Estonia

International Internet Magazine. Baltic States news & analytics Monday, 26.06.2017, 08:19

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Liviko increased its economic success due to Latvian border trade

Liviko increased its economic success due to Latvian border trade

22.06.2017

In 2016, the audited consolidated net turnover of AS Liviko, producer and seller of quality alcohol, was 129.7 mln euros and the company paid 70.6 mln euros in alcohol excise. The audited consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) of AS Liviko group was 5.8 mln euros and the net profit was 4 mln euros. The audited consolidated net turnover of AS Liviko grew by 8% in comparison with 2015, with a net profit of 42%, AS Liviko informed BC.

Keyword tags: Alcohol, Estonia, Latvia, Markets and Companies, Retail



The industrial producer price index in Estonia continued to increase in May

The industrial producer price index in Estonia continued to increase in May

21.06.2017

According to Statistics Estonia, in May 2017, the producer price index of industrial output changed by 0.3% compared to April and by 4.2% compared to May 2016.

The industrial producer price index in Estonia continued to increase in May

The industrial producer price index in Estonia continued to increase in May

21.06.2017

According to Statistics Estonia, in May 2017, the producer price index of industrial output changed by 0.3% compared to April and by 4.2% compared to May 2016.


Nortal issued bonds for 15 million euro to boost expansion

Nortal issued bonds for 15 million euro to boost expansion

21.06.2017

The 15 million euro bond issue of Nortal, the multinational strategic change and technology company, which was fully subscribed by institutional renowned investors, will support the rapid growth of the business and be used for refinancing the existing obligations. Bonds were issued with five-year maturity and 5% coupon rate, Nortal announced.

Connected Baltics and Buildit Hardware Accelerator announce a strategic partnership

Connected Baltics and Buildit Hardware Accelerator announce a strategic partnership

21.06.2017

Connected Baltics OÜ, the exclusive SIGFOX operator in Estonia and Buildit Accelerator, one of the first accelerators in Europe with a focus on physical devices (hardware in combination with software), today announce a new strategic partnership. The partnership will combine Connected Baltics’s IoT nation-wide network coverage and expertise with Buildit Accelerator’s companies to deliver new solutions for increasing IoT market locally and worldwide, Connected Baltics and Buildit Accelerator informed BC.


21.06.2017

Fortum to open 2nd district cooling plant in Tartu

Fortum Tartu AS is about on Thursday to open its second district cooling plant in the south Estonian city of Tartu, built for an investment of 3.5 mln euros, reports LETA/BNS.

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