Baltic subsidiary of Finnish Atria group recorded revenues of EUR 8.4mn in Q3, down by 6.7% y/y, the company announced. Atria Baltic distributes Atria, Maks & Moorits, Woro, and VK trademarks. EBIT stood at EUR 0.4mn, flat y/y. Sales in Jan-Sep amounted to EUR 25.4mn, down by 3.4% y/y. EBIT in Jan-Sep amounted to EUR 1.3mn, down by 23.5% y/y. The company indicates that results were worse due to growing raw materials prices. |
Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more
Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more
Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more