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International Internet Magazine. Baltic States news & analytics Wednesday, 24.08.2016, 00:03

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WTO finds Russia’s import ban on EU pork products illegal

WTO finds Russia’s import ban on EU pork products illegal

19.08.2016

Russia's import ban on pork products from the European Union is not legitimate, the World Trade Organization (WTO) decided on Friday, reports LETA.

Keyword tags: Agriculture, Baltic States – CIS, Export, Foodstuff, Russia



SAF Tehnika posts EUR 926,000 profit for last FY

SAF Tehnika posts EUR 926,000 profit for last FY

17.08.2016

In the last fiscal year, which lasted from July 1, 2015 to June 30, 2016, Latvian telecommunication equipment developer and producer SAF Tehnika generated EUR 13.707 million in preliminary consolidated turnover, up 6.6 percent year-on-year, while the group's profit contracted 27.6 percent to EUR 925,900, according to the company's interim report to Nasdaq Riga.

Lithuania's Litana expanding area of operations

Lithuania's Litana expanding area of operations

17.08.2016

Litana, Lithuania's group of metal structure design and construction, is expanding its operations in Sweden and intends to launch production of stainless steel, according to Verslo Zinios daily informations reports LETA/BNS.


Foreign trade turnover decreased by 2.4 % in June in Latvia

Foreign trade turnover decreased by 2.4 % in June in Latvia

09.08.2016

Provisional data of the Central Statistical Bureau (CSB) show that, as compared to May, in June 2016 Latvian foreign trade turnover at current prices decreased by 2.4%, as the exports value of goods declined by 3.1 % and the imports value dropped by 1.8%.

Total grain harvest in Latvia projected at 2.544 mln tons this year

Total grain harvest in Latvia projected at 2.544 mln tons this year

04.08.2016

The total grain harvest this year is expected to reach 2.544 mln tons - which will be certainly a very good harvest, yet not as large as last year's record 3.002 mln tons, as the Agriculture Ministry's Market and Direct Support Department told LETA.


26.07.2016

Latvian forestry exports worth EUR 894.52 mln in five months

During the first five months of this year Latvia exported EUR 894.52 mln worth of forestry industry products, up 5% from the respective period in 2015, the Latvian Agriculture Ministry said, cites LETA.

25.07.2016

Estonian fish processing co to export salmon worth EUR 2.3 mln to Japan

Estonian fish processing company M.V.Wool AS is to export 200 tons of salmon worth around 2.3 million euros to Japan in the second half of 2016, informs LETA/BNS.

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