International Internet Magazine. Baltic States news & analytics
Wednesday, 21.02.2024, 12:50
The goal for Saunum Group, which made its debut on the First North market of Nasdaq Baltic on Friday, is to try and make it to the markets of Germany and Sweden in 2021, CEO Henri Lindal said on December 18th, cites LETA/BNS.
Keyword tags: Baltic Export, Baltic States – CIS, Estonia, EU – Baltic States, Good for Business, Markets and Companies
Estonian beverage house Saku Olletehas started the large-scale export of its output to Russia this fall, and the new export agreement is one of the largest for Saku in recent years, Saku Olletehas Board Member Jaan Harms said LETA/BNS.
Latvia is pioneering an automated coronavirus testing station that can operate around the clock and virtually eliminate the risk of infection during the screening process, organizers told the AFP news agency on Deember 16th, cites LETA.
Underwater drones manufactured in the port of Riga successfully compete in the world markets Mon, 12/14/2020 - 11:32 “Eprons ROV”, a company based in the territory of the Port of Riga in Mangaļsala, has been providing diving services for more than 20 years, specializing in underwater works of various levels of complexity both in Latvia and in several other European countries. Since 2009, the company has also been developing and manufacturing underwater remote control devices (drones), which are in demand for underwater research works, construction and inspection of hydro-technical structures, as well as ship repair works all over the world, informed Freeport of Riga representative.
Lithuania's exports shrank by 5.4% in January-October 2020 from a year earlier to 23.367 billion euros, and its imports slumped down by 11.4% to 23.681 billion euros, the country's statistics office said on December 10th, cites LETA/BNS.
According to Statistics Estonia, in October 2020, compared to October 2019, the exports of goods increased by 10% and imports decreased by 5%. Of the total exports, the goods of Estonian origin accounted for 75%. Exports to non-EU countries increased by 38%, while exports to EU countries decreased by 2%.
During an initial public offering (IPO) of Estonian developer of sauna heaters and indoor air conditioners Saunum Group AS, investors subscribed to close to 1.1 mln of the company's shares worth nearly 3.1 mln euros, resulting in more than tenfold oversubscription, reported LETA.