International Internet Magazine. Baltic States news & analytics
Thursday, 12.12.2019, 14:22
Tomorrow, September 12, transit sector experts from the whole world will arrive in Riga to participate in international conference organized by VAS “Latvijas dzelzceļš” (LDz), “Global Transport Development Challenges” to discuss latest transit industry developments in Europe and the world, as well as to seek and find ways to foster international competitiveness of the transport and transit industry of Latvia and its contribution to the Latvian economy, BC informed LDz representative.
Snaige, the only refrigerator manufacturer in the Baltics, indirectly controlled by Russia's Polair, said on Wednesday its CEO of the past 12 years Gediminas Ceika has stepped down and the company's board appointed its incumbent CFO Mindaugas Sologubas as the new general manager of the company, informed LETA/BNS.
Lithuania's state-run railway company Lietuvos Gelezinkeliai (Lithuanian Railways, LG) is starting repairing Siemens locomotives used by its cargo subsidiary LG Cargo, and LG CEO Mantas Bartuska says the company would also like to get orders for locomotive repairs from Poland, Ukraine and expand its services in Europe this way, informed LETA/BNS.
Eco Baltia Vide and Clean R, two of the current waste management operators, have confirmed their readiness to continue provision of services in Riga, LETA learned from both companies.
The Rimi retail chain is looking to open an online store in Estonia next spring, while the retailer's online shopping platform in Latvia will be launched in October this year, informed Rimi`d representative.
Network equipment manufacturer Mikrotikls last year operated with a turnover of EUR 258.711 mln, up 2.8% y-o-y, while the company's profit increased 1.8 times to EUR 79.349 mln, according to Firmas.lv informed LETA.
Lithuania's national stadium will be built in the country's second-largest city of Kaunas, not in the capital Vilnius, Prime Minister Saulius Skvernelis believes. In his words, if the government, not the Vilnius authorities, had implemented the project, the stadium would have been built already, writes LETA/BNS.