Baltic Export

International Internet Magazine. Baltic States news & analytics Monday, 22.01.2018, 20:19

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2.4% increase in wooden furniture exports from Latvia in 11 months

2.4% increase in wooden furniture exports from Latvia in 11 months

22.01.2018

In the first 11 months of 2017, the value of Latvia’s wooden furniture export increased 1.6% against a year before to EUR 137.889 million, writes LETA, according to the data provided by the Forest Department of the Latvian Agriculture Ministry.

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



Orkla Foods Latvia raises exports by 21.5% in 2017

Orkla Foods Latvia raises exports by 21.5% in 2017

19.01.2018

Orkla Foods Latvija, created by merging the operations of Latvian food companies Spilva and Gutta, raised export volumes by 21.5% in 2017, the company’s head Lolita Bemhena told LETA.

Grindex expects 2018 turnover to grow at least 10% y-o-y

Grindex expects 2018 turnover to grow at least 10% y-o-y

18.01.2018

Latvian pharmaceutical company Grindex expects its 2018 turnover to grow at least 10% compared to 2017, the company said in a statement submitted to the Nasdaq Riga stock exchange, cites LETA.


Lithuania's exports growth remains EU's fastest in January-November

Lithuania's exports growth remains EU's fastest in January-November

15.01.2018

The growth of Lithuania's exports remained fastest among the EU's 28 member states in January through November 2017, figures from the EU statistical office Eurostat showed on January 15th, cites LETA/BNS.

Baltic Beer Company to produce cannabis-flavored beer in Tallinn

Baltic Beer Company to produce cannabis-flavored beer in Tallinn

15.01.2018

The U.K. based company Baltic Beer Company Ltd, which sells Estonian beer of the Viru Beer brand in several countries all over the world, is about to start producing beer containing various ingredients, seeds, extracts and terpenes from hemp and cannabis plants in Tallinn in collaboration with partners from Canada and Australia, informs LETA/BNS.


11.01.2018

Enefit Solutions to supply metal structures for UK power plant

Enefit Solutions, a subsidiary of the state-owned energy group Eesti Energia, is to supply 900 tons of metal structures for a biofuel fired power station to be built in the United Kingdom, informs LETA/BNS.

10.01.2018

In November, exports of goods increased by 8% and imports by 9% in Estonia

According to Statistics Estonia, in November 2017 compared to November 2016, the exports of goods increased by 8% and imports by 9%. The growth in exports and imports was broad-based, a small increase occurred in most commodity sections.

09.01.2018

In September, foreign trade turnover gone up by 13.3% in Latvia

Provisional data of the Central Statistical Bureau (CSB) show that in September 2017 Latvian foreign trade turnover amounted to EUR 2.28 billion, which at current prices was 13.3% more than in September 2016, of which the exports value of goods was 7.7% and imports value of goods was 18.4% higher.

05.01.2018

Estonian Helmes planning to hire 200 in 2018

The Estonian software developer Helmes AS is planning to increase its worker numbers by 200 to 500 in 2018, Postimees said, cites LETA/BNS.

04.01.2018

Kekava poultry farm plans to start exports to Japan

Latvia’s largest poultry farm Putnu Fabrika Kekava plans to launch exports to Japan, the company’s board chairman Andrius Pranckevicius told LETA.

02.01.2018

Orkla in Latvija focused on long-term relations in existing markets in 2017, exports rose

Orkla Confectionery & Snacks Latvija, the owner of such food brands as Laima, Selga, Staburadze and Adazu Cipsi, in 2017 mostly focused on long-term relations in the existing market, said the company’s spokeswoman Lineta Miksa, cites LETA.

29.12.2017

In Q3, exports of services amounted to EUR 2.2 bln, imports – EUR 1.3 bln in Lithuania

The Bank of Lithuania and Statistics Lithuania announce the III quarter 2017 data on exports and imports of services broken down by country and type of service. In III quarter 2017, exports of services amounted to EUR 2.2 billion, imports – EUR 1.3 billion, the surplus of the balance of services – EUR 899.2 million, or 8% of GDP. In III quarter 2017, against III quarter 2016, the surplus of the balance of services increased by EUR 285.9 million, or 46.6%, which was a result of exports of services growing faster than imports (22.5 and 10.2% respectively).

28.12.2017

Foodout.lv plans 2017 sales at EUR 2.19 mln

Latvian takeaway delivery service Foodout.lv plans to achieve annual turnover of EUR 2.19 million in 2017, informs LETA.

27.12.2017

Grindex plans to keep expanding to EU, South-East Asian markets

Grindex pharmaceutical group’s plans for 2018 include continued expansion to new markets, including in the EU and South-East Asia, Grindex CEO Juris Bundulis told LETA.’

27.12.2017

Latvian exports of alcoholic drinks grew by 49.8% in January-October

In January-October 2017, Latvia exported 141.84 million liters of alcoholic drinks, which is a growth by 49.8% from the first ten months of 2016, writes LETA, according to the information about excise goods from the Latvian State Revenue Service.

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