Baltics subsidiary of the Italian banking group UniCredit recorded net profit of EUR 0.5mn in Q2. In Q2/11 the net profit stood at LTL 2.3mn. Loans portfolio of the bank in the Baltic States stood at EUR 612.9mn as of end-Q2, down by 6% y/y. Deposits portfolio of the UniCredit Baltics amounted to EUR 312.9mn, down by 7% y/y. UniCredit has 8 offices in the Baltic States, same amount as a year ago. |
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