International Internet Magazine. Baltic States news & analytics
Tuesday, 22.07.2014, 10:20
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.
Keyword tags: EU – Baltic States, Good for Business, Latvia, Legal Counsel, Port, Transport
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.
In the first six months of 2014, telecommunications group Lattelecom recorded a 3.3% increase in turnover that reached EUR 94.5 million, while the group's EBIDTA (earnings before interest, depreciation, taxes and amortization) grew 7.3%, Lattelecom spokeswoman Liga Bite informed the business portal Nozare.lv, cites LETA.
In June, new vehicle registrations in Latvia increased by 13.2% – the 11th largest increase in Europe, the latest report from European Automobile Manufacturers Association (ACEA) indicates, cites LETA.
Lithuanian Ambassador to Ukraine Petras Vaitiekunas was awarded by Lithuanian Business Confederation award The Business Ambassador for his contribution representing Lithuania's business and political interests in Ukraine and for active efforts in developing democracy in Ukraine, reports LETA/ELTA.
The joint-stock egg producer Balticovo has started exporting eggs to Afghanistan, where the company plans to export two million eggs a month, CEO Arnis Veinbergs informed Nozare.lv, cites LETA.
The Baltic States' largest and most modern dairy farm opened the Järvamaa county, central Estonia this week; the Lõõla dairy farm of Väätsa Agro accommodates 2,200 milking cows, LETA/Public Broadcasting reports.
According to audited financial results, Latvian joint-stock public catering and food producer Lido achieved it largest turnover in five years in 2014 – EUR 29.72 million, the company informed the business information portal Nozare.lv, cites LETA.
The year 2013 was positive for the Estonian timber industry as exports and total sales growth accelerated and the number of employed in the sector grew, LETA/Postimees Online cites an analysis of the Estonian Economy and Communications Ministry.
BENU aptieka drugstore chain increased its turnover and profit last year, according to information provided by Firmas.lv, reports LETA/Nozare.lv.