Good for Business

International Internet Magazine. Baltic States news & analytics Monday, 19.08.2019, 07:00

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airBaltic Training Pilot Academy to Build New Aircraft Hangar in Liepaja

airBaltic Training Pilot Academy to Build New Aircraft Hangar in Liepaja

16.08.2019

airBaltic Training has launched the construction of a new aircraft hangar in Liepaja. Today, on August 16, 2019, airBaltic together with Transport Minister of the Republic of Latvia Tālis Linkaits, partners from International Airport Liepaja, Liepaja’s city council and construction company LTD PICHE, gathered to celebrate the next step of the airBaltic new aircraft hangar construction process at International Airport Liepaja by inserting Time Capsule in the foundation of the hangar.

Keyword tags: Airport, Education and Science, Good for Business, Latvia, Transport



Draugiem Group company printful posts EUR 11.461 mln in 2018 turnover

Draugiem Group company printful posts EUR 11.461 mln in 2018 turnover

15.08.2019

Printful Latvia, a company of IT Draugiem Group, last year posted EUR 11.461 mln in turnover, while the company’s profit was EUR 4.229 mln, according to Firmas.lv business database writes LETA.

Estonia: Ekspress Grupp invests up to EUR 2 mln in automation of production process

Estonia: Ekspress Grupp invests up to EUR 2 mln in automation of production process

15.08.2019

AS Printall, a wholly-owned subsidiary of AS Ekspress Grupp, has entered into agreements to purchase semi-finished product collection systems for magazine web press and flow-feed systems for binding machines with loading equipment for semi-finished product for an investment of up to 1.9 mln euros, informed LETA/BNS.


Lithuania's Novaturas turnover up 1% to EUR 99.8 mln

Lithuania's Novaturas turnover up 1% to EUR 99.8 mln

15.08.2019

Novaturas, one of the largest tour operators in the Baltic states, posted 99.8 mln euros in revenue in the first seven months of this year, up 1% from the same period last year, informed LETA/BNS.

Karavela turnover amounted to EUR 25 mln in H1

Karavela turnover amounted to EUR 25 mln in H1

14.08.2019

Fish cannery Karavela turned over EUR 25 mln in January-June, which is a slight increase on the first half of 2018, the company's marketing director and co-owner Janis Endele told LETA.


14.08.2019

Operator of Latvia's Elkor retail chain raises turnover 4.2% in 2018

ETG, the operator of Latvia's Elkor retail chain, closed 2018 with 52.353 mln euros in turnover, up 4.2% against a year before, and a loss of EUR 1.055 mln in contrast to a profit made in 2017, according to the company's financial report available at Firmas.lv, reported LETA.

14.08.2019

Alexela to open 1st public LNG filling station in Baltics

Alexela will on Wednesday formally open a liquefied natural gas (LNG) filling station at Juri near Tallinn, which is the first public LNG filling station in Estonia and the Baltics, reported LETA/BNS.

14.08.2019

Estonia's Apollo Group opens 1st new concept KFC restaurant in Riga

Estonia's leading entertainment provider Apollo Group OU opened its first new concept Kentucky Fried Chicken (KFC) restaurant in the Latvian capital Riga on Aug. 8. In Tallinn, the first KFC restaurant will be opened in October, reported LETA/BNS.

13.08.2019

Estonian startup Make Commerce launching operations in Lithuania

Make Commerce, an electronic business payments processing startup owned by Estonia's Inbank and the Omniva Group, is launching operations in Lithuania, informed LETA/BNS.

13.08.2019

Lithuanian Railways' Jan-Jul revenue up 2 pct to EUR 266 mln

Lithuania's state-run railway group Lietuvos Gelezinkeliai (Lithuanian Railways) reported 2% growth in revenue for January through July 2019 amid an increase in passenger traffic and a decline in freight shipments, reported LETA/BNS.

13.08.2019

Liwathon bought Vopak's oil terminals at Muuga for EUR 33 mln

Liwathon, a holding of UK-based investor Barclay Rowland, paid 32.8 million euros for Vopak E.O.S, the largest independent oil products terminal operator in the Baltic region, reported LETA/BNS.

13.08.2019

Amount of fresh milk supplied by Latvian dairy farmers up 6.7% in July

The amount of fresh milk supplied by Latvian dairy farmers in July this year rose 6.7% from the same period of last year to 74,027 tons, according to the information from the Latvian Agricultural Data Center.

12.08.2019

McDonald's in five years has invested EUR 5.6 mln in business development in Latvia

US fast food chain McDonald’s in the past five years has invested EUR 5.6 mln in business development in Latvia, said McDonald’s representatives said LETA.

12.08.2019

Spanish architects' idea named best in Vilnius concert hall competition

Spain's Arquivio Architects tops the ranking of best architectural ideas at an international competition for a national concert hall on the Lithuanian capital's Tauras Hill, Vilnius Municipality said LETA/BNS,

12.08.2019

SmartLynx Airlines plans to invest EUR 5 mln in Canada Jetlines startup

SmartLynx Airlines in Canada signed an agreement on a EUR 5 million investment in Canada Jetlines startup in order to solve seasonality problems, said SmartLynx Airlines board member Zygimantas Surintas in an interview with LETA.

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