Markets and Companies

International Internet Magazine. Baltic States news & analytics Tuesday, 02.09.2014, 09:48

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New case of African swine fever detected in Lithuania

New case of African swine fever detected in Lithuania

02.09.2014

According to the State Food and Veterinary service, a new, already sixth, case of African swine fever (ASF) has been confirmed in a village in Ignalina District, Naujasis Daugeliskis Parish in Lithuania, reports LETA/ELTA.

Keyword tags: Agriculture, Legislation, Lithuania, Markets and Companies



China's economy faces challenges despite steady performance

China's economy faces challenges despite steady performance

01.09.2014

China's economy is facing multiple domestic and international challenges despite its steady performance in the past seven months of 2014, said a senior economic official in Beijing on Wednesday.

In July, the growth in retail sales in Estonia accelerated even more

In July, the growth in retail sales in Estonia accelerated even more

01.09.2014

According to Statistics Estonia, in July 2014 compared to July of the previous year, the retail sales of goods of retail trade enterprises increased 10% at constant prices. Retail sales increased by 4% in May and 7% in June compared to the corresponding month of the previous year, whereas in July the retail sales growth accelerated even more.


Lithuanian Apranga’s retail turnover grew by 15% in August y-o-y

Lithuanian Apranga’s retail turnover grew by 15% in August y-o-y

01.09.2014

The retail turnover (including VAT) of the Apranga Group, a group of apparel retail companies, amounted to LTL 67.8 million (EUR 19.6 million) in August 2014, and has increased 15.0% in comparison to August 2013. This is a record monthly turnover of Apranga Group in history, informed LETA/ELTA the company.

Snaige turnover made EUR 21.5 mln in H1

Snaige turnover made EUR 21.5 mln in H1

01.09.2014

AB Snaige, engaged in manufacture and sales of refrigerators and freezers, achieved an EBITDA of LTL 3.3 million (EUR 955 thousand) as in the first half of 2014 despite LTL 74.4 million (EUR 21.5 million) turnover (according to unaudited consolidated financial results) caused by the dramatic events in Ukraine, informs LETA/ELTA.

01.09.2014

Negotiations between health care professionals and hospitals in Estonia without progress

Negotiations between health care professionals’ organisations and the Association of Hospitals are proceeding with great difficulties as parties find it difficult to find common ground, writes LETA/Postimees Online.

01.09.2014

Baltika increased sales revenue by 20% in August y-o-y

Estonia’s Baltika generated nearly five million euros in consolidated sales revenue in August 2014, which was 20% more than during the same month last year, writes Postimees Online.

01.09.2014

China and Central-Eastern Europe seek more potentials on cooperation

China and the Central and Eastern Europe (CEE) region are exerting more efforts to enhance cooperation between the two sides., reports BC China’s Embassy in Riga.

01.09.2014

In Q2, GDP in Lithuania grew by 3.1%

Statistics Lithuania informs that, based on more comprehensive business, tax and price statistics, in II quarter 2014, GDP at current prices amounted to LTL 31 315 million (EUR 9 069.5 million). Compared to the same period in 2013, real GDP growth, seasonally and working day adjusted, stood at 3.1%, compared to I quarter 2014 – 0.8% (compared to the same period in 2013, seasonally and working day unadjusted, GDP increased by 3.3%, compared to I quarter 2014, increased by 8.4%).

01.09.2014

Buffer zone against African swine fever virus in Estonia to be expanded

On Saturday, the decision of the European Commission expanding the buffer zone for prevention of African swine fever on the Estonian southern border entered into force, writes LETA/Äripäev.ee.

01.09.2014

Net asset value of Invalda LT was EUR 46 mln in H1

Invalda LT is one of the major companies in Lithuania investing in other businesses and managing assets. Consolidated net profit attributable to shareholders of AB Invalda totaled to LTL 18.8 million (EUR 5.4 million), in the same period of 2013 it was LTL 92.2 million (EUR 26.7 million), the company said in a statement, cites LETA/ELTA.

01.09.2014

Utenos Trikotazas earned EUR 0.4 mln in profit in H1

Consolidated group operating profit for the first half of 2014 was LTL 1.2 million (EUR 0.4 million), as in the same period in 2013 the group incurred LTL 0.8 million (EUR 0.2 million) operating loss, reports LETA/ELTA.

01.09.2014

Vilkyskiu Pienine sales revenue amounted to EUR 56 mln in H1

The consolidated unaudited sales revenues of AB Vilkyskiu Pienine group for the first six months of 2014 amounted to LTL 192 million (EUR 55.7 million) – 22% increase comparing to the same period last year, the company said, cites LETA/ELTA.

01.09.2014

Lithuanian PM visits apparel, textiles enterprises in Kaunas

On Friday, Lithuanian Prime Minister Algirdas Butkevicius visited Kaunas light industry enterprises and discussed training of specialists, employment and the European Union (EU) investments, reports LETA/ELTA.

01.09.2014

Only one agricultural enterprise has requested direct State aid in Estonia

Estonian Minister of Agriculture Ivari Padar said that the Russian food imports ban has hit the producers of milk and pork and the fisheries industry the hardest, writes LETA/National Broadcasting.

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