International Internet Magazine. Baltic States news & analytics
Thursday, 05.12.2013, 18:54
Lithuania-based dairy Pieno Zvaigzdes's sales over first nine months of 2013 totaled 608.4 million litas, or 7.3% more as compared to a corresponding period a year ago, the company said in a statement, cites LETA.
Keyword tags: Baltic Export, Foodstuff, Good for Business, Lithuania, Markets and Companies
Pharmaceuticals manufacturer Olainfarm turned over LVL 37.7 million in the first nine months of 2013, 7% more than in the same period in 2012, according to the company's non-audited profit and loss statement submitted to NASDAQ OMX Riga, informs LETA.
The financial statements of the pharmaceutical company Grindeks for the first nine months of 2013, submitted to the “NASDAQ OMX Riga” stock exchange, indicate that the group’s turnover was LVL 56.5 million in the first nine months of the year, which was LVL 6.4 million or 12.8% more than in corresponding period in 2012, informs LETA/Nozare.lv.
9-month results of 2013 of the Baltic's largest producer of alcoholic beverages joint-stock Latvijas balzams have seen rises in both profit figures and turnover, the company said in an announcement to the ''NASDAQ OMX Riga'' stock exchange, cites LETA/Nozare.lv.
A third of enterprises in Parnu County in Estonia are planning to be more active on export markets in 2014, and about two thirds are also planning to invest, as indicated in the survey “Parnu County Business Barometer 2014” conducted among SEB’s business clients, reports LETA, referring to SEB.
The issue of Lithuanian dairy imports to Russia remains unresolved despite every effort made by Lithuania, informs LETA/ELTA.
Latvia's exports increased 2% in January-August 2013 – the 11th steepest increase in the European Union, according to the latest data from the EU's statistical office Eurostat, cites LETA.
In the first nine months of the year 2013, compared to the same period last year, the value of Latvian wood furniture exports grew by 2%, amounting to LVL 55.12 million and constituting 5.6% of the forest industry's total exports, reports LETA/Nozare.lv, referring to data from the Agriculture Ministry's Forest Department.
Provisional data compiled by the Central Statistical Bureau of Latvia show that, in comparison with the nine months of 2012, exports of goods (at current prices) during the nine moths of 2013 has grown by LVL 165.0 million (EUR 234.7 million) or by 3.3%, while imports – only by LVL 33.9 million (EUR 48.3 million) or by 0.5%.
The total value of Latvia's forest industry exports reached LVL 990.176 million in the first nine months of 2013, 9.8% more than in the respective period in 2012, when the value of forest industry exports amounted to LVL 901.477 million, informs LETA/Nozare.lv, referring to data from the Agriculture Ministry's Forest Department.
Provisional consolidated sales figures for the joint-stock pharmaceuticals company Olainfarm reached LVL 6.11 million in October 2013, 2% more than a year ago, the company informed the business information portal Nozare.lv, cites LETA.
SEB banka has granted fiberglass maker Valmieras stikla skiedra a loan of EUR 7.5 million (LVL 5.25 million) for the purchase of the British company Valmieras Glass UK Ltd, previously known as P-D Interglas Technologies Ltd, writes LETA.
After purchasing Latvian poultry producers Putnu fabrika Kekava and Lielzeltini, Lithuanian holding Linas Agro Group intends to increase their capacity by 20% and invest around LVL 1 million each year, turning its attention to Baltic and global export markets, Linas Agro Group Management Board Member Andrius Pranckevicius said in an interview with Nozare.lv, cites LETA.
According to Statistics Estonia, in September 2013, exports of goods decreased by 8% and imports by 2% at current prices compared to September of the previous year. Exports and imports have declined for four successive months, compared to the same month of the previous year. During the nine months of 2013, exports declined by 1% compared to the same period of 2012.
Provisional data of the Central Statistical Bureau of Latvia show that, in comparison with August, exports value of goods at current prices in September 2013 has grown by 9.8%, while imports value has risen by 3.7%.