International Internet Magazine. Baltic States news & analytics
Friday, 28.02.2020, 13:04
Company 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
With 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 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 .
Latvian 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.
The 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.
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.
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.