Baltic Export

International Internet Magazine. Baltic States news & analytics Friday, 28.07.2017, 01:49

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Cleveron has supplied US Walmart with 100 parcel terminals

Cleveron has supplied US Walmart with 100 parcel terminals

27.07.2017

Estonian delivery solutions company Cleveron has supplied the American multinational retailing corporation Walmart with 100 click-and-collect parcel terminal PackRobots and the company said more are being produced constantly, informs LETA/BNS.

Keyword tags: Baltic Export, Estonia, Good for Business, Technology, Transport, USA



Latvian Mikrotikls posts over EUR 66 mln in 2016 profit

Latvian Mikrotikls posts over EUR 66 mln in 2016 profit

27.07.2017

Latvian IT company Mikrotikls, known internationally as MikroTik, in 2016 generated EUR 223.285 million in turnover at a 10.3% rise from 2015, and its profit grew 7.9% to EUR 66.241 million, writes LETA, according to Firmas.lv business information website.

Boen Lithuania raises 2016 revenue to EUR 156.8 mln

Boen Lithuania raises 2016 revenue to EUR 156.8 mln

26.07.2017

Boen Lietuva, a Lithuanian parquet flooring manufacturer operated by Norway's Boen, posted consolidated revenue of 156.83 million euros last year, which is an increase by 12.2%, from 139.834 million euros, in 2015, informs LETA/BNS.


Lithuanian grain carriers to compete for freight in 2017

Lithuanian grain carriers to compete for freight in 2017

24.07.2017

Lithuanian grain producers planning to export about 4 million tons of grain this year say that the process of grain haulage to the Klaipeda port should go smoothly, however, competition for the freight should be more fierce, informs LETA/BNS.

Moody’s affirms Estonia's A1 rating with stable outlook

Moody’s affirms Estonia's A1 rating with stable outlook

24.07.2017

The international rating agency Moody’s Investors Service has affirmed Estonia's A1 government bond rating with a stable outlook, informs LETA/BNS.


21.07.2017

Uzavas Alus plans on investing EUR 2 mln in development

The popular Latvian micro-brewery Uzavas Alus plans to invest EUR 2 million in development this year, the company's co-owner and lone board member Uldis Pumpurs told LETA.

19.07.2017

Consolidated sales of UPB holding grew by 36% in 2016

In 2016, consolidated sales of Latvia’s UPB holding reached EUR 147 million, which is by 36% more than in 2015, according to Firmas.lv business database, cites LETA.

18.07.2017

Olainfarm’s sales rose by 11% in H1

In January-June 2017, Latvian medicines producer Olainfarm saw its preliminary consolidated sales rise 11% against the same period last year to EUR 59.16 million, informs LETA, according to the company’s announcement to Nasdaq Riga.

14.07.2017

Latvian exports grew at EU's average rate in January-May

During the first five months of the year 2017, Latvian exports grew at the EU’s average pace, according to the export growth data released by Eurostat on July 14th, informs LETA.

14.07.2017

Sakret plant in Estonia increases sales by 11% in H1

Construction materials producer Sakret Holdings in its plant in Estonia increased sales by 11% in the first six months of the year 2017, the company reported LETA.

12.07.2017

Vika Wood sees 0.8% increase in turnover in 2016

The Latvian sawmill Vika Wood operated with EUR 59.651 million in turnover in 2016, which was 0.8% more than the previous year, while the company’s profit reached EUR 2.969 million in contrast to a loss a year ago, according to Firmas.lv business database, cites LETA.

11.07.2017

In May, foreign trade turnover in Latvia increased by 11%

Provisional data of the Central Statistical Bureau (CSB) show that in May 2017 Latvian foreign trade turnover amounted to EUR 2.08 bln, which was 11.0% higher than in May 2016 (at current prices), and the exports and imports values of goods were 9.2% and 12.5% higher, respectively.

10.07.2017

In May, trade intensified in Estonia

According to Statistics Estonia, in May 2017, the exports of goods increased by 15% and imports by 14% compared to May 2016. Trade growth was influenced the most by a significant increase in the exports and imports of mineral products.

10.07.2017

Lithuania's exports up 16.5%, imports 16.8% in January-May

Lithuania's exports stood at 10.35 billion euros in January-May 2017 and imports amounted to 11.522 billion euros, which is a respective growth by 16.5% and 16.8% year-on-year, Statistics Lithuania said on Monday, cites LETA/BNS.

10.07.2017

Net earnings of Estonian Uptime climb to EUR 732,000 in 2016

The consolidated revenue of the Estonian information technology company Uptime OU dropped 8% year over year in 2016 to 4.9 million euros whereas net profit moved up 9% to 732,000 euros, informs LETA/BNS.

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