Date: 04.07.2019.

International Internet Magazine. Baltic States news & analytics Thursday, 18.07.2019, 20:55

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Detained Russian ship to be auctioned off in Lithuania

Detained Russian ship to be auctioned off in Lithuania

04.07.2019

A detained ship belonging to a Russian company is set to be auctioned off in Lithuania after standing in the port of Klaipeda for the past couple of years

Keyword tags: Lithuania, Port, Russia, Transport



Latvia`s Babbit wins international recognition in a competition in Copenhagen

Latvia`s Babbit wins international recognition in a competition in Copenhagen

04.07.2019

From 1-2 July, Copenhagen hosted the Global Finals of the international competition Creative Business Cup 2019 (CBC). Among the representatives of 63 countries competing for the title of the most creative start-up company in the world and the main cash prize was the winner of Latvia’s CBC national competition – Babbit, innovative music playing hardware for kids with a screen free solution. Although Latvia did not make into the final, the company attained international recognition and feedback that will help it to enter the global market, informed Magnetic Latvia representative.

Financial and insurance enterprises reduced foreign direct investment in Lithuania

Financial and insurance enterprises reduced foreign direct investment in Lithuania

04.07.2019

Statistics Lithuania and the Bank of Lithuania publish provisional data on direct investment for I quarter 2019.


Monese starts cooperation with PayPal

Monese starts cooperation with PayPal

04.07.2019

Monese, a mobile-only current account provider of Estonian origin, started cooperation with PayPal on Thursday, informed LETA/BNS.

Latvian authorities have failed to prevent laundering of millions of US dollars - Hermitage Capital Management

Latvian authorities have failed to prevent laundering of millions of US dollars - Hermitage Capital Management

04.07.2019

Bill Browder, co-founder and head of the investment company Hermitage Capital Management, believes that the Latvian authorities have failed to prevent the laundering of millions of US dollars through banks registered in Latvia, according to a copy of Hermitage Capital Management's letter obtained by LETA.


04.07.2019

Estonia: Drunk driving of electric scooters prohibited

Following a traffic accident involving an electric scooter in Tallinn on Wednesday, Karin Kase, spokesperson for the Estonian electric scooter rental service operator Bolt, said that using a scooter while intoxicated is prohibited,reported LETA/BNS.

04.07.2019

Ericsson introduces 5G technology at Tallinn plant

Ericsson and Nordic-based service provider Telia have brought automated guided vehicles, Augmented Reality (AR), and a huge number of sensors to life at Ericsson's manufacturing facility in Tallinn via a dedicated cellular network, writes LETA/BNS.

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