International Internet Magazine. Baltic States news & analytics
Wednesday, 22.05.2013, 13:02
Latvian Chamber of Commerce and Industry's export awards were presented to the wooden window and door producer Stali and floorball goalkeeper protective equipment producer Blind save yesterday, informs LETA/Nozare.lv.
Keyword tags: Baltic Export, Good for Business, Latvia, Markets and Companies
Kaunas district is a leader in Lithuanian goods export, says Lithuania Statistics. In 2012 companies in this district exported Lithuanian goods worth of LTL 9.384 billion (EUR 2.717 billion), it constitutes 19% of the export of Lithuanian origin goods, reports LETA/ELTA.
The new EuroLCDs liquid-crystal display production facility in Ventspils will manufacture products for European and U.S. markets, the facility's head Ainars Ozols informed LETA during the official opening ceremony on Friday, informs LETA.
The provisional data of the Central Statistical Bureau show that in the first quarter of the year 2013 the volume of goods exported at current prices increased by LVL 117.1 mln or by 7.7%, but at the same time volume of imports – only by LVL 25.8 mln or by 1.3% as compared to the first quarter of previous year.
Latvia's export increased eight% in the first two months of 2013, the fourth steepest increase across the European Union, according to the latest data from Eurostat. The steepest increase in export was recorded in Bulgaria – 18%, followed by Lithuania – 16%, and Greece – 11%, informs LETA.
In April 2013, provisional consolidated sales for the joint-stock pharmaceutical company Olainfarm reached 3.78 million, a 17% increase on April 2012, according to the company's announcement at the NASDAQ OMX Riga stock exchange, writes LETA/Nozare.lv.
Forest industry is one of the economic sectors with the best prospects at the moment thanks to its potential for export, ex-Prime Minister of Sweden, now Swedish state-owned forestry company Sveaskog CEO Goran Persson said at the international conference "Invest in Forests" today, informs LETA/Nozare.lv.
On Friday, May 10, Prime Minister Valdis Dombrovskis, during the meeting with the new Ambassador of China to Latvia Yang Guoqiang, stated that the bilateral relations of the two countries are stable and sustainable and are characterized by an active political dialogue and intensive exchange of high-level visits, reported BC press secretary to the Prime Minister Mārtiņš Panke.
Statistics Lithuania informs that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in March 2013 amounted to LTL 7476.9 million, imports – LTL 7528.7 million. Exports of goods of Lithuanian origin amounted to LTL 4668.1 million. The foreign trade deficit of Lithuania amounted to LTL 51.8 million.
Provisional data of the Central Statistical Bureau show that in March 2013, compared to February of this year, exports value of goods at current prices increased by 5.3%, but imports value of goods – grew by 14.0%.
According to Statistics Estonia, in March 2013, both exports and imports of goods decreased by 6% at current prices compared to March of the previous year. Exports and imports decreased for two months in succession, in February the trade decreased by 2% in both flows compared to the same month of the previous year.
Swedbank claims that Estonia's export volume per capita is very close to the same indicator of Finland and in 2014 Estonia could pass Finland, LETA/Äripäev.ee reports.
Estonian Prime Minister Andrus Ansip said at the Estonian-Tajikistan economic forum in Dushanbe on Tuesday that Estonia could be a good export window to Europe for Tajikistan and a distribution centre of goods to world markets, reports LETA government’s press department.
U.S. Food and Drug Administration ordered retailers in the New York state to halt sale of several fish products of the "Latis" brand, Freecity.lv reports. The products – fish, crustacean and shellfish products – are made by Latvian fish cannery Zila laguna, writes LETA.
Latvian glass design brand an&angel has won the prestigious Red Dot "Product Design" award in the "Tableware and Decoration" category, an&angel Public Relations Manager Regina Ikala told LETA/Nozare.lv.