Latvia

Signet Bank Group closes 2024 with dynamic growth, increases operating income by 56%

March 12, 2025

In 2024, Signet Bank Group (further – the Group) continued its rapid development, expanding its activities in the corporate and capital market financing segments, as well as making strategic acquisitions. [..]

Latvia

Rietumu Banka posts profit figures

March 4, 2025

Latvia’s Rietumu Banka has released figures to show that it earned a profit of EUR 12.923 million in 2024, which was 2.2% more than in 2003. The Rietumu Banka Group [..]

Latvia

Eleving Group posts results data

February 19, 2025

Eleving Group is a Baltic-based but global provider of vehicle and consumer financing, and it has set a target of an annual increase by 19-20% in its net portfolio and [..]

Lithuania

Lithuania’s Novaturas Group sees revenue drop 7 pct to EUR 130 mln in Jan-Aug

September 13, 2024

The group of Novaturas, the leading tour operator in the Baltic countries, posted 129.5 million euros in revenue for January-August, a drop of 7 percent from 139.6 million euros a [..]

Lithuania

Rimi Lithuania H1 revenue up 5.4 pct to EUR 230 mln

August 18, 2024

Rimi Lietuva, one of Lithuania’s biggest supermarket chains, posted a 5.4 percent annual increase in revenue to 230.3 million euros, excluding VAT, for the first half of this year. In [..]

Lithuania

Lithuania’s Vilvi Group lifts Jan-Jul sales 15 pct to EUR 137 mln

August 13, 2024

Vilvi Group, a leading Lithuanian dairy group, said on Monday that its revenue for January-July rose by 15 percent year-on-year to 137.36 million euros. Monthly revenue in July surged by [..]

Latvia

Turnover of Getlini Eko down 0.5% in H1

August 12, 2024

Getlini Eko, the operator of Getlini landfill, turned over EUR 24.309 million in January-June, which is 0.5 percent less than in the same period last year, while the company’s profit [..]

Lithuania

Olympic Casino boosts 2023 profit as online gambling market expands

June 5, 2024

Olympic Casino Group Baltija, a Lithuanian gambling company, saw its net profit rise 35 percent to 6.9 million euros last year, from 5.1 million euros in 2022, as the online [..]

Latvia

Getlini Eko turnover down 3.3% in January-September

November 10, 2023

Getlini Eko, the operator of Getlini landfill, turned over EUR 36.602 million in January-September, which is 3.3 percent less than in the same period last year, while the company’s profit [..]