Industry

International Internet Magazine. Baltic States news & analytics Sunday, 17.02.2019, 22:35

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Industrial production down by 0.9% in euro area

Industrial production down by 0.9% in euro area

15.02.2019

In December 2018 compared with November 2018, seasonally adjusted industrial production fell by 0.9% in the euro area (EA19) and by 0.5% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In November 2018, industrial production fell by 1.7% in the euro area and by 1.2% in the EU28.

Keyword tags: Analytics, EU – Baltic States, Industry, Statistics



SAF Tehnika Group posts EUR 490,000 loss in six months of 2018/2018 FY

SAF Tehnika Group posts EUR 490,000 loss in six months of 2018/2018 FY

13.02.2019

Latvian telecommunications equipment maker SAF Tehnika closed the first six months of the 2018/2019 financial year with EUR 490,000 in loss, according to the company’s statement to the Nasdaq Riga stock exchange reported LETA.

Rigas Piensaimnieks dairy plans to invest EUR 1.004 million in specialized transport

Rigas Piensaimnieks dairy plans to invest EUR 1.004 million in specialized transport

11.02.2019

igas Piensaimnieks dairy company, which is a part of Food Union group, plans to invest EUR 1.004 mln in specialized cargo transport with refrigerators, according to the information published on the internet website of Procurement Supervision Bureau writes LETA.


Lithuania's Icor ploughs EUR 15 mln into meter production, to invest another EUR 20 mln

Lithuania's Icor ploughs EUR 15 mln into meter production, to invest another EUR 20 mln

08.02.2019

Axioma Metering, a company of the Icor Group, opened a 15-mln-euro water and heat metering device production facility in the Kaunas free economic area on Friday, with plans to invest another 20 mln euros in a second factory n an adjacent site within three years, informed LETA/BNS.

Manufacturing sector expects tighter competition in export markets

Manufacturing sector expects tighter competition in export markets

06.02.2019

In the first half of 2018, weak capacity on the supply side, i.e. insufficient investment and labour shortage, was the main obstacle to manufacturing growth constraining the production output. With higher uncertainty in external markets in the second half of 2018, the economic growth moderated in several euro area countries giving reason to expect tighter competition in those export markets.


05.02.2019

In 2018, industrial production output grew by 2 %

Data compiled by the Central Statistical Bureau (CSB) show that, compared to 2017, in 2018 industrial production output increased by 2% (according to calendar adjusted data at constant prices). In mining and quarrying industrial production output rose by 4.3%, in manufacturing by 3.4%, while in electricity and gas supply there was a decrease of 1.9%.

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