International Internet Magazine. Baltic States news & analytics
Monday, 24.04.2017, 10:19
The budget of the Lithuanian government sector was surplus in 2016, according to preliminary estimates. Economist Gitanas Nauseda says this was the first time in 26 years when the sector's revenue exceeded the spending, citing LETA/BNS.
Keyword tags: Analytics, Budget, Financial Services, Lithuania
Putnu Fabrika Kekava (Kekava), Latvia’s largest poultry meat producer, plans to invest around EUR 6-7 mln in development next fiscal year, which will last from July 1, 2017 to June 30, 2018, the company’s CEO Andrius Pranckevicius told LETA
Orkla Foods Latvija that owns Spilva and Gutta brands last year generated EUR 29.9 mln in sales, while the group's profit amounted to EUR 2.2 mln, the company reported LETA.
Lithuania's State Tax Inspectorate has launched a thorough scrutiny of companies and shareholders of Vilniaus Prekyba (Vilnius Trade) group and MG Baltic concern. The decision was taken in light of a proposal from the inspectorate's task force, which had analyzed earlier checks of the operations of both groups, to apply the strictest form of control – integrated tax inspections, the inspectorate said LETA/BNS.
The Integration and Migration Foundation of Estonia is about to launch an information campaign for linguistic diversity, aimed at bringing together Russian-speaking employees and public sector employers, writes LETA/BNS.
Irish airline Cityjet is planning to establish a plane base in Estonia which would be used to service SAS flights, according to the Danish news portal Borsen reported informs LETA/BNS.
Latvian companies making donations to public benefit organizations to get tax incentives also after reform
The companies making donations to public benefit organizations will be entitled to tax incentives also after the proposed reform of corporate income tax, the Finance Ministry spokesman, Aleksis Jarockis, said LETA.