Estonian Port of Tallinn council approved long-term strategy which sets a goal of almost doubling revenues to EUR 160mn in 2020, with EUR 80mn pre-tax profit. The company plans to invest EUR 292mn in the following 8 years, with total company’s assets value at EUR 680mn as of end-2020. The strategy estimates for goods volume to increase by 46% comparing to 2012 till end of 2020 to 43.2mn tonnes. Number of passengers in the port would increase by 20.7% from 2012 figures to 10.7mn passengers in 2020.
Lithuania's Siauliu Bankas Group reported €22.5mn in first-quarter net profits, up 17% compared to a year ago, BNS, a Lithuanian newswire, reported on April 29. The group's net interest ... more
Swedbank Lithuania, one of the country's largest Scandinavian banks, said that its first-quarter net profit fell by 15.2% year on year to €84mn, BNS, a Baltic newswire, reported on April ... more
SEB, one of Lithuania's largest banks by assets, earned a non-audited net profit of €74.2mn in January-March, down by 2% from the same period last year, BNS, a Baltic newswire, reported on ... more