Date: 18.03.2019.

International Internet Magazine. Baltic States news & analytics Monday, 22.07.2019, 07:12

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Hololei: China must act in accordance with EU rules in Helsinki tunnel project

Hololei: China must act in accordance with EU rules in Helsinki tunnel project

18.03.2019

Henrik Hololei, director-general for mobility and transport at the European Commission, has expressed skepticism as regards the Tallinn-Helsinki tunnel project led by Finnish businessman Peter Vesterbacka, while also pointing out that the Chinese investors ready to finance Vesterbacka's plan must act in accordance with European Union (EU) rules, writes LETA/BNS.

Keyword tags: China, Construction, Estonia, EU – Baltic States, Investments, Transport



Last year saw the highest remuneration rise in post-crisis period

Last year saw the highest remuneration rise in post-crisis period

18.03.2019

According to data published by the Central Statistical Bureau, the average gross wage for full-time job grew by 8.4%, reaching 1004 euro in Latvia in 2018, and is close to the forecasts of the Macroeconomic Developments Report of December.

UK-owned Earthport Payment Services gets license in Lithuania

UK-owned Earthport Payment Services gets license in Lithuania

18.03.2019

The Board of the Bank of Lithuania has issued a payment institution licence to Earthport Payment Services, UAB, informed Bank of Lithuania.


airBaltic carries 14% more passengers in-February

airBaltic carries 14% more passengers in-February

18.03.2019

Latvian airline airBaltic in February 2019 has transported 245 349 passengers or 14% more than last year to its network spanning Europe, Scandinavia, Russia, CIS and the Middle East.

Eesti Energia gets almost half of Estonian renewable energy subsidy in February

Eesti Energia gets almost half of Estonian renewable energy subsidy in February

18.03.2019

Estonian transmission system operator (TSO) Elering paid out altogether 8.9 million euros in renewable energy support and high-efficiency cogeneration support in February, almost half of which went to Eesti Energia group subsidiaries Enefit Green and Nelja Energia, informed LETA/BNS.


18.03.2019

Kesko Senukai invests EUR 1.5 mln in renovation of store in Riga

Kesko Senukai Latvia has invested about EUR 1.5 million in renovation of its store on Maskavas Street, and will soon open a new concept specialized construction materials store for professionals, called Procenter, the company’s marketing head Aida Smits reported.

18.03.2019

In 2018, number of job vacancies in Latvia rose by 5.7 thousand or 33.4%

Data of Central Statistical Bureau (CSB) show that in 2018 there were 22.7 thousand job vacancies in Latvia, which is 5.7 thousand vacancies or 33.4 % more than in 2017.

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