Baltic Export

International Internet Magazine. Baltic States news & analytics Monday, 08.02.2016, 14:10

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Lithuania's candle maker Mediola launches exports to Asia

Lithuania's candle maker Mediola launches exports to Asia

08.02.2016

Mediola, a Lithuanian company that offers handmade candles and soaps under a new brand name, Freshdeli Soul & Body, has recently launched exports to Asia, the business daily Verslo Zinios reported on Monday, informs LETA/BNS.

Keyword tags: Baltic Export, China, Good for Business, Lithuania, Markets and Companies



Lithuanian DocLogix carries out its 1st project in Canada

Lithuanian DocLogix carries out its 1st project in Canada

08.02.2016

DocLogix, a document and process management solutions provider that is part of Alna Group, one of Lithuania's largest IT groups, has this year carried out its first project in Canada, where its system has been purchased by the pipe bending company Triple D Bending, the business daily Verslo Zinios reported on Monday, cites LETA/BNS.

Sales Latvian drug wholesalers grew by 2% in Q4

Sales Latvian drug wholesalers grew by 2% in Q4

05.02.2016

In the fourth quarter of 2015, Latvian drug wholesale companies raised their aggregate sales 2% year-on-year to EUR 117.28 million, in forms LETA, according to information from the State Agency of Medicines.


Lido to open 3rd restaurant in Tallinn

Lido to open 3rd restaurant in Tallinn

05.02.2016

Latvia's leading foodservice provider Lido is due to open its third restaurant in Tallinn this Friday, LETA was told at the company.

Lithuanian Akmene Cement’s revenue down 6% to EUR 55.4 mln in 2015

Lithuanian Akmene Cement’s revenue down 6% to EUR 55.4 mln in 2015

05.02.2016

Lithuania's only cement manufacturer Akmenes Cementas (Akmene Cement), which in 2015 sold nearly 1 million tons of cement, posted 55.4 million euros in revenue for full 2015, a decline of approximately 6% from the year-earlier figure of 59.2 million euros, informs LETA/BNS.

04.02.2016

Baltic Automotive Components Cluster hasn't dropped plans for exports to Russia

The Baltic Automotive Components Cluster (BACC), which brings together 18 companies, has not dropped plans to accelerate component exports to Russia's car market, the business daily Verslo Zinios reported on February 4th, cites LETA/BNS.

04.02.2016

Saaremaa NAS Electronics intends to export its output to Scandinavia

NAS Electronics, subsidiary of the Norwegian electronics manufacturer Nordic Automation Systems AS, is set to start manufacturing at its Saaremaa plant at full capacity in February 2016 and intends to start selling its solutions for electrical and pneumatic tools in Scandinavia, Germany and the UK soon, informs LETA/BNS.

04.02.2016

Sakret business in Lithuania proof to good economic cooperation with Latvia

Sakret LT, the Lithuanian subsidiary of the Latvian dry construction mixes producer Sakret Holdings, is a bright example of successful economic cooperation between Latvia and Lithuania, said Latvian Ambassador to Lithuania Einars Semanis, cites LETA/BNS.

01.02.2016

Linas Agro not discouraged by Egypt’s requirements for wheat

Lithuanian wheat is high-quality, Linas Agro Group, Lithuania’s agricultural investment firm, has said in response to an announcement by Egypt, the world’s biggest wheat importer, that it would be enforcing a ‘zero tolerance’ policy on ergot contamination in wheat shipments, even though until now it has accepted cargos with up to 0.05 percent contamination with ergot, a fungus naturally found in wheat, the Verslo Zinios business daily reports on Monday, informs LETA/BNS.

01.02.2016

Economy in Latvia has kept growing despite geopolitical situation

The Latvian economy continued to grow in 2015 despite a tense geopolitical situation in the region, Janis Salmins, vice-director of the structural policy department of the Economics Ministry, told LETA.

29.01.2016

Head of Eesti Pank: Estonia's exporting sector lost market share in 2015

The competitiveness of the Estonian exporting sector has come under stronger pressure, as was demonstrated by the loss of market share in export markets in 2015, Ardo Hansson, governor of the Bank of Estonia (Eesti Pank), said at the annual conference of the Estonian Economic Association on January 28th, cites LETA/BNS.

28.01.2016

Baltic SMEs cautious about business growth in 2016

Small and medium-sized enterprises (SMEs) in the Baltic states remain cautious about business growth in 2016 and see growth potential in developing markets but would focus less on exploration of new export markets, reports LETA, according to the latest SEB Baltic Business Outlook.

27.01.2016

Baltic SMEs focus increasingly on home market

Small and medium-sized enterprises (SMEs) in Estonia and the other Baltic countries are increasingly focusing their business on the domestic market, a survey by SEB indicates, reports LETA/BNS.

27.01.2016

Lithuanian businesses see no threats in Poland

Amid warnings that Poland may become "a second Russia" for Lithuanian exporters, Lithuanian companies say that they do not see such threats, the business daily Verslo Zinios reported on Wednesday, cites LETA/BNS.

27.01.2016

Belarus lifts ban on fish imports from Lithuania

Belarus has allowed Lithuanian companies to ship fish products to the neighboring country, Lithuania's chief veterinary officer said on January 26th, cites LETA/BNS.

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