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Saturday, 22.10.2016, 04:48
In the coming weekend sea levels are forecast to drop as much as 74 centimeters below the Kronstadt mean sea level, the local benchmark for the eastern Baltic Sea, which means that ferry traffic between the mainland and Hiiumaa island will continue to be affected, the operator of the ferries said LETA/BNS on Friday.
Keyword tags: Crisis, Estonia, Markets and Companies, Transport, Water
The recovery of the dairy market will depend on oil prices and the decline of milk production volumes in southern Europe and New Zealand, Raimondas Karpavicius, chairman of Marijampoles Pieno Konservai operated by Russian-Liechtenstein joint venture Eksimeta, told Verslo Zinios business daily writes LETA/BNS.
One of the largest global cyber-security event of the month - the 7th annual international conference DSS ITSEC - will be held on October 27 in Riga, bringing together more than 80 presentations by recognized industry experts. Special attention will be focused on the possibilities and risks of the Internet of Things. It will be possible to listen to expert speeches from all 9 parallel sessions on-site and also online via live video streaming on the event website,DSS ITSEC representative told BC.
Construction price index took an upturn in the 3rd quarter due to the increasing costs of construction materials21.10.2016
According to Statistics Estonia, in the 3rd quarter of 2016, the construction price index increased 0.7% compared to the 2nd quarter of 2016 and fell by 0.7% compared to the 3rd quarter of 2015.
According to a survey carried out by the employment portal cvmarket.lv, 86 % of employees in Latvia have official employment contracts and pay all taxes, informs LETA.
Estonian defense contractor Threod Systems has won internal security tenders in Greece, Cyprus and Kazakhstan, and plans to start offering its products in Ukraine and Indonesia in the future, according to Eesti Paevaleht reports writes LETA/BNS.
Lithuania's state-run companies posted 137.499 mln euros in an aggregate normalized profit (net profit excluding property and commodity taxes payable to the state) in January through September 2016, up by 18.9%, from 115.602 mln euros, from the same period of 2015, reports LETA/BNS.
The Estonian aircraft repair and maintenance company Magnetic MRO has concluded an agreement with the international logistics company Kuehne + Nagel for cooperation in engine logistics, reports LETA/BNS.
Estonian food group Maag Grupp is still interested in acquiring the Tere dairy company but does not intend to rush it, reports LETA/BNS.
Estonian natural gas seller Eesti Gaas sold 328 mln cubic meters of gas in nine months of 2016, an increase of 18 % compared to 277 mln cubic meters a year ago, informs LETA/BNS.
The recently appointed director of the Estonian president's office, Tiit Riisalo, will for the time being continue work on the supervisory board of Estonian Railways, informs LETA/BNS.
New sales of Estonian leasing companies in the first nine months of 2016 totaled 840 mln euros, representing an increase of 23.7% against the same period last year, writes LETA/BNS.
Since the Ukraine crisis began, the Baltic countries' orders for new defense equipment have doubled and will double again in the next two years, according to an analysis released by IHS Markit on Thursday writes LETA.
Alcohol bought in Latvia makes up roughly 6 % of the total amount of booze bought by Estonians, whereas in South Estonia the ratio is as high as 18 %, a survey taken by Emor in mid-August indicates informs LETA.
Latvia's building materials and household goods chain Depo is looking to open its first store in Klaipeda by this Christmas with plans to open four more stores in other Lithuanian cities in late 2017, which means that the Latvian retailer is unlikely to have any major impact on the market until 2018, according to Verslo Zinios reported LETA/BNS on Thursday.