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Saturday, 07.06.2025, 11:13
Smiltenes Piens projects export growth in 2016
Smiltenes Piens dairy company closed the year 2015 with EUR 15.85 million in turnover, which was a 4% drop from a year before when the company achieved EUR 16.56 million in annual turnover, reports LETA, according to information from Firmas.lv.
World medical tourism market expected to reach $143.8 mln by 2022
A new report published by Allied Market Research titled, “World Medical Tourism Market – Opportunities and Forecasts, 2014 – 2022”, projects that the world medical tourism market would reach $143.8 billion by 2022, with a CAGR of 15.7% from 2015 to 2022.
Estonian court doesn't satisfy claim of Tallinna Kaubamaja on sales tax
The Tallinn circuit court on May 9th did not satisfy an appeal made by the listed Estonian retailer Tallinna Kaubamaja Grupp regarding returning the sales tax paid by its subsidiaries Viking Motors, TKM King and TKM Beauty, while the dispute between subsidiaries of Tallinna Kaubamaja Grupp, Selver AS and Kaubamaja AS, and the Tallinn Enterprise Department in regard to excise goods is to continue in the circuit court, the company told the stock exchange, cites LETA/BNS.
YPO: EU business leaders remain most confident in the world for third consecutive quarter
YPO, the premier network of global business leaders and chief executives, announced that business leaders in the European Union remain more optimistic about business and economic conditions than their counterparts anywhere else in the world, reported BC Linda Fisk from YPO.
Baltic-course.com now available on mobile devices
Good news for our readers: all Baltic-couse.com magazines’ materials are now available online in Russian and English: both for personal computers and mobile devises. Thus, we follow global trends in digital connectivity and readers can use our online platform for Facebook, Twitter, etc. accounts and profiles.
Share of Estonian buyers grows in Baltic M&A transactions in 2013-2015
The share of Estonian buyers in merger and acquisition (M&A) transitions in the Baltic countries has substantially increased in 2013-2015, results of a study conducted by Baltic private and risk capital associations show, cites LETA/LETA.
Vilnius court upholds watchdog's decision to ban part of NTV Mir content
A Vilnius court has dismissed an appeal filed by almost 30 Lithuanian re-broadcasters against the media watchdog's decision to ban only Russia-produced content of the Russian-language TV channel NTV Mir Lithuania, informs LETA/BNS.
34 investors offer shares to Ekspress Grupp for buyback
In the framework of a buyback program of the listed Estonian media group AS Ekpress Grupp, 34 investors wanted to sell more than 829,000 shares or which the group is to buy back 500,000 shares, informs LETA/BNS.
Riigikogu Committee doesn’t support the Government’s positions on the Posting of Workers Directive
The European Union Affairs Committee of the Riigikogu (Parliament of Estonia) agreed with the opinion of the specialised committees not to support the positions of the Government on the Posting of Workers Directive and, by consensus, made a proposal to the Government to amend the Government’s positions, reported BC Epp-Mare Kukemelk from the Riigikogu press service.
Latvian MFA appreciates the successful cooperation with Flanders over 20 years
On May 9th, the Latvian Foreign Minister Edgars Rinkevics met with Geert Bourgeois, Minister–President of the Government of Flanders, who has arrived in Riga to celebrate the 20th anniversary of the agreement on cooperation between Latvia and Flanders. Edgars Rinkevics said he was happy about the successful cooperation with the Flemish Region in Belgium over the past two decades, informed BC the Latvian MFA.
Grigeo Grigiskes posts 45% fall in Q1 net profit
Lithuania's hardboard and toilet paper production group Grigeo Grigiskes saw its first-quarter condolidated net profits slump down by 45.3% to 1.195 million euros, from 2.186 million euros a year ago, informs LETA/BNS.
East Capital Explorer becomes independent investment company
Shareholders of the Nordic investment fund East Capital Explorer decided at Monday's general meeting to end the investment contract with the East Capital group and become an independent fund, informs LETA/BNS.
Vilkyskiu dairy ready to launch exports to China
Vilkyskiu Pienine, a major Lithuanian dairy producer, is ready to launch exports to China, but several bureaucratic hurdles are yet to be removed, the company's chief executive officer said, cites LETA/BNS.
Brexit: how much of a hit to the Baltics?
In the base scenario, Swedbank expects the UK to stay in the EU. The UK referendum will thus be followed by a rebound in stock prices and British pound sterling (GBP) from earlier depressed values that were driven by Brexit - risk uncertainty. EUR/GBP rate is currently at 0.785, but it can weaken more in the coming month.
Estonian businessman Kofkin triumphs against journalists in book lawsuit about Ansip
The businessman Alexander Kofkin has achieved a final victory in a lawsuit against the authors and the publisher of a book about former Estonian Prime Minister Andrus Ansip after the Supreme Court on Monday turned down the defendants' appeal, informs LETA/BNS.
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