The Baltics Today

Posts under ‘The Baltics’

Estonian government adopts amendments to 2017 state budget

Estonian government adopted changes to the 2017 state budget on Thursday, according to which the day-to-day expenses of ministries and other institutions will change, while the total volume of expenditures and income will remain the same, reports LETA/BNS.

Ikea investing in furniture production expansion in Lithuania

Ikea Industry Lietuva, a Lithuanian chipboard and furniture manufacturer that is part of Sweden's furniture group Ikea, is investing in a new furniture factory with plans to double its production capacity and create 20 new jobs, informs LETA/BNS.

EU Commission wants mandate from member states for Nord Stream 2 negotiations

The European Commission is to ask a mandate from the member states for negotiation with Russia on the topic of the Nord Stream 2 gas pipeline, European Commission vice-president for energy union Maros Sefcovic said in an interview to the Aktuaalne Kaamera newscast of the public broadcaster ERR on...

Number of insolvencies in Latvia, Estonia drops in 2016

The number of company insolvencies in Latvia and Estonia dropped in 2016, while in Lithuania this number rose, writes LETA, according to representatives of credit risk insurer Coface, citing the latest data.

Estonia taking 1st step toward water-related cooperation with China

Estonia hopes to tap into new opportunities to be opened up by cooperation with China in the areas of water supply and water management, Estonia's Environment Minister Siim Kiisler said, cites LETA/BNS.

Investments in commercial real estate in Baltics total EUR 511 mln in H1

Investments in commercial real estate in the Baltic states totaled EUR 511 million in the first half of 2017, remaining roughly the same compared to the same period in 2016, according to the latest Baltic States Investment Market Overview published by Colliers International (Colliers) commercial ...