Baltika reaches profits for the first time in 4 years

Estonian fashion and retail company Baltika posted a profit of 805,000 euros in 2012, after four years of losses, LETA/Postimees Online reports. The fourth quarter of last year was a strong one for Baltika as the company posted a pre-tax profit of 1.29 million euros and net profit of 1.075 million euros.... Read more...