Lithuanian GDP increased by 2.7% y/y in Q2, Eurostat announced. Latvia leads the table with growth rate of 4.3% y/y in Q2, while Estonia recorded growth rate of 2.5% y/y in Q2. In q/q terms Lithuanian GDP increased by 0.4% q/q, while Latvian GDP grew by 1.0% q/q and Estonian GDP increased by 0.4% q/q. In y/y terms the EU27 GDP growth rate stood at -0.2% y/y, same as in q/q terms. EA17 GDP growth rate stood at -0.4% y/y and -0.2% q/q. Germany GDP increased by 1.0% y/y in Q2, while in q/q terms it increased by 0.3% q/q. France GDP grew by 0.3% y/y, and remained stable in q/q terms. |
Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more
Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more
Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more