International Internet Magazine. Baltic States news & analytics
Friday, 18.06.2021, 00:36
RB Rail AS has founded branches in Lithuania and Estonia
27.01.2017For successful implementation of the European gauge railway line Rail Baltic/Rail Baltica project its coordinator, the joint venture of the three Baltic States RB Rail AS registered in Latvia, has founded branches in Lithuania and Estonia, companies representative informed BC.
Keyword tags: Baltic, EU – Baltic States, Railways, Transport
Estonia's electricity output grows 15% in 2016
27.01.2017Estonia's electricity output in 2016 totaled 10.42 terawatt-hours, marking an increase of 15% from the previous year, writes LETA/BNS.
Lithuania's ESO borrows EUR 77 mln from SEB bank
27.01.2017Lithuania's electricity and natural gas distribution company Energijos Skirstymo Operatorius (Energy Distribution Operator, or ESO) operated by Lietuvos Energija (Lithuanian Energy) has borrowed 77 million euros from one of the country's largest commercial banks SEB. The money will go towards refinancing of loans and working capital, writes LETA/BNS.
Latvia recalls its participation in European Youth Olympic Winter Festival in Turkey due to security reasons
27.01.2017Considering the emergency situation and unstable security situation in Turkey, the executive committee of the Latvian Olympic Committee (LOK) has decided to recall Latvia's participation in the European Youth Olympic Winter Festival, LOK spokesman Martins Malmeisters reproted LETA.
2nd small LNG carrier expected in Lithuania's Klaipeda
27.01.2017The second small-scale liquefied natural gas (LNG) carrier owned by Scandinavia's gas supplier Skangass should arrive in the Lithuanian port of Klaipeda over the weekend, gas trade company Litgas confirmed to LETA/ BNS.
AmCham Latvia supports openness of higher education systems and participation in international scientific processes
After independence, Latvia has sought to develop towards the western welfare growth direction. We have demonstrated that by joining the European Union and other international organizations working to improve the position in various international ratings. Higher education system should be the country's development, driving force for modernization and openness. By denying opportunity for internationally recognized experts to take positions in higher education management we slow down the development processes and limit opportunities for students.
Changes in money indicators in December mostly seasonal in character
In December, the money indicator dynamic was mostly characterized by changes, seasonally characteristic of the last month of the year – the fastest growth in deposits month-on-month and a small drop in the total loan portfolio. Yet, under the impact of the stable economic environment, the range of these changes was substantially smaller than in December 2015 and the year-on-year rate of growth in deposits dropped in comparison with November while that of loans increased.
On the verge of its 25th anniversary, The Baltic Course leaves business media market