Markets and Companies

International Internet Magazine. Baltic States news & analytics Saturday, 26.04.2025, 01:58

21.10.2013

Estonian lobby group is against VAT-related measures

Estonia’s largest corporate lobby groups said the Finance Ministry's intention to fight value added tax-fraud affect the competitiveness and business climate of the state, LETA/Bloomberg reports.

21.10.2013

Swedish ROL Group to build metal furniture factory in Lithuania

ROL/STATGA, one of the Swedish capital ROL Group companies, will build metal furniture and commercial equipment part factory in Siauliai. Minister of Economy Evaldas Gustas participated in the ceremony of the symbolic capsule burial at the construction site, informs LETA/ELTA.

21.10.2013

Bauhof LT to be restructured to avoid bankruptcy

UAB Bauhof LT, the subsidiary of the company Bauhof Group AS in Lithuania, has filed for restructuring in Vilnius Regional Court in order to handle the company's debts and adjust its business model, informs LETA/ELTA.

20.10.2013

Biggest Estonian grain terminal built by farmers opened in Lääne-Virumaa

Farmers society Kevili opened on Friday the Roodevälja grain terminal in the Sõmeru parish, Lääne-Virumaa, which is the biggest and most powerful grain terminal built with the joint efforts of Estonian farmers, LETA/Public Broadcasting reports.

20.10.2013

Baltic States to monitor PBK content

National Electronic Mass Media Council's Monitoring Center will begin monitoring content of the Pervij Baltijskij kanal (PBK) television channel to ensure that the medium observe the Electronic Mass Media Law and other regulations on electronic mass media, informs LETA/Nozare.lv.

19.10.2013

Foreign Ministry interested in strengthening economic ties with Malaga

On October 17, 2013, the Head of the Economic and Bilateral Relations Directorate of the Foreign Ministry, Ambassador Einars Semanis, met with the top management of the Chamber of Commerce, Industry and Navigation of Malaga (southern Spain) and the region’s business delegation to discuss possibilities for economic cooperation between Latvia and Spain, informs LETA.

19.10.2013

Latvian medics call for immediate action against bootleggers

On October 18th, 2013, the Latvian Medical Association sent a letter to Saeima and the Cabinet of Ministers, demanding immediate action against underground alcohol sellers, the association informed LETA.

18.10.2013

Applicable punishments for selling illegal alcohol do not achieve their goals in Latvia

Even though the situation with combating bootleg alcohol has improved over the past few years, this underground business cannot yet be fully eradicated at the moment since the applicable punishments fail to achieve their goals, Latvian State Police Chief Ints Kuzis told the LNT morning show "900 sekundes" today, informs LETA.

18.10.2013

Estonia can fish for more Baltic herring and cod in the Baltic Sea

An agreement was reached at the 2014 Baltic Sea fisheries negotiations that ended in Luxembourg that next year, the fishing possibilities of Baltic herring in the open part of the sea and Baltic herring and cod in the Livonian Bay will increase for Estonia, LETA/Public Broadcasting reports.

18.10.2013

Latvian transport companies’ value increases in 2013, banking – on decrease

Transport companies and fuel traders are the leaders among Latvia's 101 most valuable companies this year in terms of growth; on the other hand, several banks and wood industry companies' value has decreased as compared with 2012, informs LETA/Nozare.lv.

18.10.2013

Grauziniene: Lithuania can’t continue the suspension of the land sale to foreigners

According to Lithuania's Speaker of the Seimas Loreta Grauziniene, Lithuania was at the end of its resources and could not continue the suspension of the land sale to foreigners. Grauziniene highlighted that Lithuania's try to suspend this process could end in the serious juridical outcomes, informs LETA/ELTA.

18.10.2013

Aboltina: Uzbekistan is Latvia's key partner in Central Asia

Uzbekistan is Latvia's key cooperation partner in Central Asia, which is proved by not only the political dialog between the two countries, but also by active exchange of official visits, Saeima Chairwoman Solvita Aboltina (Unity) stressed during a meeting with the visiting Uzbek President Islam Karimov on Thursday, informs LETA.

18.10.2013

Grybauskaite congratulates Lithuania's Eksma with 30th anniversary

Lithuania's President Dalia Grybauskaite congratulated the community of the Lithuania's company Eksma which was celebrating the anniversary of the 30 years, informs LETA/ELTA.

18.10.2013

Liviko celebrates 100 millionth bottle of legendary Vana Tallinn liqueur

Estonian strong alcohol producer Liviko festively produced the 100 millionth bottle of the legendary Vana Tallinn liqueur on Thursday, LETA/Postimees Online reports.

18.10.2013

Food and Veterinary Service: Japan's market could open for Lithuania

On Thursday, Director of the State Food and Veterinary Service (VMVT) Jonas Milius received the Deputy Japan's Ambassador Shinichi Yamanaka. During the meeting, the issues related to the opportunities of the bilateral cooperation and the perspectives in the sphere of the export of the meat products were being discussed, informs LETA/ELTA.


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