International Internet Magazine. Baltic States news & analytics
Friday, 26.04.2024, 23:25
EU Commission launches additional set of actions to help limit spread of coronavirus
28.10.2020The European Commission on Wednesday launched an additional set of actions to help limit the spread of the coronavirus, save lives and strengthen the internal market's resilience, informs LETA/BNS.
Keyword tags: Covid-19, EU – Baltic States, Legislation, Security, Transport
Shareholders decide to sell controlling stake in Valmieras Stikla Skiedra to Luxembourg's investment fund
28.10.2020Shareholders have decided to sell a controlling 83.14% stake in Latvia's Valmieras Stikla Skiedra fiberglass producer to Luxembourg's alternative investment fund Duke I S.à r.l. (Duke), according to the Latvian company's statement to Nasdaq Riga, writes LETA.
Lithuania limits attendance at sports, culture events, bans other big gatherings
28.10.2020Lithuania has set attendance limits for sporting and culture events and banned all other big gatherings as of Friday, October 30th, as part of efforts to contain the spread of the coronavirus, informs LETA/BNS.
EIB supports ALTUM to help Latvian businesses
28.10.2020EUR 130 mln in financing to support ALTUM’s measures to help Latvian businesses cope with the economic consequences of the Covid-outbreak. Signed in early July, so far more than 470 Latvian businesses have been supported with various measures, including lower interest rates and longer repayment horizons.
15.5% Latvian enterprises selling goods or services over the Internet
28.10.2020Results of the Central Statistical Bureau (CSB) annual survey on the use of information and communication technologies (ICT) in enterprises show that 99.9 % of Latvian enterprises (1) used internet at the beginning of 2020, and 62.6 % of enterprises had their own website, of which 94.1 % of large enterprises, 81 % of medium-sized enterprises and 58.4 % of small enterprises (2).
Court releases Tallinna Sadam ex-exec Allan Kiil from further trial
The Tallinn-based Harju County Court on Wednesday ruled to release Allan Kiil, former board member of port company Tallinn Sadam on trial on corruption charges, from further trial on the grounds that the accused is irremediably ill, informs LETA/BNS.
Earnings of Harju Elekter jumped almost 90% in January-September
The consolidated net profit of listed Estonian electrical equipment manufacturer Harju Elekter in the third quarter of 2020 totaled 1.7 million euros, being bigger by 28.4% than in the same period in 2019, while consolidated net profit for the first nine months of the year surged 88.9% to close to 4.4 million euros, informs LETA/BNS.
«The Baltic Course» Is Sold and Stays in Business!
