Baltic Export

International Internet Magazine. Baltic States news & analytics Friday, 09.12.2016, 02:02

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Estonian Natl Audit Office: Eesti Energia carried out Utah project in hurry

Estonian Natl Audit Office: Eesti Energia carried out Utah project in hurry

07.12.2016

he Estonian National Audit Office says in its fresh audit regarding foreign investments of the state-owned energy company Eesti Energia that although generally everything is correct, the company as well as the Ministry of Economic Affairs and Communications should have considered the Utah project investment more and in the future major projects should be developed with the smallest possible risks and expenses and carried out in stages, reports LETA/BNS.

Keyword tags: Baltic Export, Energy, Energy Market, Estonia, Financial Services, USA



Latvia’s Grindex phamaceutical company plans to invest EUR 4 mln in development next year

Latvia’s Grindex phamaceutical company plans to invest EUR 4 mln in development next year

02.12.2016

Latvia’s Grindex pharmaceutical company plans to invest up to EUR 4 mln in development next year, the company reported to Nasdaq Riga stock exchange.

Restoring Estonia's competitive edge requires action plan

Restoring Estonia's competitive edge requires action plan

01.12.2016

Estonia's cheap labor advantage compared with West Europe as well as quality advantage compared with East Europe are gone and therefore an action plan is needed, 40 companies focused on export find in a survey carried out by KPMG Baltics.


Lithuania's MRO provider FL Technics opens airplane service center in Indonesia

Lithuania's MRO provider FL Technics opens airplane service center in Indonesia

01.12.2016

FL Technics, an aircraft maintenance, repair and overhaul (MRO) services company that is part of the Lithuanian-owned, Warsaw-listed aviation group Avia Solutions Group (ASG), has opened an airplane servicing center in the airport of Indonesia's capital Jakarta, informed FL Technics representative.

Cido Grupa has launched exports to the United Arab Emirates this year

Cido Grupa has launched exports to the United Arab Emirates this year

01.12.2016

The Latvian beverage producer Cido Grupa has launched juice exports to the United Arab Emirates this year, thus expanding the assortment of products which is being exported to this region, the company's spokeswoman Inese Lielpinka told LETA.


28.11.2016

Locatory.com the first aviation marketplace to offer shipping services

New service of online shipping quote, order and tracking for aircraft parts was launched this week by aircraft spare parts and repair capabilities marketplace Locatory.com. Users of Locatory.com platform will receive one more solution to optimize procurement process by offering integrated online solution for parcels shipment in few easy steps from quote to order, Locatory.coms`s representative informed BC.

25.11.2016

Latvia’s Dobeles Dzirnavnieks grain processing company plans to increase exports to Scandinavia

Latvia’s Dobeles Dzirnavnieks grain processing company in the future plans to increase exports to Scandinavia, the company’s board chairman Kristaps Amsils told LETA.

23.11.2016

Dobeles Dzirnavnieks plans to return investments in new cereal plant in 5-7 years

Latvia’s Dobeles Dzirnavnieks grain processing company plans to return the investments made in the new cereal plant in 5-7 years, the company’s board chairman Kristaps Amsils told BC.

22.11.2016

Nortal and Estonian FinMin sign cooperation accord to underpin Nortal's Gulf business plan

The Estonian Finance Ministry and the software company AS Nortal have signed a cooperation agreement based on which Estonia's practices of tax collection and administration of public finances will be showcased in the Gulf states, reports LETA/BNS.

18.11.2016

Baltic sprats could return to Russian market after new year

Sprats and other fish products from Latvia and Estonia could return to the Russian market sometime after the new year, the Russian Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) informed Interfax writes LETA.

15.11.2016

Latvijas Piens invests EUR 20,000 in innovative protein drink ProCapsul

Latvijas Piens dairy company has invested EUR 20,000 to add to its Trikata product line a new innovative product - protein drink ProCapsul, the company informed LETA.

13.11.2016

Latvia’s Dzintars cosmetics company to develop new communications strategy

Latvia’s Dzintars cosmetics company plans to develop a new communications and marketing strategy, the company’s board chairman Ilja Gercikovs told LETA.

10.11.2016

Latvia’s Dzintars cosmetics company is working on its legal protection plan

Latvian cosmetics company Dzintars is working on its plan for the legal protection process, and, at the same time, is developing exports to China, the company’s board chairman Ilja Gercikovs told LETA.

10.11.2016

Exports drive sales growth for Lithuania's Vilkyskiu dairy

.Vilkyskiu Pienine, a leading dairy group in Lithuania, posted growth in sales revenue for January through October 2016 thanks to rising prices for dairy products in export markets, writes LETA/BNS.

09.11.2016

Valmiermuizas Alus brewery doubles sales in Estonia

In the first nine months of this year, Valmiermuizas Alus brewery doubled its sales in Estonia and is now planning to start shipping beer to Finland by the end of 2016, the company's co-owner and management board member Aigars Rungis told LETA.

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