In November 2021, the turnover of retail trade enterprises was 808 million euros, data from Statistics Estonia showed. Compared to November 2020, turnover increased by 14% at constant prices. Johanna Linda Pihlak, analyst at Statistics Estonia, said turnover increased in grocery stores, in stores selling manufactured goods as well as in enterprises engaged in the…
Foreign investors have approached the Lithuanian government about pressure they receive from China, Economy Minister Ausrine Armonaite has said. “We have received an appeal from an association of German businesses, addressed to the foreign minister and myself. We are in regular and direct contact with investors. These concerns were expressed to us some time ago,”…
In 2021, the Criminal Police Department for Suppressing Money Laundering uncovered 107 economic and corruption-related crimes, the Interior Ministry’s press service reported. “Of these, 25 materials have been sent to court, more than 90 cases are being investigated, 14 citizens are under arrest and 21 people have been handed notices of suspicion of committing a…
The Cabinet of Ministers has approved the strategy for reforming the public finance management system for 2022-2025, the Finance Ministry’s press service has reported. “An order “On the approval of the strategy for reforming the public finance management system for 2022-2025″ was adopted at a government meeting on December 29, 2021. The Finance Ministry drew…
In November, the average nominal salary in Ukraine stood at UAH 14,300, up 2.4-fold from the minimum wage. It increased by 19.2% against November 2020, while real wages were up by 8%. Compared to October, the average salary in November rose by 1.7%, the Ministry of Economy reported. “Despite the introduction of additional quarantine restrictions…
Tallink Grupp says its Tallinn-Helsinki route shuttle vessel Megastar will go for its first regular dry-docking since the vessel first started operating on the route in January 2017 to Naantali shipyard in Finland in January 2022. The vessel will be in the dock for technical maintenance on January 11-16, 2022. During the docking the vessel…
From March 2022 onward the heating tariff of JSC Rigas siltums may increase by another 6.7%, according to the official entry in the Latvian Herald. From November 1 clients of JSC Rigas siltums pay 66.76 EUR/MWh for heating energy. From March 2022 the price will be 71.22 EUR/MWh. According to JSC Rigas siltums, tariff changes…