Date: 27.02.2019.

International Internet Magazine. Baltic States news & analytics Monday, 22.07.2019, 19:30

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A Spanish company wins the first Rail Baltica mainline design tender

A Spanish company wins the first Rail Baltica mainline design tender

27.02.2019

On 25 February, RB Rail AS procurement commission for the competition “Design and design supervision services for the construction of the new line from Pärnu to Rapla” announced the winner – a Spanish company IDOM Consulting, Engineering, Architecture, S.A.U. This procurement process was the first out of seven procurements carried by RB Rail AS to commence the design works on the main line of Rail Baltica, informed RB Rail representative.

Keyword tags: Baltic, Construction, Estonia, EU – Baltic States, Railways, Transport



Monetary growth in Latvia remains moderately positive

Monetary growth in Latvia remains moderately positive

27.02.2019

January is relatively often characterised by lower monetary growth in comparison with the high seasonal activity observed at the turn of the year.

Iceland to adopt Estonia's X-Road platform

Iceland to adopt Estonia's X-Road platform

27.02.2019

Iceland is to adopt the high-security X-Road data exchange layer developed in Estonia for national data exchange, informed LETA/BNS.


Estonia putting EUR 10 mln in fund for hi-tech investment

Estonia putting EUR 10 mln in fund for hi-tech investment

27.02.2019

The Estonian Ministry of Economic Affairs and Communications, Kredex and SmartCap have signed an agreement on the subscription of units in Early Fund II for the investment of 10 mln euros in hi-tech companies, reported LETA/BNS.

SEB loans EUR 10 mln to Intersurgical for warehouse construction in Lithuania's Pabrade

SEB loans EUR 10 mln to Intersurgical for warehouse construction in Lithuania's Pabrade

27.02.2019

EB Bankas is providing a 10-million-euro loan to Intersurgical to help the international medical device manufacturer finance its 22-million-euro project for building a new disposable breathing system warehouse in the eastern Lithuanian town of Pabrade, reported LETA/BNS.


27.02.2019

Estonia: Laesti to wind up sawmilling business in Parnu County

The Swedish company Bergs Timber, which acquired the sawmilling company Laesti in Estonia last year, is about to close the Savi sawmill in Parnu county as part of the rearrangements and to cut some 50 jobs, reported LETA/BNS.

27.02.2019

FY profit of Tallinna Sadam drops to EUR 24.4 mln due to income tax

The revenue of listed Estonian port company AS Tallinna Sadam grew 7.7 % year on year to 130.6 mln euros in 2018, while net profit dropped 7.6% to 24.4 mln euros as a result of income tax paid on a record high dividend, informed LETA/BNS.

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