Latest Lithuanian Economic Outlook
Latest market analyses and forecasts show that although Lithuania will experience a soft landing, the country demontrates the best economic figures among the Baltic States and is the most attractive Baltic country for foreign investors.
The EU Economic and Monetary Affairs Commissioner Joaquin Almunia has recently stated that today Lithuania performs best among [...]

Prices for consumer goods and services in May grew by 0.8 per cent
Statistics Lithuania informs that prices for consumer goods and services in May 2008 as compared with April grew by 0.8 per cent.
The diagram presents monthly changes in prices for consumer goods and services as compared with the previous month.

In May 2008, the most [...]

In May, loan growth continued at a moderate pace
In May, the corporate and household loan and leasing stock in Estonia increased 2.9 billion kroons, i.e., 1.1%. The annual growth of loan and leasing portfolio declined to 21% in May, compared with 23% in April.
Corporate and household deposits increased in May 1.1 billion kroons, i.e., 1%. [...]

Over 2200 new workplaces may be created in Ujazd

(Clause Faure - President of the FM Logistic Supervisory Board)

French concern FM Logistic is to build a logistic base in the Ujazd Business Activity Zone (SAG). The foundation stone lying ceremony, in the presence of the concern’s and local self-government representatives, took place on June 19.
The building [...]

Microsoft plans to open development center in Estonia in fall
TALLINN - The software giant Microsoft is setting up a development center in Estonia which it hopes together with partners to open in the fall and which could enable local information technology companies to earn billions of kroons, the daily Postimees says.
A year should show whether [...]

16th anniversary of the re-introduction of the kroon
Eesti Pank introduced a collector banknote dedicated to the 90th anniversary of the Republic of Estonia and the 16th anniversary of the re-introduction of the kroon.
The design of the new collector banknote is based on the current and the pre-war 10 kroon banknote. The front side of the [...]

Fish-processing plant in Koszalin to expand its activity
Royal Greenland Seafood, the biggest and most modern fish-processing plant in Europe, has been operating in Koszalin for some time now. Thanks to the investment 250 workplaces had been created and the ultimate staff number at the plant is to reach 700.
Royal Greenland Seafood replaced the former Koszalin [...]

Polish Information and Foreign Investment Agency website in Korean

On Jun. 2008 a Korean version of the Polish Information and Foreign Investment Agency website www.paiz.gov.pl. was launched.
The Korean version of the website was launched due to the unflagging interest of Korean companies and media in the PAIiIZ’s offer. Among the Korean investors already present in Poland [...]

Risks to the financial system are continuously low
Recent indicators confirm that the adjustment of the Estonian economy has continued in the first half of the year. The slowing economic growth is primarily related to declining domestic demand, which reflects the increased caution of households in both the acquisition of real estate and everyday expenditure and [...]

Poland outpaced only by Slovakia in GDP growth – OECD reports
Economic growth in Poland reached 6%, real GDP in the last two years has grown faster than in almost all other OECD countries – experts from the The Organization for Economic Co-operation and Development (OECD) inform in the 10th Economic Survey of Poland 2008.
Poland’s economy [...]