International Internet Magazine. Baltic States news & analytics
Sunday, 28.04.2024, 05:15
The biggest convention center in Baltics accepted into operation in Riga
05.08.2020Convention center Atta Centre, built at the former site of Elkor furniture center in Riga, was accepted into operation earlier this week; the center's total area is 22,700 square meters and it's the biggest in Baltics, as the conference center's representatives told LETA.
Keyword tags: Baltic, Forum, Good for Business, Latvia, Markets and Companies, Real Estate
Latvian company experiences illegal takeover worth tens of millions implemented by NCH Capital
05.08.2020LU Invest SIA – a company belonging to a member of the Paškausks family, who are the owners of the renown Latvian agricultural group Agrolats Holding – has undergone an illegal takeover worth tens of millions of euros implemented by US investment fund NCH Capital (previously known as New Century Holdings) represented by Latvian entrepreneur Kārlis Cerbulis.
City of Tartu, nightclubs agree on principles for curbing coronavirus
05.08.2020Seeking to curb the spread of the coronavirus, the Tartu city government and the city's major nightclubs have agreed on principles of good will, informs LETA/BNS.
Magnetic MRO loss increases 15-fold in Q2
05.08.2020Magnetic MRO, an aviation maintenance company headquartered in Estonia and owned by China's Guangzhou Hangxin Aviation Technology, saw its revenue decrease by approximately a half year-on-year to 12.6 million euros in the second quarter of 2020, however, the company's loss increased more than 15 times to 433,000 euros.
Another Lithuanian-capital company enters Belarusian FEZ
05.08.2020Siberia, a company with Belarusian, Russian and Lithuanian capital, is setting up its business in the Mogilev Free Economic Zone in Belarus, the vz.lt business news website reports, citing the FEZ's press release, writes LETA/BNS.
Reconstruction of Parnu airport starts
Reconstruction works totaling 13.9 million euros in the air traffic area of the airport of the southwestern Estonian resort city Parnu started at the end of July, the regional Parnu Postimees writes, cites LETA/BNS.
British-Estonian startup TaxScouts raises EUR 5.6 mln
TaxScouts, the United Kingdom based tax preparation startup founded by TransferWise and MarketInvoice alumni, has raised 5 million euros in Series A funding for European expansion, reports LETA/BNS.
«The Baltic Course» Is Sold and Stays in Business!
