International Internet Magazine. Baltic States news & analytics
Wednesday, 11.12.2013, 05:34
Provisional data compiled by the Central Statistical Bureau of Latvia show that, in comparison with September, exports value of goods at current prices in October 2013 has increased by 8.4%, and imports value has grown by 5.3%.
Keyword tags: Analytics, Baltic Export, Foreign trade , Good for Business, Latvia
According to Statistics Estonia, 148,000 foreign tourists and 80,000 domestic tourists used the services of accommodation establishments in October 2013. The total number of tourists increased by 4% compared to October of the previous year.
Ukrainian investors have opened up a new beer restaurant called Stargorod in Riga on Republikas Square 1 in downtown opposite the Riga Passenger Port, the restaurant's representative Jelena Lucanska confirmed to the business information portal Nozare.lv, writes LETA.
The Estonian state plans to enter the risk capital market via the state-owned Kredex foundation and invest 60 mln euros in start-up companies, LETA/Postimees reports.
Maxima Latvija was the leading food and beverage retail company in Latvia last year, turning over LVL 450.37 million, according to the Latvian Business Report 2013 collated by Firmas.lv and Nozare.lv, informs LETA.
Baltic Assembly selected Estonia-based border queue electronic system developer GoSwift as one of the most innovative companies in the Baltic States, GoSwift said in a statement, informs LETA.
Dairy company Limbazu piens, which suspended operations ten months ago, has been acquired by foreign investors who have restored the company's operations, Limbazu piens Director Evalds Putnins informed Nozare.lv, cites LETA.
Lithuania's President Dalia Grybauskaite congratulated the laureates of the Knowledge Economy Company Awards, informs LETA/ELTA.
Estonian President Toomas Hendrik Ilves on Sunday acknowledged the best volunteers at Pärnu Concert Hall, informs BC presidential press service.
Latest seasonally adjusted data (at current prices) compiled by the Central Statistical Bureau of Latvia show that, compared to September 2013, manufacturing turnover in October 2013 has increased by 1.5%, of which by 2.5% in domestic market and by 0.3% in export. Manufacturing turnover (1) characterises monthly changes in demand for industrial goods and services on the market.
On Monday, Lithuanian and Malaysia's business enterprises and associations singed the 15 memorandums of the cooperation. Before the singing of the memorandum, Lithuania's Minister of Economy met with senior Minister in the Malaysian State of Perak Zambry Abdul Kadir, informs LETA/ELTA.
For the ninth year straight the Ministry of Economy awarded the best businesses in Lithuania for Merit to Business. This way the Ministry of Economy expressed gratitude to businesspeople for successfully implemented projects, achieved results and the merit to the country's economy, informs LETA/ELTA.
There were 1,343 cars (M1 and N1 categories) registered in Lithuania in November 2013, i.e. a 22% increase. In comparison, 1,103 cars were registered in November 2012, informs LETA/ELTA.
Lithuanian company Audimas, manufacturer of sportswear and leisure clothing, has decided to return to the Latvian market. It opens its first shop in Domina shopping centre in Riga, informs LETA/ELTA.
Irish low-cost airline Ryanair announced last week that it will introduce a new route from Lithuania to Italy, informs LETA/ELTA.