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Tuesday, 27.05.2025, 21:22
airBaltic carries 24% more passengers in Q1
The Latvian airline airBaltic in the first quarter of 2018 has transported 729 897 or 24% more than in the same period last year to its network spanning Europe, Scandinavia, Russia, CIS and the Middle East. In March 2018, 280 724 passengers or 25% more than last year travelled with airBaltic, reported BC airline’s press service.
Novaturas raises Q1 sales by 49%
Novaturas, one of Lithuania's largest tour organizers, posted 25.8 million euros in revenue in the first quarter of 2018, up by 49% from the January-March period last year. In March alone, the revenue stood at 10.1 million euros, which is a jump by 46% year-on-year, the company said, cites LETA/BNS.
FlexStart investment of 3.3 mln euros approved by Klaipeda FEZ
The Klaipeda FEZ board has just approved investment for the exciting new 3.3 million FlexStart project in Lithuania. FlexStart will be a ready to use purpose built manufacturing and administrative complex that will give businesses the ability to have their operations up and running in only 3 months.
Latvian Environmental Protection Fund receives Baltic Sea Fund prize
The Latvian Environmental Protection Fund has received the Baltic Sea Fund prize and EUR 20,000 for its campaign My Sea, the fund’s representative Sanita Ribena reported LETA.
Baltic countries post growth in January-February exports
All three Baltic countries posted year-on-year growth in exports for the first two months of 2018, figures from the EU statistical office Eurostat showed on Friday, cites LETA/BNS.
EuroChem to build ammonia terminal at Sillamae, Estonia
The Russian manufacturer of fertilizers EuroChem Group AG is to build an ammonia terminal to the northeastern Estonian city of Sillamae for 65 million euros by the end of the year, informs Interfax/BNS/LETA.
Riga Wood Baltic raises 2017 sales by 20.6%
Riga Wood Baltic, a subsidiary of the largest Latvian wood-processing company Latvijas Finieris, closed last year with EUR 6.644 million in turnover at a 20.6% rise from 2016 and made a profit of EUR 103,576 as opposed to a loss the year before, reports LETA, according to Firmas.lv business information website.
Park Hotel Kemeri to open in historical sanatorium building in 2020
The five-star Park Hotel Kemeri is now scheduled for opening in a historical sanatorium building in Jurmala in the summer of 2020, the company’s representatives told LETA.
Revenue of Cleveron grows 3.5-fold in 2017
The revenue of Estonian delivery solutions company Cleveron AS grew nearly 3.5-fold to 11.2 million euros last year and the company's profit totaled 723,000 euros, compared with 212,000 euros of loss in 2016, informs LETA/BNS.
LatRosTrans nearly doubles profit in 2017
LatRosTrans oil pipeline operator, a subsidiary of Latvia's Ventspils Nafta group, last year made a profit of EUR 1.746 million or 1.8 times more than in 2016 but the company's turnover dropped 4.43% to EUR 10.025 million, writes LETA, according to Firmas.lv business information website.
Klaipeda continues to rank 1st among Baltic ports by cargo traffic
Klaipeda this year retains the number-one spot it held in 2017 among all Baltic seaports in terms of cargo traffic, informs LETA/BNS, according to figures released by the ports.
Salacgriva port posts 47.4% increase in cargo turnover for Q1
The port of Salacgriva handled 103,400 tons cargo in the first three months of 2018, which was a 47.4% increase against the same period last year, LETA was told at the port.
Digital traffic signs to be installed on Via Baltica
Digital traffic signs will be installed on the Via Baltica highway, said Latvijas Valsts Celi (LVC) state road manager’s representatives, reports LETA.
Freight flows of Estonian Railways grew by 8.4% in Q1
In the first quarter 2018, nearly 3.8 million tons of freight was transported on the infrastructure of the state-owned Estonian railway infrastructure company Estonian Railways (Eesti Raudtee), which is 8.4% more than the year before, reports LETA/BNS.
Dutch Hyarchis entering Lithuania
Hyarchis, a Dutch developer of business software and information technologies (IT), is coming to Lithuania – it set up a subsidiary Hyarchis Baltic, informs LETA/BNS.
«The Baltic Course» Is Sold and Stays in Business!
