Good for Business

International Internet Magazine. Baltic States news & analytics Friday, 28.11.2014, 12:55

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Lauma Lingerie opens first franchise store in Africa

Lauma Lingerie opens first franchise store in Africa

28.11.2014

The joint-stock Latvian lingerie and undergarment producer Lauma Lingerie has opened its first franchise store in Africa, the company informs LETA.

Keyword tags: Baltic Export, Good for Business, Latvia, Markets and Companies, Textile



EU Commission approves allocating EUR 7.7 mln to Latvian dairy producers

EU Commission approves allocating EUR 7.7 mln to Latvian dairy producers

28.11.2014

The European Commission today approved allocating EUR 7.7 million to Latvian dairy producers, European Parliament Member Sandra Kalniete (Unity) wrote in her ''Twitter'' account, cites LETA.

"Vincents", "Biblioteka No.1", "Tam labam bus augt!" top three restaurants in Latvia in 2014

"Vincents", "Biblioteka No.1", "Tam labam bus augt!" top three restaurants in Latvia in 2014

27.11.2014

For the second year in a row, an international board of judges presented a ranking of Latvia's best restaurants of 2014. The title of the best restaurant goes to "Vincents", followed by "Biblioteka No.1" and "Tam labam bus augt!", informs LETA/Nozare.lv.


Latvian Saeima redistributes EUR 7.9 mln support package for dairy producers

Latvian Saeima redistributes EUR 7.9 mln support package for dairy producers

27.11.2014

Saeima in Latvia agreed today to redistribute state budget funds in the amount of EUR 7.9 million in order to provide support to dairy producers who have suffered from Russia's embargo, informs LETA.

Telegraph recommends Vilnius Christmas market

Telegraph recommends Vilnius Christmas market

27.11.2014

In its official website, the daily UK broadsheet Telegraph has recommended the Christmas market in Vilnius for holiday makers and Christmas enthusiasts, reports LETA/ELTA.

27.11.2014

Utenos Trikotazas group profit for 9 monts at EUR 1.2 mln

Consolidated operating profit of Utenos Trikotazas group for the 9 months of 2014 was LTL 4.2 million (EUR 1.2 million), while in the same period in 2013 the Group earned LTL 1.1 million (EUR 0.3 million) operating profit, informs LETA/ELTA.

27.11.2014

Latvia registers Europe's second largest increase in tourist numbers in 9 months

According to the latest report from the European Travel Commission, the number of foreign tourists visiting Latvia increased by 18.9% in the first nine months of the year 2014 when compared to the same period last year, which was the second largest increase in Europe, reports LETA.

27.11.2014

Tukuma piens to invest EUR 1 mln to purchase equipment for production of cheese

Joint-stock dairy company Tukuma piens intends to invest EUR 1 million in the purchase of new equipment to begin producing cottage cheese and feta cheese, the company has informed LETA.

26.11.2014

Finnish Peikko sets up new factory in Lithuania

Peikko Group, from Lahti, Finland, has set up a new factory in Lithuania, Invest Lithuania informs BC.

26.11.2014

Latauto.lv: highest increase in new automobile sales since the crisis registered in Q3

A total of 3,795 new automobiles were sold in Latvia in the third quarter this year, which is 20% more than in the third quarter of 2013, according to the Latauto.lv classified advertisements website.

26.11.2014

Latvijas tilti finishes EUR 7.38 mln project in Lithuania

Construction company Latvijas tilti has finished a EUR 7.38 million project in Lithuania, according to the company's announcement submitted to the "Nasdaq Riga" stock exchange, reports LETA.

26.11.2014

Latvia allots EUR 9.9 mln to scientific centers

The government of Latvia decided yesterday to allot EUR 9.9 million to consolidation of scientific centers and facilitating their excellence, informs LETA.

26.11.2014

Investment in tangible fixed assets in Lithuania grew by 1.3% in Q3

According to Statistics Lithuania, investment in tangible fixed assets in the third quarter of 2014 amounted to LTL 4.7 billion (EUR 1.3 billion), or by 1.3% more at current prices than in the third quarter of 2013, reports LETA/ELTA.

26.11.2014

Lithuanian president: vessel Mintis opens maritime research opportunities

President Dalia Grybauskaite attended the launching ceremony of Klaipeda University maritime research vessel Mintis. According to the president, the modern ship will ensure freedom for scientific activities and will help Lithuania to consolidate its position in the field of maritime research and innovation, reports LETA/ELTA.

25.11.2014

Number of tourists in Latvian hotels grew by 11.3% in Q3

According to the data of Central Statistical Bureau (CSB), the number of visitors in hotels and other accommodation establishments (1) in the 3rd quarter of the year 2014 comprised 764.6 thousand people. That is 11.3% more than in the 3rd quarter of 2013.

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