The Baltics Today

Posts under ‘The Baltics’

FDI in Lithuania grew to EUR 220.8 mln in Q1

Statistics Lithuania and the Bank of Lithuania inform that in I quarter 2015, the foreign direct investment (FDI) flow into Lithuania and the Lithuanian direct investment flow abroad was on the increase. Please note that this news release presents FDI calculated by applying directional principle,...

In May, the growth in retail sales in Estonia made 8% y-o-y

According to Statistics Estonia, in May 2015 compared to May of the previous year, the retail sales of goods of retail trade enterprises increased by 8% at constant prices. While in April retail sales increased by 6% compared to the same month of the previous year, then in May the growth in retai...

Zhirinovsky suggests referendums in Baltics on inclusion in Russian Federation

Member of the Russian Duma Vladimir Zhirinovsky is calling for a referendum to be organized in Latvia, Lithuania, and Estonia where people would be offered to vote for the countries to be included in the Russian Federation, reports REGNUM/LETA.

Only Romania uses more fiber-optic Internet than Latvia

Only Romania uses more fiber-optic Internet with a speed of over 100 Mbit/s than Latvia, reports LETA, according to a European Commission report on the electronic communication sector.

Minimum monthly wage, pensions grow in Lithuania from July

The minimum monthly wage and the old-age pension has been increased in Lithuania from 1 July 2015, reports LETA/ELTA.

Agrowill Group to focus on organic farming

Agrowill Group AB, one of the largest investors in the agricultural sector in Lithuania, is launching a strategy for organic agricultural production under which all work on land controlled by the company will follow the principles of organic farming. The same principles will also apply to the liv...