Good for Business

International Internet Magazine. Baltic States news & analytics Friday, 30.01.2015, 02:21

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In January-December, cargo handling in the Baltic Eastern Coast Seaports grew by 3.6%

In January-December, cargo handling in the Baltic Eastern Coast Seaports grew by 3.6%

29.01.2015

In January-December 2014, the overall cargo handling in the Baltic Eastern Coast Seaports totalled 122 216 490.8368 161,5 thou. tn; the year-on-year change is +3,6% or +8 12 681,6 thou. tn, reports BC Klaipeda port’s press service.

Keyword tags: Baltic States – CIS, Good for Business, Lithuania, Port, Tourism, Transport



Klaipedos Nafta wins 2015 European Gas Award for Project of Year

Klaipedos Nafta wins 2015 European Gas Award for Project of Year

29.01.2015

At the 8th annual European Gas Conference 2015, in Vienna, petroleum company Klaipedos Nafta won the Project of the Year award for the implementation of the Liquefied Natural Gas (LNG) Terminal project, reports LETA.

Lattelecom earns EUR 30.1 mln in 2014

Lattelecom earns EUR 30.1 mln in 2014

29.01.2015

Telecommunications company Lattelecom operated with a net profit of EUR 30.1 million in 2014, which is 7% more than in 2013, the company informed LETA.


Revenue of TEO LT in 2014 grew to EUR 202.3 mln

Revenue of TEO LT in 2014 grew to EUR 202.3 mln

29.01.2015

On 28 January 2015, the Board of TEO LT, AB approved Consolidated Interim Financial Statements, prepared according to International Financial Reporting Standards as adopted by the European Union, for the twelve months period ended 31 December 2014, the company said. The total consolidated TEO Group's revenue for the fourth quarter of 2014 was LTL 185 million (EUR 53.4 million), an increase by 3.2% over the total revenue of LTL 179 million (EUR 51.8 million) for the fourth quarter of 2013, writes LETA/ELTA.

Anva Polytech, is setting up a production facility in Lithuania

Anva Polytech, is setting up a production facility in Lithuania

29.01.2015

Anva Polytech, a rubber component producer from Sweden, is setting up a production facility in Lithuania, with the aim of creating 50 new jobs in the next 5 years. The factory, which will produce a variety of rubber components, will be established in Biržai, Panevėžys County, reports BC Invest Lithuania.

29.01.2015

Turnover of "Galactico" shopping centers in Riga grew by 4% in 2014

The total turnover of "Galactico" shopping malls in Riga – "Alfa", "Mols", "Dole", "Origo", and "Galerija Centrs" – run by the shopping center developer Linstow Center Management, increased by 4% in 2014 as compared to 2013, Linstow Center Management spokeswoman Evija Majevska informed LETA.

28.01.2015

Milk production in Estonia in 2014 increased for the fifth year in a row

According to the preliminary data of Statistics Estonia, the production of milk amounted to 799,300 tons in 2014, which is 4% more than the year earlier. The number of dairy cows decreased by the end of the year, but milk production per cow increased.

28.01.2015

US investors increasingly interested in acquiring companies in Latvia

US investors are becoming increasingly interested in Latvian enterprises lately, especially IT companies, according to the international audit, tax, and business advisory company KPMG, reports LETA.

28.01.2015

Riga nominated for European Best Destination award 2015

The Latvian capital Riga has been nominated as one of 20 cities competing for being named Europe’s top travel destination in the annual European Best Destination awards 2015.

28.01.2015

The production of cereals in Estonia broke records in 2014

According to the preliminary data of Statistics Estonia, cereal production was 1,221,600 tons in 2014, which is 25% more than the year before and the biggest cereal production ever recorded in Estonia.

28.01.2015

airBaltic to launch direct service from Tallinn to Vienna

For the summer season, the Latvian national airline airBaltic will launch its third direct route from Tallinn, Estonia, linking the city with Vienna, Austria, and significantly strengthening its position in the Baltic region, reports BC Janis Vanags.

28.01.2015

47 Latvian films to have their premieres in 2015

A total of 47 Latvian movies will have their premieres in 2015; 42 of them were produced in collaboration with the National Film Center of Latvia, as the Center's head Dita Rietuma said, cites LETA.

28.01.2015

Lithuanian cheese Liliputas enters EU's list of protected products

As member-states of the European Union have finally blessed the Liliputas, a Lithuanian semi-hard cheese, from now on it will be possible to sell it with a protected geographical indication logo, informs LETA/ELTA.

27.01.2015

Foreign direct investment in Latvia increased slightly in 2014

In 2014, foreign direct investment in Latvia reached EUR 7.259 billion, which is a 2.92% increase year-on-year, reports LETA, according to Lursoft.

27.01.2015

Estonian startups received 70 mln euros in 2014

A total of 70.4 million euros were invested in Estonian start-ups in 2014, which is 2.3 times more than in 2013, Äripäev.ee/LETA reports.

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