Sweden-based retailer ICA, in which Dutch retail giant Ahold owns a majority stake, has reported higher half-year profits. ICA, which has stores in Sweden, Norway and in the Baltic, booked net income of SEK776m (US$117.2m), up from ...
Tags: Retailer ICA, earnings rise, majority stake
Finnish food group Raisio is to cut jobs in its domestic market as reshapes the business to lower costs and make it more efficient. The company said the streamlining would affect 56 staff. Raisio's domestic consumer foods business will ...
Tags: jobs, food group, food
Ahold today (4 September) admitted it is weighing up the options for its stake in ICA, the Sweden-based retailer. The Dutch retail giant owns 60% of ICA, which has stores in Sweden, Norway and the Baltic states. Ahold said it wanted to ...
Tags: Ahold, food retailer, food, food industry
Demand for protective coatings in the European Union has been weakened by the downturn in EU manufacturing due to the euro crisis. But there is a protective coatings segment—coatings for oil and gas pipeline—further east in ...
Tags: protective coatings, EU, euro crisis, coatings for oil and gas pipeline
Gazprom may start providing the UK with gas via the Nord Stream Pipeline in 2016. Russia and the UK have already started discussing the initiative. Nord Stream runs under the Baltic Sea from Russia's Vyborg to Germany's Greifswald to ...
Tags: Gas, Nord Stream, Pipeline
Russia's first-ever international intimate wear trade fair'Lingerie Expo'will take place in Moscow from February 5 to 8,2013. The complete B2B event would act as a networking hub for leading innerwear ...
Tags: international intimate wear trade, B2B, beachwear, swimwear
Led by the governor of Sweden's Östergötland Province, Sweden, Finland and Estonia, the Nordic and Baltic joint delegation held “ the Nordic - Jiangsu enterprises approached event” in Mar 22 in Nanjing Jinling Hotel ...
Tags: approached event
Turkmenistan would host the second international exhibition-fair of cotton products in Sergi Kosgi exhibition palace in Ashgabat on November 24 and 25, the state agency for cotton, Turkmenpagta, has announced. The exhibition would be ...
Tags: cotton fair, cotton products, cotton industry, cotton market
Although cotton harvesting campaign is still in progress, over one million tons of raw cotton has already reached Turkmen procurement centres by now, Turkmen Dovlet Khabarlary, the state news service reported Turkmen Agricultural Ministry ...
Tags: raw cotton, cotton harvesting, cotton output
Turkmenistan President Gurbanguly Berdymukhamedov has asked farmers to speed up the process of cotton harvesting, so it gets completed in time and without loss. Cotton harvesting, which began in late August, is slated to continue till ...
Tags: cotton harvesting, cotton producing, cotton industry, cotton market
The 18th ‘Fashion & Textile Exhibition 2013’, considered the most important event for the textile industry in the Baltics, will be held in Riga, the capital of the Northern European nation of Latvia, from 19th to 21st April, ...
Tags: textile exhibition, fashion exhibition, textile market, textile industry
At Rautaruukki's Capital Markets Day hosted in Helsinki, the company's management will present their review of the sector and shed light particularly on business opportunities in Russia. With the Fortaco arrangement, Ruukki will in future ...
European carrier-neutral datacentre facility provider Telecity Group has bought Finland-based datacentre operator Academica for €28m (£22.4m). The Academica acquisition provides Telecity with a capacity of 3 megawatts (MW) in ...
Tags: Telecity Group, bought, Academica, carrier-neutral datacentre facility
. Highlights: July - September 2012: • Consolidated revenue was up 5.2 per cent to EUR 485.1 million (EUR 461.3 million). • Operating profit was up 12.5 per cent to EUR 17.1 million (EUR 15.2 million). January - ...
Tags: Stockmann, revenue, profit, grow steadily
The 21st edition of the international apparel and textile fair Baltic Textile + Leather, held at the largest Baltic state of Lithuania's capital Vilnius, was attended by around 200 participants from more than 21countries. The trade ...
Tags: textile fair, Baltic Textile, casual wear