Wed, 3 Oct 2012: Estonian retail on rebound…

The growth in retail sales in these stores was partly affected by the deceleration in price growth in food products. While in August 2011, the year-on-year price growth in food was 11 percent, thi...

Wed, 10 Aug 2011: GDP growth expected to continue…

Although retail trade turnover has not increased much, car sales are booming,” said Gaspuitis, adding that commercial activity, the tourism sector and transit also continued to increase. The...

Wed, 11 May 2011: Shoppers continue retail rebound…

In January this year retail sales fell slightly, but in February it turned to a rise again. The growth in retail sales continued also in March. In March, retail sales of goods of retail trade fi...

Wed, 4 Aug 2010: Retail sales stabilizing…

Retail trade of food products slightly decreased, by 0.7 percent, whereas retail trade of non-food products increased by 0.4 percent. Compared to June 2009, retail trade turnover in June this yea...

Wed, 10 Mar 2010: Business profits drop by half…

Agriculture and forestry, as well as accommodation and food service activities, had losses. In 2009, companies sold goods and services worth 502 billion kroons, which was a fifth less than a ye...

Thu, 17 Dec 2009: Major complex to bring shoppers back to center city…

Vetra did not disclose the names of other potential tenants, but admitted that “many companies are showing interest, foreign and local companies alike. Furthermore, rent prices are now relat...

Thu, 12 Nov 2009: ‘Internal Devaluation’ keeps lid on spending…

The largest decreases were observed in retail trade, with activity off 32 percent, manufacturing down by 17 percent and public administration off by 16 percent, reported LETA. Latvia's economic p...

Thu, 14 May 2009: Trade deficits fall in first quarter…

It means that the need for external financing has decreased, but the adjustment internally has to come from the government," SEB Bankas Senior Economist Nerijus Udrenas told The Baltic Times. "Giv...

Sat, 10 Jan 2009: Confidence level lowest since 1992…

The economic confidence index is historically at the lowest level in all member countries of the European Union. The Estonian industrial companies' security indicator was minus 40 in December, th...

Wed, 6 Aug 2008: Latvia leads Euro retail slide…

Lithuania recorded a 3.1% increase. In June 2008, compared with May 2008, the volume of retail trade1 fell by 1.0% among EU member states. In May retail trade increased by 0.9%, possibly marking ...

Wed, 13 Sep 2006: Report: Rimi on expansion trail…

Let me remind you that our main objective is leadership in the Baltic retail trade market," he said. Speculation is focused on Palink as a likely acquisition, but officials from the company were...

Wed, 1 Feb 2006: Lithuanian GDP surges…

In 2004 GDP growth was 7 percent. All key sectors of the economy, with the exception of mining and quarrying, contributed to GDP growth last year, the Statistics Department said. Value-added growt...

Wed, 26 Oct 2005: Citigroup boosts investment in retail trade…

Amber Trust, an equity fund managed by Danske Capital Finland and Firebird, has reportedly co-invested 7.5 million euros in Iki along with Citigroup. Palink will use the money to further expand it...

Wed, 27 Apr 2005: Leader Price stores to make their debut soon…

He added that efforts to develop the Leader Price chain would cover all three Baltic countries. IKI intends to open up to 20 new store outlets in Lithuania and Latvia this year.IKI and Leader Pric...

Thu, 6 Jan 2005: Atria wants all of Valga meat…

At the time Atria stressed that it had wanted to sign similar protocols with small shareholders. Valga Meatpacker controls 15 percent of the market in Estonia. The company also has a share on the ...

Thu, 6 Nov 2003: Kesko flexing muscles in Latvia…

He said that it would become more and more difficult for small players to survive on the retail food market since they cannot afford to work with a wide range of products.Ilga-Sigulda will not fad...
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