International Internet Magazine. Baltic States news & analytics
Wednesday, 07.05.2025, 07:26
Number of Baltic M&A deals reaches record high
A new report by Ellex and Mergermarket reveals that M&A deal volume in 2016 was up 24% on the previous year, reaching its highest point on Mergermarket record. And the outlook for 2017 remains similarly robust, in spite of a backdrop of broader regional turbulence caused by Brexit, continued economic contraction in Russia, and slow growth throughout the eurozone.
Lithuania's Fasa joins forces with Swiss Egli AG
Lithuania's packaging equipment manufacturer Fasa cooperates with the Swiss butter and margarine technology producer Egli AG, according the business daily Verslo Zinios reported on Tuesday writes LETA/BNS.
Estonia's agricultural exports fall 8% on year in 2016
Estonia's agricultural exports fell across the board last year, declining by approximately 8% in all, and continued to be dominated by non-value added products, writes LETA/BNS.
Olainfarm pharmaceutical company may start exports to Turkey
Latvian pharmaceutical company Olainfarm may start exports to Turkey before the end of this year, Olainfarm board member Salvis Lapins said LETA.
Latvia's ruling coalition backs bill about "national security enterprises"
Latvia's ruling coalition approves of the legislative amendments concerning the enterprises important for national security, Agriculture Minister Janis Duklavs ) told the LETA after the meeting of the ruling coalition parties on Monday.
Operative Archive - redux of the Baltic Pavilion opens in Tallinn
A concentrate of The Baltic Pavilion – a joint exhibition that represented Estonia, Latvia and Lithuania at the 15th International Architecture Exhibition, la Biennale di Venezia 2016 – is now on display in Tallinn at the Design and Architecture Gallery.
Aeroc construction materials maker renamed to Bauroc
Latvia’s Aeroc construction materials producer has been renamed to Bauroc, information from Firmas.lv writes LETA.
Tukums Airport has a new strategic investor
SIA Sky Port, located in Engure municipality and previously known as Tukums Airport, has acquired a new strategic investor Raimonds Kisiels, BC informed Skay Port`s representative.
Vilnius declares emergency over Legionnaires' disease
An emergency has been declared in Vilnius after Legionella bacteria were found in the water systems of several apartment buildings in the Lithuanian capital, writes LETA/BNS.
Lithuania's KG Group to invest EUR 10 mln in Belarus
Lithuania's KG Group, which is controlled by Tautvydas Barstys, is set to invest 10 million euros in its two companies in Belarus after securing a working capital loan from the European Bank for Reconstruction and Development (EBRD), reports LETA/BNS.
CFLA supports Rigas Satiksme's Skanste tram line project
The Central Finance and Contracting Agency (CFLA) has concluded that the plan by the Riga public transport company Rigas Satiksme to build a tram line on Skanstes Street in Riga meets all the requirements and the project may move on, writes LETA.
Natural gas tariffs for Latvian industrial consumers unchanged in March
In March 2017, Latvian natural gas utility Latvijas Gaze has left gas tariffs for industrial consumers unchanged, according to an announcement published on Latvijas Gaze Internet website.
Rigas Satiksme municipal transport company to appeal Competition Council’s decision on EUR 2.1 mln fine
Rigas Satiksme municipal public transport company will appeal the Competition Council’s decision to fine the company with EUR 2.1 million, Rigas Satiksme board member Emils Jakrins said in a press briefing today.
Bauhaus opens new DIY store in Tallinn
The home improvement and gardening retailer Bauhaus opened on Friday morning its second store in Estonia in Tallinn's Rocca al Mare neighborhood that represents an investment of more than 20 mln euros, reports LETA/BNS,
Estonian wood industry co Combiwood acquires Norwegian mouldings producer
Estonian wood industry company Combiwood has acquired Barkevik, a Norwegian manufacturer of mouldings, reports LETA/BNS.
«The Baltic Course» Is Sold and Stays in Business!
