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Company briefs - 2006-02-15

Feb 15, 2006

Latvia's largest brewery, Aldaris, received a license for making beer under the Carlsberg brand, a move which will allow the company to increase output by 10 percent. Aldaris will make Carlsberg beer for the Latvian and Estonian markets, taking over for the Lithuanian brewery Svyturys, which has been producing Carlsberg since 2000 and will continue for the Lithuanian market. Aldaris representative Inara Sura was quoted as saying that in 2006 the company made some 5 million liters of Carlsberg, which last year was the most popular international brand in Latvia, with 1.8 percent of the domestic beer market.





Latvenergo Telecommunications, a branch of the state-owned utility, will start offering high-speed Internet access, online TV and voice telephony this April. Latvenergo spokesman Andris Siksnis said that initially these services would be available to residents of multi-apartment buildings in Riga and the surrounding areas, as well as other larger towns. Internet access and voice telephony services will be provided by Latvenergo itself, and the company will pick the online TV provider next month. Latvenergo Telekomunikacijas provides telecommunications services to companies in Latvia and the Baltic states.





Sweden's Boras Wafveri, owner of the Kreenholm textile company in Narva, announced plans to transfer the production of its subsidiary, Svensk Konstsilke, to Estonia. According to the Swedish daily Dagens Nyheter, Boras Wafveri sold the production buildings in which Svensk Konstsilke currently operates. The firm earned 10 million Swedish kronor from the deal, with which it hopes to cover the cost of relocation.
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