Industry

International Internet Magazine. Baltic States news & analytics Sunday, 05.07.2020, 20:36

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Number of poultry kept by Balticovo reached 3.1 mln in 2020

Number of poultry kept by Balticovo reached 3.1 mln in 2020

02.07.2020

The number of poultry kept by egg and egg product producer Balticovo has reached 3.1 mln this year, compared to 2.8 million poultry places last year, Toms Auskaps, Director of Communication and Development at Balticovo, told LETA.

Keyword tags: Foodstuff, Good for Business, Industry, Latvia, Markets and Companies



On 26 June BLRT Grupp shipped to Stockholm last sections of railway bridge

On 26 June BLRT Grupp shipped to Stockholm last sections of railway bridge

30.06.2020

The last two sections of the railway bridge, manufactured by the BLRT Grupp's subsidiary Marketex Offshore Constructions, have been shipped to Stockholm four days before the contract date. The weight of the structures shipped to the installation site is 1,500 tons, the length is about 220 meters. The unique operation of lading the bridge on the barge has been performed by the Dutch company Sarens.

Braziulis appointed CEO of Lithuania's Achemos Grupe

Braziulis appointed CEO of Lithuania's Achemos Grupe

27.06.2020

Kastytis Braziulis, 57, has been appointed CEO if Achemos Grupe (Achema Group), one of the largest business groups in the country. He will replace Giedrius Jakubauskas, who has served less than a year, after the latter was recalled from the position, reported LETA/BNS.


In May level of producer prices in industry reduced by 0.8% in Latvia

In May level of producer prices in industry reduced by 0.8% in Latvia

19.06.2020

Data of the Central Statistical Bureau (CSB) show that, compared to April, in May 2020 level of producer prices in Latvian industry fell by 0.8%. Prices of products sold on the domestic market dropped by 1.2% and prices of exported products by 0.5%. Prices of products exported to euro area countries fell by 1.2%, whereas prices of products exported to non-euro area countries rose by 0.1%.

Valmieras Stikla Skiedra fiberglass company sells its US plant to Saint-Gobain

Valmieras Stikla Skiedra fiberglass company sells its US plant to Saint-Gobain

03.06.2020

Latvia's Valmieras Stikla Skiedra fiberglass company has sold the plant of its US subsidiary Valmiera Glass USA Corp. to Saint-Gobain Adfors America, Inc. for USD 17.5 mln, according to a statement to Nasdaq Riga.


03.06.2020

In April, industrial production output in Latvia fell by 9.2%

Data compiled by the Central Statistical Bureau (CSB) show that,compared to April 2019, in April 2020, industrial production output1 dropped by 9.2% (according to calendar adjusted data at constant prices). The decline was due to the output reduction in manufacturing (of 9%), mining and quarrying (8.7%), as well as electricity and gas supply (10.8%).

03.06.2020

Mestilla invests 6M EUR in used cooking oil processing project in Klaipeda

Mestilla, a biodiesel manufacturer operating in the Klaipeda Free Economic Zone, plans to start making biofuel out of used cooking oil (UCO) collected in Lithuania, starting by the end of 2021. This is the company’s way to contribute towards a cleaner environment, circular economy, and the reduction of imported fossil fuel dependency. Around 6 mln EUR will be invested in the project.

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