Date: 23.05.2018.

International Internet Magazine. Baltic States news & analytics Wednesday, 20.06.2018, 16:02

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New rules for organic farming: a new Regulation is on the way

New rules for organic farming: a new Regulation is on the way

23.05.2018

After the Council approved the Regulation draft for the organic farming in the member states, the Commission made a statement concerning modernisation of the sector and the harmonisation of rules covering organic production both within the EU and in non-EU countries. Once adopted, the new rules will enter into force in January 2021. The Baltic States agro-policy shall take this trend seriously.

Keyword tags: Agriculture, EU – Baltic States, Legislation, Markets and Companies, Modern EU



In April, industrial production decreased by 7.8% in Lithuania

In April, industrial production decreased by 7.8% in Lithuania

23.05.2018

Statistics Lithuania informs that in April 2018, based on provisional data, industrial production totalled EUR 1.58 billion at current prices and, compared to March, seasonally and calendar adjusted, decreased by 7.8% at constant prices (unadjusted – by 16%).

Fixed part of mandatory purchase component of electricity price to decrease by 27% in Latvia

Fixed part of mandatory purchase component of electricity price to decrease by 27% in Latvia

23.05.2018

As of July 1, the fixed part of the mandatory purchase component (MPC) of the electricity price will decrease by 27%, LETA was told at the Public Utilities Commission (regulator).


Transocean Eesti becomes Baltic representative of Japanese ONE

Transocean Eesti becomes Baltic representative of Japanese ONE

23.05.2018

Estonian logistics company Transocean Eesti OU has entered into a representation agreement with Japanese container transport company Ocean Network Express Pte. Ltd. (ONE) for representing the latter in the Baltic countries, informs LETA/BNS.

In April, level of producer prices in Latvian industry increased by 0.6%

In April, level of producer prices in Latvian industry increased by 0.6%

23.05.2018

Data of the Central Statistical Bureau (CSB) show that, compared to March, in April 2018 level of producer prices in the Latvian industry rose by 0.6%. Prices of products sold on the domestic market went up by 1.0% and prices of exported products by 0.3%. Prices of products exported to euro area countries grew by 1.1%, whereas prices of products exported to non-euro area countries fell by 0.4%.


23.05.2018

EU discussions on American LNG good for Lithuania

Discussions in the European Union on further opening up its market to American liquefied natural gas could allow consumers to expect a drop in gas prices in the long-term but it too soon to speak about any specific decisions, a Lithuanian diplomat says, cites LETA/BNS.

23.05.2018

OSO Factory planning shale oil factory in Estonian East-Viru County

OU OSO Factory, a company founded one and a half years ago, is planning a shale oil factory on the border of the towns of Johvi and Kohtla-Jarve in East-Viru County in northeastern Estonia that would use up the fine oil shale that is created as a byproduct of the crushed stone produced from oil shale waste rock, the regional daily Pohjarannik reports, cites LETA/BNS.

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