International Internet Magazine. Baltic States news & analytics
Monday, 11.12.2023, 04:21
At the year's last meeting of the EU Agriculture and Fisheries Council, several agreements were reached by the ministers, including on an EU-wide animal welfare label and fishing quotas, wrties LETA/BNS.
Keyword tags: Agriculture, Ecology, EU – CIS, Markets and Companies
The coronavirus pandemic caused a major workforce crisis in the Estonian agricultural sector, as the closure of borders left the sector without foreign workers, it appears from a report on the impacts of COVID-19 on development trends that is being finalized by the Foresight Center, wirtes LETA/BNS.
An increase in agricultural production volumes continued in Estonia also in the third quarter with milk production up 4% and meat production growing 6% on year, writes LETA/BNS, according to Statistics Estonia.
Latvian agricultural cooperatives Latraps and VAKS have attracted a strategic partner and raised funds from international and local financial institutions to set up a new company, ASNS Ingredient, in order to build a new split pea protein plant with EUR 75 million, ASNS Ingredient head Raivis Zabis informed LETA.
AUGA Group, one of the leading agricultural investment companies in the Baltic states, continues expanding its business in the United States and Canada, with the company's representative saying that North America has become a key export destination for the company's products, informs LETA/BNS.
Lithuania's cereal production is forecast to have grown by almost 16% in 2020 compared to 2019 to a new record high, and the country's rapeseed output is expected to be 34% higher this year, the Agriculture Ministry said on November 4th, informs LETA/BNS.
Linas Agro, an agricultural company operating in Lithuania, Latvia and Ukraine, has established a company in Estonia in an effort to strengthen its position in the Baltic market, informs LETA/BNS.