Industry

International Internet Magazine. Baltic States news & analytics Sunday, 21.10.2018, 03:10

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Lithuania's Achemos Grupe fires CEO Sabaliauskas

Lithuania's Achemos Grupe fires CEO Sabaliauskas

17.10.2018

Gintautas Kanapeckas was appointed on Wednesday as chief executive officer of Achemos Grupe (Achema Group), one of Lithuania's biggest business conglomerates, replacing Linas Sabaliauskas, who was fired after less than a year in the job, informed LETA/BNS.

Keyword tags: Industry, Lithuania, Markets and Companies



Latvian imports and exports of forestry products up in eight months 2018

Latvian imports and exports of forestry products up in eight months 2018

15.10.2018

During the first eight months of 2018, Latvia imported 610.964 mln euros worth of forestry products, up 16.5% against the same period a year ago. Latvia exported 1.715 bln euros worth of forestry products, up 14.5% against the same period last year, informs LETA referring to information released by the Agriculture Ministry.

Revenue of Tere, Farmi Piimatoostus dairy group totals 82.2 mln euros

Revenue of Tere, Farmi Piimatoostus dairy group totals 82.2 mln euros

15.10.2018

The revenue of the Estonian dairy group Tere AS and Farmi Piimatoostus AS rose 3.2% or 2.6 mln euros on year to 82.2 mln euros in the first nine months of the year, with export making up 20% of it, informs LETA/BNS.


Industrial production up by 1.0% in euro area Up by 0.8% in EU28

Industrial production up by 1.0% in euro area Up by 0.8% in EU28

12.10.2018

In August 2018 compared with July 2018, seasonally adjusted industrial production rose by 1.0% in the euro area (EA19) and by 0.8% in the EU28, according to estimates from Eurostat, the statistical office of the European Union.

Est-For seeking extra time to decide about pulp mill project

Est-For seeking extra time to decide about pulp mill project

10.10.2018

Est-For Invest, whose plan to set up a one bln euro pulp mill in the region of the southern city of Tartu failed due to public opposition, has sought more time to come up with its arguments against the termination of the national designated spatial plan as it is in negotiations with several municipalities on an alternative location for the plant, informs LETA/BNS.


04.10.2018

Agency forecasts stronger-than-expected growth in exports of Lithuanian-origin goods

Enterprise Lithuania has revised upwards its forecast for growth in exports of Lithuanian-origin goods in 2018, but lowered its projection for growth in re-exports, informs LETA/BNS.

04.10.2018

In August, industrial output grew by 6.5% in Latvia

Data compiled by the Central Statistical Bureau (CSB) show that, compared to August 2017, in August 2018 industrial production output1 increased by 6.5% (according to calendar adjusted data at constant prices). Production output rise was recorded in manufacturing (of 3.9%), mining and quarrying (1.5%), and electricity and gas supply (16.9%). Output growth in the energy sector was influenced by the increase in production of electricity in combined heat and power plants and consumption of gas.

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