Markets and Companies

International Internet Magazine. Baltic States news & analytics Sunday, 21.04.2019, 01:51

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Are you part of the collaborative economy?

Are you part of the collaborative economy?

18.04.2019

According to 2018 survey results on the usage of Information and Communication Technologies (ICT) 19 % of individuals in the European Union (EU) arranged accommodation (room, apartment, house, holiday cottage, etc.) via websites or apps from another private individual for private purposes in the preceding 12 months.

Keyword tags: Analytics, EU – Baltic States, Markets and Companies, Statistics



Merko Ehitus to build Laima chocolate factory in Latvia

Merko Ehitus to build Laima chocolate factory in Latvia

18.04.2019

SIA Merks, part of the listed Estonian builder Merko Ehitus, has entered into a construction contract with SIA Orkla Confectionery & Snacks Latvija for the new Laima chocolate factory construction works in Latvia, Adazi county, Birznieki, informed LETA/BNS.

Riga Central Market plans to invest EUR 25 mln in development in five years

Riga Central Market plans to invest EUR 25 mln in development in five years

18.04.2019

Rigas Centraltirgus (Riga Central Market, RCT), municipal market operator, in the coming five years plans to invest about EUR 25 mln in development of the market territory, LETA learned.


Lithuanian govt moves to introduce quotas for foreign workers

Lithuanian govt moves to introduce quotas for foreign workers

17.04.2019

The government proposed on Wednesday that the Seimas adopt a law introducing quotas for third-country nationals coming to work in Lithuania, informed LETA/BNS.

Billerudskorsnas Latvia timber company nearly doubles turnover in 2018

Billerudskorsnas Latvia timber company nearly doubles turnover in 2018

17.04.2019

The Swedish-owned timber company Billerudskorsnas Latvia nearly doubled its turnover last year, achieving EUR 64.717 mln, while the company’s profit grew multiple times to EUR 2.652 mln, according to information available at Firmas.lv business website writes LETA.


16.04.2019

HansaMatrix posts EUR 659,500 in audited profit in 2018

Company HansaMatrix achieved EUR 20.535 mln in turnover last year, an increase of 5.4% on 2017, while the company's profit decreased 46.2% to EUR 659,501, according to the company's financial report submitted to Nasdaq Riga stock exchange.

16.04.2019

Kazakhstan continues working to attract foreign investments

In the modern world, business is associated with certain risks and difficulties. Typically, entrepreneurs look for reliable ways to develop and strengthen their businesses. Investment is a kind of long-term business plan bringing good income for many years under proper approach.

16.04.2019

Estonia's TMB selling Finnish, Latvian plants to Consolis

The Finnish-French supplier of precast concrete solutions Consolis is buying the Finnish and Latvian units of TMB Grupp, the key owners of which are Estonian businessmen Jaan Luts and Vallot Mangus.

16.04.2019

Latvijas Pasts postal company posts EUR 85 mln in 2018 turnover

Latvijas Pasts postal company last year posted about EUR 85 million in turnover, and closed the year with a profit, the company’s board member Kristaps Krumins said in an interview with commercial LNT television today, referred LETA.

12.04.2019

US pharmaceutical giant McKesson confirms it's setting up service center in Vilnius

US-based pharmaceutical wholesale giant McKesson has confirmed to that it is setting up a financial service center in Vilnius and has already established a company, McKesson Business Services Lithuania, reported LETA/BNS.

12.04.2019

Estonian criminal police search offices of 6 agricultural enterprises

Criminal police on Tuesday searched the offices of six companies involved in agriculture in order to investigate the potential committing of a competition crime and the submission of false information to the Estonian Agricultural Registers and Information Board (PRIA) with the purpose of receiving subsidy, according the regional Tartu Postimees information reports LETA/BNS.

11.04.2019

TV3 tops list of most-watched TV channel in March

TV3 commercial television channel topped the consolidated list of most-watched TV channels in Latvia this past March with 10.1 percent of total viewing time, Kantar TNS representatives informed LETA.

11.04.2019

Latvijas Pasts postal company plans to considerably increase its tariffs

Latvijas Pasts postal company has submitted its new tariff project to the Public Utilities Commission (SPRK) that provides for a considerable increase of prices for mailing letters, reported LETA/BNS.

10.04.2019

Latvian Regional Development Ministry proposes map with 35 local governments

The Environmental Protection and Regional Development Ministry (VARAM) has worked out a new administrative-territorial map of Latvia, cutting the number of local governments to 35 from 119, according to information obtained by LETA.

10.04.2019

Valio cheeses given halal certificate

After successfully passing an audit, the Voru cheese plant of the Estonian arm of the Finnish dairy company Valio in South Estonia and the cheeses produced there were given a halal certificate with which the production of Valio cheeses and the raw material used for it were deemed compatible with the standards in effect in Islamic countries, informed Manager of the Estonian operation of the Finnish dairy group Valio Maido Solovjov.

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