Markets and Companies

International Internet Magazine. Baltic States news & analytics Friday, 24.10.2014, 00:16

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Size of agricultural holdings keeps increasing in Latvia

Size of agricultural holdings keeps increasing in Latvia

23.10.2014

Provisional results of Farm Structure Survey 2013 show that the average size of agricultural holdings in 2013 was 37.8 ha, which is 9.6% more than in 2010, when this indicator was 34.5 ha.

Keyword tags: Agriculture, Analytics, Good for Business, Latvia, Markets and Companies



Erdogan in Riga: U.S. and European media expressing unfounded criticism about the Turkish economy

Erdogan in Riga: U.S. and European media expressing unfounded criticism about the Turkish economy

23.10.2014

In his address at the opening of the Latvia-Turkey business forum in Riga today, recently-elected Turkish President Recep Tayyip Erdogan said that it can be observed that U.S. and European media, as well as credit-rating agencies, are expressing unfounded criticism about the Turkish economy, reports LETA.

Tele2 profit grows 9.2% in Latvia in Q3

Tele2 profit grows 9.2% in Latvia in Q3

23.10.2014

Telecommunications company Tele2 improved its EBITDA by 9.2% in the third quarter, reaching almost EUR 9 million, the company's spokeswoman Irena Zeiza informed the business portal Nozare.lv, cites LETA.


Turnover of Vilniaus baldai grew to LTL 57.26 mln in July-September

Turnover of Vilniaus baldai grew to LTL 57.26 mln in July-September

23.10.2014

Turnover of the furniture manufacturer Vilniaus baldai AB during period 2014 July – September amounted to LTL 57.26 million (EUR 16.584 million), during the same period year 2013 it was LTL 53.375 million (EUR 15.458 million), informs LETA/ELTA.

The story of the very first batch of Daumantu mayonnaise becomes a legend

The story of the very first batch of Daumantu mayonnaise becomes a legend

23.10.2014

The story of the very first batch of Daumantu mayonnaise made in a bucket has become a legend. This was how three residents of Kedainiai town started their condiment business more than two decades ago, informs LETA/ELTA, referring to Lietuvos rytas.

23.10.2014

Estonian Parliament passes e-residency law

Yesterday, the Estonian Parliament passed a bill that sets out the legal basis for the issuance of a digital identity to persons who are not Estonian citizens or residents of Estonia, reports LETA/Baltic Business News.

22.10.2014

European Parliament approves new European Commission

The European Parliament on Wednesday voted in favor of Jean-Claude Juncker's new European Commission, allowing it to start its new five-year term on November 1, 2014 as planned, informs AFP/LETA.

22.10.2014

Latvia contributes to the UN Ebola Fund 40,000 euros

On 21 October, the Latvian Cabinet of Ministers approved a proposal made by the Ministry of Foreign Affairs on contributing 40,000 euros for the efforts to contain the latest Ebola outbreak, informed BC Latvian MFA.

22.10.2014

Lithuania seeks to strengthen economic ties with Azerbaijan

Minister of Foreign Affairs of Lithuania Linas Linkevicius met with the President of Azerbaijan Ilham Aliyev and the Foreign Minister Elmar Mamedjarov in Baku on 21 October, and discussed ways to further strengthen bilateral relations and development of the EU Eastern Partnership, reports BC, referring to Lithuania's Ministry of Foreign Affairs.

22.10.2014

Lithuania-Norway cooperation is growing

President of Lithuania Dalia Grybauskaite met with the heads of 18 major Norwegian businesses and investment funds to discuss the investment climate and business opportunities in the country, reports BC presidential press service.

22.10.2014

Latvia to send nine generators to Ukraine

The government today tasked the Interior Ministry to prepare a humanitarian aid shipment to Ukraine made up of nine generators, which will be transported to the country by the State Fire and Rescue Service, reports LETA.

21.10.2014

Level of producer prices in September rose by 0.1% in Latvia

Compared to August, level of producer prices in Latvian industry in September 2014 rose by 0.1%, according to the data of Central Statistical Bureau of Latvia. In September 2014 compared to September of the previous year, the overall level of producer prices in the Latvian industry increased by 0.3%.

21.10.2014

In September, industrial production in Lithuania increased by 6.9%

Statistics Lithuania informs that in September 2014, industrial production totalled LTL 5.8 billion (EUR 1.7 billion) at current prices and, compared to August, grew by 6.9% at constant prices, seasonally adjusted – by 1.7%.

21.10.2014

East Capital acquires Metro Plaza in Tallinn

East Capital Baltic Property Fund II (“the Fund”), managed by East Capital, has yesterday acquired the Metro Plaza office building in Tallinn, Estonia.

21.10.2014

Latvian lingerie maker New Rosme opens store in Iraq

Lingerie manufacturer in Latvia and the other Baltic States, the public limited company New Rosme (along with partners) at the beginning of this month opened its first store in Iraq, the spokesperson for the company, Sigita Graudusa, told Nozare.lv, cites LETA.

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