Good for Business

International Internet Magazine. Baltic States news & analytics Friday, 28.07.2017, 01:49

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Turnover of trade and repair of motor vehicles enterprises in Lithuania grew by 0.6% in June

Turnover of trade and repair of motor vehicles enterprises in Lithuania grew by 0.6% in June

27.07.2017

Statistics Lithuania informs that, based on provisional data, in June 2017, the turnover (VAT excluded) of enterprises engaged in wholesale and retail trade, repair of motor vehicles and motorcycles amounted to EUR 296.2 million at current prices and, against May 2017, seasonally and calendar adjusted, increased by 0.6% at constant prices (unadjusted – decreased by 3.9%).

Keyword tags: Analytics, Car market, Good for Business, Lithuania, Retail, Transport



Estonian ice cream producer Premia doubles profit in 2016

Estonian ice cream producer Premia doubles profit in 2016

27.07.2017

Sales of the Estonian ice cream producer Premia Tallinna Kulmhoone AS grew 14.6% on year to 48.3 million euros in 2016, while the company's profit doubled to 3.2 million euros, informs LETA/BNS.

Estonian women's fencing team become world champions in Leipzig

Estonian women's fencing team become world champions in Leipzig

27.07.2017

The Estonian women's fencing team have become epee world champions after beating China 45-33 at the World Championships held in Leipzig, Germany, reports LETA/BNS.


Cleveron has supplied US Walmart with 100 parcel terminals

Cleveron has supplied US Walmart with 100 parcel terminals

27.07.2017

Estonian delivery solutions company Cleveron has supplied the American multinational retailing corporation Walmart with 100 click-and-collect parcel terminal PackRobots and the company said more are being produced constantly, informs LETA/BNS.

Latvian Mikrotikls posts over EUR 66 mln in 2016 profit

Latvian Mikrotikls posts over EUR 66 mln in 2016 profit

27.07.2017

Latvian IT company Mikrotikls, known internationally as MikroTik, in 2016 generated EUR 223.285 million in turnover at a 10.3% rise from 2015, and its profit grew 7.9% to EUR 66.241 million, writes LETA, according to Firmas.lv business information website.


27.07.2017

Tallink to test Helsinki-Riga route

The listed Estonian shipper Tallink is trying to figure out the interest of Finns in traveling to Riga by ship and it set to carry out a test cruise from Helsinki to Riga at the end of this week, writes LETA/BNS.

27.07.2017

Revenue of Estonian Harju Elekter rose by 46% in Q2

Revenue of the listed Estonian electrical equipment maker Harju Elekter Group surged 45.9% to 25.1 million euros in the second quarter of this year and the net profit of the period declined 38.7% to 1 million euros, writes LETA/BNS.

26.07.2017

Elisa, Starman launch mobile TV service in Estonia

Telecommunications company Elisa in cooperation with its subsidiary Starman have launched a mobile TV service Binge, which will allow customers to watch live television or rewatch shows on a smartphone via the internet, reports LETA/BNS.

26.07.2017

Estonian bus operator starts Viljandi-Valmiera service

Estonian bus company Hansa Bussiliinid AS has started operating the route between the central Estonian town of Viljandi and the northern Latvian town of Valmiera once a week, informs LETA/BNS.

26.07.2017

Boen Lithuania raises 2016 revenue to EUR 156.8 mln

Boen Lietuva, a Lithuanian parquet flooring manufacturer operated by Norway's Boen, posted consolidated revenue of 156.83 million euros last year, which is an increase by 12.2%, from 139.834 million euros, in 2015, informs LETA/BNS.

26.07.2017

LDz Logistika, Germany's RTSB to cooperate in development of Asia-North Europe routes

LDz Logistika, a subsidiary of the Latvian state-owned railway company Latvijas Dzelzcels, and German container logistics company RTSB represented in Russia, China, Mongolia, Turkey, Kazakhstan and elsewhere in Eurasia, have signed a cooperation agreement, Latvijas Dzelzcels announced for LETA.

26.07.2017

Estonia's Magnetic MRO, Crestline Investors establish joint venture for aviation assets

Estonian-headquartered Total Technical Care organization Magnetic MRO and U.S.-based institutional alternative asset manager Crestline Investors have established a joint venture, Magnetic Parts Trading Limited for the leasing aircraft and sale of spare parts, reports LETA/BNS.

25.07.2017

1a sales in Baltics rose by 40% in H1

The total sales of online store 1a in the Baltic countries rose 40% in the first six months of 2017 as compared to the first half of 2016, amounting to EUR 23.7 million, as the company informed LETA.

25.07.2017

Estonian Olympic Committee to reward fencers Novosjolov, Beljajeva

Estonian Olympic Committee (EOC) is to reward Estonian fencers Nikolai Novosjolov and Julia Beljajeva for their great results at the World Championships in Leipzig, Germany, informs LETA/BNS.

25.07.2017

Net profit of Estonian FinMin's company totals EUR 833,000 in 2016

The consolidated revenue of food and drink wholesaler AS LTT, in which the Estonian Finance Minister Toomas Toniste also has a shareholding, in 2016 rose 2.5% to 13.5 million euros, while the company's profit increased 12.7% to 833,000 euros., informs LETA/BNS.

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