Month: July 2020

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Baltika Group ended the second quarter with a net profit of 3,965 thousand euros, which includes operating income in amount of 4,620 thousand euros connected with restructuring of creditors’ claims in accordance to the restructuring plan approved on 19 June 2020 and the reversal of the impairment of the right to use the property arising from the lease agreements for the production buildings in the amount of 1,320 thousand euros, which was formed in the end of 2019. The loss for the same period last year was 616 thousand euros. The recurring financial results of the second quarter have been strongly affected by the global COVID-19 pandemic. In the second quarter, COVID-19 had the strongest impact on Baltika Group’s operations in Estonia, where stores were opened by a government decision on 11 May, in Lithuania from 25 April...

Baltika Grupp lõpetas teise kvartali 3 965 tuhande euro suuruse puhaskasumiga, mis sisaldab 4 620 tuhande euro ulatuses 19. juunil 2020 kinnitatud saneerimiskavast tulenevat võlausaldajate nõuete ümberkujundamisest tekkinud äritulu  ja 1 320 tuhande euro ulatuses 2019. a lõpu seisuga moodustatud tootmishoonete rendilepingutest tuleneva vara kasutusõiguse allahindluse tagasi keeramist. Eelmise aasta sama perioodi kahjum oli 616 tuhat eurot. Teise kvartali regulaarsed majandustulemused on tugevalt mõjutatud ülemaailmsest COVID-19 pandeemiast. Kõige teravamalt avaldas COVID-19 teises kvartalis mõju Baltika Grupi tegevusele Eestis, kus valitsuse otsusega avati poed 11. mail, Leedus avati poed 25. aprillist ja Lätis olid kuni 11. maini kauplused avatud lühendatud tööajaga nädala sees ja suletud nädalavahetusel.Grupi teise kvartali müügitulu...

Sentiments over the resumption of coronavirus cases all over the globe might possibly hinder the reopening of the world’s biggest economy which reflects on today’s market trading. The Dow and S&P 500 slid a bit; treasuries fell together with oil prices. Walgreens triggered the Dow’s drop on this day’s trading session with 7.76% loss, but Nasdaq Composite remained strong and hit another record high after Tech giants Microsoft and Amazon rose again 0.70% and 3.29%, respectively. Gold on the other side surge and expected to increase more on the coming days as investors are looking for more safer place to save their investments. Here are the main movements in Stock Market this Thursday; Stocks– The Dow Jones Industrial Average fell 361.19 points or 1.39%, to 25,706.09.– The S&P 500 slid a bit by 0.56% to 3,152.05.–...

San Francisco, California, USA., July 15, 2020 — US Capital Global Securities LLC, an affiliate of US Capital Global, is increasing its convertible note offering for EQITrade Limited (“EQITrade”) to $2 million, in response to sustained interest in the opportunity, which led to the initial offering being over-subscribed. EQITrade’s subsidiary, EQIBank Limited (“EQIBank”), is aleading digital bank for businesses and high-net-worth individuals, providing 24/7 cloud-based banking in multiple currencies to 180 countries and territories, and unlike its competitors, its services are offshore and tax-exempt. Combining a low-cost global banking network with real time insights, EQIBank provides multi-channel and scalable core platforms offering streamlined on-boarding, simple user interfaces, and end-to-end solutions with a strong focus on...

MIAMI (July 13, 2020) – Nationally recognized public accounting and advisory firm, MBAF, is proud to announce that Wolfgang Pinther, director of marketing, has been elected to the Greater Miami Chamber of Commerce (GMCC) Board of Directors for the 2020-2021 term. Pinther will chair the Membership and Marketing Committee. In his prior term, Pinther served as vice-chair of the Committee. Pinther was officially reappointed to the board during a virtual General Session meeting on June 30. As a board member, Pinther will continue to drive the Chamber’s mission to be “The Voice of Business in South Florida.” The leadership of the GMCC is comprised of a distinguished group of member volunteers representing businesses of all sizes from a broad range of industries. “It’s amazing to see the contributions and impact that Wolfgang has made not just...

With universal ERP connectivity a common strength, the pairing of Cashforce’s strength in cash forecast modelling and working capital analytics together with TIS’ global bank connectivity and payment capability provides corporations a highly flexible solution to adapt to treasury’s changing needs. “We are very pleased to form this partnership with TIS,” said Nicolas Christiaen, CEO of Cashforce. “Cashforce is unique given its ability to combine working capital analytics with sophisticated (AI-powered) cash forecasting. Partnering with TIS compliments our best of breed approach. The end-to-end solution of our combined products provides a seamless experience from the discovery phase, through implementation to support; exactly the level of integration our clients and prospects are looking for.” Joerg Wiemer, CEO and co-founder of TIS, is...

MADRID, Spain, July 17, 2020 (GLOBE NEWSWIRE) — Workday (NASDAQ:WDAY), líder en aplicaciones empresariales para finanzas y recursos humanos vuelve a liderar por cuarto año consecutivo el Cuadrante Mágico de Gartner de Soluciones Cloud de Gestión Financiera para empresas medianas, grandes y multinacionales[1].

AMSTERDAM, July 17, 2020 (GLOBE NEWSWIRE) — Workday (NASDAQ:WDAY), toonaangevend leverancier van enterprise cloudapplicaties voor finance en human resources, maakt vandaag bekend dat het door Gartner in het Leaders-quadrant is gepositioneerd in het Magic Quadrant voor Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises*, en dat voor het vierde jaar op rij.Bedrijven hebben nu meer dan ooit een betrouwbare partner nodig om door deze onzekere tijden te navigeren, bedrijfskritische activiteiten te ondersteunen en de bedrijfscontinuïteit zeker te stellen. Daardoor kiezen finance-leiders voor Workday, dat hen één systeem biedt voor planning, uitvoering en analyse. Workday blijft investeren in zijn belangrijkste financiële totaalpakket, Workday Financial Management, dat door meer dan 900 klanten, waaronder...

STOCKHOLM, Sweden, July 17, 2020 (GLOBE NEWSWIRE) — Workday (NASDAQ:WDAY), ledande inom molnapplikationer för företag för ekonomi och HR, meddelar idag att de med sin molnlösning inom Cloud Core Financial Management Suites för medelstora, stora och globala företag, har positionerats som ledare av Gartner Inc och deras Magic Quadrant för 20201, för fjärde året i rad.Idag, mer än någonsin tidigare, behöver företag en pålitlig partner för att kunna navigera i osäkra tider, stödja uppdragskritiska uppgifter och säkerställa kontinuitet. Därför vänder sig framstående ekonomer till Workday för att få hjälp med planering, genomförande och analys i ett och samma system. Workday fortsätter att bygga ut och investera i sitt huvudsakliga finansiella erbjudande, Workday Financial Management, som används av över 900 kunder inklusive Aon, Brown...