International Internet Magazine. Baltic States news & analytics
Thursday, 25.04.2024, 00:51
Lithuanian retailers lose EUR 142 mln due to e-trade with third countries
18.06.2020Lithuania's retail sector lost 142 million euros in revenue, or around 1 percent of the total retail turnover, due to residents' trade with third countries, mainly China, a survey by public policy analysis and consultation company ESTEP has revealed, cites LETA/BNS.
Keyword tags: China, EU – Baltic States, Internet, Lithuania, Markets and Companies, Technology
EU grants have increased productivity of Estonian businesses
18.06.2020The business and innovation subsidies provided to Estonian business operators with support from the European Union have increased productivity and employment and have a positive impact on the Estonian economy, it appears from an assessment commissioned by the Ministry of Finance, cites LETA/BNS.
Infectologist: after re-opening of EU's external borders, persons entering the bloc from Russia, the U.S. and South America must certainly undergo self-quarantine
18.06.2020If the external borders of the European Union (EU) were opened in the near future, persons entering from Russia, the United States, South America, as well as other regions would definitely have to go into self-quarantine for 14 days, Uga Dumpis, the chief infectologist of the Ministry of Health, told LETA.
Riga municipal transport company to claim damages from its former executives
18.06.2020Rigas Satiksme municipal transport company is planning to file a damages lawsuit against the company's former management board members, LETA learned.
In May, two times fewer marriages were registered in Latvia y-o-y
18.06.2020Traditionally summer is wedding season and increase in the marriage number may be observed already in May. Data of the Central Statistical Bureau (CSB) show that in May of this year 465 marriages were registered in Latvia, which is 469 marriages or two times fewer than in May of 2019. Drop in the marriage number was caused by the emergency situation announced as of 13 March to limit spread of the COVID-13 virus.
Milrem Robotics awarded 30,6 EUR by the EU Commission to develop a ground system
A consortium led by Milrem Robotics and composed of several major defence, communication and cybersecurity companies and high technology SMEs was awarded 30,6 MEUR from the European Commission’s European Defence Industrial Development Programme (EDIDP) to develop a European standardized unmanned ground system, informed Milrem.
Lithuanian FinMin likens state bank debate to 'Tower of Babel's construction'
Lithuanian Finance Minister Vilius Sapoka on June 18th liked public debate over the establishment of a state-owned bank to "the construction of the Tower of Babel", noting that some want more bank branches in the regions, others want cheaper services, and still others want more loans to businesses and investment in public infrastructure, informs LETA/BNS.
«The Baltic Course» Is Sold and Stays in Business!
