Baltic Export

International Internet Magazine. Baltic States news & analytics Monday, 14.10.2019, 02:01

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Lithuania's Baltik Vairas pins growth hopes on e-bikes

Lithuania's Baltik Vairas pins growth hopes on e-bikes

04.10.2019

The chief executive officer of Lithuania's bicycle manufacturer Baltik Vairas, which sells 95 percent of its products to the Netherlands and Germany, believes that the future belongs to electric bikes, the Lrt.lt online news site has reported, citing LETA/BNS.

Keyword tags: Baltic, Baltic Export, Lithuania, Markets and Companies, Technology, Transport



SEB survey shows Lithuania as Baltic dairy market leader

SEB survey shows Lithuania as Baltic dairy market leader

02.10.2019

Lithuania is the leader of the Baltic dairy market, surpassing both Estonia and Latvia in terms of production and processing volumes, a survey of the Baltic dairy market by SEB indicates, informed LETA.

Estonia: All of the over 600 samples taken in M.V.Wool comply with standards, the adverse effects of the products on human health have been ruled out

Estonia: All of the over 600 samples taken in M.V.Wool comply with standards, the adverse effects of the products on human health have been ruled out

26.09.2019

M.V.Wool AS confirms that the fishery products of the company have always complied with the limit values established in the European Union and that the adverse effects of these fishery products on human health have been ruled out. Since the spring, M.V.Wool has been working closely with the Veterinary and Food Board (the VFB) and has established a zero tolerance for the presence of listeria bacteria. Samples taken in the last six months confirm that the company's products comply with the limit values with a good margin.


Agency lifts 2019 forecast for Lithuanian services exports growth to 14%

Agency lifts 2019 forecast for Lithuanian services exports growth to 14%

26.09.2019

Enterprise Lithuania, the government's export promotion agency, sticks to its forecast that exports of Lithuanian-origin goods, not including energy products, will grow by 7.4% to 14.5 bn euros this year, but expects services exports to expand by 14.1% to 11 bn euros, up from the previous projection of 7.4%.

Lithuania's Axioma signs EUR 10 mln water meter deal with Oman

Lithuania's Axioma signs EUR 10 mln water meter deal with Oman

25.09.2019

Axioma Metering, a company of the industrial and energy project group Axioma, which is part of Lithuania's Icor Group, signed on Wednesday a 10-million-euro agreement to supply water meters to Oman and launch production in the Arab country, informed LETA/BNS.


24.09.2019

Lithuania's Nematekas gets green light to export meat products to Vietnam

Lithuania's Nematekas gets green light to export meat products to Vietnam, informed LETA/BNS.

24.09.2019

Ambitious Estonian microbreweries: Pühaste to crowdfund its continuous export triumph

Pühaste Brewery, which is already exporting its craft beer to 23 countries, launched a crowdfunding campaign on the platform Fundwise. The microbrewery is looking to raise at least 150 thousand euros from investors in order to increase its operating capacity, provide packaging in more ecological and better-quality cans and add alcohol-free drinks to its product range. While now the brewery exports 60 percent of its products, next year Pühaste is looking to grow its exports to 80%, informed Pühaste representatives.

24.09.2019

Estonia's public transport ticketing co Ridango to launch services in Finland's Imatra

Estonian public transport ticketing company Ridango will be launching its services in the city of Imatra during the first half of 2020, which will also be the company's first step towards entering the Finnish market, informed LETA/BNS.

23.09.2019

Lithuanian-owned City Service gears up to export its e-Housing app abroad

Lithuanian-owned property administration and maintenance group City Service is combining its digital services into a single company named City Service Digital as part of plans to export its e-Bustas (e-Housing) mobile app and other digital projects implemented in Lithuania to foreign markets, informed LETA/BNS.

17.09.2019

Lithuania's Krekenavos Agrofirma allowed to export beef to China

Krekenavos Agrofirma, a meat processing company owned by the family of Viktor Uspaskich, the founder and chairman of the Lithuanian Labor Party, has become the first Lithuanian company to get the green light for beef exports to China, informed LETA/BNS.

13.09.2019

Estonia: Mobile-only fintech Monese to launch activity in 6 new countries

Monese, a mobile-only current account provider of Estonian origin, is planning to expand to America and Asia as well as Romania, Bulgaria and Turkey in the near future, informed LETA/BNS.

12.09.2019

Microduct manufacturer Höhle opens a new factory

Höhle OÜ, a plastic microduct manufacturing company unique in Estonia, opened its new factory in Lõiuse village in Rapla county. The factory produces over 200 km of micro ducts per day, which go to the domestic market as well as to 12 European countries. The total investment for the factory was over 4 mln euros, BC informed Höhle OÜ representative.

19.08.2019

Of Baltic countries, Estonia and Lithuania boost exports in H1

Estonia and Lithuania saw their exports grow in the first half of 2019 compared with the same period last year, while Latvia's exports remained on the level of the first half of 2018, informed LETA/BNS.

15.08.2019

Consolidated turnover of SAF Tehnika telecommunications equipment maker grows 8% in past FY

Consolidates unaudited turnover of SAF Tehnika telecommunications equipment maker in the 2018/2019 financial year was EUR 14.443 mln, up 8 % from the previous year, while the group’s consolidated unaudited loss was EUR 414,299, almost twice as large as in the previous financial year, the company said in its statement to the Nasdaq Riga stock exchange.

16.07.2019

Lithuania's Viciunai establishes enterprise in Tbilisi

Viciunu Grupe (Viciunai Group), a business group controlled by Visvaldas Matijosaitis, mayor of Lithuania's second-largest city of Kaunas, has established a sales company, Vichiunai Sakartvelo, in the Georgian capital, informed LETA/BNS.

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