Markets and Companies

International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2019, 07:27

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Latvian unit of Lithuanian wholesaler Eugesta eyeing Estonian coffee seller Kafo Eesti

Latvian unit of Lithuanian wholesaler Eugesta eyeing Estonian coffee seller Kafo Eesti

24.04.2019

The Latvian unit of the Lithuanian wholesale group Eugesta is planning to buy the Estonian seller of coffee dispensing machines and coffee Kafo Eesti, reported LETA/BNS.

Keyword tags: Estonia, Good for Business, Latvia, Lithuania, Markets and Companies



Lithuania's Scapa Baltic plans to build factory in Belarus

Lithuania's Scapa Baltic plans to build factory in Belarus

24.04.2019

Swedish-owned Lithuanian soft leather and tapestry furniture manufacturer Scapa Baltic is planning to build a factory in Belarus, according the business daily Verslo Zinios reported LETA/BNS.

Estonia Leedo planning to open 2nd wooden house factory in China

Estonia Leedo planning to open 2nd wooden house factory in China

24.04.2019

Saaremaa Houses, a subsidiary of the company Saare Erek belonging to Saaremaa-based businessman Vjatseslav Leedo, is planning to open a second plant for the manufacture of wooden houses in China, according regional newspaper Saarte Haal reported LETA/BNS.


Milrem LCM to repair Estonian Army's personnel trucks under EUR 2.1 mln contract

Milrem LCM to repair Estonian Army's personnel trucks under EUR 2.1 mln contract

23.04.2019

The Estonian Center for Defense Investment and the company Milrem LCM have entered into a 2.1-million-euro contract for the performance of maintenance work on components of the personnel carrying equipment of the Estonian defense forces, reported LETA/BNS.

Binders getting ready to attract employees from Ukraine and Belarus

Binders getting ready to attract employees from Ukraine and Belarus

23.04.2019

Latvian road construction company Binders is facing shortage of workers, therefore the company is ready to attract employees from Ukraine and Belarus, the company’s board chairman Aigars Seja said in an interview with LETA.


18.04.2019

Are you part of the collaborative economy?

According to 2018 survey results on the usage of Information and Communication Technologies (ICT) 19 % of individuals in the European Union (EU) arranged accommodation (room, apartment, house, holiday cottage, etc.) via websites or apps from another private individual for private purposes in the preceding 12 months.

18.04.2019

Merko Ehitus to build Laima chocolate factory in Latvia

SIA Merks, part of the listed Estonian builder Merko Ehitus, has entered into a construction contract with SIA Orkla Confectionery & Snacks Latvija for the new Laima chocolate factory construction works in Latvia, Adazi county, Birznieki, informed LETA/BNS.

18.04.2019

Riga Central Market plans to invest EUR 25 mln in development in five years

Rigas Centraltirgus (Riga Central Market, RCT), municipal market operator, in the coming five years plans to invest about EUR 25 mln in development of the market territory, LETA learned.

17.04.2019

Lithuanian govt moves to introduce quotas for foreign workers

The government proposed on Wednesday that the Seimas adopt a law introducing quotas for third-country nationals coming to work in Lithuania, informed LETA/BNS.

17.04.2019

Billerudskorsnas Latvia timber company nearly doubles turnover in 2018

The Swedish-owned timber company Billerudskorsnas Latvia nearly doubled its turnover last year, achieving EUR 64.717 mln, while the company’s profit grew multiple times to EUR 2.652 mln, according to information available at Firmas.lv business website writes LETA.

16.04.2019

HansaMatrix posts EUR 659,500 in audited profit in 2018

Company HansaMatrix achieved EUR 20.535 mln in turnover last year, an increase of 5.4% on 2017, while the company's profit decreased 46.2% to EUR 659,501, according to the company's financial report submitted to Nasdaq Riga stock exchange.

16.04.2019

Kazakhstan continues working to attract foreign investments

In the modern world, business is associated with certain risks and difficulties. Typically, entrepreneurs look for reliable ways to develop and strengthen their businesses. Investment is a kind of long-term business plan bringing good income for many years under proper approach.

16.04.2019

Estonia's TMB selling Finnish, Latvian plants to Consolis

The Finnish-French supplier of precast concrete solutions Consolis is buying the Finnish and Latvian units of TMB Grupp, the key owners of which are Estonian businessmen Jaan Luts and Vallot Mangus.

16.04.2019

Latvijas Pasts postal company posts EUR 85 mln in 2018 turnover

Latvijas Pasts postal company last year posted about EUR 85 million in turnover, and closed the year with a profit, the company’s board member Kristaps Krumins said in an interview with commercial LNT television today, referred LETA.

12.04.2019

US pharmaceutical giant McKesson confirms it's setting up service center in Vilnius

US-based pharmaceutical wholesale giant McKesson has confirmed to that it is setting up a financial service center in Vilnius and has already established a company, McKesson Business Services Lithuania, reported LETA/BNS.

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