Markets and Companies

International Internet Magazine. Baltic States news & analytics Friday, 22.11.2019, 18:27

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Searches at Riga Central Market related with illegal circulation of excise goods

Searches at Riga Central Market related with illegal circulation of excise goods

22.11.2019

Searches at Rigas Centraltirgus (Riga Central Market) on Thursday were related with illegal circulation of excise goods, LETA learned from the State Police.

Keyword tags: Latvia, Legislation, Markets and Companies



Turnover of Latvijas Pasts postal company up 13.4% in 9 months

Turnover of Latvijas Pasts postal company up 13.4% in 9 months

22.11.2019

Latvijas Pasts postal company in the first nine months of this year turned over EUR 69.682 million, up 13.4 percent from the respective period last year, while the company's profit declined twice to EUR 264,282, according to the company's financial statements, reported LETA.

Liquor store workers near Estonian-Latvian border concerned about rising excise duties

Liquor store workers near Estonian-Latvian border concerned about rising excise duties

22.11.2019

Some 40 workers from liquor stores operating near the Estonian-Latvian border protested the planned hike in excise duty rates on alcohol in Riga with some participants also coming from the border town of Valka, according to the regional Louna-Eesti Postimees information reports LETA/BNS.


NEPLP prohibits rebroadcasting of nine Russian television channels in Latvia

NEPLP prohibits rebroadcasting of nine Russian television channels in Latvia

20.11.2019

The National Electronic Mass Media Council (NEPLP) has prohibited the rebroadcasting of several Russian television channels in Latvia, LETA was told by NEPLP deputy chairman Ivars Abolina.

Atria: Meat consumption in Estonia continuing to grow

Atria: Meat consumption in Estonia continuing to grow

19.11.2019

Olle Horm, executive director of the Estonian branch of the Finnish meat processing group Atria, said that while the group is involved in the provision of alternatives to meat outside Estonia, meat consumption is continuing to grow in Estonia, informed LETA/BNS.


19.11.2019

Medical workers to stage another protest at Saeima and call for dissolution of Saeima and Vinkele's resignation

On November 28, the Trade Union of Health and Social Care Employees of Latvia will hold a protest in front of the Saeima building to demand dissolution of the parliament, express no confidence in Health Minister Ilze Vinkele (For Development/For) and ask the president to return the 2020 budget to Saeima for a repeat review.

19.11.2019

Burovs suspends board of RNP housing manager, reinstates Riga Central Market board

Riga Mayor Olegs Burovs (Honor To Serve) has decided to suspend the board of Rigas Namu Parvaldnieks (RNP) municipal housing manager, and has reinstated the board of Rigas Centraltirgus (Riga Central Market) that was earlier suspended by former vice mayor Vadims Baranniks (Faction of Independent Lawmakers).

19.11.2019

Olainfarm reports 17% revenue growth for ten months

During the first ten months of 2019, Latvia’s Olainfarm pharmaceutical group generated EUR 118.9 mln in consolidated revenue, which is an increase of 17% against against the same period a year ago, according to the company’s statement submitted with the Nasdaq Riga stock exchange.

19.11.2019

Baranniks dismissed as Riga vice-mayor

With support from opposition members of Riga City Council, Vadims Baranniks (NDF) was today dismissed as Riga vice-mayor, reported LETA/BNS.

19.11.2019

Latvian exports of wooden furniture down 6.6% in 9 months

During the first nine months of this year, Latvian exports of wooden furniture fell 6.6% from the same period a year ago, with most of the Latvian-made furniture sold in Denmark, according to information released by the Agriculture Ministry writes LETA.

15.11.2019

Riga vice mayor suspends board of Riga Central Market

Riga Vice Mayor Vadims Baranniks has suspended the board of Rigas Centraltirgus (Riga Central Market), municipal market operator, the vice mayor confirmed in a conversation with LETA.

14.11.2019

Estonia: The first Põhjala craft beer bar was opened in Beijing

Estonian craft beer brewer Põhjala Brewery opened a pop-up bar in Beijing for two months, selling only craft beer from the Põhjala Brewery. The bar sells ten different Põhjala beers from barrels and the selection changes constantly. Põhjala Brewery entered the world's largest beer market in 2016 and the company is testing the market for further expansion plans.

14.11.2019

Achema to appeal EU court's decision on state aid for Klaipeda LNG terminal

Lithuania's fertilizer manufacturer Achema plans to contest the EU General Court's decision to dismiss its action against state aid for the Klaipeda liquefied natural gas (LNG) terminal, informed LETA/BNS.

14.11.2019

Estonia's Tallink establishes subsidiaries in Lithuania, Latvia

The listed Estonian shipping group Tallink Grupp, holder of a franchise for restaurants of the global fast food chain Burger King in the Baltic states, has established subsidiaries for opening restaurants in Lithuania and Latvia, informed LETA/BNS.

13.11.2019

Lithuania's Orlen Lietuva gears up for million worth investment

Lithuanian oil refiner Orlen Lietuva, owned by Polish oil group Orlen, is getting ready for investments worth several hundred million euros, according the Verslo Zinios information writes LETA/BNS.

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