Date: 12.04.2017.

International Internet Magazine. Baltic States news & analytics Tuesday, 25.07.2017, 23:48

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Maxima store collapse in Latvia not covered under insurance policy - Ergo

Maxima store collapse in Latvia not covered under insurance policy - Ergo

12.04.2017

Maxima Latvija, a subsidiary of the retail group Maxima Grupe, and Tineo, the owner of the Riga shopping center that housed the collapsed Maxima store, are suing Ergo Insurance over its refusal to pay a claim worth 5.34 mln euros, but the insurer says that the event was not covered under the insurance policy, writes LETA.

Keyword tags: Baltic, Financial Services, Insurance, Latvia, Lithuania



China is one of Latvia’s priority target markets in far tourism

China is one of Latvia’s priority target markets in far tourism

12.04.2017

Latvian food producers have already earned recognition in the Chinese market, there are good cooperation perspectives also in pharmacy, timber processing and tourism, therefore China is one of Latvia’s priority target markets in far tourism, said Latvian President Raimonds Vejonis during his meeting with Zhang Dejiang, chairman of the Standing Committee of the National People's Congress or the Chinese parliament, today reports LETA.

Latvia`s tax reform to leave more money in people's pockets

Latvia`s tax reform to leave more money in people's pockets

12.04.2017

The planned implementation of Latvia’s medium-term tax strategy will leave people with more money in their pockets, representatives of entrepreneurs’ organizations said at a press conference on the tax strategy and its long-term benefits, writes LETA.


Baltic synchronization discussed in Brussels

Baltic synchronization discussed in Brussels

12.04.2017

A key step should be taken in the synchronization of the electricity networks of the three Baltic states with Western Europe, which is one of the most important energy projects of the past decade. Members of the Baltic Energy Market Interconnection Plan (BEMIP) should discuss the study conducted by the European Commission's Joint Research Center to decide on the connection of the Baltic and Western European grids, reports LETA/BNS.

Rietumu FinTech Club: “Brexit Will Allow Small Countries to Attract FinTech Companies”

Rietumu FinTech Club: “Brexit Will Allow Small Countries to Attract FinTech Companies”

12.04.2017

At the end of the last week a regular, the third in succession, discussion meeting in the club format took place within the framework of collaboration of Rietumu Bank with the Latvian association of startups Startin.LV and TechHub Riga.


12.04.2017

Taxify expands to Azerbaijan and Malta

The Estonian taxi-hailing and ridesharing app Taxify has launched in Azerbaijan's capital Baku and Malta, reports LETA/BNS.

12.04.2017

Construction of Latvian pavilion for Astana Expo 2017 begins in Kazakhstan

Construction of the Latvian pavilion for Astana Expo 2017, an international trade fair to be held in the Kazakh capital this year, will begin this week, Janis Endzins, the board chairman of the Latvian Chamber of Commerce and Industry, said at the meeting of the Latvian Ports, Transit and Logistics Council today.

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