Date: 04.08.2020.

International Internet Magazine. Baltic States news & analytics Tuesday, 22.09.2020, 04:35

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Optics manufacturer Yukon to invest in 'safe' areas in Lithuania

Optics manufacturer Yukon to invest in 'safe' areas in Lithuania

04.08.2020

Yukon Advanced Optics Worldwide, a Lithuanian producer of digital night vision and other optical devices that is owned by Belarusian, Russian and Ukrainian citizens, has founded a new company for investment in undisclosed business areas, informs LETA/BNS.

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



In June, 15.5% Latvian employees worked remotely

In June, 15.5% Latvian employees worked remotely

04.08.2020

As the emergency situation in the country was lifted, the share of employees working remotely reduced. Accordingly results of the Labour Force Survey carried out by the Central Statistical Bureau, in June 2020, 15.5 % (117.1 thousand) of employees aged 15–74 years worked remotely¹, which is 2.7 percentage points (18.8 thousand) less than in May. 70 % of women and 30 % of men were working remotely.

Solar plant to save Lithuania's Neo EUR 50,000 in annual energy costs

Solar plant to save Lithuania's Neo EUR 50,000 in annual energy costs

04.08.2020

Lithuania's PET resin manufacturer Neo Group expects to launch a 1-megawatt solar power plant by the end of the year, expecting to save more than 50,000 euros in annual energy costs, informs LETA/BNS.


Tallink's passenger numbers fell by 50.2% in July y-o-y

Tallink's passenger numbers fell by 50.2% in July y-o-y

04.08.2020

Listed Estonian shipper Tallink Grupp transported a total of 617,206 passengers in July 2020, which is 50.2 percent less than in the same month in 2019, but more than double the amount of passengers transported in the previous month, with more than 280,000 passengers transported in June 2020.

Privat3 registers company in Lithuania

Privat3 registers company in Lithuania

04.08.2020

Reda Bedjaoui, the founder of the fintech firm Privat3, has registered a company in Lithuania under the name of Privat3 Europe, reports LETA/BNS.


04.08.2020

Estonia in 2nd wave of coronavirus

While according to the Estonian Health Board, the current spread of the coronavirus in Estonia constitutes a second wave, the anti-COVID-19 research council advising the government does not quite agree with this assessment, Postimees reports, cites LETA/BNS.

04.08.2020

GIPL: under-Nemunas gas pipeline construction started in Lithuania

The construction of the Lithuanian-Polish gas pipeline (GIPL) under the River Nemunas was started in Lithuania earlier this week, Lithuania's natural gas transmission company Amber Grid said, cites LETA/BNS.

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