Baltic Export

International Internet Magazine. Baltic States news & analytics Friday, 27.02.2015, 18:51

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The share of EU increased in the export of Estonian food products in 2014

The share of EU increased in the export of Estonian food products in 2014

27.02.2015

In the export of Estonian agricultural produce and food products, the share of the European Union increased in 2014, Äripäev.ee cites the Ministry of Agriculture.

Keyword tags: Baltic Export, Baltic States – CIS, Estonia, EU – Baltic States, Foodstuff, Markets and Companies



Rigas dzirnavnieks turnover grew to EUR 22 mln 2014 financial year

Rigas dzirnavnieks turnover grew to EUR 22 mln 2014 financial year

27.02.2015

Joint-stock Latvian grain processing company Rigas dzirnavnieks turnover last financial year 2014 amounted to EUR 22.2 million as the company diversified exports, focusing on the Near East region, LETA learned at the company.

EUR 30 mln of EU funds available for facilitation of Latvia's exports

EUR 30 mln of EU funds available for facilitation of Latvia's exports

26.02.2015

Latvia will have access to EUR 30 million of the European Union's funds in 2014-2020 for the purpose of improving the country's export performance, the Economy Ministry informed LETA.


Modern lense production facility opened near Vilnius

Modern lense production facility opened near Vilnius

26.02.2015

The route from Lithuania’s capital Vilnius to Trakai, the country’s picturesque historic centre, is already dotted with high-tech production units that have sprung up along the road. Joining them is a state of the art facility that will produce up to 4,000 spectacle lenses every day, reports BC Invest Lithuania.

KVV Liepajas metalurgs puts out first 5,000 tons of steel bars

KVV Liepajas metalurgs puts out first 5,000 tons of steel bars

26.02.2015

The joint-stock metallurgical company KVV Liepajas metalurgs, which was bought by Ukraine's KVV Group in October 2014, has produced first batch of steel bars – 5,000 tons; the company is planning to export them to Algeria in March, as the KVV Liepajas metalurgs board member Igor Kovalenko told LETA.

24.02.2015

Bloomberg: Baltic export to Russia to decrease one-fifth in 2015

As a result of sanctions, the volume of exports from the Baltic States to Russia will drop about one-fifth in 2015, according to Bloomberg forecasts, cites LETA.

20.02.2015

In December, Lithuania's volume of dairy exports to Uzbekistan grew 19 times

Statistics Lithuania reports that in December 2014, the volume of butter exports to Uzbekistan stood at 1,026 tons for EUR 4.7 million, which accounted for 12.8% of total Lithuanian-origin dairy exports as total exports were worth EUR 36.8 million, informs LETA/ELTA.

19.02.2015

Lithuanian dairy processors have diversified production, but not so profitable

Although the Russian market was closed off, Lithuania's dairy processors have diversified their production and continue exporting, says Minister of Agriculture Virginija Baltraitiene. However, the alternative markets to that of Russia are not so profitable, reports LETA/ELTA.

18.02.2015

Latvian DK Daugava puts dairy plant on the market for EUR 1.5 mln

Since the production of dairy products for the attractive Russia market is no longer viable, the Latvian dairy company DK Daugava is selling its dairy plant in the town of Serene for EUR 1.5 million, the company's co-owner Aigars Vaivars informed LETA.

18.02.2015

Lack of work in Liepaja textiles industry results in forced vacations

More than 500 workers in the textiles industry in Liepaja have been told to go on annual leave, as Girts Kronbergs, head of the Latvian Chamber of Commerce and Industry branch in Liepaja, told LETA.

18.02.2015

Israel interested in buying meat from Lithuania

Israeli Ambassador to Lithuania Amir Maimon met with Minister of Agriculture Virginija Baltraitiene and assured that Israel is interested in buying meat from Lithuania. The possibility to export beef to Israel emerged after Lithuania legalised ritual slaughter of animals and preparation of meat under kosher requirements, reports LETA/ELTA.

17.02.2015

Lauma Lingerie opens first franchise store in Kosovo

The joint-stock Latvian lingerie and undergarment producer Lauma Lingerie opened its first franchise store in Kosovo at the beginning of February, the company informed LETA.

17.02.2015

Export of Latvian wooden furniture grows by 7.3% in 2014

The value of Latvian wooden furniture exports in 2014 increased by 7.3% from 2013 to a total of EUR 119.98 million, which is 6% of the total forest industry exports last year, reports LETA, according to a report presented by the Agriculture Ministry's Department of Forests.

17.02.2015

Lithuanian dumplings to reach Australia

Yet another continent is to be added on the list of markets of the Lithuanian food company Viciunu Grupe. The company will offer Australia dumplings made to a special gourmet recipe, reports LETA/ELTA, referring to delfi.lt.

16.02.2015

Forest industry exports in Latvia rise to new record-high of over EUR 2 bln in 2014

Latvian forest industry's exports amounted to a record-high EUR 2.015 billion in 2014, which is 8.6% up from 2013 when the forest industry's exports totaled EUR 1.855 billion, reports LETA, according to data from the Agriculture Ministry's Forest Department.

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