Date: 15.05.2019.

International Internet Magazine. Baltic States news & analytics Monday, 27.05.2019, 04:30

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Lithuania: Smart Energy Fund together with Honda invested in the leading smart battery company Moixa

Lithuania: Smart Energy Fund together with Honda invested in the leading smart battery company Moixa

15.05.2019

Smart Energy Fund powered by Lietuvos Energija (Lithuanian Energy), and managed by Contrarian Ventures along with Honda, Japanese automobile manufacturer, and other partners invested in Moixa, UK-based company developing smart energy storage devices and virtual power plants technologies, informed representative of the Lietuvos energija.

Keyword tags: Energy, EU – Baltic States, Good for Business, Innovations, Investments, Lithuania, Technology



Latvian political party representatives running for EP support increasing national contributions to the EU budget

Latvian political party representatives running for EP support increasing national contributions to the EU budget

15.05.2019

In the European Parliament pre-election debate that took place yesterday at the Riga Graduate School of Law top-level representatives from six Latvian political parties running for election in the European Parliament elections shared their views and outlook towards the main challenges currently faced by the European Union (EU) and their possible solutions. The MEP candidates also emphasized the critical need for Latvian citizens to participate in upcoming elections to ensure effective representation of Latvia's interests at this institution.

Responsible thinking becomes a building block for competitiveness

Responsible thinking becomes a building block for competitiveness

15.05.2019

Two major political events have marked this year’s spring. In April 2019, the European Banking Authority and the European Banking Federation emphasised the willingness of EU supervisors, regulators and banks to move forward on the various challenges related to sustainable finance and engage in a structured dialogue for incorporating sustainability into EU banks' frameworks and risk management.


IKEA starts testing e-trade system in Lithuania

IKEA starts testing e-trade system in Lithuania

15.05.2019

Swedish furniture producer and seller IKEA has started testing an e-trade system. At this stage, registered ikea.lt consumers and members of the IKEA FAMILY loyalty program have the possibility to buy online, according the Verslo Zinios business daily writes LETA/BNS.

FY earnings of Estonian air navigation service co up 10.5% at EUR 6.8 mln

FY earnings of Estonian air navigation service co up 10.5% at EUR 6.8 mln

15.05.2019

The operating revenue of the state-owned Estonian air navigation services provider Lennuliiklusteeninduse AS in 2018 grew 8.6% year over year to 29.3 mln euros and net profit rose 10.5% to 6.8 mln euros, reported LETA/BNS.


15.05.2019

Estonia: Baltic Horizon Fund raises EUR 800,000 in private placement

Baltic Horizon Fund has raised 800,000 euros in a private placement aimed at institutional investors in the Baltic countries, which it plans to use to finance investments into real estate properties.

15.05.2019

Estonia: Nordica due to publish 2018 financials in June

Nordic Aviation Group, the state-owned Estonian carrier operating under the Nordica brand, carried over 2.2 mln passengers in 2018, and the financial results of the company are due to be published in June, spokespeople said BC.

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