Markets and Companies

International Internet Magazine. Baltic States news & analytics Thursday, 04.06.2020, 08:21

1 ..2 ..3 ..4 ..5 ..6 ..7 ..8 ..9 ..10 ..11 [>][>>>]
Tallink to lay off nearly 200 workers in Estonia

Tallink to lay off nearly 200 workers in Estonia

03.06.2020

The listed Estonian shipper Tallink Grupp is to lay off up to 190 employees in Estonia, the redundancies mainly concern service personnel on Tallink vessels, informed LETA/BNS.

Keyword tags: Employment, Estonia, Markets and Companies, Port, Transport



Tallinn to support digital initiatives for small businesses

Tallinn to support digital initiatives for small businesses

03.06.2020

The Tallinn city government at a sitting on Wednesday adopted a procedure for granting support for digital solutions aimed at small and micro enterprises with an annual revenue of 20,000 to 400,000 euros, informs LETA/BNS.

Court refuses to remand Lithuanian Business Confederation's head

Court refuses to remand Lithuanian Business Confederation's head

03.06.2020

A Vilnius court denied on Wednesday the prosecution's request to remand in custody Valdas Sutkus, the president of the Lithuanian Business Confederation (LVK), informed LETA/BNS.


Valmieras Stikla Skiedra fiberglass company sells its US plant to Saint-Gobain

Valmieras Stikla Skiedra fiberglass company sells its US plant to Saint-Gobain

03.06.2020

Latvia's Valmieras Stikla Skiedra fiberglass company has sold the plant of its US subsidiary Valmiera Glass USA Corp. to Saint-Gobain Adfors America, Inc. for USD 17.5 mln, according to a statement to Nasdaq Riga.

Lithuania's anti-corruption officials visit Maxima in influence peddling probe

Lithuania's anti-corruption officials visit Maxima in influence peddling probe

03.06.2020

As part of their illegal lobbying and influence peddling investigation, officials from the Special Investigation Service (STT) visited on Tuesday the company that managers Maxima, one of Lithuania's leading supermarket chains, and took away certain documents, reported LETA/BNS.


03.06.2020

In April, industrial production output in Latvia fell by 9.2%

Data compiled by the Central Statistical Bureau (CSB) show that,compared to April 2019, in April 2020, industrial production output1 dropped by 9.2% (according to calendar adjusted data at constant prices). The decline was due to the output reduction in manufacturing (of 9%), mining and quarrying (8.7%), as well as electricity and gas supply (10.8%).

03.06.2020

High-level Estonian decoration put up for auction in Finland

One of the highest national decorations of Estonia, the Order of Merit of the Cross of Terra Mariana, Collar Class, has been put up for auction at Bukowskis auction house in Helsinki, Postimees reported on JUne 3rd, cites LETA/BNS.

03.06.2020

Mestilla invests 6M EUR in used cooking oil processing project in Klaipeda

Mestilla, a biodiesel manufacturer operating in the Klaipeda Free Economic Zone, plans to start making biofuel out of used cooking oil (UCO) collected in Lithuania, starting by the end of 2021. This is the company’s way to contribute towards a cleaner environment, circular economy, and the reduction of imported fossil fuel dependency. Around 6 mln EUR will be invested in the project.

03.06.2020

Alpen Pharma sets up business in Lithuania

Swish pharmaceutical company Alpen Pharma has established a company in Lithuania, reports LETA/BNS.

03.06.2020

Clean R waste manager raises turnover 31.2% in 2019

Latvia's Clean R waste management company closed 2019 with EUR 43.788 mln in turnover, an increase of 31.2 % against a year before, while the company's profit contracted 12.2% to EUR 3.077 mln, according to information available at Firmas.lv writes LETA.

02.06.2020

Police release Latvian businessman Ivanovs

The State Police on Tuesday released businessman Igors Ivanovs who had been arrested as a suspect in the criminal case on organization of an alleged murder of lawyer Alla Jurasa. Ivanovs' lawyer Janis Davidovics told LETA that restrictive measures unrelated with deprivation of liberty have been imposed on him.

02.06.2020

EUR 600 mln redistributed among Latvian ministries

The Cabinet of Ministers on June 2nd in Latvia decided to redistribute EUR 600 million for different initiatives of ministries, including 103.2 million to be allocated for health care infrastructure projects, informs LETA.

02.06.2020

Industry in April 2020 in Estonia fell to the level of a decade ago

According to Statistics Estonia, in April 2020, the production of industrial enterprises decreased by 17% compared to April 2019. Production decreased in all three industrial activities: manufacturing, energy production and mining.

02.06.2020

Novel solution for smartphone refurbishment market

Mirka’s new patent-pending solution for smartphone refurbishing, Remint™, removes cosmetic flaws in minutes, restoring uniform gloss on chemically hardened glass in a low-cost and environmentally sound process, informed ins/industrial news service.

02.06.2020

Estonian analyst: Coronavirus crisis above all crisis in public finances

The coronavirus crisis is predominantly a crisis in public finances, and the causes thereof lie partially in uncontrolled growth of health care and social expenditure stemming from demographic ageing, informs LETA, according to Hardo Pajula, professor of free economic though at Estonian Business School (EBS).

1 ..2 ..3 ..4 ..5 ..6 ..7 ..8 ..9 ..10 ..11 [>][>>>]

Search site