International Internet Magazine. Baltic States news & analytics
Friday, 31.10.2014, 17:37
According to Statistics Estonia, in September 2014, the production of industrial enterprises rose by 4% compared to September of the previous year. The production increased in manufacturing, but decreased in mining and energy.
Keyword tags: Analytics, Estonia, Good for Business, Industry, Markets and Companies
According to Statistics Estonia, in September 2014 compared to September of the previous year, the retail sales of goods of retail trade enterprises increased 6% at constant prices.
Irish low-fare airline Ryanair hopes to serve 2.3 million passengers in the Baltics in 2014, the airline informed LETA.
A container terminal covering around 40 hectares, built on land regained from the sea, has been completed in the North East Estonian Sillamäe Port, the local Põhjarannik newspaper writes, cites LETA.
Estonian Minister of Economy and Infrastructure Urve Palo, Elering’s CEO Taavi Veskimägi and the Vice President of the Finnish Wärtsilä Group are inaugurating Elering’s emergency reserve power plants on Friday, Elering announced, cites LETA.
The unaudited consolidated profit before income tax of Apranga Group amounted to LTL 33.7 million (EUR 9.8 million) during the nine months of 2014, while Apranga Group has made the profit of LTL 33.1 million (EUR 9.6 million) in the same period of 2013 (an increase of 2.0 percent), the company announced LETA/ELTA.
On October 30th, airBaltic launched a new direct route linking Vilnius and Amsterdam. The flight, which will operate three times a week, offers convenient connections between the two capitals, linking Vilnius via Amsterdam to the rest of the world, and linking Amsterdam to the Baltic Region and beyond through airBaltic’s connections to Scandinavia and the CIS, informed BC Janis Vanags.
Ahlstrom, a high performance fiber-based materials company Ahlstrom, celebrates the inauguration of its Service Center in Vilnius, Lithuania, reports LETA/ELTA.
Estonian state-owned port operator AS Tallinna Sadam (Port of Tallinn) posted an unaudited turnover of 88 million euros and net profit of 34.2 million euros in the first nine months of this year, the company announced, LETA/Postimees Online reports.
Tallinn Airport is among the best airports in Europe, based on the overall airport experience determined by travellers who had taken the site’s 2014 airport survey, reported LETA/Baltic Business News.
Estonian fashion and retail company Baltika informed the Tallinn Stock Exchange that its third-quarter profit in 2014 was 151,000 euros, that is a 763,000 euros improvement compared to continued operations loss of same period in the prior year (-612,000 euros), informs LETA.
Mobile communications operator Bite Latvija (Bite) earnings before interest, taxes, depreciation, and amortization (EBITDA) reached EUR 3.4 million in the third quarter of 2014; this is 23% more than in the respective period of 2013, the company's director Fred Hrenchuk told the business portal Nozare.lv, informs LETA.
Irish low-fare airline Ryanair launched its new Riga-Cologne service today, the Riga International Airport informed the business information portal Nozare.lv, cites LETA.
President Toomas Hendrik Ilves attended the awards ceremony of the 'Farmer of the Year 2014' competition on October 28th, recognising the best farmers in Estonia and personally congratulating the title winner, Vändra OÜ director Ilmar Teevet, reports BC presidential press service.
European language technology company Tilde is launching a new set of cloud services for automated translation at the world’s largest localization conference, Localization World, in Vancouver on October 30-31, informed BC the company.