All Baltic Ports aggregated cargo volume amounted to 148.8mn tonnes in Jan-Nov, down by 0.1% y/y. Of all cargo handled by the Baltic ports, 46.5% was handled in Latvian ports, 26.9% in Lithuanian ports, and 26.6% in Estonian ports. In Latvian ports cargo handling increased by 10.5% y/y in Jan-Nov period, to 69.2mn tonnes. In Lithuanian ports cargo handling declined by 4.7% y/y to 40.0mn tonnes. In Estonian ports cargo volumes declined by 10.6% y/y to 39.6mn tonnes. |
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