International Internet Magazine. Baltic States news & analytics
Thursday, 23.02.2012, 03:36
Latvia records EU's largest increase in new industrial orders in December
22.02.2012In December 2011, compared to December 2010, seasonally-adjusted industrial orders grew 40% in Latvia, which was the steepest increase across the European Union, according to the latest data from the EU's statistical office Eurostat.
Keyword tags: Analytics, EU – Baltic States, Good for Business, Industry, Markets and Companies
Tourists see Tallinn and Helsinki as twin cities
22.02.2012Tourists regard Tallinn and Helsinki as twin cities for years; many guests visit the cities during cruise tours to St. Petersburg and Stockholm, Daisy Järva from the Estonian Association of Travel Agencies said, as the news portal BBN referring to Aripaev.
Forest industry exports at LVL 1.175 bln in 2011; growth 15.7%
22.02.2012Latvia's forest industry exports reached LVL 1.175 billion in 2011, a 15.7% increase on 2010, according to data from the Agriculture Ministry's Forest Department.
Elvi turnover increased by 10% in 2011
22.02.2012Elvi chain stores boosted their turnover by ten percent last year, Nozare.lv was informed by Elvi Marketing Manager Laila Vartukapteine.
Latvian Defense Minister and Uzbek officials discuss transit to Afghanistan
22.02.2012During a visit to Uzbekistan yesterday, Latvian Defense Minister Artis Pabriks (Unity) met with Uzbek Foreign Minister Abdulaziz Kamilov and Uzbekistan Railways Chairman Achilbay Ramatov to discuss transit to Afghanistan, LETA was informed by the Defense Ministry's spokeswoman Daina Ozolina.
Latvian lingerie manufacturers take part in the UK largest fashion trade exhibition Moda
Nine Latvian popular lingerie brands are represented in in the UK largest fashion trade exhibition: Gracija-RIM, Magija Lingerie, Nikol Djumon, Novella, Orhideja, Regina N, Roksa, Rosme, and Vaide.
Lithuanian Petraviciute sets up traditional Eastern Europe food shop in UK
Lithuanian Lida Petraviciute has set up a Lithuanian, Russian and Polish food shop with help from Enterprise Coaching, northantset.co.uk reports.
WOW air will connect Reykjavik and Kaunas
A newly established Icelandic company WOW air intends to open a new air route between Kaunas and Reykjavik starting from June this year, The Lithuania Tribune reports referring to Lietuvos Rytas.
Latvian UPB Holding’s turnover grew by 35% in 2011
The industrial concern UPB Holding, according to its provisional data, achieved EUR 79 million (LVL 55.3 million) in consolidated turnover in 2011, which is 35% more than in 2010, Nozare.lv was informed by UPB Holding Marketing Director Ilze Freimane.
Nordecon to build Translational Medicine Center of Tartu University
Estonian construction company Nordecon AS has signed a contract with the University of Tartu on design and building of a Translational Medicine Center on Viljandi Road; the center will be built as an extension to the current Chemistry Building of the University, the Estonian building company reported in a statement.
In January Lithuanian airports served 30.5% more passengers
Interim data of Statistics Lithuania shows that airports served total of 208,100 passengers in January or by 30.5% more than year-on-year.
Lithuanian Broadband Internet development RAIN – among 12 best EU projects
RAIN2, the project of Broadband Internet development, is in the list of 12 exemplary projects of good practice, which have been included in The Guide to Broadband Investment 2011 ordered by the European Commission, the Ministry of Transport and Communications in Lithuania said.
Government of Japan: Hitachi opens door for other Japanese investments in Lithuania
On Monday, during his working visit to Japan, Prime Minister Andrius Kubilius received some positive accounts on the development of the Visaginas Nuclear Power Plant (NPP) project.
Orlen Lietuva invests EUR 24 mln in oil refining efficiency
Public Company Orlen Lietuva launches a partial modernization of its Petroleum Refinery Bitumen Production Unit, which will allow increasing the yield of light petroleum products and minimizing the cut of low-value residue.
Estonian Air to add flights on Tallinn-Paris route
Starting from March 16, 2012, Estonian national carrier Estonian Air will start to serve the Tallinn-Paris route with three weekly flights, the airline said in a statement.
Additional means to stimulate growth and employment
