MarketAnalysis

First-time registration of passenger cars in Latvia down 10.8% in Q1

In January-March 2024 first-time registration of passenger cars in Latvia dropped 10.8 percent year-on-year, with 12,797 automobiles registered for the first time during that period, according to the information from [..]

Estonia’s Omniva reports losses in 2023 – net loss 1.3 million euros

Estonian state-owned postal service and logistics company Omniva Group’s total sales revenue amounted to 131.7 million euros in 2023, which is a 7 percent increase compared to the previous year, [..]

Notarial authentication of real estate transactions down 17 pct in Estonia in 2023

The number of notarial acts performed by notaries in Estonia fell by more than a tenth on year in 2023 and the number of real estate transactions authenticated by notaries [..]

New passenger car market in Latvia grows 10.6% in 2023; most popular – Toyota, Skoda and VW

In 2023, Latvian new passenger car registration rose 10.6 percent against 2022, with 21,146 new vehicles registered, the Latvian Auto Association informed. Registration of new light passenger cars rose 10.4 [..]

Latvian exports of wooden furniture down 22.3% in first 11 months of 2023 – the largest number sold in Denmark

In the first 11 months of 2023, Latvia’s export of wooden furniture decreased by 22.3 percent year-on-year, with the largest number of wooden furniture still sold in Denmark, according to [..]

In next six months, clearer vision on future of Tet and LMT is necessary – Valainis

A clearer vision on the future of the companies Tet and Latvijas Mobilais Telefons (LMT) should be obtained in the next six months, Economic Minister Viktors Valainis (Greens/Farmers) said in [..]

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