International Internet Magazine. Baltic States news & analytics
Thursday, 24.07.2014, 07:26
Scandinavian company "Orkla" is interested in acquiring the Latvian food production company "NP Foods", reports NOZARE.Lv/LETA reffering to unofficial information obtained by the LNT television channel.
Keyword tags: EU – Baltic States, Foodstuff, Good for Business, Markets and Companies
The 75.4 million euro funding by the European Commission and the Estonian government for buying new trains brought Estonian state-owned passenger train company Elron last year 68.6 million euros of profit, informs LETA reffering to Postimees.
Estonian state-owned postal company Omniva, formerly called Eesti Post, will expand its parcel terminal network in Estonia by a quarter, Äripäev Online cites the company, reports LETA.
During the General Meeting of Shareholders of Lietuvos Dujos held on 22 July, 2014 a decision was made to pay LTL 53.3 million (EUR 15.4 million) as dividends, or 18.3 Lithuanian cents per share, said the company in a statement, informs ELTA/LETA.
In the middle of 2014 Siauliu Bankas and the Bank Group have been further improving the key performance indicators and maintaining the stable growth. The unaudited net profit of Siauliu Bankas' Group reached LTL 22.4 million (EUR 6.5 million) over the first half-year which is by 3.4 times more than over the respective period in 2013 when it earned LTL 6.5 million (EUR 1.9 million), said the bank in a statement, informs ELTA/LETA.
Latvian airline airBaltic has become the world’s first airline to accept Bitcoin as payment for its tickets to 60 destinations in Europe, Middle East, Russia and the CIS, reperted BC Janis Vanags, Vice President Corporate Communications.
Increasingly more people choose to shop online - Swedbank statistics indicate that during the first five months of 2014, the amount of online purchases by Swedbank clients increased by 25 percent as compared to the respective period of 2013, reports LETA.
According to information in the company's annual report, Latvian IT company "Tilde" in 2013 earned EUR 258,757, which is 2.94 times more than in 2012, informs NOZARE.LV/LETA.
On July 14, 2014, after the meeting with the senior officials of Latvia Mr. Masayuki Oku, vice president of Keidanren (Japan Business Federation) and Head of the Sumitomo Mitsui Financial Group and his accompanying delegation of eight members paid visit to the Freeport of Riga Authority, informs BC Press and Information Division jf port. The delegation was also accompanied by the Japanese Ambassador to Latvia Mr.Toshiyuki Taga.
Tobacco products dealer "Philip Morris Latvia" earned EUR 465,966 in profit last year, informs LETA/NOZARE.LV reffering to information provided by "Firmas.lv".
World's first auto-follow action sports drone "AirDog" has raised USD 1,044,260 (EUR 772,096) on the crowd-funding platform "Kickstarter" with about 1,070 backers, informs LETA reffering to the business portal "Nozare.lv".
Drug wholesaler Recipe Plus posted EUR 131.11 million in turnover last year, LETA/NOZARE.LV informs reffering to information provided by Firmas.lv.
Estonian passenger shipping company AS Tallink Grupp and Bridgemans Services Ltd. have entered into a charter agreement to charter the cruise ferry Silja Europa to Australia from August 2014 as an accommodation vessel, Tallink informed the Tallinn stock exchange, informs LETA.
Estonian fashion and retail trade company Baltika informed the Tallinn stock exchange that the group's second-quarter net profit including discontinued operations was 648,000 euros, which is by 24,000 euros better that in the same period last year, informs LETA.
The low-cost airline Ryanair carried its 15-millionth passenger on flights to/from the Baltic States today, the airline informed Nozare.lv, cites LETA.