Good for Business

International Internet Magazine. Baltic States news & analytics Saturday, 31.01.2015, 09:03

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In 2014, Latvia’s retail trade turnover rose by 3.6%

In 2014, Latvia’s retail trade turnover rose by 3.6%

30.01.2015

Data of Central Statistical Bureau (CSB) show that, compared with 2013, retail trade turnover, according to calendar adjusted data, in 2014 increased by 3.6%. Retail trade in food products grew by 3.6%, whereas retail trade of non-food products – by 3.7%.

Keyword tags: Analytics, Good for Business, Latvia, Markets and Companies, Retail



In 2014, industrial production increased by 2% in Estonia

In 2014, industrial production increased by 2% in Estonia

30.01.2015

According to the preliminary data of Statistics Estonia, in 2014 the production of industrial enterprises grew 2% compared to the previous year. Production increased 4% in manufacturing, but decreased nearly 6% in mining and energy.

The stable growth in retail sales in Estonia continued also in December

The stable growth in retail sales in Estonia continued also in December

30.01.2015

According to Statistics Estonia, in December 2014 compared to December 2013, the retail sales of goods of retail trade enterprises increased 6% at constant prices. Since August, the retail sales growth has remained within a stable of 5–6% compared to the same month of the previous year.


Pre-tax profit of Lithuanian enterprises grows by 23% in 9 months

Pre-tax profit of Lithuanian enterprises grows by 23% in 9 months

30.01.2015

In the first nine months of 2014, Lithuanian companies earned EUR 2.7 billion in pre-tax profit or by 23% more compared with the relevant period of 2013, reports LETA/ELTA.

Estonian RMK boosts profits in 2014

Estonian RMK boosts profits in 2014

30.01.2015

According to preliminary data, the Estonian State Forest Management Centre (Riigimetsa Majandamise Keskus – RMK) increased turnover by 5.6% and profit by 29.3% in 2014, LETA/Postimees Online reports.

30.01.2015

10 records achieved in Klaipeda Seaport in 2014

2014 was marked by the abundance of records set in Klaipeda Seaport. The year has been considered to be the record year both due to received revenue and the record throughput of fertilizers, containers, grain and ore and the impressive number of passengers calling the Seaport, reports BC port’s press service.

30.01.2015

The largest investments registered in Riga, Jelgava, and Liepaja on 2014

In 2014, the majority of investments were registered in Riga, Jurmala, and Marupe Region; meanwhile, companies that made the largest investments were registered in Riga, Jelgava, and Liepaja, reports LETA, according to Lursoft.

30.01.2015

Latvia registers EU's largest increase in nights spent by tourists at hotels in 2014

In 2014, the number of night tourists spent at Latvian hotels and other accommodation establishments increased by 11.1%, which is the largest increase amongst EU members, LETA/Eurostat informs.

30.01.2015

LMT registers highest number of clients in company's history in 2014

The number of clients of the mobile communications operator Latvijas Mobilais Telefons (LMT) has reached 1.113 million, which historically is the highest number of LMT clients, the company's CEO Juris Binde told the press representatives yesterday, cites LETA.

29.01.2015

In January-December, cargo handling in the Baltic Eastern Coast Seaports grew by 3.6%

In January-December 2014, the overall cargo handling in the Baltic Eastern Coast Seaports totalled 122 216 490.8368 161,5 thou. tn; the year-on-year change is +3,6% or +8 12 681,6 thou. tn, reports BC Klaipeda port’s press service.

29.01.2015

Klaipedos Nafta wins 2015 European Gas Award for Project of Year

At the 8th annual European Gas Conference 2015, in Vienna, petroleum company Klaipedos Nafta won the Project of the Year award for the implementation of the Liquefied Natural Gas (LNG) Terminal project, reports LETA.

29.01.2015

Lattelecom earns EUR 30.1 mln in 2014

Telecommunications company Lattelecom operated with a net profit of EUR 30.1 million in 2014, which is 7% more than in 2013, the company informed LETA.

29.01.2015

Revenue of TEO LT in 2014 grew to EUR 202.3 mln

On 28 January 2015, the Board of TEO LT, AB approved Consolidated Interim Financial Statements, prepared according to International Financial Reporting Standards as adopted by the European Union, for the twelve months period ended 31 December 2014, the company said. The total consolidated TEO Group's revenue for the fourth quarter of 2014 was LTL 185 million (EUR 53.4 million), an increase by 3.2% over the total revenue of LTL 179 million (EUR 51.8 million) for the fourth quarter of 2013, writes LETA/ELTA.

29.01.2015

Anva Polytech, is setting up a production facility in Lithuania

Anva Polytech, a rubber component producer from Sweden, is setting up a production facility in Lithuania, with the aim of creating 50 new jobs in the next 5 years. The factory, which will produce a variety of rubber components, will be established in Biržai, Panevėžys County, reports BC Invest Lithuania.

29.01.2015

Turnover of "Galactico" shopping centers in Riga grew by 4% in 2014

The total turnover of "Galactico" shopping malls in Riga – "Alfa", "Mols", "Dole", "Origo", and "Galerija Centrs" – run by the shopping center developer Linstow Center Management, increased by 4% in 2014 as compared to 2013, Linstow Center Management spokeswoman Evija Majevska informed LETA.

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