International Internet Magazine. Baltic States news & analytics
Saturday, 07.12.2013, 10:29
On Friday, Lithuania's Prime Minister Algirdas Butkevicius buried a capsule marking the beginning of construction of the new summer concert complex in resort town Palanga, informs LETA/ELTA.
Keyword tags: Construction, Culture, Good for Business, Lithuania, Real Estate
Binders was the largest road and bridge construction company in Latvia last year with a turnover of LVL 55.28 million, according to the Latvian Business Report 2013 collated by Firmas.lv and Nozare.lv, informs LETA.
Stora Enso Packaging was the leader in Latvia's packaging and light industries in 2012, turning over LVL 24.82 million, according to the Latvian Business Report 2013 collated by Firmas.lv and Nozare.lv, writes LETA.
Joint-stock steelworks company Severstallat consolidated sales in the first nine months of the year increased 19% from the same period in 2012, whereas the company's earnings before interest, taxes, depreciation and amortization increased 22% to a total of USD 9.7 million (LVL 4.99 million), Severstallat representative Olga Nesterova told Nozare.lv, cites LETA.
The Tallinn city government approved on Wednesday a detailed development plan that gives owners of the Tallink shipping company a green light to build Estonia's largest shopping and entertainment centre in the Lasnamäe city district of the capital city Tallinn, LETA/Eesti Päevaleht writes.
Livonia Print was the largest printing and publishing industry company in Latvia in 2012, turning over LVL 21.98 million, according to the Latvian Business Report 2013 collated by Firmas.lv and Nozare.lv, writes LETA.
Accelerated growth enables Transiidikeskuse AS to exceed its annual growth target of 10% in 2013, LETA/Äripäev.ee reports.
With a turnover of LVL 305.23 million, the joint-stock metallurgical company Liepajas metalurgs was the leader in Latvia's metallurgical and mechanical engineering industry last year, according to the Latvian Business Report 2013 collated by Firmas.lv and Nozare.lv, writes LETA.
Latvian airline airBaltic is the first brand of the Baltic region to reach 100 000 Facebook followers. To celebrate such an achievement, airBaltic used an unmanned drone to deliver free flight tickets to Facebook fans, informs BC Jānis Vanags, vice president of corporate communications at airBaltic.
Winter cruise season in Tallinn was opened on Friday November 29th by Fred Olsen ship Black Watch that brings about 700 British cruise tourists to the capital of Estonia. This season, Tallinn expects 7 winter cruise calls together with other special winter holiday travels, reports BC Port of Tallinn’s marketing specialist Triin Rum.
Eesti Post will install 19 new generation Post24 parcel terminals in Latvia and Lithuania, 10 in Latvia and 9 in Lithuania as interest of clients has been active towards the service, LETA/Public Broadcasting reports.
The well-known global magazine National Geographic has included Riga on its list of the 20 most recommended travel destinations for 2014, informs LETA.
Marju Kõivupuu, a senior research fellow of ethnoculture in Tallinn University Estonian Institute of Humanities, has been named Citizen of the Year, Tallinn Univeristy's press service said in a statement, cites LETA.
Latest data compiled by the Central Statistical Bureau of Latvia show that, in comparison with September, industrial production volume in October increased by 0.3%, according to seasonally adjusted data at constant prices; of which in manufacturing – by 0.3%, in electricity and gas supply – by 1%, while in mining and quarrying there was a decrease of 1.2%.
According to Statistics Estonia, in the 3rd quarter of 2013 the total profit of the business sector was 945 million euros, which was 5% more than in the same period a year earlier.