International Internet Magazine. Baltic States news & analytics
Monday, 30.11.2015, 02:49
Statistics Lithuania informs that, based on provisional data, in October 2015, the turnover (VAT excluded) of retail trade enterprises* amounted to EUR 779.6 million; against September 2015, it increased by 2.9% at constant prices (seasonally and working day adjusted – increased by 0.6%).
Keyword tags: Analytics, Good for Business, Lithuania, Markets and Companies, Retail
Lithuania's agricultural investment company Linas Agro Group saw its consolidated net profit soar by 55% in the first quarter of its 2015-2016 financial year, to 3.464 million euros, from 2.235 million euros a year ago, reports LETA/BNS.
Joint-stock oil company Ventspils nafta and its subsidiaries operated with EUR 26.89 million in profit in the first nine months of the year 2015, informs LETA, according to the company's financial report submitted to the ''Nasdaq'' Riga Stock Exchange.
The joint-stock plywood maker Latvijas Finieris remains the leader of the wood processing industry with EUR 193 million in 2014 turnover, according to the Latvian Business Annual Report 2015 compiled by Firmas.lv and LETA.
Today the Latvian airline airBaltic welcomed a Bombardier CSeries aircraft to Riga, Latvia, as part of CS100 demo tour to Northern Europe, informed BC Janis Vanags.
Joint-stock Latvian alcoholic beverage producer Latvijas balzams achieved net turnover of EUR 55.27 million in the first nine months of the year, which is 7.9% more when compared to the same period last year, reports LETA, according to the company's non-audited financial report submitted to the ''Nasdaq'' Riga Stock Exchange.
According to the latest information from the Central Statistical Bureau, during the third quarter of the year (July, August and September), the Latvian coastal resort city of Jurmala registered a 17% increase in tourists when compared to the same period last year, LETA was informed by Jurmala City Council spokeswoman Zane Leite.
Cemex was the leading manufacturer of construction supplies in Latvia in 2014 as the company's turnover amounted to EUR 61.08 million, according to the Latvian Business Annual Report 2015, prepared by Firmas.lv and agency LETA.
After successfully participating in the "IBTM World 2015" business travel fair in Spain, the Latvian capital Riga has been recognized as one of the 10 European cities best suited for organization of international congresses, conferences and corporate events, the Riga Tourism Development Bureau (RTAB) said, cites LETA.
Lithuania's new heavy truck sales grew at the highest annual rate in the EU in the ten months through October, figures from the European Automobile Manufacturers' Association (ACEA) showed on Thursday, cites LETA/BNS.
China Merchants Group (CMG) signed in Beijing on Thursday agreements with the Klaipeda Free Economic Zone (FEZ) and the Klaipeda port authority as part of its plans to expand in the Lithuanian seaport, informs LETA/BNS.
Subsidiaries of the Estonian listed construction group AS Nordecon, OOO Eurocon Ukraine and OOO Prosperitatis, signed a framework agreement on the construction of a housing district and the accompanying social infrastructure in the town of Brovary in Kiev region on 80 hectares, informs LETA/BNS.
Panevezio Statybos Trestas (PST), one of Lithuania's largest building companies, has bagged a 1.5-million-euro order in Sweden, informs LETA/BNS.
During the first nine months of 2015, Latvia exported EUR 1.532 billion worth of forest products, up 3% from the respective period a year ago when Latvian exports of forest products came to EUR 1.489 billion, reports LETA, according to the data of the Forest Department of the Latvian Agriculture Ministry.
Klaipedos Nafta (Klaipeda Oil), the Lithuanian petroleum product terminal operator, has resumed the reloading of vacuum gasoil from the Mozyr oil refinery after a nearly decade’s break and hopes that the flow of this type of cargo from Belarus will become regular, informs LETA/BNS.