Baltic Export

International Internet Magazine. Baltic States news & analytics Tuesday, 21.05.2019, 18:33

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Olainfarm pharmaceutical group raises sales 14% in four months of 2019

Olainfarm pharmaceutical group raises sales 14% in four months of 2019

16.05.2019

During the first four months of 2019, Latvia’s Olainfarm pharmaceutical group raised sales 14% y-o-y to EUR 47.3 mln, according to the group’s unaudited consolidated results for January-April 2019, informed representative of the Olainfarm.

Keyword tags: Baltic Export, Good for Business, Industry, Latvia, Markets and Companies, Medicine



New Rosme lingerie maker raises turnover 15.2% in 2018

New Rosme lingerie maker raises turnover 15.2% in 2018

10.05.2019

Latvia’s New Rosme lingerie manufacturer raised turnover 15.2 percent year-on-year to EUR 5.875 mln in 2018, while the company’s profit contracted more than threefold to EUR 182,786, according to information available at Firmas.lv.

Lithuania's Pienas LT set to export 20 tons of products to China

Lithuania's Pienas LT set to export 20 tons of products to China

10.05.2019

Lithuanian cooperative Pienas LT is focusing on China with hopes that this market will help the company to grow in the future, according the Verslo Zinios writes LETA/BNS.


Estonia's Cleveron enters New Zealand market

Estonia's Cleveron enters New Zealand market

09.05.2019

The Viljandi-based developer and manufacturer of delivery solutions Cleveron has started cooperation with The Warehouse, New Zealand's largest general merchandise retailer, with The Warehouse installing a Cleveron 401 parcel terminal for issuing online orders at the Sylvia Park shopping center in Auckland, reported LETA/BNS.

Estonian beef allowed onto Hong Kong market

Estonian beef allowed onto Hong Kong market

09.05.2019

The Estonian Veterinary and Food Board received confirmation from the Hong Kong Center for Food Safety, according to which two Estonian meat processing companies can start the export of chilled and frozen beef to the Hong Kong Special Administrative Region of the People's Republic of China, informed LETA/BNS.


02.05.2019

Estonia: Harju Elekter's quarterly sales up 12.7% at EUR 29 mln

Listed Estonian electrical equipment maker AS Harju Elekter finished the first quarter of 2019 with a sales revenue of 29.3 mln euros, which is 12.7 % bigger than the sales revenue posted for the same quarter a year ago, reported LETA/BNS.

29.04.2019

Olainfarm signs EUR 3 million deal with WHO on supply of anti-TB drug

The Latvian pharmaceutical group Olainfarm has won an international World Health Organization (WHO) tender and clinched a EUR 3 mln contract to supply the anti-tuberculosis agent PASS sodium also in 2019 and 2020, according to the company’s statement to Nasdaq Riga.

24.04.2019

Estonia Leedo planning to open 2nd wooden house factory in China

Saaremaa Houses, a subsidiary of the company Saare Erek belonging to Saaremaa-based businessman Vjatseslav Leedo, is planning to open a second plant for the manufacture of wooden houses in China, according regional newspaper Saarte Haal reported LETA/BNS.

18.04.2019

Skeleton Technologies to invest EUR 25 mln in plant in Saxony

Skeleton Technologies, a company of Estonian origin that is a global leader in graphene-based ultracapacitors and energy-storage systems, is to invest 25 mln euros in its plant in the German state of Saxony, reported LETA/BNS.

16.04.2019

Latvian exports of forestry products up 19.8% in January-February

In January-February 2019, Latvia exported EUR 451.82 mln worth of forestry products, which is an increase of 19.8% against the same period a year ago, according to information released by the Agriculture Ministry writes LETA.

10.04.2019

Valio cheeses given halal certificate

After successfully passing an audit, the Voru cheese plant of the Estonian arm of the Finnish dairy company Valio in South Estonia and the cheeses produced there were given a halal certificate with which the production of Valio cheeses and the raw material used for it were deemed compatible with the standards in effect in Islamic countries, informed Manager of the Estonian operation of the Finnish dairy group Valio Maido Solovjov.

08.04.2019

Lithuanian company set to export electric boats to Scandinavia

- Vm Production, a-Kaunas based producer of entertainment and sports boats, says it is finishing the assembly of the world's first electric boat and garage with wind turbines and solar panels, reported LETA/BNS.

22.03.2019

Lithuania's Vilniaus Duona sets eyes on Polish exports

Lithuania's bread producer Vilniaus Duona (Vilnius Bread) hopes to start exporting to Poland, according its director of commerce Arturas Kokoskinas told the Verslo Zinios business daily, referring LETA/BNS.

18.03.2019

Olainfarm pharmaceutical group raises sales 20% in January-February

During the first two months of 2019, Latvia’s Olainfarm pharmaceutical group generated EUR 23.859 mln in consolidated sales, up 20% against the respective period last year, according to the company’s statement to Nasdaq Riga.

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