International Internet Magazine. Baltic States news & analyticsThursday, 02.09.2010, 22:47
Exports of Latvian agricultural and food products on rise in H1
02.09.2010In the first six months of the year 2010 compared to the first half of 2009, exports of Latvian agricultural and food products increased from LVL 279.1 million to LVL 321 million, Latvian Agricultural Market Promotion Center informs.
Keyword tags: Agriculture, Baltic Export, Latvia, Markets and Companies
airBaltic recognised as Latvia’s leading exporter
01.09.2010Latvian Prime Minister Valdis Dombrovskis and Economics Minister Artis Kampars last week hailed the airBaltic airline for its achievements in the field of exports, informed BC Janis Vanags, vice president of corporate communications at airBaltic.
Dzintars hopes to capture U.S. market with exclusive cosmetics
01.09.2010The Latvian cosmetics producer Dzintars hopes to capture the United States (U.S.) market with exclusive cosmetics in the future, said Mihails Gercikovs, pharmacist and head of export projects of Dzintars, in an interview with the business portal Nozare.lv.
Island of Olialia blondes to appear in Maldives
01.09.2010The island of blondes will appear in Maldives, a press release of Olialia Group, headed by the Leader of the Lithuanian blonde movement Giedre Pukiene, says. There are plans to build hotels, entertainment and spa centres on the island. All the staff of the island will be selected exclusively by hair colour – only blondes will be employed there.
Latvenergo exported LVL 28.4 mln worth of electric energy in 2009
27.08.2010In 2009, joint-stock power utility company Latvenergo exported LVL 28.4 million worth of electric energy, which is LVL 15 million more when compared to 2008, the company informed the business information portal Nozare.lv.
Wood exports in Latvia grew by 43.1% in H1
Latvia's exports of wood and wood products in the first six months of 2010 totaled LVL 434.217 million, according to the Agriculture Ministry's data. This is 43.1% more than in the same period last year, the ministry said.
Unit value of foreign trade in Latvia increased by 8.3 % for exported goods and by 4.2% for imported in Q2
Compared to the corresponding period of 2009, the unit value (UV) in the 2nd quarter of 2010 increased by 8.3% for exported goods and by 4.2% for imported goods, according to the data of the Central Statistical Bureau of Latvia. In its turn, compared to the previous quarter, unit value of exported goods increased by 4.2%, and of imported goods – by 2.4%.
PM Ansip commended the work of the Horizon Pulp & Paper plant
Prime Minister of Estonia Andrus Ansip visited the paper manufacturing enterprise Horizon Pulp & Paper in Kehra on Tuesday, writes LETA/National Broadcasting.
Pieno Zvaigzdes earned gross profit 45.661 mln litas in H1
Lithuania-based milk production enterprise Pieno Zvaigzdes earned gross profit – 45.661 million litas in the first half of the year 2010, which is less than the result shown in the according period of the previous year – 63.255 million litas, Pieno Zvaigzdes reported to NASDAQ OMX Vilnius.
In June exports in Estonia grew by 7% and imports by 22%
According to Statistics Estonia, in June exports grew by 7% and imports by 22% at current prices compared to June 2009. The biggest increase was announced in the imports of machinery and equipment, transport equipment and metals and products thereof.
Balticovo makes LVL 3 mln profit in 2009
Egg producer Balticovo made an after-tax profit of LVL 3 million in 2009, according to information from the Register of Enterprises provided by the firm Lursoft. In 2008, the company posted LVL 2.2 million in losses.
Balticovo plans to become more active in export markets
Egg producer Balticovo plans to concentrate more on profitable export markets, including the United Kingdom's Marks & Spencer and Poland's Tesco supermarket chains, said the company's board chairman Arnis Veinbergs in an interview with the business portal Nozare.lv.
Foreign trade volume in Latvia increased of by 14.5% in January – June
The provisional data of the Central Statistical Bureau show that in January – June 2010 total volume of goods in foreign trade of Latvia at current prices reached LVL 4562.0 mln – an increase of LVL 576.2 mln or 14.5%, if compared to January – June 2009. Of which volume of export grew by LVL 383.9 mln or by 22.9%, but volume of import – by LVL 192.3 mln or by 8.3%.
Profit of Elko grupa at LVL 1.29 mln in H1
The joint-stock computer hardware and software wholesale company Elko grupa posted LVL 1.29 million in profit after tax in the first half of the year 2010, compared with LVL 16.9 million losses in the corresponding period of the previous year, the company said in a statement to the media. The company's net turnover in the first six months was LVL 156.8 million, up from LVL 137.7 million in the same period of the previous year.
Baltic States register EU's almost fastest increases in exports in January-May
Latvia's exports in the first five months of 2010 increased by 22% from the same period last year, which was the fourth fastest increase among the European Union member states, according to data that the EU statistical office Eurostat released on Friday. Exports from Bulgaria and Lithuania also increased 22% in the first five months.
Updating the Nordic-Baltic cooperation 
