International Internet Magazine. Baltic States news & analytics
Wednesday, 19.02.2020, 01:35
Labor shortages dampen business optimism in Latvia - Citadele Index
29.10.2018Business optimism in Latvia is dampened by increasingly serious labor shortages, Citadele Bank’s spokeswoman Ieva Prauline told LETA, citing the latest Citadele Index survey.
Keyword tags: Analytics, Banks, Financial Services, Labour-market, Latvia
Lithuania's Klaipedos Nafta to borrow over EUR 300 mln to buy LNG terminal's vessel
29.10.2018With Lithuania set to purchase the Klaipeda LNG terminal's floating storage and regasification unit (FSRU) by the end of 2024, Klaipedos Nafta, the terminal's operator, plans to borrow up to 308 mln euros in loans backed by state guarantees, informed LETA/BNS.
Riga City Council plans to allot additional EUR 22.5 mln subsidy to Rigas Satiksme transport company
29.10.2018The Riga City Council in this year’s amendments to the budget plans to allocate additional EUR 22.5 mln subsidy to Rigas Satiksme municipal public transport company, Riga City Council lawmaker Vilnis Kirsis told LETA.
Food Union becomes direct owner of Rigas Piensaimnieks dairy company
29.10.2018yprus-registered Food Union Holding (CY) Public Company Limited (Food Union) has become the sole and direct owner of Rigas Piensaimnieks dairy company. Accoridng to Firmas.lv business database reported LETA.
Estonian sauna manufacturer Ha Serve, producer of thermally modified wood Thermory merge
29.10.2018Ha Serv, an Estonia-based sauna materials manufacturer belonging to private equity investment firm Livonia Partners led by investment banker Rain Lohmus, has merged with Thermory AS, manufacturer of thermally modified sauna materials, reported LETA/BNS.
Estonia`s Saaremaa, Latvia's Ventspils preparing procurement for ferry route
Representatives of the Estonian island municipality of Saaremaa met with officials of Latvia's Ventspils free port and the city government to discuss a plan to reactivate the Montu-Ventspils shipping service, informed LETA/BNS.
Draugiem Group sets up Fast Brands Latvia company
Latvian IT enterprise Draugiem Group has established a new company, called Fast Brands Latvia, the group’s representative Janis Palkavnieks told LETA.
European batteries project: opportunities for Baltics 
