 2015, reports BC port’s press service.