EconomyRokiskio Suris, one of the biggest dairy groups in Lithuania, posted 89.168 million euros in first-half revenue, down, 12.8% from the same period last year. Wind turbines with blades made of glass fiber reinforced materials produced in Lithuania generate a great deal of electricity in the North Sea. A fund operated by French investment company Corum Asset Management is buying a store in Vilnius from the owner of Latvia's DIY store chain Depo, real estate services company Colliers International, which acted as a transaction intermediary, announced on Friday. The supervisory board of Swedbank has appointed Jens Henriksson as its president and CEO, Henriksson is to assume office as soon as possible. Lithuania's average wholesale electricity market price edged down by 1 percent last week to 47.84 euros per megawatt-hour (MWh), Elektrum Lietuva said. In July 2019, based on provisional data, industrial production totalled EUR 1.96 bn at current prices and, compared to June, seasonally and calendar adjusted, increased by 1.2% at constant prices (unadjusted – 2.3%). Over July, the turnover of retail trade enterprises decreased by 0.2% in Lithuania2019-08-28, 18:51Based on provisional data, in July 2019, the turnover (VAT excluded) of retail trade enterprises amounted to EUR 1 bn 70 mln at current prices, and against June 2019, seasonally and calendar adjusted, decreased by 0.2% at constant prices. Lithuania's state, municipalities receive EUR 190 mln in unplanned revenue in Jan-Jul2019-08-22, 14:07Lithuania's state and municipal budgets received 6.247 bn euros in revenue in January-July, 3.1%, or 189.8 mln euros, more than it was planned, and 2.7 % more than a year ago. Danske to service Estonian corporate customers' credit agreements via Lithuanian branch2019-08-21, 14:57Following the decision to close down Danske Bank's banking activities in Estonia, an agreement to transfer all lending activities for business customers has been signed between the Danske Bank A/S branches in Estonia and Lithuania. Estonia and Lithuania saw their exports grow in the first half of 2019 compared with the same period last year, while Latvia's exports remained on the level of the first half of 2018. |
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