International Internet Magazine. Baltic States news & analytics
Wednesday, 01.10.2014, 11:10
Estonian Prime Minister Taavi Rõivas recognised dairy companies at the opening of Väätsa farm complex for their determination to find options to create higher added value in production despite difficult times, reports BC government’s press service.
Keyword tags: Agriculture, Baltic Export, Estonia, EU – Baltic States, Good for Business, Markets and Companies
The Estonian dairy industry sales revenue in the first half of the year 2014 was by nearly 10% higher and profit increased by 1.7% compared to the same period last year, LETA/Public Broadcasting reports.
Robertas Dargis, head of the Lithuanian Confederation of Industrialists (LPK), is convinced that cooperation of producers is one of the main keys which can open vast markets to Lithuanian goods, informs LETA/ELTA.
After a significant decrease in 2009, the value of European Union trade in goods with Canada recovered in the following years to reach a peak value for exports of EUR 31.6 billion in 2013. Imports also recovered to a peak value of EUR 30.7 billion in 2011, and then fell to EUR 30.3 billion in 2012 and EUR 27.3 billion in 2013., informs LETA/ELTA.
On Tuesday, the Seimas in Lithuania approved the proposed amendments to the Law on Welfare and Protection of Animals, allowing ritual slaughter of animals from 2015, reports LETA/ELTA.
Amendments to the Law on Welfare and Protection of Animals would enable Lithuania to start exporting faster to countries were animals are required to be slaughtered according to religious rite, says Prime Minister Algirdas Butkevicius, cites LETA/ELTA.
Drug wholesaler Elpis profit significantly decreased in 2013, as information provided by Firmas.lv indicates, cites LETA/Nozare.lv.
Jelgava dairy company Latvijas piens has begun exporting cheese to Sweden after signing cooperation agreements with Swedish supermarket chains Hypermatt and Netto., informs LETA.
Minister of Agriculture Virginija Baltraitiene and Ukrainian Ambassador Valery Zhovtenko met on Thursday to discuss Lithuania-Ukraine cooperation opportunities with the greatest focus on export, informs LETA/ELTA.
Latvian Saeima approves extension of tax payment terms for companies suffering from Russia's sanctions
Saeima passed several draft bills in the final reading today stipulating deferred or split tax payments for companies that have delayed tax payments due to Russia's restrictions on food import.
Record-breaking Post-Panamax category containership Piera left Klaipeda Seaport on Wednesday and is heading to Iran. It was loaded with the record amount of Lithuanian export grain – the biggest in the history of Klaipeda Seaport, informs LETA/ELTA.
During a meeting with the visiting Crown Princess of Sweden Victoria today, President of Latvia Andris Berzins said that he sees Sweden as a good partner in finding new export markets in the future.
Latvian alcoholic beverage producer joint-stock Latvijas balzams will produce a special limited edition vodka called ''The Queen'', dedicated to the legendary rock-group ''Queen'', the group's guitarist Brian May said.
Lithuania is intensively looking for new markets to sell produce of Lithuanian farmers and dairy companies which have suffered due to Russian embargo, says Prime Minister Algirdas Butkevicius, cites LETA/ELTA.
During the first seven months of 2014, Latvian forest industry's export increased by 12.6%, reaching EUR 1.189 billion, compared to EUR 1.056 billion in the same period in 2013, reports LETA/Nozare.lv, referring to data provided by the Forest Department of the Ministry of Agriculture.