Markets and Companies

International Internet Magazine. Baltic States news & analytics Sunday, 25.02.2018, 05:32

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Industrial production in Lithuania decreased by 1.1% in December

Industrial production in Lithuania decreased by 1.1% in December

23.02.2018

Statistics Lithuania informs that in January 2018, based on provisional data, industrial production totalled EUR 1.8 billion at current prices and, compared to December 2017, seasonally and calendar adjusted, decreased by 1.1% at constant prices (unadjusted – decreased by 0.9%).

Keyword tags: Analytics, Energy, Industry, Lithuania, Markets and Companies



Reconstruction of Riga TV Tower to cost several dozens millions euros

Reconstruction of Riga TV Tower to cost several dozens millions euros

23.02.2018

Reconstruction of Zakusala TV Tower will cost several dozens of millions of euros, Latvian State Radio and Television Center (Latvijas Valsts Radio un Televizijas Centrs, LVRTC) CEO Janis Bokta told LETA.

Estonian Cell planning EUR 17 mln investment

Estonian Cell planning EUR 17 mln investment

23.02.2018

Estonian Cell, the Austrian owned pulp mill located at Kunda in northern Estonia, in the event of the adoption of the law concerning an excise duty rate reduction for large consumers of electricity is planning to start a 17 million euro investment program, reports LETA/BNS.


Market share of illicit cigarettes down 1.6 pp in Estonia

Market share of illicit cigarettes down 1.6 pp in Estonia

23.02.2018

Altogether 13.3% of the packs of tobacco products found in Estonia have been brought into the country as illicit goods, which is 1.6 percentage points less than the year before, it appears from a survey carried out by Nielsen, cites LETA/BNS.

OECD: Latvian SMEs have good access to finance

OECD: Latvian SMEs have good access to finance

23.02.2018

In general, small and medium-sized enterprises (SMEs) in Latvia have good access to financing for growth, according to the latest annual report by the Organization for Economic Cooperation and Development (OECD), Financing SMEs and Entrepreneurs 2018: An OECD Scoreboard, reports LETA.


23.02.2018

Latvian PM discusses government’s achievements and plans for the future with the international business community

Yesterday, February 21, Prime Minister Māris Kučinskis addressed more than 200 foreign investors and representatives of international community in Latvia at Radisson Blu Latvia Conference & SPA. Prime Minister gave his view on the growth of Latvian economy, touched upon the recent reforms and expected impact as well as outlined the steps taken to attract more investment, reports BC press service of AmCham.

23.02.2018

Rujienas Saldejums to enter new sales markets in Europe, CIS in 2018

Latvian ice-cream maker Rujienas Saldejums in 2018 plans to enter altogether six new sales markets, said the company's CEO, Igors Miezis, cites LETA.

23.02.2018

Lithuanian MFA calls stalling of EU-Canada trade pact 'narrow-thinking'

Lithuanian Foreign Minister Linas Linkevicius criticizes the country's parliament for stalling discussions on the CETA trade pact between the EU and Canada, reports LETA/BNS.

23.02.2018

Lithuanian law-enforcement officials visit Atea amid hospital corruption probe

Lithuanian law-enforcement officials conducting a probe into suspected corruption at one of the country's largest hospitals on Wednesday visited Atea, a company of the Norwegian-owned IT solutions group Atea Baltic, informs LETA/BNS.

22.02.2018

Audit: there has been inefficient project management, lack of supervision in implementation of e-health project

Implementation of the e-health project in Latvia stumbled because of inefficient project management and insufficient supervision from the part of the Health Ministry, said Chief Auditor Elita Krumina at a joint meeting of Saeima committees on February 21st, informs LETA.

22.02.2018

34 books of Latvian authors to be published in UK ahead of London Book Fair

To introduce British readers to Latvian literature, the English translations of 34 books by Latvian authors will be published in the UK ahead of this the London Book Fair, which this year will take place from April 10 to 12, Inga Bodnarjuka-Mrazauskas, the head of Latvian Literature platform, said at a news conference on February 21st, cites LETA.

22.02.2018

HKScan Latvia to make 10 types of dumplings at plant in Jelgava

HKScan Latvia meatpacker today launched a new production line at its plant in Jelgava, central Latvia, which will be making ten types of pelmeni or Russian-style dumplings, reports LETA.

22.02.2018

Half businessmen happy with conditions in Lithuania to build business

Some 49% of businessmen in Lithuania are happy with the business building conditions in the country, while 38% say the conditions are unsatisfactory, shows a survey of businessmen conducted by exports promotion agency Enterprise Lithuania, cites LETA/BNS.

22.02.2018

The probe into large-scale corruption in Lithuania’s Santaros Clinic being conducted

The Lithuanian law-enforcement said on February 21st it was conducting a probe into large-scale corruption allegations in the Vilnius University's Santaros Clinic, reports LETA/BNS.

22.02.2018

Orkla to invest over EUR 1 mln in transportation, packaging equipment for Adazu Cipsi plant

Orkla Confectionery & Snacks Latvija, the producer of Laima, Selga, Staburadze and Adazu Cipsi brand products, will invest more than EUR 1 million in a potato chips transportation and packaging line, writes LETA, according to information available on the Public Procurement Monitoring Bureau’s website.

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