Lithuanian national rail company Lithuanian Railways cargo volume increased by 20.2% y/y in Q1 and amounted to 11.8mn tons, Statistics Lithuania announced. International cargo amounted to 9.3mn tons and increased by 35.7% y/y. Domestic cargo volumes contracted by 14.6% y/y and amounted to 2.6mn tons in Q1. In March alone cargo volume amounted to 3.9mn tons, which indicates 20.0% y/y increase. In m/m terms cargo volume increased by 0.4% m/m in March. |
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