LT: Nestle Baltics net loss up to EUR 0.9mn in 2011.

By bne IntelliNews November 16, 2012
Lithuanian subsidiary of Nestle recorded net loss of LTL 3.0mn (EUR 0.9mn), up by a factor of 3.5 y/y from LTL 0.9mn in 2010. Sales revenues of the company grew 65% y/y to LTL 168.1mn in 2011, the company announced. Nestle Baltics is based in Vilnius, but has a representative office in Riga, and a branch in Tallinn. Nestle Baltics is 100% owned by the Swiss multinational group Nestle.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 259

Related Articles

EE: Estonian Air records EUR 49.2mn loss in 2012.

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

LT: Malsena acquires Latvian flour manufacturer Rigas Dzirnavieks.

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

EE: Estonian Air to return excess Embraer airplanes.

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