Date: 17.11.2017.

International Internet Magazine. Baltic States news & analytics Saturday, 16.12.2017, 03:33

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TNT Lithuania posts EUR 24.2 mln in FY revenue

TNT Lithuania posts EUR 24.2 mln in FY revenue

17.11.2017

Lithuania's urgent parcel company TNT, owned by US parcel company FedEx, posted 24.2 million euros in revenue for the last financial year, netting a profit of 975,000 euros, informs LETA/BNS.

Keyword tags: EU – Baltic States, Lithuania, Logistics, Transport, USA



airBaltic serves over 3 mln passengers during 10 months

airBaltic serves over 3 mln passengers during 10 months

17.11.2017

During the first ten months of 2017 the Latvian airline airBaltic has transported a total of 3 007 034 passengers to its network spanning Europe, Scandinavia, Russia, CIS and the Middle East. In October 2017, the Latvian airline airBaltic carried 319 018 passengers or 26% more than in the same period of 2016. For already the fifth month in a row it has been the biggest number of carried passengers in the airline’s history, informed BC airline’s press service.

Estonian president says would like to see closer cooperation between Europe, Africa

Estonian president says would like to see closer cooperation between Europe, Africa

17.11.2017

The presidents of Estonia and Rwanda, Kersti Kaljulaid and Paul Kagame, in their meeting in Kigali on Thursday evening talked about cooperation between the countries in international organizations and in the digital domain, observing that cooperation between Europe and Africa in digital affairs could be much more intense, informs LETA/BNS.


Ekspress Grupp acquires full holding in Adnet Media

Ekspress Grupp acquires full holding in Adnet Media

17.11.2017

The listed Estonian media holding Ekspress Grupp on November 16th acquired full ownership of UAB Adnet Media after receiving permission from the Lithuanian competition authority, informs LETA/BNS.

Latvia, other EU members abstain in UN vote on Russia’s resolution condemning glorification of nazism

Latvia, other EU members abstain in UN vote on Russia’s resolution condemning glorification of nazism

17.11.2017

The third committee of the UN General Assembly on November 16th adopted Russia’s resolution condemning glorification of nazism, while Latvia and other EU member states abstained in the vote like in previous years, reports LETA/BNS.


17.11.2017

Levikom in Estonia to switch to new network center, basic network

The Estonian telecommunications company Levikom this weekend is to start the first stage of the program to transition to a new network center and high-speed basic network, reports LETA/BNS.

17.11.2017

Output of Kaunas hydro plant up by 25% in 9 months

Lithuania's largest hydro power plant – Kaunas Hydro Power Station operated by state-owned electricity production group Lietuvos Energijos Gamyba (Lithuanian Energy Production, or LEG) – raised its electricity output by nearly one fourth in the first nine months of this year, as compared with the same period of 2016, informs LETA/BNS.

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