Markets and Companies

International Internet Magazine. Baltic States news & analytics Tuesday, 30.09.2014, 08:56

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Maxima builds new logistics centre in Estonia

Maxima builds new logistics centre in Estonia

29.09.2014

The Maxima store chain planning to open up to 20 stores in Estonia over the next three years and thinks that the current and future stores give the company the opportunity to become the retail market leader in Estonia by 2016, said Chief Executive Officer of Maxima Eesti Vaidotas Pacesa, Äripäev.ee/LETA reports.

Keyword tags: Construction, Estonia, Good for Business, Investments, Logistics, Markets and Companies, Real Estate



EY lowers Estonia's economic growth forecast for 2014

EY lowers Estonia's economic growth forecast for 2014

29.09.2014

Ernst & Young lowered in the fresh Eurozone economic forecast the economic growth forecast for Estonia and the Eurozone as a whole, reports LETA.

Lithuanian Cgates buys 2 companies

Lithuanian Cgates buys 2 companies

29.09.2014

The Lithuanian cable operator Cgates has acquired two companies – UAB Ukmerges TV and UAB Rakarin for an undisclosed fee, broadbandtvnews.com said.


Lithuania media start euro coverage projects

Lithuania media start euro coverage projects

29.09.2014

As of September, twelve TV, radio and Internet projects are providing latest euro-related updates for everyone who is going to plan their expenses and income in euros as of 1 January, 2015, reports LETA/ELTA.

Chemicals in cosmetics for kids and women under EU’s control

Chemicals in cosmetics for kids and women under EU’s control

29.09.2014

European Commission further strengthened the protection of consumers, in particular babies and young children. It adopted two measures restricting the use of three preservatives in cosmetic products; new rules apply to products in shops after April and July 2015.

29.09.2014

Xinhua launches news app for Europe

Xinhua News Agency's Europe Regional Bureau on Thursday launched a mobile app – Xinhua Europe – in a bid to strengthen China's media coverage of Europe and help people in Europe know more about China.

29.09.2014

Industrialists: Lithuania needs cooperation with one Chinese region

Robertas Dargis, head of the Lithuanian Confederation of Industrialists (LPK), is convinced that cooperation of producers is one of the main keys which can open vast markets to Lithuanian goods, informs LETA/ELTA.

29.09.2014

Lithuanian expert: grain price may continue to slump

Grain market analyst Tadas Povilauskas of the Lithuanian agricultural companies' Group Litagra says that grain price may continue to fall due to both a record harvest and competition of alternative cultures grown by Australian and South American cultivators, informs LETA/ELTA.

29.09.2014

Turnover of retail trade and catering enterprises in Lithuania decreased by 1.1% in August

Statistics Lithuania informs that, based on provisional data, in August 2014, the turnover (VAT excluded) of retail trade enterprises* amounted to LTL 2698.4 million; against July, it decreased by 1.1% at constant prices (seasonally adjusted – by 0.1%).

29.09.2014

China: relations with Estonia have been normalised again

The Chinese government on September 26th has published a notice stating that Beijing finally accepted the apologies of the Estonian government for hosting the visit of Dalai Lama three years ago, and the political relations that were mostly frozen for this time, have normalized again, LETA/Eesti Päevaleht Online reports.

29.09.2014

Latvia and Qatar sign agreement on double taxation avoidance

On the sidelines of the UN General Assembly in New York yesterday, Latvian Foreign Minister Edgars Rinkevics (Unity) met with the economy minister of Qatar Sheikh Ahmed bin Jassim Al Thani, during which the two sides signed an agreement on the avoidance of double taxation, LETA was informed by the Foreign Ministry.

29.09.2014

Companies contributing to Lithuanian-Polish cooperation to receive awards

Trade and Investment Promotion Section of the Polish Embassy in Lithuania is organising Polish Business Awards 2014 for the third time already, informs LETA/ELTA.

26.09.2014

Member states have to comply with the VAT rules in EU

EU member states are still having problems in dealing with the EU’s VAT rules. Recently the Commission decided to refer Holland and Germany to the Court of Justice for failing to comply with the EU rules on VAT.

26.09.2014

Latvian media lack professionally-made content for Russian-speaking residents

The Latvian media environment lacks versatile, professionally-made, quality content for Russian-speaking residents, therefore they are unable to address the large non-Latvian audiences, the head of the Communication Studies Department of Riga Stradins University, Anda Rozukalne indicated in a research conducted by the Center for East European Policy Studies, reports LETA.

26.09.2014

AmCham: Drupa team wins Best Chili in Riga

The Drupa team, represented by Viesturs John Drupa and Mara Bertina made their chili a winner at the 10th Annual Chili Cook-Off organized by the American Chamber of Commerce in Latvia (AmCham) on September 25 at the restaurant PinUp, informed BC executive director Liga Smildzina-Bertulsone.

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