Good for Business

International Internet Magazine. Baltic States news & analytics Wednesday, 22.10.2014, 06:10

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In September, industrial production in Lithuania increased by 6.9%

In September, industrial production in Lithuania increased by 6.9%

21.10.2014

Statistics Lithuania informs that in September 2014, industrial production totalled LTL 5.8 billion (EUR 1.7 billion) at current prices and, compared to August, grew by 6.9% at constant prices, seasonally adjusted – by 1.7%.

Keyword tags: Analytics, Good for Business, Industry, Lithuania, Markets and Companies



Estonian real estate companies plan to boost turnover and increase staff

Estonian real estate companies plan to boost turnover and increase staff

21.10.2014

According to a survey carried out by the Association of Real Estate Companies (AREC), enterprises in the sector are planning for an increase in sales and in staff during the next six months in 2014 and 2015, writes Äripäev.ee/LETA.

Latvian lingerie maker New Rosme opens store in Iraq

Latvian lingerie maker New Rosme opens store in Iraq

21.10.2014

Lingerie manufacturer in Latvia and the other Baltic States, the public limited company New Rosme (along with partners) at the beginning of this month opened its first store in Iraq, the spokesperson for the company, Sigita Graudusa, told Nozare.lv, cites LETA.


Timchenko officially launches project Meduza in Riga

Timchenko officially launches project Meduza in Riga

21.10.2014

Former chief editor of the Russian news site Lenta.ru, Galina Timchenko, officially launched her project Meduza on October 20th. The project is registered in Latvia to avoid Russia's censorship, informs LETA, referring to DOZHD/FORBES.

Lithuanian start-ups thrive in London

Lithuanian start-ups thrive in London

21.10.2014

The Lithuanian start-ups have come to London to participate at the prestigious TechCrunch Disrupt Conference, reports LETA/ELTA.

20.10.2014

Estonian Krimelte planning to expand operations to India and China

Managing Director of OÜ Krimelte Alar Salum said that their enterprise is aspiring to expand the geographic scope of its exports, and is targeting large Asian countries as potential new markets, writes Äripäev.ee/LETA.

20.10.2014

Baltic ports' cargo turnover increases by 1.1% in 9 months

Cargo turnover at the Baltic countries' ports increased by 1.1% in the first nine months of 2014, amounting to 106.78 million tons, as compared to the respective period of 2013, according to information provided by portal "RZD Partner", cites LETA/Nozare.lv.

20.10.2014

Kauno Grudai wins an innovative product award at SIAL 2014

AB Kauno Grudai instant noodles City Taste won an innovative product award at SIAL 2014 international food industry and beverages exhibition in Paris, informs LETA/ELTA.

20.10.2014

Estonian travel companies targeting superrich from Kuwait

Chief executives of Kuwei’ts eight largest travel agencies will visit Estonia in the final week of October on the invitation of travel agency Wris, writes Eesti Päevaleht, cites LETA/Baltic Business News.

20.10.2014

Construction of "Hilton Garden Inn" gets under way in Riga

Joint stock company LNK Industries has concluded a contract with limited liability company D.N.H. on a new hotel in Riga – "Hilton Garden Inn Riga Valdemara"; the construction job is set to get under way, Inga Domka, the Marketing and Public Relations Manager of LNK Group informed Nozare.lv, cites LETA.

20.10.2014

LMT turnover reaches EUR 123 mln in Q3

Latvijas Mobilais Telefons (LMT) turnover reached EUR 123 million in the first three quarters of this year; the company's EBITDA reached EUR 38 million, LMT spokeswoman Elina Lidere informed the business portal Nozare.lv, cites LETA.

17.10.2014

Lattelecom turned over EUR 141 mln in 9 months

Lattelecom Group's earnings before interest, taxes, depreciation, and amortization (EBITDA) have reached EUR 54.7 million in the first nine months of 2014; the Group's turnover reached EUR 141 million, Lattelecom spokeswoman Liga Bite informed the business portal Nozare.lv, cites LETA.

17.10.2014

Seven Japanese journalists tour Latvia

Dinner in the Riga restaurant "Valters" is the starting point for introducing seven Japanese journalists to Latvia. "Our cuisine and traditional arts and crafts will be the focus," as the State Tourism Development Agency (TAVA) PR specialist Inta Briede informed the Nozare.lv portal, cites LETA.

17.10.2014

Fish farming and processing company to be build near Lithuanian Kupiskis

A fish farming and processing company worth LTL 90 million (EUR 26 million) will soon be built near Kupiskis, a town in north-eastern Lithuania, just 4 kilometres from the town centre, reports LETA/ELTA, referring to Lietuvos zinios.

17.10.2014

Nordecon signed a contract for the construction of Veerenni 24 office building in Tallinn

Nordecon AS and OÜ Kawe Invest, subsidiary of AS Kawe, signed a contract for the construction of an office building on the registered immovable at Veerenni 24. The cost of construction works at the building located in the Baltika quarter at the edge of the City of Tallinn is approximately EUR 9 million without VAT, informed BC Nordecon’s press service.

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