Markets and Companies

International Internet Magazine. Baltic States news & analytics Wednesday, 16.07.2025, 12:12

20.06.2011

Estonian malted soft drink producers upset with fermentation requirement

Several Estonian brands of soft drinks look set to lose their designation as kvass under a brewers association definition that says the real stuff must be fermented.

20.06.2011

Estonian TV planning to start transmitting programming in Sweden

Representatives of the Estonian National Broadcasting are currently in negotiations in order to get its TV programming transmitted in Sweden via cable TV operators, writes LETA/Postimees Online.

18.06.2011

Latvian Criminal Police officer detained for possession of 3 tons of illegal alcohol

Latvian State Police Internal Investigation Department officers have detained a State Police Criminal Police officer on suspicion of possessing and selling illegal alcohol.

17.06.2011

Estonia’s dairy Tere launched exports to Islamic countries

The Tere Dairy Industry is hoping to export its products to Arabic countries, to Asia and Latin America, selling powder products made in Põlva, writes LETA/National Broadcasting.

17.06.2011

Lithuania corporate profits at nearly 2 bln litas in Q1

Companies in Lithuania operated at profit in the first quarter of 2011 with total profits of nearly 2 billion litas (0.579 billion euros). Corporate profits grew by 2.8 times year-on-year and by 39.8% compared with the previous quarter.

17.06.2011

Criminal process against Elkor started for large scale money laundering

A criminal process has been initiated against department store chain Elkor, as the company is suspected of large scale money laundering and falsification of documents, State Police Chief Artis Velss announced on Latvian Radio today.

17.06.2011

Cross-border co-operation to prevent drug trafficking focus of OSCE-organized conference

An OSCE-organized conference to foster international and regional co-operation to prevent the trafficking of illegal drugs started in Vienna yesterday, the press service of the Foreign Affairs Ministry reports. The two-day event focuses on the need for a cross-border approach and a clear strategy to counter drug trafficking.

17.06.2011

TeliaSonera ready to participate in privatization of Lattelecom and LMT

The Swedish telecommunication company TeliaSonera is ready to take part in privatization of Latvian telecommunication companies Latvijas Mobilais telefons (LMT) and Lattelecom, as soon as the Latvian government is ready as well, Nozare.lv was informed by TeliaSonera spokesperson Hokan Dahlstrom.

17.06.2011

The ministries to implement the recommendations for improvement of the investment environment in Latvia

On Thursday, June 16, in Rīga, a meeting of the Coordination Council for Large and Strategically Important Investment Projects was held, chaired by Prime Minister Valdis Dombrovskis, where an agreement was reached on the implementation of recommendations for improvement of the investment environment, which were developed during the meeting of the Foreign Investors Council in Latvia (FICIL) and the government in May.

17.06.2011

Police carrying out searches at Elkor department stores in Riga

Within the framework of a criminal case, police have carried out searches at Elkor department stores in Riga.

17.06.2011

Lithuanian President signs Law on Forests

President of Lithuania Dalia Grybauskaite has signed the Seimas reviewed amendments to the Law on Forest, which will not allow destructing and urbanizing forests and will guarantee a free access for the public.

17.06.2011

Swedbank: Lithuanians saving up for shopping, Latvians for ageing, Estonians for children

Lithuanians tend to save up for larger purchases, Latvians are concerned about their ageing, and Estonians think about their children, a recent survey by Swedbank's Institute of Private Finance in the Baltic States shows.

16.06.2011

Latvia supports EU-South Korea free trade agreement

Today, Latvian Saeima supported in principle in the first reading the free trade agreement between the European Union and South Korea.

16.06.2011

300 craftsmen and natural food producers to take part in Midsummer Market on Dome Square in Riga

On June 22, 300 craftsmen and natural food producers will participate in the traditional Midsummer Market on Dome Square in Riga's Old Town, LETA was informed by Riga City Council's spokeswoman Ilona Bruvere.

16.06.2011

Olainfarm sales increased by 41% in January-May

In the first five months of 2011, sales for the joint-stock pharmaceutical company Olainfarm increased by 41%, compared to the respective period last year, Nozare.lv was informed by Olainfarm’s board member Salvis Lapins.


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