Oil refinery Orlen Lietuva topped the largest companies in Lithuania ranking, with total revenues of LTL 20.3bn (EUR 5.9bn) in 2011. Second came VP Prekyba group, a retail company, with total revenues of LTL 8.9bn in 2011. Third came Maxima, which controls Maxima retail chain in Lithuania and abroad with total revenues of LTL 7.8bn in 2011. Achema group came fourth with total revenues of LTL 4.1bn in 2011. Visaginas Nuclear Power Plant came fifth with revenues of LTL 2.7bn. Lukoil Baltija came sixth with revenues of LTL 2.4bn. Biggest companies ranking has been published by business daily Verslo Zinios. |
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