Latvia's leading producer of eggs and egg products Balticovo posted net profit of LVL 0.444mn (EUR 632mn) in 2011 dropping y/y vs. net profit of LVL 2.53mn in 2010. Company's turnover last year went up by 9% y/y to LVL 23.3mn. Both company's output increased last year, with 503mn eggs produced (up by 17% y/y) In 2009 Balticovo reported LVL 22.45mn in turnover and LVL 3mn in profit. Balticovo, established in 1993 exports about 70% of its output. |
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