International Internet Magazine. Baltic States news & analytics
Saturday, 30.05.2015, 17:30
The Latvian fish processing company Brivais vilnis turned over EUR 2.144 million in the first quarter of 2015, reports LETA, according to the company's financial report submitted to Nasdaq Riga stock exchange.
Keyword tags: Baltic Export, Foodstuff, Latvia, Markets and Companies
The importance of exports in services for Lithuanian trade has been growing in recent years, and with the growth of the need for analytical information on this sector, the Bank of Lithuania updated the published country's balance of payments statistical data and from now on it will publish information in accordance with the countries that are Lithuania's key partners in the service trade, the central bank said in a statement, cites LETA/ELTA.
Estonian Food and Veterinary Office (FVO) and the Veterinary Office of Ukraine signed export certificates according to which Estonian pig farmers have a chance to start exporting live pigs to Ukraine, LETA/Postimees Online reports.
Prime Minister of Lithuania Algirdas Butkevicius has confirmed that Lithuania's meat producers will be allowed to export their goods to Hong Kong. Lithuanian beef and pork products have been acknowledged to be of high quality and suitable for import, informs LETA/ELTA.
Russia could soon impose a new import ban on fish and fish products from Latvia and Estonia, this according to Ivan Ponomarev, a representative of the Russian food safety supervising board Rosselhoznadzor, cites RBC/LETA.
Dairy company Food Union sends its first container of ice cream to China to the city of Shanghai today, informs LETA.
People's Republic of China Hong Kong's Food and Environmental Hygiene Agency approved health certificates of poultry meat produced in Estonia; AS HKScan Estonia that applied for the import permit can start exporting chilled and frozen poultry to Hong Kong, LETA/Public Broadcasting reports.
Statistics Estonia announced in its statistical blog that in the first quarter of 2015, 58,000 tonnes of milk and dairy products of Estonian origin were exported, for a total of 31.2 million euros; as compared with the same quarter of last year, the amount of exported milk and dairy products decreased by 17% and the monetary value by 38%, LETA/Õhtuleht online reports.
Economic growth slowed down significantly in all three Baltic countries in the first quarter of 2015. However, the Latvian economy proved to be the most dynamic among the Baltics, particularly due to export resilience in the context of falling trade with Russia.
Next week, the Russian veterinary and phytosanitary board Rosselhoznadzor representatives will be in Estonia to inspect Estonian fisheries industries, writes LETA/Äripäev.
Danusevics: optimism "unfounded" about new export opportunities for Latvian small producers after TTIP is signed
The optimistic view that small and medium-sized producers of Latvia will have new opportunities for export to the United States after the European Union signs the Transatlantic Trade and Investment Partnership (TTIP) with the United States, is unfounded, as Latvian Merchants' Association President Henriks Danusevics told LETA.
The metal building structure manufacturer S.B.C. turned over EUR 22,816,783 last year, which is 12% more than in 2013, reports LETA, according to Firmas.lv information.
Joint-stock dairy company Preilu siers from Latvia increased turnover by EUR 2.39 million in 2014, reaching EUR 50.56 million, reports LETA.
Chocolate truffles producer Pure Chocolate increased its turnover by 45% in 2014, at the same time suffering a 41% fall in profit, reports LETA, according to Firmas.lv information.
Beverages produced by JSC Latvijas balzams (LB), the largest producer of alcoholic beverages in the Baltics and part of Amber Beverage Group, have received gold and silver medals at one of the most prestigious competitions of the US beverage industry – Wine & Spirits Wholesalers of America, reports BC head of communications for Latvijas balzams and Amber Beverage Group Dana Hasana.