Good for Business

International Internet Magazine. Baltic States news & analytics Tuesday, 03.03.2015, 09:21

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In 2014, volume of freights in Latvia increased by 2.5%

In 2014, volume of freights in Latvia increased by 2.5%

02.03.2015

According to the information on freight transport compiled by the Central Statistical Bureau, in 2014 the total volume of freights carried in main transport sectors has grown by 2.5% as compared to 2013 in Latvia.

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



Retail trade turnover in Latvia grew by 1.7% in January

Retail trade turnover in Latvia grew by 1.7% in January

02.03.2015

Data of Central Statistical Bureau show that, compared to December 2014, the total retail trade turnover in January 2015 rose by 1.7%, according to seasonally adjusted data at constant prices.

Turnover of Lithuania's Apranga rose to EUR 12.5 mln in February

Turnover of Lithuania's Apranga rose to EUR 12.5 mln in February

02.03.2015

The retail turnover (including VAT) of the Lithuanian Apranga Group amounted to EUR 12.5 million in February 2015, and has increased by12.9% in comparison to February 2014, the Group said in a statement, cites LETA/ELTA.


Crane assembly plant to triple number of employees at its Paldiski facility

Crane assembly plant to triple number of employees at its Paldiski facility

02.03.2015

E-profiil, the company that assembles gigantic crane structures at Paldiski, will build the second production plant in near future and will increase the number of employees at Paldiski from 30 to 100, writes Postimees Online, citing local newspaper Harju Elu.

Lithuanian Agrowill Group posts EUR 42 mln in revenue in 2014

Lithuanian Agrowill Group posts EUR 42 mln in revenue in 2014

02.03.2015

Agrowill Group, AB has published the interim unaudited financial information for 2014. The effect of the merger between Agrowill Group, AB, Baltic Champs, UAB and eTime invest, UAB is incorporated into the provided Group's consolidated financial statements, cites LETA/ELTA.

02.03.2015

Valmiera Glass group increased turnover by 23% in 2014; profits up

Joint stock fiber-glass manufacturer Valmieras stikla skiedra (Valmiera Glass) concluded 2014 with its highest net turnover since the foundation of the company, according to the company's un-audited financial report submitted to the ''Nasdaq'' Riga Stock Exchange, cites LETA.

02.03.2015

EC approves Protected Geographical Indication for Lithuanian cheese Liliputas

The European Commission (EC) has approved the Protected Geographical Indication (PGI) for the Lithuanian cheese Liliputas, informs LETA/ELTA.

02.03.2015

Latvijas balzams turnover grew to EUR 73.7 mln in 2014

Joint-stock alcoholic beverages producer Latvijas balzams turnover increased 4.8% in 2014, amounting to EUR 73.7 million, according to the company's unaudited financial statement submitted to "NASDAQ OMX Riga", cites LETA.

02.03.2015

EUR 12 mln to be invested in Wash&Drive self-service car washes in Latvia

More than EUR 12 million will be invested in the development of the first network of self-service car washes in Latvia, Wash&Drive, which will have car washes in more than twenty cities and towns of Latvia, as Wash&Drive board member and co-owner Augusts Iesalnieks told LETA.

27.02.2015

Ekspress Grupp reports 30% increase in profit for 2014

Estonian media company AS Ekspress Grupp announced that the year 2014 was a successful year for it: in year-on-year comparison, the consolidated EBITDA of the group increased by 22% to almost EUR 9 million and consolidated net profit was 30% higher and amounted to EUR 4.6 million, informs LETA.

27.02.2015

Tallink and Meyer Turku signed contract for new generation LNG powered fast ferry

Estonia's biggest passenger shipping company AS Tallink Grupp and Meyer Turku Oy signed a contract for the construction of the LNG powered fast ferry for Tallinn-Helsinki route shuttle operations, Tallink announced LETA.

27.02.2015

Grigiskes Group increases profit by 72.8% in 2014

During the twelve months of 2014, the Group consisting of Grigiskes AB, Baltwood UAB, Klaipedos kartonas AB, Mena Pak PAT, and Klaipeda Recycling UAB achieved the consolidate sales turnover of LTL 343.7 million (EUR 99.5 million). It is LTL 14.9 million (EUR 4.3 million) or 4.5% more than during the twelve months in 2013, Grigiskes AB reported LETA/ELTA.

27.02.2015

2 million tourists visited Riga in 2014

A total of 1,122,926 visitors stayed at hotels and other accommodations in Riga in 2014, which represents a 15.6% increase on 2013. The total number of tourists visiting the city reached 2 million last year, according to information from the Central Statistical Bureau, tabulated by the Riga Tourism Development Bureau.

27.02.2015

Lithuanian Post opens Logistics Centre

On 26 February 2015, Lithuanian Post (Lietuvos pastas) opened Logistics Centre in Ramuciu village, Kaunas district, informs LETA/ELTA.

27.02.2015

Rigas dzirnavnieks turnover grew to EUR 22 mln 2014 financial year

Joint-stock Latvian grain processing company Rigas dzirnavnieks turnover last financial year 2014 amounted to EUR 22.2 million as the company diversified exports, focusing on the Near East region, LETA learned at the company.

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