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Sunday, 01.05.2016, 22:20
Estonian companies in 2015 produced x 200 million euros' worth of ready-made foods of which almost a half was exported, it appears from a survey by the Ministry of Rural Affairs, reports LETA/BNS.
Keyword tags: Baltic Export, Estonia, EU – Baltic States, Financial Services, Foodstuff, Markets and Companies
After several months of decline, Latvian forestry industry exports saw an increase in February 2016 with EUR 347.43 million worth of forestry industry products exported during the first two months of 2016 compared to EUR 318.94 million in January-February 2015, informs LETA, according to the information from the Latvian Agriculture Ministry.
The profit of the alcohol producer Altia Eesti AS declined 43% year over year to 916,633 euros in 2015, which the company attributed to the higher excise tax, informs LETA/BNS.
Estonia's Rural Affairs Minister Urmas Kruuse and the vice minister of the General Administration of Quality Supervision, Inspection and Quarantine of China (AQSIQ), Mei Kebao, have signed a food safety protocol allowing the import of sprats and Baltic herring and products made thereof from Estonia to China, informs LETA/BNS.
The US Department of Agriculture (USDA) estimates that Lithuania's grain production this year will amount to 5.316 million tons, lower than last year's record level, and Lithuanian grain growers' forecast is somewhat more modest, the business daily Verslo Zinios reported on April 26th, cites LETA/BNS.
Sourcing managers, officials and journalists of the Beijing region can taste food made in Estonia during the Estonian week in China, which takes place from April 24-30, informs LETA/BNS.
Thanks to harmonization of veterinary certificates, Latvian producers of animal products are able to export their products to five new regions in 2016, the Food and Veterinary Service told LETA.
The Voru County, southeast Estonia based companies Nopri Mahlad and Nopri Talumeiereii have produced over 100 tons of birch sap this year, introduced seven new birch sap products on the market and are setting their sights on the markets of Germany, Netherlands, the UK and Austria, informs LETA/BNS.
Estonian manufacturers of wooden houses exported their output to 52 countries in 2015 and exports amounted to 278 million euros, 28.2% more than in 2014, reports LETA/BNS.
Pieno Zvaigzdes, one of Lithuania's largest dairy producers, said that its first-quarter sales revenue in 2016 fell to 34.8 million euros, down 12.6% from 39.8 million euros in the same period last year, reports LETA/BNS.
Countries of the European Union were the destination for approximately 95% of the total export of Estonian dairy products in 2015, compared with 87% in 2014 and 74% in 2013, the Chamber of Agriculture and Commerce said on April 20th, cites LETA/BNS.
Exports of pork grown in Lithuania is on the rise, however, prices remain somewhat lower, Verslo Zinios daily said, cites LETA/BNS.
The Lithuanian printing industry's domestic sales rose by 5.5% in 2015 compared with 2014 to 377 million euros and their exports remained close to the previous year's level at 186 million euros, the business daily Verslo Zinios reported on April 19th.
Latvijas Balzams alcohol producer raised turnover 1% to EUR 73.79 million, while its audited profit dropped 11% to EUR 7.06 million, informs LETA, according to the company's report to Nasdaq Riga stock exchange.
Consolidated turnover of Valmiera Glass Group amounted to EUR 121.19 million in 2015 – 12% or EUR 12.75 million more than in 2014, according to the joint-stock company Valmieras Stikla Skiedra's revised consolidated financial report for 2015, cites LETA.