International Internet Magazine. Baltic States news & analytics
Wednesday, 02.12.2015, 05:15
Lithuania’s alcoholic beverage producer Vilniaus Degtine, which is controlled by the French group Belvedere, has recently launched exports to Kazakhstan and Azerbaijan and will add Russia to the list of its export markets early in December 2015, informs LETA/BNS.
Keyword tags: Alcohol, Baltic Export, Baltic States – CIS, Good for Business, Lithuania, Markets and Companies
Lithuania’s refrigerator manufacturer Snaige, which is part of Russia’s Polair group, posted 34.658 million euros in consolidated revenue for the first nine months of the year 2015, a rise of 4.1% from the year-earlier figure of 33.305 million euros, informs LETA/BNS.
Zemaitijos Pienas, a Lithuanian dairy company, will soon be given the green light to export its hard cheese Dziugas to Costa Rica, Lithuania’s chief veterinary officer has said, cites LETA/BNS.
Joint-stock Latvian alcoholic beverage producer Latvijas balzams achieved net turnover of EUR 55.27 million in the first nine months of the year, which is 7.9% more when compared to the same period last year, reports LETA, according to the company's non-audited financial report submitted to the ''Nasdaq'' Riga Stock Exchange.
According to head of the Estonian Food Industry Association Sirje Potisepp the organization will try to help find new exotic export markets for Estonian food products next year as well as strengthen economic cooperation with Africa, Asia and South America, informs LETA/BNS.
During the first nine months of 2015, Latvia exported EUR 1.532 billion worth of forest products, up 3% from the respective period a year ago when Latvian exports of forest products came to EUR 1.489 billion, reports LETA, according to the data of the Forest Department of the Latvian Agriculture Ministry.
On 19–20 October 2015, the instant noodle factory that is situated in Kėdainiai and belongs to Group of companies KG Group (Lithuania) was awarded the highest rating (level AA) of BRC Food Safety Standard Version 7 for its production of instant noodles and porridges. It is expected that this highest rating will be a significant incentive for clients and mercantile networks abroad to choose Lithuanian products, informed BC public relations specialist Inga Lebrikaite.
Lithuania’s Prime Minister, currently on a visit to China, urges to speed up the issue of authorization for the exports of Lithuanian dairy products. Moreover, Algirdas Butkevicius, who met with his Chinese counterpart Li Keqiang on Wednesday, also proposes to open talks on the exports of beef products, informs LETA/BNS.
The Lithuanian industrialists' Confederation (LIC) says that the country's manufacturers are recovering from losses suffered in the wake of Russia's embargo and US companies are becoming their strategic export partners, the daily Lietuvos Zinios reported on Tuesday, cites LETA/BNS.
PM: Latvia and China have a strong potential to cooperate in the fields of food export and transport
On Monday, November 23, Prime Minister Laimdota Straujuma delivered an opening speech at the Latvia – China business forum in Shanghai where the officials discussed the bilateral cooperation in the fields of food export, transport and logistics, informed BC press secretary to the Prime Minister Aiva Rozenberga.
Expansion of Lithuania’s exports to China is one of the key challenges of the near future and one of the priorities of the Lithuanian government, Prime Minister Algirdas Butkevicius has said while on a working visit to China, cites LETA/BNS.
Latvian beverage maker Cido grupa has sent its first shipment of beverages – juices, carbonated drinks, beer and water – to China. So far, Cido grupa was exporting products made on individual orders to China, Marijus Kirstukas, CEO of Cido grupa, told LETA.
Lithuania and China have signed a protocol on veterinary and hygiene requirements for dairy product and livestock exports to the Asian country, informs LETA/BNS.
Lithuania has exported 25.5 million eggs, or around 3% of its total output, to the United States since the start of the year, the business daily Verslo Zinios reported on Nopvember 19th, cites LETA/BNS.
Lithuania's wood processing and furniture production group VMG is stepping up investment in Belarus with plans to double VMG Industry's production output in Mogilev and to expand solid wood furniture and pellet production in Borisov, close to Minsk, the business daily Verslo Zinios reported on Wednesday, cites LETA/BNS.