International Internet Magazine. Baltic States news & analytics
Friday, 09.12.2016, 02:02
he Estonian National Audit Office says in its fresh audit regarding foreign investments of the state-owned energy company Eesti Energia that although generally everything is correct, the company as well as the Ministry of Economic Affairs and Communications should have considered the Utah project investment more and in the future major projects should be developed with the smallest possible risks and expenses and carried out in stages, reports LETA/BNS.
Keyword tags: Baltic Export, Energy, Energy Market, Estonia, Financial Services, USA
Latvia’s Grindex pharmaceutical company plans to invest up to EUR 4 mln in development next year, the company reported to Nasdaq Riga stock exchange.
Estonia's cheap labor advantage compared with West Europe as well as quality advantage compared with East Europe are gone and therefore an action plan is needed, 40 companies focused on export find in a survey carried out by KPMG Baltics.
FL Technics, an aircraft maintenance, repair and overhaul (MRO) services company that is part of the Lithuanian-owned, Warsaw-listed aviation group Avia Solutions Group (ASG), has opened an airplane servicing center in the airport of Indonesia's capital Jakarta, informed FL Technics representative.
The Latvian beverage producer Cido Grupa has launched juice exports to the United Arab Emirates this year, thus expanding the assortment of products which is being exported to this region, the company's spokeswoman Inese Lielpinka told LETA.
New service of online shipping quote, order and tracking for aircraft parts was launched this week by aircraft spare parts and repair capabilities marketplace Locatory.com. Users of Locatory.com platform will receive one more solution to optimize procurement process by offering integrated online solution for parcels shipment in few easy steps from quote to order, Locatory.coms`s representative informed BC.
Latvia’s Dobeles Dzirnavnieks grain processing company in the future plans to increase exports to Scandinavia, the company’s board chairman Kristaps Amsils told LETA.
Latvia’s Dobeles Dzirnavnieks grain processing company plans to return the investments made in the new cereal plant in 5-7 years, the company’s board chairman Kristaps Amsils told BC.
The Estonian Finance Ministry and the software company AS Nortal have signed a cooperation agreement based on which Estonia's practices of tax collection and administration of public finances will be showcased in the Gulf states, reports LETA/BNS.
Sprats and other fish products from Latvia and Estonia could return to the Russian market sometime after the new year, the Russian Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) informed Interfax writes LETA.
Latvijas Piens dairy company has invested EUR 20,000 to add to its Trikata product line a new innovative product - protein drink ProCapsul, the company informed LETA.
Latvia’s Dzintars cosmetics company plans to develop a new communications and marketing strategy, the company’s board chairman Ilja Gercikovs told LETA.
Latvian cosmetics company Dzintars is working on its plan for the legal protection process, and, at the same time, is developing exports to China, the company’s board chairman Ilja Gercikovs told LETA.
.Vilkyskiu Pienine, a leading dairy group in Lithuania, posted growth in sales revenue for January through October 2016 thanks to rising prices for dairy products in export markets, writes LETA/BNS.
In the first nine months of this year, Valmiermuizas Alus brewery doubled its sales in Estonia and is now planning to start shipping beer to Finland by the end of 2016, the company's co-owner and management board member Aigars Rungis told LETA.