The Baltics Today

Ekspress Grupp reports 30% increase in profit for 2014

Estonian media company AS Ekspress Grupp announced that the year 2014 was a successful year for it: in year-on-year comparison, the consolidated EBITDA of the group increased by 22% to almost EUR 9 million and consolidated net profit was 30% higher and amounted to EUR 4.6 million, informs LETA.

635 strikes took place in Lithuania in 15 years

78 strikes were organised in Lithuania in November and December 2014. 45 of them were warning strikes. Based on the data of Statistics Lithuania, strikes were staged by pre-school, primary, secondary, sports, recreational and cultural education establishments, informs LETA/ELTA.

BTA in Latvia racks up EUR 178.5 mln in gross premiums in 2014

In 2014, BTA Insurance Company (BTA) collected EUR 178.5 million in gross premiums, which is EUR 18.5 million or 11.6% more than in 2013, according to BTA's unaudited financial statement, cites LETA.

Tallink and Meyer Turku signed contract for new generation LNG powered fast ferry

Estonia's biggest passenger shipping company AS Tallink Grupp and Meyer Turku Oy signed a contract for the construction of the LNG powered fast ferry for Tallinn-Helsinki route shuttle operations, Tallink announced LETA.

Estonian Baltika posts a 1.26 mln euro loss in 2014

Estonian fashion and retail company AS Baltika ended the year 2014 with a 1.26 million euro loss but the loss was generated manly by operations discontinued by now, LETA/Public Broadcasting reports.

Trasta komercbanka concludes the year 2014 with EUR 9.79 losses due to situation in Ukraine

The Latvian commercial bank Trasta komercbanka concluded 2014 with losses in the amount of EUR 9.79 million, informs LETA.