International Internet Magazine. Baltic States news & analytics
Sunday, 25.09.2016, 22:07
The Estonian smartphone app Taxify that connects riders with local taxis and private drivers launched the service with 200 drivers in the Ukrainian capital Kiev on Friday, reports LETA/BNS.
Keyword tags: Baltic Export, Baltic States – CIS, Estonia, Innovations, Markets and Companies, Passenger cars, Technology, Transport, Ukraine
Latvia’s largest producer of growing media, SIA Pindstrup Latvia of the Pindstrup Group, today opened a new wood fiber plant in the town of Baloži, Ķekava district, for the production of Forest Gold – a new component for growing media – for professional growers, Pindstrup representative told BC.
Viciunai, a leading Lithuanian food group that is owned by Kaunas Mayor Visvaldas Matijosaitis, has dropped plans to build a large fish processing facility near Belarus' capital of Minsk, citing changes in the business environment and the company's strategy as the reason, reports LETA/BNS.
Latvia’s HansaMatrix high technology company this year plans to achieve EUR 14.6 mln in turnover, the company’s board chairman Ilmars Osmanis said in an online conference today, writes LETA.
The Estonian beverage house A. Le Coq sold 20 million liters of beer of the A. Le Coq brand on the Finnish market in the first eight months of this year, emerging as the third biggest beer brand in that country according to a study by Nielsen reports LETA/BNS.
Vana Tallinn Elégance has been awarded the title of Best Liqueur in the Spirits Business competition ‘Luxury Spirits Masters 2016’. According to the jury, the gold medal-winning Vana Tallinn Elégance was the biggest surprise of the day, BC was informed by Liviko representative.
Representatives of Latvian Grindex pharmaceutical company met with representatives of the World Anti-Doping Agency (WADA) and agreed on cooperation, still the parties did not agree on removing Mildronate medication, also known as meldonium, from the list of prohibited substances, the company reported writes LETA.
During the first half of 2016 leisure carrier Small Planet Airlines grew its revenues by 9,9% to 72,3 million EUR when compared to the same period in 2015. The main reasons behind revenue growth was increased activity in Lithuania, Poland, and the United Kingdom, launch of flights under the German AOC, and return to the French market. Over the period of six months Small Planet Airlines added six new aircraft and carried 660 thousand passengers: 26% more than during the same period last year, Small Planet Airlines representative told BC.
The Latvijas Piens dairy plant has started working closely with a dairy company in Estonia, supplying to it around 100 tons of milk a month and taking back milk and kefir, reports LETA/BNS.
Although dairy, meat and fish producers have been actively looking for, and finding, new markets since Russia's embargo, they have not been able to consolidate their foothold in all of the new markets during the past one-and-a-half years, which means that more active state support is necessary, according to the Agriculture Ministry's report that the government will review at its next meeting on September 6, reports LETA.
Taste Latvia, the days for presentations of Latvian-made goods, chef masterclasses, various cultural and sports events and creative workshops, are due to kick off in China this Sunday, September 4, the event's organizer, the Latvian Investment and Development Agency, informed LETA.
Consolidated net profits of Baltic Mill, the Baltic milling group, stood at 852,000 euros in the past financial year, up by a factor of 3.6, from 238,000 euros, in the year before, Baltic Mill informs in a statement to the Nasdaq Vilnius stock exchange.
The magazine «Nordic Business Europe» published «Thinkers 20 – the Brightest Business Minds in Northern Europe». The comprehensive ranking of the brightest business minds in Northern Europe. This year’s ranking features 20 brilliant business thinkers who are changing the world with their ideas and accomplishments. At the TOP were four entrepreneurs from Estonia and one from Latvia and Lithuania.
The unaudited consolidated net turnover of HansaMatrix high technology company in the first half of this year was EUR 7.41 mln or by 20% higher than during the same period last year, the company said in a statement submitted to the Nasdaq Riga stock exchange.
After repeated tests did not reveal any bacteria, the Lithuanian State Food and Veterinary Service (VMVT) on Tuesday allowed the Kaunas-based frozen food product company Judex subject to a law-enforcement investigation to resume production. Salmonella, E. coli and listeria were earlier confirmed in its output, while enterobacteriaceae was found in the premises, reports LETA/BNS.