International Internet Magazine. Baltic States news & analytics
Wednesday, 30.07.2014, 18:10
The joint-stock egg producer Balticovo has started exporting eggs to Afghanistan, where the company plans to export two million eggs a month, CEO Arnis Veinbergs informed Nozare.lv, cites LETA.
Keyword tags: Baltic Export, Foodstuff, Good for Business, Latvia, Logistics, Markets and Companies
The year 2013 was positive for the Estonian timber industry as exports and total sales growth accelerated and the number of employed in the sector grew, LETA/Postimees Online cites an analysis of the Estonian Economy and Communications Ministry.
Latvia's exports in the first four months of the year 2014 increased by 1% when compared with the same period last year, which is the smallest increase in the EU, according to Eurostat, cites LETA.
Olainfarm posted EUR 48.74 million in consolidated turnover in the first six months of 2014, the company informed the business portal Nozare.lv, cites LETA.
The Estonian textiles industry invested significantly in machinery and equipment and purchased real estate in 2013, which resulted in an increase of the investments volume by a fourth in 2013, LETA/Postimees Online reports. However, the textile industry production volumes were down nearly 7% at constant prices last year.
In 2013, the exports of food products and beverages produced in Estonia grew by 9%, reaching 560 million euros, LETA/Postimees Online cites the data of Economy and Communications Ministry.
Statistics Lithuania informs that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in May 2014 amounted to LTL 6.9 billion, imports – LTL 7.6 billion.
Provisional data of the Central Statistical Bureaushow that in May 2014 compared to previous month exports value of goods at current prices reduced by 3.6%, but imports value of goods – by 5.0%. In May Latvia exported goods in amount of 809.4 mln euros, but imported – in amount of 988.4 mln euros.
According to Statistics Estonia, in May 2014, exports of goods decreased by 9% and imports by 4% at current prices compared to May of the previous year. The decrease in exports and imports was mostly influenced by a fall in the trade of electrical equipment and mechanical appliances.
Switzerland is to ban imports of live pigs and pork from several EU countries in a bid to stop an African swine fever outbreak from reaching the country, informs LETA/AFP.
Valio Estonia and Võru Juust (Võru Cheese) that merged in December 2013 ended last year with a total turnover of more than 90 million euros, earning total profits of 1.7 million euros, writes LETA/Postimees Online.
European data center operator DEAC raised its first-quarter financial results in 2014, achieving a 2.87 million euro turnover, which is a 45% increase compared to 1.97 million euro for the same period in 2013. Company achieved improved operating results (EBITDA) of 1.292 million euro, informed marketing and development department representative at DEAC Alina Zizina.
During the first four months of 2014, export volumes from Latvia increased by 2.1% when compared to the same period last year, announced the Economy Ministry.
Belarus has imposed a temporary ban on pork import and transit from Latvia following an outbreak of African swine fever in the country, the Belarusian Agriculture and Food Ministry's Department of Veterinary and Food Surveillance announced last weekend, cites LETA/TELEGRAF.
Chocolate candy manufacturing company Laima operated with a turnover of EUR 10.84 million in 2013, which is 11 percent more than in 2012, when turnover was EUR 9.81 million, information provided by Firmas.lv indicates, cites LETA/Nozare.lv.