International Internet Magazine. Baltic States news & analytics
Monday, 10.03.2014, 19:16
Ilmar Kompus, the new owner of the Baltic News Service (BNS) news agency and media monitoring group, says that he is the actual owner of the company, and he did not buy it in anyone else's interest, informs LETA.
Keyword tags: Baltic, Estonia, Latvia, Legislation, Markets and Companies
In January of 2014 the performance of the Freeport of Riga was much better than in January 2013 – total cargo turnover increased by 13,2%, reaching 3,23 million tons. The result is outstanding compared to other Baltic ports: there was a considerable turnover decline in Ventspils – 3,4%; Klaipeda –15,3%; Butinge – 49,9%; Liepaja – 31,9%, with the only exception – Tallinn had positive growth (+ 0,2%), reports BC Riga port’s press service.
Already for the third year in a row average wages and salaries are growing evenly and since 2012 have exceeded level of pre-crisis average indicator in Latvia. Latest data compiled by the Central Statistical Bureau of Latvia show that in 2013 average monthly gross wages and salaries in Latvia, compared to 2012, increased by 4.6% from 685 euros (481 lat) to 716 euros (503 lats).
Today through March 2, the international book and publishers exhibition "Baltic Book Fair 2014" is held at Kipsala Exhibition Hall in Riga, bringing together authors, translators, publishers and readers, exhibition organizer BT1 informs, cites LETA.
Estonian fashion and retail concern Baltika informed the Tallinn stock exchange that its net profit was 102,000 euros in 2013, versus 805,000 in 2012, reports LETA.
The Estonian casino operator Olympic Entertainment Group (OEG) informed the Tallinn stock exchange that the group’s consolidated net profit attributable to equity holders of the parent company for the 12 months of 2013 totalled EUR 25.7 million compared to EUR 24.2 million a year ago, meaning an increase of 6.2%, informs LETA.
Retail trade company Rimi Baltic turned over EUR 322 million in the fourth quarter of 2013, a 5.2% increase on the respective period in 2012, according to an announcement by Rimi Baltic parent company ICA Gruppen, cites LETA.