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Thursday, 17.07.2025, 07:57
Maxima plans around 100 new Stokrotka stores in Poland
Stokrotka, a Polish retail chain purchased recently by Maxima Grupe (Maxima Group), this year is likely to add around 100 new stores to its existing chain of 436 stores, the Lithuanian group's chief executive officer said, cites LETA/BNS.
DFDS Seaways posts EUR 7.4 mln profit for 2017
Danish-owned, Klaipeda-based DFDS Seaways last year posted a profit of 7.4 million euros on revenue of 77.7 million euros, up from 1.5 million euros and 76 million euros in 2016, respectively, the business daily Verslo Zinios reported on April 26th, cites LETA/BNS.
Kidy Tour in cooperation with Corendon Airlines to organize charter flights from Riga to Antalya
Lithuania’s Kidy Tour operator in cooperation with Turkey’s Corendon Airlines will organize charter flights from Riga to the Turkish resort Antalya, the tour operator’s representatives told LETA.
Revenue of Harju Elekter rose by 48.3% in Q1
Revenue of the listed Estonian electrical equipment maker Harju Elekter Group grew 48.3% to 26 million euros in the first quarter of this year and the net profit of the period dropped 99.6% on year to 102,000 euros, as the company at the same time the year before earned a one-time financial income from the sale of the PKC Group Oyj shares in the amount of 25.4 million euros, informs LETA/BNS.
100 new jobs created at Latgale Special Economic Zone in first year
More than a hundred jobs will have been created at Latgale Special Economic Zone (SEZ) companies in the first year if all the projects they have submitted are implemented, Latgale SEZ supervisory board chairman, Daugavpils City Council member Janis Lacplesis (Latgale Party) told LETA.
Vintage tram to resume service in Riga during active tourism season
The restored tourist tram originally built in 1901 will resume service in Riga during the active tourism season also this year, said Rigas Satiksme municipal company providing public transport services in the Latvian capital, cites LETA.
New ammunition facility planned in Lithuania
Zala Arms, a Lithuanian company selling hunting gear, is setting up an ammunition production line with a test shooting range as well as a first-in-the-country private gunpowder storage, reports LETA/BNS.
airBaltic welcomes millionth Bombardier CS300 passenger
On April 24, the Latvian airline airBaltic welcomed its millionth passenger traveling on the brand new Bombardier CS300 aircraft since the launch of commercial operations of the aircraft on December 14, 2016. The lucky millionth passenger was Santa Klēģere, who arrived at Riga International Airport on board an airBaltic flight from Paris, informed BC airline’s press service.
Lithuania posts one of EU's largest increases in Q1 truck sales
Lithuania's new heavy truck sales grew at one of the fastest rates in the EU in the first quarter of 2018, figures from the European Automobile Manufacturers' Association (ACEA) showed on April 24th, cites LETA/BNS.
Hyarchis set to expand to Kaunas
Hyarchis, the Dutch market leader in enterprise content systems for the financial services industry, has decided to expand its operations to Lithuania's second-biggest city of Kaunas, Invest Lithuania said on April 24th, informs LETA/BNS.
Sales of Laima Exclusive product line abroad jump 48% in 3 months
Sales of sweets of Laima Exclusive product line by Latvia's Laima sweetmaker in foreign markets has jumped 48% in the first three months of 2018, compared to the respective period last year, the company reported LETA.
SEB and Danske issue EUR 34 mln loan for expansion of Origo Shopping Center in Riga
SEB Banka and Danske Bank have issued a EUR 34 million loan for the expansion of the Origo Shopping Center in central Riga, informs LETA.
Estonian company signs contract to bring railway route from China to Muuga
A subsidiary of the Estonian logistics company GTS Express entered into a cooperation contract with the Chinese railway, in the framework of which initially two trains per week should start arriving from Xian to Muuga starting from June 2018, reports LETA/BNS.
Vilkyskiu dairy plans to invest up to EUR 40 mln in new plant
Vilkyskiu Pienine (Vilkyskiai Dairy), a leading Lithuanian dairy producer, intends to build a new dairy factory next to its cheese production and whey processing complex in Taurage, with plans to invest up to 40 million euros in the project and create 50 new jobs, the mayor of the western Lithuanian district said, cites LETA/BNS.
In March, industrial production in Lithuania increased by 2%
Statistics Lithuania informs that in March 2018, based on provisional data, industrial production totalled EUR 1.8 billion at current prices and, compared to February, seasonally and calendar adjusted, increased by 2% at constant prices (unadjusted – by 12.6%).
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