International Internet Magazine. Baltic States news & analytics
Thursday, 01.05.2025, 06:37
In July, retail trade experienced annual increase 3.9% in Latvia
Data of Central Statistical Bureau show that, compared to June, the total retail trade turnover in July 2014 rose by 2.2%, according to seasonally adjusted data at constant prices. Both retail trade in food products and non-food products increased by 2.2%.
Lithuanian City Service records EUR 97 mln in consolidated revenue
Lithuanian AB City Service has announced its unaudited Consolidated Interim Financial Statements for the six months of 2014, prepared according to International Financial Reporting Standards, and Consolidated Interim Report for the six months of 2014, informs LETA/ELTA.
Uzbekistan favors Latvian products
More than 40 leaders of Latvian food production companies participated in a meeting with Uzbekistani business owners yesterday. Although, specific cooperation agreements could be signed in November 2014 after the scheduled exhibition for food industry in Almaty, the Latvian Agricultural Consulting and Education Center spokeswoman Iveta Tomsone informed the business portal Nozare.lv, cites LETA.
Four new hotels to open in Riga in 2015
Four new hotels will have their grand openings in Riga in 2015, two of them with a five-star rating, according to information provided by Nozare.lv, cites LETA.
Third Subway restaurant in Latvia to open in Vecriga
The third Subway fast-food restaurant will open in Latvia next week, Nauris Liberts, a co-owner and board member of PLG Group, told the business portal Nozare.lv, cites LETA.
Ryanair unveiled Business Plus
Ryanair, Europe’s favourite low cost airline, on August 27th unveiled Ryanair Business Plus, offering Europe’s business travellers a tailored suite of travel benefits, reported BC deputy manager, sales and marketing at Ryanair Elina Hakkarainen.
Former Lenta.ru chief editor founds media project in Latvia
Former chief editor of the Russian news site Lenta.ru, Galina Timchenko, has founded a company in Latvia, reports LETA/Nozare.lv.
Latvian dairy producers will have access to Chinese market in the fall
Latvian dairy producers will have access to Chinese market already this fall, thus, dairy companies will have a chance to export their production to a country that has a rapidly growing food market, representatives of the Agriculture Ministry informed the business portal Nozare.lv, cites LETA.
Number of rural tourists in Latvia increases in 2014
The number of people embarking on country holidays in Latvia has grown again in 2014, and (despite grim predictions), developments in Ukraine did not bring down the number of vacationers from Russia, reports LETA/Nozare.lv.
Turnover of retail trade and catering enterprises in Lithuania grew by 7.5% in July
Statistics Lithuania informs that, based on provisional data, in July 2014, the turnover (VAT excluded) of retail trade enterprises* amounted to LTL 2697.3 million; against June, it increased by 7.5% at constant prices (seasonally adjusted – by 0.6%).
In January-July, cargo turnover in the Baltic Eastern Coast Seaports increased by 4.3%
In January-July 2014, the overall cargo handling in the Baltic Eastern Coast Seaports totalled 122 216 490.8 thou. tn; the year-on-year change is +4,3% or +8 917,1 thou. tn, reports BC Klaipeda port’s press service.
airBaltic achieves 14 mln euro profit in H1
Latvian airline airBaltic has achieved a net profit of EUR +14 million for the first half of 2014. airBaltic has turned around the Jan-Jun 2013 loss of EUR -12 million, converting it into a net profit of EUR +14 million for the same period in 2014, despite new challenges in the eastern markets, informed BC Janis Vanags.
Orkla will focus on developing Laima
Norway's Orkla – the new owner of NP Foods and its companies Laima, Gutta, Staburadze, Staburadzes konditoreja and Margiris, plans to increase turnover by 6% annually, as well as expand export volumes to Western Europe and Asia, focusing on Laima as the leading brand, informs LETA.
SiteSupra – a step forward for the small business website market
Latvian SiteSupra has launched a hosted CMS and website builder, with the aim of helping small businesses to create professional-looking and powerful websites that look as if they have been tailor-made by a top developer, reports marketing and customer communications manager at SiteSupra Liene Birze.
In 2014, Grain harvest in Latvia to be 11% larger than the average in past 5 years
Despite the changeable weather this year, this season's grain harvest could reach 1.916 million tons, which is 11% more than the average harvest for the past five years, the Agriculture Ministry's spokeswoman Rigonda Krievina informed the business portal Nozare.lv, reports LETA.
«The Baltic Course» Is Sold and Stays in Business!
