Baltic Export

International Internet Magazine. Baltic States news & analytics Friday, 20.04.2018, 12:01

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Madara Cosmetics expects to get EUR 500,000 in revenue from its new sunscreen products

Madara Cosmetics expects to get EUR 500,000 in revenue from its new sunscreen products

17.04.2018

Latvia’s Madara Cosmetics company plans to get EUR 500,000 in revenue from its new sunscreen products, the company said in a statement to the Nasdaq Riga stock exchange, cites LETA.

Keyword tags: Baltic Export, Latvia, Markets and Companies



Baltic countries post growth in January-February exports

Baltic countries post growth in January-February exports

13.04.2018

All three Baltic countries posted year-on-year growth in exports for the first two months of 2018, figures from the EU statistical office Eurostat showed on Friday, cites LETA/BNS.

Weakening ruble may affect some Lithuanian exporters

Weakening ruble may affect some Lithuanian exporters

12.04.2018

Russia's ruble, which has been falling recently, may adversely affect some Lithuanian exporters, the business daily Verslo Zinios reported on April 12th, informs LETA/BNS.


Members of Latvian Furniture association raise turnover by 12.8% in 2017

Members of Latvian Furniture association raise turnover by 12.8% in 2017

10.04.2018

In 2017, the companies united in Latvijas Mebeles (Latvian Furniture) furniture producers' association raised their aggregate turnover by 12.8% year-on-year to EUR 79.13 million, the association’s executive director Ieva Erele told LETA.

In February, foreign trade turnover in Latvia rose by 9.9% y-o-y

In February, foreign trade turnover in Latvia rose by 9.9% y-o-y

09.04.2018

Provisional data of the Central Statistical Bureau (CSB) show that in February 2018 the foreign trade turnover of Latvia amounted to EUR 2.02 bln, which at current prices was 9.9% more than in February 2017, of which the exports value of goods was 11.6% and imports value of goods was 8.4% higher. In February, Latvia exported goods in the amount of EUR 932.7 mill. but imported – in the amount of EUR 1.09 bln. Compared to February 2017, foreign trade balance has improved as exports in total foreign trade amount increased from 45.4% to 46.1%.


09.04.2018

Latvian food, agricultural and fish product exports grew by 21.3% in 2017

The Latvian exports of food, agricultural and fish products last year increased by EUR 464.4 million or 21.3% compared to 2016, according to the report on foreign trade in 2017 prepared by the Agriculture Ministry based on the Eurostat data, cites LETA.

06.04.2018

Chamber urges Latvian businessmen to launch exports to China

Latvian Chamber of Commerce and Industry is urging businessmen to use the opportunities offered by the New Silk Road initiative and start exporting their products and services to China, the LCCI told LETA.

06.04.2018

Auga from Lithuania working with Japan's biggest retailer Aeon

Auga Group, one of the biggest agricultural investment companies in the Baltic states indirectly controlled by Lithuanian businessman Kestutis Juscius, has launched cooperation with Japan's biggest retailer Aeon, Verslo Zinios business daily said, cites LETA/BNS.

03.04.2018

Estonian woodhouse manufacturers may boost exports to France

Estonian manufacturers of wooden houses are interested in increasing the export of their output to the market of France, the Estonian Woodhouse Association said on April 3rd, informs LETA/BNS.

29.03.2018

Aldaris saw turnover increase to EUR 26.4 mln in 2017

The Latvian brewery Aldaris posted a two percent increase in turnover last year, reaching EUR 26.4 million, the company's board member Sigita Ozola told LETA.

27.03.2018

Latvijas Balzams gets construction permit to expand its production plant in Riga

The Riga City Construction Board on Monday issued the construction permit to Latvijas Balzams producer of alcoholic drinks for expansion of its existing production plant in the Latvian capital, informs LETA.

27.03.2018

Liviko planning to restart active sales to Russia in May

The Estonian alcoholic beverages maker Liviko estimates that the export of Estonian alcohol to Russia will start growing this year and the company is planning to restart active sales to the Russian market in May, the daily Postimees writes., cites LETA/BNS.

21.03.2018

Taxify adds tuk-tuks, motorcycle taxis to its platform in Africa

Ride sharing firm Taxify has introduced a tuk-tuk and motorbike hailing service on the African market that works within its existing smartphone app being used by conventional passenger vehicles, informs LETA/BNS.

20.03.2018

Olainfarm raises sales by 33% in February

Preliminary consolidated results of Latvia's Olainfarm pharmaceutical group show that its sales in February 2018 rose 33% against the same month last year to EUR 10.69 million, the company said in a report to Nasdaq Riga, writes LETA.

20.03.2018

Latvia shows one of highest export growths in EU in January

In January 2018, Latvia showed one of the highest export growths year-on-year compared to other EU member states, according to the figures published by Eurostat, cites LETA.

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