International Internet Magazine. Baltic States news & analyticsThursday, 02.09.2010, 22:53
Skonto Plan to begin construction of Tukums factory at end-2010
31.08.2010At the end of the year 2010, Skonto Plan Ltd. are to begin the construction of a new metalworking factory in Tukums which will produce medical furniture, the company's board member Guntis Ravis said in an interview with the business portal Nozare.lv.
Keyword tags: Construction, Latvia, Markets and Companies, Metals Market, Real Estate
Liepajas metalurgs posts LVL 7.7 mln in losses in H1
26.08.2010The joint-stock metallurgical company Liepajas metalurgs posted LVL 7.7 million in losses in the first half of the year 2010, according to the company's financial report at the Riga Stock Exchange.
Scrapping of Latvian ship in India provokes environmental protests
10.06.2010The planned scrapping of the Latvian shipping company Latvijas kugnieciba’s tanker "Mar" in India has provoked international environmental protests, as it is possible that the ship contains toxic substances.
Package deposit tax on canned drinks will increase to 1 kroon from June
20.05.2010From June 2, 2010, all beverages packaged in metal containers will be sold with the package deposit tax of 1 kroon and this amount will be paid for each returned container as well, LETA/Eesti Päevaleht writes.
Finnish metalworks company Hyrles opens a plant near Tallinn
16.04.2010Finnish company Hyrle that produces frames and containers for electronics industry will open a plant in Rae parish near Tallinn, creating 30 jobs, LETA/Eesti Päevaleht Online reports.
Scrap metal helps the poorest in Lithuania to survive
Lithuanian people, striving with poverty and doing the utmost to make ends meet, make for living by digging out scrap metal buried by factory workers during Soviet times, LETA/Alfa.lt reported, referring to daily Lietuvos Rytas (The Lithuanian Morning).
Saku Metall boosted exports by 9.4% in 2009
Estonian metal doors producer Saku Metall posted a turnover of 240.5 mln kroons and operating profit of 13.8 mln kroons in 2009, LETA/Äripäev.ee reports.
Estonians will build a car battery recycling plant in Slantsy in Russia
The owner of Estonian security services company Pristis Indrek Sepp and his partners are establishing a plant for processing used car batteries in Slantsy, which will be the first such plant in North West Russia, LETA/Eesti Päevaleht writes.
Polish companies encouraged to cooperate with Latvia
During a visit to the province of Silesia, Latvian Ambassador to Poland Einars Semanis has called for local companies to enter into cooperation with Latvia, LETA was informed by the Embassy.
Turnover of Severstallat fell by 2.5 times in 2009
In 2009 the turnover of the Severstallat concern fell by 2.5 times compared with 2008, according to the company's unaudited financial data.
Spanish metal concern Celsa enters Estonian market
As Äripäev Online reports, the Spanish metal industry concern Celsa plans to start buying scrap metal from Estonia for its European plants which will result in a price increase, writes LETA
Estonian ArcelorMittal galvanizing plant will be re-launched
Due to the positive state on the market the ArcelorMittal galvanising plant will re-launch production operations in the Estonian Port of Muuga in February, after eight months of suspension of work, writes LETA referring Äripäev.
Liepajas metalurgs to take out EUR 86.77 mln loan for modernization
The metallurgical company Liepajas metalurgs plans to borrow EUR 86.77 million for modernization of its production plant, the newspaper Biznes&Baltija reports today.
Spanish Sopena Group plans to build aluminium plant in Alytus
A Spanish metal processing conglomerate Sopena Group is set to build an aluminium processing plant in the Alytus industrial park, Lithuania's economy ministry said in a release.
New steel mill will be built in Lithuania in 2010
The construction of a new steel mill that will produce products for the local market will begin in Lithuania in the middle of 2010, Russian company's TESO Engineering announcement was quoted by LETA.
Updating the Nordic-Baltic cooperation 
