Markets and Companies

International Internet Magazine. Baltic States news & analytics Saturday, 21.06.2025, 06:05

21.05.2013

Cytec launched their Global Business Services GBS in Riga

Cytec Industries, a global specialty materials and chemicals company present in more than 40 countries, launched their Global Business Services (GBS) in Riga on May 14th. Since the establishment of their Shared Services Center in Riga in 2010, Cytec has made several enhancements to the operations conducted there, promoting a gradual change from an operational center to a dynamic office focused on process improvement and business excellence.

21.05.2013

Lithuania's PM: wages for cultural personnel will be increased in 2014

On Tuesday Lithuania’s Prime Minister Algirdas Butkevicius confirmed that as of 2014 wages for cultural personnel and some law enforcement officials will be increased., reports LETA/ELTA.

21.05.2013

Estonian milk production posted a new record in March

Estonia fulfilled 95.96% of the milk production quota that was allocated it in the quota year that ended with March as the dairy herds of 901 quota holders produced nearly 658,400 tonnes of milk, LETA/Public Broadcasting reports.

21.05.2013

Latvian Chamber of Commerce export awards presented to Stali and Blind save

Latvian Chamber of Commerce and Industry's export awards were presented to the wooden window and door producer Stali and floorball goalkeeper protective equipment producer Blind save yesterday, informs LETA/Nozare.lv.

21.05.2013

Estonian Police and Border Guard Board buys 1.35 mln new passports

Estonian Police and Border Guard Board (PBB) will start issuing passports with new security elements from 2014 and thus, concluded on Monday a contract for buying 1.35 million new blank passports over the next five years, LETA/Delfi reports.

21.05.2013

Zaharjins: Lipmans is lying to benefit himself from Liepajas metalurgs

"Liepajas metalurgs minority shareholder Kirovs Lipmans, is lying to benefit himself," the company's major shareholder Sergejs Zaharjins points out in an interview for the newspaper Diena, cites LETA.

21.05.2013

Estonian Supreme Court confirms bourse manipulation conviction of prominent businessman

The Estonian Supreme Court Criminal College decided not to change the conviction of prominent Estonian businessman Toomas Tool and former SEB Pank broker Karoly Kirber for bourse manipulation, LETA/Public Broadcasting reported on Monday.

21.05.2013

Merger of subsidiaries of Tallinna Kaubamaja

Merger of Estonian trade company Tallinna Kaubamaja AS's shoe trading subsidiaries registered in Estonian Commercial Register, the company said in a statement, informs LETA.

20.05.2013

The producer price index of industrial output in Estonia decreased slightly in April

According to Statistics Estonia, in April 2013, the producer price index of industrial output changed by -0.1% compared to March and by 4.6% compared to April 2012.

20.05.2013

Kaunas city – export leader of Lithuanian goods

Kaunas district is a leader in Lithuanian goods export, says Lithuania Statistics. In 2012 companies in this district exported Lithuanian goods worth of LTL 9.384 billion (EUR 2.717 billion), it constitutes 19% of the export of Lithuanian origin goods, reports LETA/ELTA.

20.05.2013

Innovations: challenges for all age-groups

The European Union is in a time of change; generally, it is the short-term economic issues that attracts the decision-makers’ attention. Through the EU main stream –innovations- various age groups are supposed to take part in changing the development trend in the member states; first of all through the Union’s digital agenda.

20.05.2013

National stadium will be built by 2016 in Vilnius

The Government has decided to finish the construction of the national stadium in Vilnius city by 2016, informs LETA/ELTA.

20.05.2013

President: state does not have to take over Liepajas metalurgs's liabilities

"The state does not have to take over the liabilities of the troubled metallurgical company Liepajas metalurgs", President Andris Berzins said in an interview on Latvian State Radio today.

20.05.2013

Security Police open criminal process against Latvian journalist Hramcovs

The Security Police in Latvia have opened a criminal process against journalist Andrejs Hramcovs, suspecting him of attempting to carry out a bogus operation during the May 9 Soviet Victory Day events in Riga; Hramcovs categorically denies this.

20.05.2013

Zaharjins: Liepajas metalurgs rescue in the hands of the state

The rescue of the joint-stock metallurgical company Liepajas metalurgs (LM) is in the hands of the state, and the talk about a potential investor restoring LM operations in a day's time is complete nonsense, LM largest shareholder Sergejs Zaharjins points out in an interview with the newspaper Diena, cites LETA.


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