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Thursday, 01.05.2025, 05:05
Tallinna Kaubamaja launches a security services and catering companies
One of Estonia's largest retailers, the Tallinna Kaubamaja concern announced on Friday that it established a security services company and catering company and hopes to expand its activities in these spheres.
Estonian Chamber of Commerce tries to attract Latvian companies to Estonia
The Estonian Chamber of Commerce in Latvia together with Latvian colleagues call entrepreneurs to invest more in neighboring states, LETA/Public Broadcasting reports.
Baltika merges with its wholly-owned subsidiary Virulane
In May 2012 AS Baltika acquired 2,595 AS Virulane shares (6.2% of shares) and now owns 100% of subsidiary’s shares, the company informed the Tallinn bourse.
Business Employers' Confederation: Lithuanian banking system in danger
Danas Arlauskas, Director General of the Lithuanian Business Employers' Confederation, thinks that the Lithuanian banking system is in danger because it is operating in the environment determined by competition, capital flight and crisis.
European Commission urges Lithuania and Cyprus to comply with EU waste legislation
Two Member States have not correctly interpreted or applied EU waste laws: Cyprus (for landfill) and Lithuania (for packaging waste), causing harm to human health and the environment, potentially creating barriers to trade and distorting competition, egovmonitor.com said.
Producer price in Latvian industry decreased by 0.4% in May
Compared to April, the overall level of producer prices in the Latvian industry in May 2012 decreased by 0.4%, according to the data of the Central Statistical Bureau of Latvia. Compared to May 2011, the level of producer prices in the Latvian industry increased by 2.6%.
Dobeles dzirnavnieks increased profit by 130% in 2012
Grain processing company Dobeles dzirnavnieks achieved LVL 2.53 million in profit in 2011, a 130% increase on 2010, according to information on Firmas.lv.
Internet shopping gains popularity in Lithuania
Internet shopping becomes more and more popular in Lithuania; therefore, consumers prefer check in trade centers to look at the items and later make purchases via the world-wide net, The Lithuania Tribune reports referring to Lietuvos Rytas.lt.
Lithuanian industrial output drops by 13.1% in May
Industrial production in Lithuania decreased sharply in May 2012, after increasing in the previous month, Statistics Lithuania said Thursday, RTTNews reports.
Tartu's first adventure park opens
The Raadila Adventure Park – the first in Tartu – opened doors on Wednesday, the Estonian national broadcasting corporation ERR reports.
British retailer Debenhams evaluating possibility of expanding into Baltics and Finland
The British retail store chain Debenhams is evaluating the possibility of opening stores in the Baltic capitals, as well as in Helsinki, the founder of the Latvian company Kolonna Ieva Plaude-Relingere said in an interview to the magazine Lietiska Diena.
Silmet Grupp's profit grew 10 times in 2011
Silmet Grupp, the biggest shareholders of which is Estonia's former prime minister Tiit Vähi, earned in 2011 28.5 million EUR of profit versus 2.9 million EUR in 2010, Postimees Online/LETA reports.
Producer price index in Estonia did not change in May
According to Statistics Estonia, in May 2012 the producer price index of industrial output changed by 0.0% compared to April and by 2.0% compared to May of the previous year.
Espersen to expand Klaipeda-based plant in Lithuania
Denmark-based enterprise A. Espersen A/S, a leading enterprise in processing of frozen fish blocks, frozen fillets, special cuts and breaded fish products, plans to expand the premises of the Lithuanian subsidiary based in Klaipeda and increase the production volume, the Estonian news portal BBN reports referring to news service news2biz Lithuania.
Importer of alcoholic beverages Mobil Plus will operate with company name ALTIA LATVIA
One of the leading importers and distributors of alcoholic beverages that was known in Latvian market with name Mobil Plus announces change of name and will continue operation in the sector as ALTIA LATVIA Ltd.
«The Baltic Course» Is Sold and Stays in Business!
