Baltic Business

WEEK 32nd 2003

Friday, 8th of August, 2003

Volume of manufacturing industry grows
 According to the data provided by the Central Statistical Bureau, in June 2003, the volume of production of the manufacturing industry has increased by 8.6% if compared to the respective time period last year.
(Dienas Bizness)

Thursday, 7th of August, 2003

Ahead of all Europe
According to the information provided by the statistical agency Eurostat, the Baltic States have had the largest growth of the GDP among the countries of the Central and the Northern Europe in Q1 of 2003. In the first place is Lithuania, leaving Latvia with a growth of 8.8% in the second, and Estonia – in the third.
(Vesti Segodnja) 

Wednesday, the 6th of August, 2003

Collect more taxes
In the first seven months of this year, the State Revenue Service has collected in taxes LVL 1027.3 million, which is an increase of 10.6% or LVL 98.7 million if compared to the respective time period last year.
(Lauku Avize)

Tuesday, 5th of August, 2003

Good living
In the first six months of this year, the volume of the loans given to private entities for a purchase of a real estate has increased by 42.8% or LVL 101.612 million reaching LVL 339.193 million by the end of June. Hansabanka has given the most of these loans or LVL 79.515 million, which is an increase of 26.7% or LVL 16.768 million if compared to the end of the last year.
(Vesti Segodnja)

Monday, the 4th of August

Economic activity increases
According to the Ministry of Economy, the economic activity index in Latvia has increased in the month of June, as comparative prices increased by 9.6%. All ratings included in the index rose, particularly, retail trade and industrial development.

Monday, 28th of July, 2003

Ventspils Nafta keeps in plusses
During the first six months of the current year, the biggest terminal in Latvia, Ventspils Nafta, has transported 6.5 million tons of oil and oil products, which is 2.8 million tons less than that period a year earlier. Nevertheless, the company's management continues to be optimistic and recognise results of the first half a year to be successful, as the profit is still positive.

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