International Internet Magazine. Baltic States news & analytics
Sunday, 28.04.2024, 13:24
European Commission Approves airBaltic Equity Increase of 250 Million Euro
03.07.2020The European Commission on July 3, 2020, under EU State aid rules, has approved the Latvian government's investment of EUR 250 mln into the equity of the Latvian airline airBaltic to contribute to overcome the economic crisis caused by COVID-19 and resume growth.
Keyword tags: Airport, EU – Baltic States, Financial Services, Funds, Good for Business, Tourism, Transport
Viking Line to launch cruises from Tallinn to Aland islands
03.07.2020Finnish shipper Viking Line's vessel Gabriella is to start cruises from Tallinn to Aland islands three days a week in July 2020, reports LETA/BNS.
Market share of illicit cigarettes lowest in decade in Estonia
03.07.2020A study by the Estonian Institute of Economic Research (EKI) shows that illegal cigarettes accounted for 12-15% of the total volume of the domestic cigarette market in 2019, marking the lowest level in the past 10 years, cites LETA/BNS.
Foreigners from Sweden, Luxembourg, Portugal to be banned from entering Lithuania
03.07.2020Foreigners from Sweden, Luxembourg and Portugal will be banned from coming to Lithuania next week, based on the list approved by Lithuanian Health Minister Aurelijus Veryga on July 3rd, reports LETA/BNS.
Latraps turnover increased by 36% in 2019-2020 financial year
03.07.2020According to preliminary data, agricultural cooperative society Latraps' turnover last financial year, which continued from July 1, 2019 to June 30, 2020, amounted to EUR 270 million, which is 36 percent more than in the previous financial year, as Latraps CEO Edgars Ruza told LETA.
Estonia: Swedbank to start providing solar loans
Swedbank starts offering unsecured loans from Friday ranging from 3,000 to 20,000 euros with a maximum duration of 10 years for the purpose of purchasing solar panels, informed LETA/BNS.
Lithuania's Litgrid calls tenders for key synchronization lines with Latvia, Kaliningrad
Lithuania's power transmission system operator Litgrid has called reconstruction tenders for power lines with Latvia and Kaliningrad, key for the synchronization of the Baltic power grinds with that of continental Europe, informed LETA/BNS.
«The Baltic Course» Is Sold and Stays in Business!
