International Internet Magazine. Baltic States news & analytics
Tuesday, 25.10.2016, 13:16
Estonian defense contractor Threod Systems has won internal security tenders in Greece, Cyprus and Kazakhstan, and plans to start offering its products in Ukraine and Indonesia in the future, according to Eesti Paevaleht reports writes LETA/BNS.
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The Estonian aircraft repair and maintenance company Magnetic MRO has concluded an agreement with the international logistics company Kuehne + Nagel for cooperation in engine logistics, reports LETA/BNS.
Since the Ukraine crisis began, the Baltic countries' orders for new defense equipment have doubled and will double again in the next two years, according to an analysis released by IHS Markit on Thursday writes LETA.
According to Statistics Estonia, in September 2016, the producer price index of industrial output changed by 0.1% compared to August 2016 and by -0.9% compared to September 2015.
Latvia’s Milda KM food processing company has started exports to Australia and has sent the first shipment of canned grey peas to this country, the company’s representative Elina Cape reported LETA.
The Riga Zemgale District Court has launched a legal protection proceeding for Latvia’s Dzintars cosmetics company, according to information published by the Insolvency Register, notes LETA.
The listed Estonian electrical equipment maker Harju Elekter last week acquired Kiinteisto Oy Uutvallinkulma, lessor of premises to its Finnish subsidiary Finnkumu, for 518,000 euros, reports LETA/BNS.