Date: 02.01.2018.

International Internet Magazine. Baltic States news & analytics Wednesday, 24.01.2018, 00:05

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In November, the turnover of retail trade fell by 1% in Estonia

In November, the turnover of retail trade fell by 1% in Estonia

02.01.2018

According to Statistics Estonia, in November 2017, compared to November 2016, the turnover of retail trade enterprises decreased 1% at constant prices. The decrease in turnover was affected the most by enterprises engaged in the retail sales of automotive fuel.

Keyword tags: Analytics, Estonia, Markets and Companies, Retail



Rudnicki takes over as CEO of Orlen Lithuania

Rudnicki takes over as CEO of Orlen Lithuania

02.01.2018

Michal Rudnicki, until recently CEO of Ventus-Nafta, a Lithuanian retail fuel chain owned by Poland's Orlen, has taken over as CEO of the Polish group's Lithuanian crude refining and transportation company Orlen Lietuva, reports LETA/BNS.

Orkla in Latvija focused on long-term relations in existing markets in 2017, exports rose

Orkla in Latvija focused on long-term relations in existing markets in 2017, exports rose

02.01.2018

Orkla Confectionery & Snacks Latvija, the owner of such food brands as Laima, Selga, Staburadze and Adazu Cipsi, in 2017 mostly focused on long-term relations in the existing market, said the company’s spokeswoman Lineta Miksa, cites LETA.


Riga Freeport projects 4% turnover drop in 2018; investments - EUR 50 mln

Riga Freeport projects 4% turnover drop in 2018; investments - EUR 50 mln

02.01.2018

The Riga Freeport plans a 4% turnover drop in 2018, and investments in development are planned at EUR 49.7 million, the port’s representative Vita Gerharde reported LETA.

Lithuania's minimum wage rises to EUR 400 in 2018

Lithuania's minimum wage rises to EUR 400 in 2018

02.01.2018

Lithuania's minimum monthly wage rose by 20 euros to 400 euros on Jan. 1, 2018. The minimum had been last increased in July 2016, from 350 to 380 euros, reports LETA/BNS.


02.01.2018

Forevers meatpacker plans a 5-10% turnover growth in 2018

Latvia’s meatpacker Forevers plans to increase its turnover by 5-10% this year compared to last year, the company’s board member Andrejs Zdans told LETA.

02.01.2018

Achema, LTD agree with Gazprom on gas purchases in 2018

Fertilizer manufacturer Achema, Lithuania's largest single natural gas consumer, and the state-owned gas trading company Lietuvos Duju Tiekimas (Lithuanian Gas Supply, or LDT) in late December signed contracts with Russia's gas giant Gazprom on natural gas purchases in 2018, reports LETA/BNS.

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