International Internet Magazine. Baltic States news & analytics
Monday, 17.06.2019, 10:45
Smartlynx Airlines Estonia almost triples revenue in 2017
23.03.2018The aircraft wet lease and charter service company Smartlynx Airlines Estonia OU has posted a revenue of 63.5 million euros for 2017, representing an almost threefold increase over 2016, informs LETA/BNS.
Keyword tags: Estonia, EU – Baltic States, Good for Business, Tourism, Transport
Nord Stream 2 sums up results of planning and environmental assessment in Russia
23.03.2018Nord Stream 2 AG, the developer of a pipeline to supply Russian natural gas to the EU market through the Baltic Sea, held a round table on “Nord Stream 2 Approach to Responsible Infrastructure Development in a Sensitive Environment” as part of the 19thBaltic Sea Day international environmental forum. The forum is held annually in St Petersburg with the support of HELCOM (the Baltic Marine Environment Protection Commission - Helsinki Commission) and the Russian Ministry of Natural Resources and the Environment, reported BC Nord Stream's press service.
In February, industrial production decreased by 3.9% in Lithuania
23.03.2018Statistics Lithuania informs that in February 2018, based on provisional data, industrial production totalled EUR 1.6 billion at current prices and, compared to January, seasonally and calendar adjusted, decreased by 3.9% at constant prices (unadjusted – by 7.1%).
The Dwelling Price Index in Estonia increased by 5.5% in 2017
23.03.2018According to Statistics Estonia, the Dwelling Price Index increased by 5.5% in 2017 compared to the average of 2016. In the annual comparison, the prices of apartments increased by 5.4% and the prices of houses by 5.8%.
Ryanair to open route from Vilnius to Kiev
23.03.2018Ireland's budget airline Ryanair will start flying passengers from Vilnius to the Ukrainian capital Kiev at the beginning of November 2018, informs LETA/BNS.
Latvian consumer rights watchdog fines Estonian-owned Sugar Media with EUR 18,700
The Latvian Consumer Rights Protection Center (PTAC) has imposed an EUR 18,700 fine on Sugar Media concert organizer owner by an Estonian businessman, PTAC reported LETA.
Digitization activities important for 8% SMEs in Latvia
Digitization activities this year are important for 8% of the small and medium enterprises (SMEs) that is less the to SMEs in Lithuania and Estonia, said SEB Banka spokesman Martins Panke, citing results of the bank’s survey, cites LETA.
OECD’s review shows Latvian main problems 
