International Internet Magazine. Baltic States news & analytics
Friday, 28.02.2020, 13:04
Arcers to reconstruct Adazi military base's garage complex
31.01.2017Company Arcers will reconstruct the Adazi military base's garage complex for EUR 27,146,515; after reconstruction the complex will be used for the parking and maintenance of the National Armed Forces and NATO armored vehicles, reports LETA/BNS.
Keyword tags: Construction, EU – Baltic States, Real Estate, Security
Conditions provided for market participants to prepare for new mortgage credit market regulation
31.01.2017With updating the Responsible Lending Regulations, the Bank of Lithuania has finished adoption of secondary legislation within its area of regulation, necessary for the implementation of the provisions of the Law on Credit Relating to Real Property, to come into force as of 1 July 2017. This Law transposes into Lithuanian law the so-called Mortgage Credit Directive, which regulates the procedure for the provision of mortgage credit and credit involving real property collateral, as well as protection of credit taking parties.
Latvia's Reverta distressed asset manager paid EUR 59.89 million for issued debt securities in 2016
31.01.2017Latvia's Reverta distressed asset manager last year paid EUR 59.89 mln for the issued debt securities and the actual remaining principle of the debt securities at the end of 2016 was EUR 384.6 mln .
Hanzas Maiznicas recalls batch of sliced bread over suspected contamination
31.01.2017Latvian bakery Hanzas Maiznicas has recalled a batch of sliced rye bread, Rudzu Rikas, in the 330-gram packaging over suspicions that the batch may be contaminated with a piece of metal broken off the production equipment.
State does not own the rights to 973 soviet films shot at Riga Film Studio
31.01.2017The state of Latvia does not own the rights to 973 soviet films shot at the Riga Film Studio from 1964 to May 4, 1990, the Supreme Court ruled today, writes LETA.
Rail Baltic demonstrates Baltic cooperation ability
According to the prime ministers of the three Baltic countries the European Union has not given signals that the funding of Rail Baltic might change in the future, and according to the heads of government the project is important and demonstrates to the whole Europe that Baltic states are capable of carrying out large-scale projects, writes LETA/BNS.
Lithuania's ESO shortens electricity, gas installation by quarter
ithuania's electricity and natural gas distribution company Energijos Skirstymo Operatorius (Energy Distribution Operator, or ESO ) operated by Lietuvos Energija (Lithuanian Energy) last year reduced the time of installation of electricity and natural gas for residents and businesses by about a fourth, writes LETA/BNS.
“Smart growth” and wellbeing: challenges for the Baltics 
