According to companys announcement, Latvijas Gaze (Latvian Gas) reported a net profit of LVL 26.5mn (EUR 37.7mn) in 2010. This made a 35% y/y increase. Net profit increase was attributed to increased demand for natural gas transportation and storage services by foreign countries and growth in domestic sales of natural gas. LG sales went up by 7.2% y/y to LVL 353mn. Latvijas G?ze is granted state monopoly on export, storage and sales of natural gas. |
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