Good for Business

International Internet Magazine. Baltic States news & analytics Tuesday, 02.09.2014, 00:00

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In H1, volume of freights and number of passengers carried has increased in Latvia

In H1, volume of freights and number of passengers carried has increased in Latvia

01.09.2014

According to the information on freight transport compiled by the Central Statistical Bureau, in the first half of 2014 the total volume of freights carried in main transport sectors has grown by 2.7% as compared to the first half of 2013.

Keyword tags: Analytics, Cargo, Good for Business, Latvia, Railways, Transport



In July, the growth in retail sales in Estonia accelerated even more

In July, the growth in retail sales in Estonia accelerated even more

01.09.2014

According to Statistics Estonia, in July 2014 compared to July of the previous year, the retail sales of goods of retail trade enterprises increased 10% at constant prices. Retail sales increased by 4% in May and 7% in June compared to the corresponding month of the previous year, whereas in July the retail sales growth accelerated even more.

Lithuanian Apranga’s retail turnover grew by 15% in August y-o-y

Lithuanian Apranga’s retail turnover grew by 15% in August y-o-y

01.09.2014

The retail turnover (including VAT) of the Apranga Group, a group of apparel retail companies, amounted to LTL 67.8 million (EUR 19.6 million) in August 2014, and has increased 15.0% in comparison to August 2013. This is a record monthly turnover of Apranga Group in history, informed LETA/ELTA the company.


Baltika increased sales revenue by 20% in August y-o-y

Baltika increased sales revenue by 20% in August y-o-y

01.09.2014

Estonia’s Baltika generated nearly five million euros in consolidated sales revenue in August 2014, which was 20% more than during the same month last year, writes Postimees Online.

First "AirDog" drones expected already in November

First "AirDog" drones expected already in November

01.09.2014

The first "AirDog" auto-follow action sports drones from Latvia could become available already in November 2014, founder Helico Aerospace Industries Edgars Rozentals said in an interview with the business portal Nozare.lv, cites LETA.

01.09.2014

Krievu Island infrastructure development project in Riga will be completed on time

On August 18, the Riga City Council Deputy Chairman and Chairman of the Board of the Freeport of Riga Mr.Andris Ameriks and the Minister of Transport Mr.Anrijs Matiss visited the site of the ambitious Krievu Island project to assess the infrastructure development progress, reports BC port’s press service.

01.09.2014

Utenos Trikotazas earned EUR 0.4 mln in profit in H1

Consolidated group operating profit for the first half of 2014 was LTL 1.2 million (EUR 0.4 million), as in the same period in 2013 the group incurred LTL 0.8 million (EUR 0.2 million) operating loss, reports LETA/ELTA.

01.09.2014

Vilkyskiu Pienine sales revenue amounted to EUR 56 mln in H1

The consolidated unaudited sales revenues of AB Vilkyskiu Pienine group for the first six months of 2014 amounted to LTL 192 million (EUR 55.7 million) – 22% increase comparing to the same period last year, the company said, cites LETA/ELTA.

01.09.2014

Half-year net profit of Ventspils nafta – EUR 4.35 mln

Net profit of Ventspils nafta and its subsidiaries reached EUR 4.35 million in the first half of 2014, according to a report submitted to NASDAQ OMX Riga, cites LETA/Nozare.lv.

01.09.2014

Pieno Zvaigzdes sales grew by 17% in H1

Based on preliminary unaudited results AB Pieno Zvaigzdes sales over first six months in 2014 accounted to LTL 467.8 million (EUR 135.5 million), 17% higher compare to a year ago, the said in a statement, cites LETA/ELTA.

29.08.2014

In July, retail trade experienced annual increase 3.9% in Latvia

Data of Central Statistical Bureau show that, compared to June, the total retail trade turnover in July 2014 rose by 2.2%, according to seasonally adjusted data at constant prices. Both retail trade in food products and non-food products increased by 2.2%.

29.08.2014

Lithuanian City Service records EUR 97 mln in consolidated revenue

Lithuanian AB City Service has announced its unaudited Consolidated Interim Financial Statements for the six months of 2014, prepared according to International Financial Reporting Standards, and Consolidated Interim Report for the six months of 2014, informs LETA/ELTA.

29.08.2014

Uzbekistan favors Latvian products

More than 40 leaders of Latvian food production companies participated in a meeting with Uzbekistani business owners yesterday. Although, specific cooperation agreements could be signed in November 2014 after the scheduled exhibition for food industry in Almaty, the Latvian Agricultural Consulting and Education Center spokeswoman Iveta Tomsone informed the business portal Nozare.lv, cites LETA.

28.08.2014

Four new hotels to open in Riga in 2015

Four new hotels will have their grand openings in Riga in 2015, two of them with a five-star rating, according to information provided by Nozare.lv, cites LETA.

28.08.2014

Third Subway restaurant in Latvia to open in Vecriga

The third Subway fast-food restaurant will open in Latvia next week, Nauris Liberts, a co-owner and board member of PLG Group, told the business portal Nozare.lv, cites LETA.

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