CorporateProfits

Thirteen Lithuanian companies reported net profits of over EUR 100 million last year (media)

Thirteen Lithuanian companies crossed the symbolic threshold of 100 million euros in profit last year, while another 12 posted profits between 50 million and 100 million euros, with most reporting [..]

The Right: Taxing corporate profits could undermine Estonia’s e-residency revenue

Estonia’s successful e-residency program, which brought 64.3 million euros in tax revenue to the state budget last year, could be severely impacted by the introduction of a corporate profit tax, [..]

Estonia’s Elektrilevi increasing network fees despite high profits

Estonia’s state-owned power distribution network operator Elektrilevi announced a significant increase in network charges, despite the company generating substantial profits, and the needs for the additional funds remain unclear, Postimees [..]

Latvenergo’s profits already being used for benefit of residents – politicians

A part of Latvenergo’s profit, which is transferred to the state budget, goes back to the benefit of residents and entrepreneurs, Minister of Economy Viktors Valainis (Greens/Farmers) told members of [..]