Industry

International Internet Magazine. Baltic States news & analytics Tuesday, 11.12.2018, 02:57

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Turnover of Lielzeltini poultry farm fell 9.3% last FY

Turnover of Lielzeltini poultry farm fell 9.3% last FY

10.12.2018

Latvia’s Lielzeltini poultry farm turned over EUR 33.642 mln last fiscal year, which lasted from July 1, 2017 to June 30, 2018, down 9.3% from a year ago, while the company’s profit shrank 82% to EUR 182,950, according to information available at Firmas.lv writes LETA.

Keyword tags: Agriculture, Foodstuff, Industry, Latvia, Markets and Companies



In October, industrial production output in Latvia fell by 1.9%

In October, industrial production output in Latvia fell by 1.9%

05.12.2018

Data compiled by the Central Statistical Bureau (CSB) show that, compared to October 2017, in October 2018 industrial production output1 reduced by 1.9 % (according to calendar adjusted data at constant prices). The decline was caused by the output reduction in electricity and gas supply (of 17.7%), however rise was recorded in manufacturing (of 3.3%) and mining and quarrying (of 6.3 %).

Estonia: Volume of industrial production grows 2% on year in October

Estonia: Volume of industrial production grows 2% on year in October

04.12.2018

According to Statistics Estonia, in October 2018, the production of industrial enterprises increased by 2% compared to October 2017. Production increased in manufacturing and energy, but decreased in mining.


Turnover of Latvia's RER electric equipment maker grows 27.6% in nine months

Turnover of Latvia's RER electric equipment maker grows 27.6% in nine months

30.11.2018

Rigas Elektromasinbuves Rupnica (RER), which makes electric equipment for trains, turned over EUR 27.399 mln in the first nine months of this year, which is 27.6% more than in the same period a year ago, according to the company's statement to Nasdaq Riga.

Grindex pharmaceutical company raises sales 7% in nine months

Grindex pharmaceutical company raises sales 7% in nine months

30.11.2018

Latvia’s Grindex concern in the first nine months of this year generated EUR 102.4 mln in sales, up 7 % y-o-y, while the group’s unaudited profit increased 17 % to EUR 7.6 mln, according to the unaudited consolidated financial statement submitted to the Nasdaq Riga stock exchange.


30.11.2018

Lithuania's Danspin plans expansion, new production workshops

As yarn production companies are closing down or going bankrupt in Europe, Lithuania's Danish-capital producer Danspin is considering building new production shops, despite its production volumes dropping around 10% due to Brexit, according the Verslo Zinios daily writes LETA/BNS.

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