International Internet Magazine. Baltic States news & analytics
Thursday, 19.04.2018, 16:35
Turnover of Baltika's Latvian operation flat in 2017
20.02.2018Baltika Latvija, Latvian subsidiary of the listed Estonian garment manufacturer and seller Baltika, has posted a turnover of 10.078 million euros for 2017, down 0.8 percent from the year before, informs LETA/BNS.
Keyword tags: Baltic, Latvia, Markets and Companies, Textile
Apranga raises 2017 turnover by 4%
04.01.2018Apranga, the largest Baltic clothing retailer controlled by MG Baltic concern, posted 222.9 million euros (including VAT) in turnover in 2017, which is an increase by 4% year-on-year, informs LETA/BNS.
Owner of Ilves-Extra launches new sports clothing manufacturer in Estonia
05.12.2017Gerhard Eberle, owner of the now-bankrupt manufacturer sports clothing Ilves-Extra, has established a new company in the same field of business titled ISC International in the south Estonian city of Tartu, Tartu Postimees said, cites LETA/BNS.
Apranga ups 9-months profits by 33%
30.10.2017Apranga, the largest Baltic clothing retailer controlled by MG Baltic concern, posted a consolidated profit of 10.522 million euros in the first nine months of 2017, up by 32.9%, from 7.918 million euros, year-on-year, the company said via the Nasdaq Vilnius stock exchange, cites LETA/BNS.
Baltic sales of Apranga grew by 3.6% in 9 months
02.10.2017Sales of the listed Lithuanian clothing company Apranga Group on the Estonian market increased 8% on year in the first nine months of 2017. The group's retail sales in the three Baltic countries totaled 159.4 million euros in the nine-month period, which represents an increase of 3.6% over the year, informs LETA/BNS.
Germany's Visiotex coming to Kaunas
Germany's technical textiles company Visiotex, which is known for its innovations, is readying to invest in Lithuania's second-largest city Kaunas, Verslo Zinios business daily said, cites LETA/BNS.
H&M to open up shop in Jelgava
Swedish clothing manufacturer and retailer Hennes & Mauritz (H&M) is planning on opening a shop in Jelgava, H&M representative in Latvia Sanita Kalnina told LETA.
“Knowing entrepreneurship”: challenges for the Baltics’ authorities 
