The Baltics Today

Posts under ‘The Baltics’

In July, construction costs in Latvia reduced by 0.6%

Compared to June, level of construction costs in Latvia in July 2014 decreased by 0.6%. Compared to July of the previous year, average level of construction costs reduced by 0.1%.

Turnover of retail trade and catering enterprises in Lithuania grew by 7.5% in July

Statistics Lithuania informs that, based on provisional data, in July 2014, the turnover (VAT excluded) of retail trade enterprises* amounted to LTL 2697.3 million; against June, it increased by 7.5% at constant prices (seasonally adjusted – by 0.6%).

Retail of motor vehicles enterprises in Lithuania grew in July, but decreased annually

Over a month in July 2014, the turnover of wholesale and retail trade of motor vehicles enterprises was on the increase, but smaller than in July 2013.

In January-July, cargo turnover in the Baltic Eastern Coast Seaports increased by 4.3%

In January-July 2014, the overall cargo handling in the Baltic Eastern Coast Seaports totalled 122 216 490.8 thou. tn; the year-on-year change is +4,3% or +8 917,1 thou. tn, reports BC Klaipeda port’s press service.

EcoFleet Holding acquired Lithuanian company Altas Informacinės Technologijos

EcoFleet Holding OÜ acquired its former distributor in Lithuania UAB Altas Informacinės Technologijos. EcoFleet's new Lithuanian unit will temporarily be led by Jaanus Truu, the director of EcoFleet's Estonian office.

How to distinguish real estate price from market value?

When industry experts describe real estates, their vocabulary may include legal terms, the meaning of which is sometimes incomprehensible for others involved in the transaction. "If the buyer and the seller of a property are acutely aware of what the "price" is, such terms as "market value" or "c...