Baltic Export

International Internet Magazine. Baltic States news & analytics Wednesday, 20.06.2018, 14:34

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Management, producers, foreign partner buying Lithuanian plant from Hochdorf

Management, producers, foreign partner buying Lithuanian plant from Hochdorf

20.06.2018

Hochdorf Baltic Milk, a loss-making Lithuanian producer of milk protein, has been acquired from its Swiss owner Hochdorf Group by the company's management and several Lithuanian milk producers, and an undisclosed foreign investor is set to join in later, informs LETA/BNS.

Keyword tags: Baltic Export, Legislation, Lithuania, Markets and Companies, Mergers and take-overs



Kekava poultry farm starts supplying products in Sweden

Kekava poultry farm starts supplying products in Sweden

18.06.2018

Kekava poultry farm has started delivering products to retail chains in Sweden, the company’s representatives reported LETA.

Marijampoles Pieno Konservai exported to China for first time

Marijampoles Pieno Konservai exported to China for first time

18.06.2018

Marijampoles Pieno Konservai, one of the largest milk processing companies in Lithuania, exported to China for the first time in 2017, informs LETA/BNS.


Vilkyskiu dairy slowly making headway in China's market

Vilkyskiu dairy slowly making headway in China's market

12.06.2018

Vilkyskiu Pienine, which was the first Lithuanian dairy to launch exports to China in early 2017, has not dropped plans to gain a foothold in the giant market, but acknowledges that the process has been slow, reports LETA/BNS.

Swedbank names timber, grain, machines and mechanic equipment as main drivers of Latvian exports

Swedbank names timber, grain, machines and mechanic equipment as main drivers of Latvian exports

12.06.2018

In April 2018, Latvian exports were driven primarily by timber and timber products, grain products, as well as machinery and mechanical equipment, Swedbank’s senior economist Agnese Buceniece told LETA.


11.06.2018

In April, foreign trade turnover in Latvia rose by 13%

Provisional data of the Central Statistical Bureau (CSB) show that in April 2018 the foreign trade turnover of Latvia amounted to EUR 2.13 billion, which at current prices was 13.0% more than in April 2017, of which the exports value of goods was 15.3% and imports value of goods was 11.0% higher. In April, Latvia exported goods in the amount of EUR 985.9 million but imported – in the amount of EUR 1.14 billion. Compared to April 2017, foreign trade balance has improved as exports in total foreign trade amount increased from 45.3% to 46.3%.

11.06.2018

In April, the exports increased by 16% and imports by 13% in Estonia

According to Statistics Estonia, in April 2018, the exports of goods increased by 16% and imports by 13% compared to April 2017. The growth in trade in April of this year was broad-based, with increased exports and imports in both mineral products and mechanical appliances.

11.06.2018

The foreign trade deficit of Lithuania amounted to EUR 0.26 bln in April

Statistics Lithuania informs that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in April 2018 amounted to EUR 2.07 billion, imports – EUR 2.33 billion. Exports of goods of Lithuanian origin amounted to EUR 1.18 billion. The foreign trade deficit of Lithuania amounted to EUR 0.26 billion.

01.06.2018

Brivais Vilnis sees 23.9% turnover rise in Q1

Latvian fish cannery Brivais Vilnis in the first quarter of this year posted EUR 1.717 million in sales, up 23.9% year -on-year, while the company’s loss was cut by 43.1% to EUR 158,841, writes LETA, according to the company’s report to Nasdaq Riga.

01.06.2018

Olainfarm posts EUR 3.114 mln in Q1 profit

Latvia’s Olainfarm pharmaceutical company in the first quarter of this year posted EUR 3.114 million in net profit, down 15% from the respective period a year ago, the company said in a report to Nasdaq Riga, cites LETA.

25.05.2018

Lithuania sees China as a priority food product export market

Prime Minister Saulius Skvernelis says that Lithuania is ready to continue its cooperation with China and sees the world's largest country by population as one of its key agricultural and food product export markets, reports LETA/BNS.

21.05.2018

Exports grew in all Baltic states in Q1

Exports grew in all three Baltic states in the first quarter of 2018, the latest Eurostat figures show, cites LETA/BNS.

18.05.2018

Swedbank: Estonia has boosted its export market share in Nordic region

Despite a reduction in price based competitiveness, the market share of goods exported from Estonia has grown in all the Nordic countries in the past ten years, Swedbank Chief Economist Tonu Mertsina says, cites LETA/BNS.

14.05.2018

Latvia's exports in March decrease for the first time in 1.5 years

After growing steadily for almost 18 months, Latvia's exports unexpectedly decreased in March by 6.1% year on year, Citadele economist Martins Abolins told LETA.

14.05.2018

EcoMin: Latvia’s GDP might grow 4.2% in 2018

Latvia’s gross domestic product (GDP) this year might grow 4.2%, the Economics Ministry said in its latest macroeconomic outlook, reports LETA.

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