Markets and Companies

International Internet Magazine. Baltic States news & analytics Friday, 24.10.2014, 18:25

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Tallinna Vesi results stable in 9 months

Tallinna Vesi results stable in 9 months

24.10.2014

The city of Tallinn's water utility AS Tallinna Vesi informed the Tallinn Stock Exchange that its 2014 nine months net sales have increased while operating profit remains stable, reports LETA.

Keyword tags: Estonia, Markets and Companies, Water



Intermedix opens service centre in Kaunas

Intermedix opens service centre in Kaunas

24.10.2014

Minister of Economy Evaldas Gustas attended the opening ceremony of the US health care company Intermedix service centre in Kaunas, informs LETA/ELTA. Priomi Minister Algirdas Butkevicius was also present.

Revenues of Tele2 Lithuania grew by 5% in Q3

Revenues of Tele2 Lithuania grew by 5% in Q3

24.10.2014

Revenues of the mobile operator Tele2 Lithuania went up by 5% year-on-year to SEK 231 million (EUR 25 million) in the third quarter of the year 2014, reports LETA/ELTA.


Lithuania-Belarus economic forum to be held in Mogilev in November

Lithuania-Belarus economic forum to be held in Mogilev in November

24.10.2014

The Lithuania-Belarus economic forum will be held in Mogilev on November 4-5, the Belarusian news agency BelTA reports, cites LETA/ELTA.

Amber Beverage opens new logistics centre in Latvia

Amber Beverage opens new logistics centre in Latvia

24.10.2014

A new logistics centre, Amber Logistics, part of the international spirits company Amber Beverage Group, was opened in Stopiņi county, near the capital city Riga. Amber Logistics centre will specialise in storage of alcoholic beverages and provision of transportation services in the Baltic Region, reported BC communicationsm manager of Amber Beverage Group Dana Hasana.

24.10.2014

Turkey could import more Latvian-made food products

During a meeting with Agriculture Minister Janis Duklavs (Greens/Farmers) yesterday, Turkish Agriculture Minister Mehmet Mehdi Eker said that Turkey could import more Latvian-made food products most affected by the Russian food embargo, informs LETA/Nozare.lv.

24.10.2014

Latvian Welfare Minister points out to necessity to create as many new jobs as possible in EU

Participating in a summit on growth and employment in Brussels today, Welfare Minister Uldis Augulis (Greens/Farmers) emphasized to the necessity to create as many new jobs as possible in Europe, as well as stimulate the EU's competitiveness, LETA was informed by the minister's advisor Liene Uzule.

23.10.2014

Size of agricultural holdings keeps increasing in Latvia

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.

23.10.2014

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

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.

23.10.2014

Tele2 profit grows 9.2% in Latvia in Q3

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.

23.10.2014

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

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.

23.10.2014

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

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.

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