International Internet Magazine. Baltic States news & analytics
Wednesday, 01.10.2014, 11:10
Estonian Prime Minister Taavi Rõivas recognised dairy companies at the opening of Väätsa farm complex for their determination to find options to create higher added value in production despite difficult times, reports BC government’s press service.
Keyword tags: Agriculture, Baltic Export, Estonia, EU – Baltic States, Good for Business, Markets and Companies
Turnover by small and medium sized businesses in Latvia in 2013 was up by an average of 18%, reaching almost EUR 28,000 per company, the board chairman of the registry of enterprises Lursoft Iluta Riekstins said in a forum of small and medium sized business yesterday, cites LETA/Nozare.lv.
The Estonian dairy industry sales revenue in the first half of the year 2014 was by nearly 10% higher and profit increased by 1.7% compared to the same period last year, LETA/Public Broadcasting reports.
Data of Central Statistical Bureau (CSB) show that, compared to July, the total retail trade turnover in August 2014 dropped by 0.2%, according to seasonally adjusted data at constant prices. Compared to August 2013, the total retail trade turnover in August 2014 increased by 3.9%.
Latvian airline airBaltic together with its consortium partners AirbusProSky and Latvijas Gaisa Satiksme completed the AMBER project under the Atlantic Interoperability Initiative to Reduce Emissions (AIRE)., reported BC vice president of corporate communications at airBaltic Janis Vanags.
Estonian Ministry of Agriculture predicts Estonia's grain harvest in 2014 at a record 1.2 million tonnes, which is by 22% more than last year, LETA/Postimees Online reports.
On 29 September 2014, Estonian Air starts flights between Tallinn and Bromma Stockholm Airport. The flights are operated twice a day on weekdays from 29 September to 19 December 2014 and from 26 January to 19 June 2015, reports BC Estonian Air’s press service.
The Maxima store chain planning to open up to 20 stores in Estonia over the next three years and thinks that the current and future stores give the company the opportunity to become the retail market leader in Estonia by 2016, said Chief Executive Officer of Maxima Eesti Vaidotas Pacesa, Äripäev.ee/LETA reports.
Xinhua News Agency's Europe Regional Bureau on Thursday launched a mobile app – Xinhua Europe – in a bid to strengthen China's media coverage of Europe and help people in Europe know more about China.
In August 2014, 508,820 passengers traveled to and from International Airport Riga, which is almost three percent more when compared to August of last year, the airport has informed LETA.
On the sidelines of the 69th Session of the UN General Assembly (UNGA), Latvian Foreign Minister Edgars Rinkevics met with the Minister of Foreign Affairs of the United Arab Emirates (UAE), Sheikh Abdullah bin Zayed Al Nahyan, LETA was informed by the Foreign Ministry.
It is well-known that “social market economy” is the main European Union’s development motto. Social responsibility becomes a motto for business leaders and decision-makers in the Nordic states as well. New trends in corporate social responsibility (CSR) were revealed recently at a conference in Denmark. Can corporate leadership in the Baltic States accept CSR principles in their strategies?
The Drupa team, represented by Viesturs John Drupa and Mara Bertina made their chili a winner at the 10th Annual Chili Cook-Off organized by the American Chamber of Commerce in Latvia (AmCham) on September 25 at the restaurant PinUp, informed BC executive director Liga Smildzina-Bertulsone.
According to Statistics Estonia, a total of 24 million tourists stayed in Estonian accommodation establishments in the years 2004-2013; of these, a third were local, the rest foreign tourists, LETA/Public Broadcasting reports.
Ryanair, Europe’s favourite low fares airline, launched its Lithuanian summer 2015 schedule with 28 routes in total including two new summer routes from Kaunas to Shannon and Vilnius to Madrid, which will deliver 1.2m customers p.a. and support over 1,200* on-site jobs at Kaunas and Vilnius airports, reported BC Vilnius airport’s press service.