Markets and Companies

International Internet Magazine. Baltic States news & analytics Wednesday, 12.12.2018, 01:10

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Financial watchdog allows Musu Investiciju Fonds to announce mandatory takeover bid of Brivais Vilnis shares

Financial watchdog allows Musu Investiciju Fonds to announce mandatory takeover bid of Brivais Vilnis shares

11.12.2018

The Financial and Capital Market Commission (FKTK) on December 7 decided to allow Brivais Vilnis fish cannery shareholder Musu Investiciju Fonds to announce the mandatory takeover bid of Brivais Vilnis shares, the company said in its statement to the Nasdaq Riga stock exchange.

Keyword tags: Financial Services, Foodstuff, Industry, Latvia, Markets and Companies



Two municipalities in the Stockholm region sell land to Microsoft

Two municipalities in the Stockholm region sell land to Microsoft

11.12.2018

The two municipalities Gävle and Sandviken in the Stockholm region have decided to sell a total of 130 hectares of land to Microsoft for SEK 269 million, thereby creating conditions for a major international investment, Invest Stockholm informed BC.

EuroSpike qualifies in Estonia's antitank weapons procurement

EuroSpike qualifies in Estonia's antitank weapons procurement

11.12.2018

The weapons manufacturer EuroSpike GmBH has qualified as a tenderer in a tender to supply long-range antitank systems to the Estonian defense forces, as it has submitted the application necessary for participation in the tender along with necessary documents, reported LETA/BNS.


Remigration pilot project has brought 330 people back to Latvia

Remigration pilot project has brought 330 people back to Latvia

11.12.2018

A remigration pilot project launched by the government has so far brought 330 people back to Latvia, Dainis Rijkuris, an adviser to the environment protection and regional development minister, said at the conference “To Leave or to Return to Latvia: Zemgale”, reffered LETA.

Estonia: PRFoods, Tallinna Lihatoostus to develop joint offshore fish farm

Estonia: PRFoods, Tallinna Lihatoostus to develop joint offshore fish farm

11.12.2018

Saaremere Kala AS, a subsidiary of the listed fish products seller PRFoods, and meatpacker OU Tallinna Lihatoostus have concluded a letter of intent for establishing a joint undertaking to set up a joint offshore fish farm, reports LETA/BNS.


10.12.2018

Estonian chamber: Entrepreneurs' assessment re ratio of cash-in-hand wages has decreased

Estonian entrepreneurs' estimation of the share of cash-in-hand wages paid in their sector has decreased on year, it appears from the results of a survey conducted among the members of the Estonian Chamber of Commerce and Industry, reported LETA/BNS.

10.12.2018

Turnover of Latvian State Forests up 16.5% in first nine months

Turnover of Latvijas Valsts Mezi (LVM) state forest manager in the first nine months of this year was EUR 241.273 mln, up 16.5 % from the respective period last year, while the company’s profit increased by 70.2% to EUR 84.630 mln, according to the company’s report writes LETA.

10.12.2018

Turnover of Lielzeltini poultry farm fell 9.3% last FY

Latvia’s Lielzeltini poultry farm turned over EUR 33.642 mln last fiscal year, which lasted from July 1, 2017 to June 30, 2018, down 9.3% from a year ago, while the company’s profit shrank 82% to EUR 182,950, according to information available at Firmas.lv writes LETA.

07.12.2018

Insolvency claim filed against operator of DIY chain K Senukai

An insolvency lawsuit against Kesko Senukai Latvia, the operator of K Senukai DIY retail chain, has been filed with Riga City Pardaugava District Court, according to information available on the website of the Insolvency Control Service informed LETA/BNS.

06.12.2018

Estonia: East Capital is no longer shareholder of Baltika

Following a transaction executed on Nov. 30, East Capital Asset Management S.A is no longer a shareholder of Baltika, the listed Estonian garment seller announced on Thursday, referred LETA/BNS.

06.12.2018

Nordic business consultancy Miltton buys 95 pct of Estonian PR company JLP

he group of Nordic business consultancies Miltton Group has acquired 95% of the shares in the Estonian communication consultancy JLP, reported LETA/BNS.

06.12.2018

Baltics retailer Apranga ties revenue growth plans to investment in chain development

MG Baltic-controlled Apranga, the biggest clothing retail group in the Baltics, ties next year's revenue growth plans to investment in the renewal and development of its chain, its chief executive officer said LETA/BNS.

05.12.2018

Advertising volumes in Lithuania up 12.6 – Kantar TNS

General advertising volumes grew 12.6% in the first ten months of this year, according to research company Kantar TNS writes LETA/BNS.

05.12.2018

Every tenth entrepreneur in Latvia would be prepared to deliberately distort competition in order to make higher profit - Competition Council

- Every tenth entrepreneur in Latvia would be prepared to deliberately distort competition in order to make higher profits, according to a survey carried out by the Competition Council, reports LETA/BNS.

04.12.2018

Estonia chooses offer by Lewis Machine & Tool Company as winner of gun tender

– Estonia has chosen an offer by Lewis Machine & Tool Company as the winner of the tender for a contract to supply automatic firearms to the country's defense forces and other armed structures, informed LETA/BNS.

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