Baltic

International Internet Magazine. Baltic States news & analytics Tuesday, 27.06.2017, 15:05

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 Livonia Partners to buy minority holding in Lithuanian telecom co Cgates

Livonia Partners to buy minority holding in Lithuanian telecom co Cgates

27.06.2017

Livonia Partners, a private equity investment firm based in the Baltics, has partnered up with LHV pension funds and Ambient Sound Investments to buy from Polaris Invest minority shares in the Lithuanian cable television and internet services company Cgates, reports LETA/BNS.

Keyword tags: Baltic, Estonia, Financial Services, Funds, Good for Business, Internet, Lithuania, Mergers and take-overs, Technology, Telecomunications



Kieler Woche draws cruise ships

Kieler Woche draws cruise ships

22.06.2017

The Kieler Woche sailing regatta - the biggest maritime folk festival and sail sport event in northern Europe – is a big draw for cruise ships as well as many other vessels. Between the 17th and the 25th of June Kiel expects visits by a total of fifteen different luxury liners. One particularly special sight for thousands of onlookers was this Wednesday (June 21st.) when Cunard’s “Queen Elizabeth” and P&O’s “Arcadia” berthed side by side at the Ostseekai Cruise Terminal.

Sakret construction materials maker increases production capacity in Estonia

Sakret construction materials maker increases production capacity in Estonia

19.06.2017

Sakret Holdings construction materials producer has increased the production capacity of its Estonian enterprise Sakret OU, hiring additional workers and switching to a two-shift work schedule, LETA was told at the company.


U.S. engagement in the Baltic Region

U.S. engagement in the Baltic Region

15.06.2017

When Estonia, Latvia, Lithuania and Poland requested and received U.S. and NATO military support following Russia’s invasion of Ukraine in 2014, it garnered massive attention – and rightly so. The measured response to Russian aggression, which supplemented on-going training, exercises, and Baltic Air Policing, demonstrated U.S. commitment to the region’s security and stability, and helped to ease the increasing anxiety resulting from Russia’s actions. As important as this was, defense cooperation is but one facet of U.S. engagement in the Baltic region. Equally important are the commercial, scientific, education, and other ties that round out one of the most dynamic sets of relations the United States has anywhere in the world.

Estonia's Nelja Energia opens its first CHP plant and pellet factory in Latvia

Estonia's Nelja Energia opens its first CHP plant and pellet factory in Latvia

15.06.2017

Estonia's Nelja Energia, which operates also under the brand name of 4 Energia, today opened its first cogeneration (CHP) plant and pellet factory in Latvia, the company announced.


14.06.2017

Hotel Pullman Riga Old Town named best hotel in Baltics

Pullmann Riga Old Town, a five-star hotel of the Accor Hotels chain, has won the Baltic Real Estate Award 2017 as the best hotel in the Baltic states, the hotel’s representative Valdis Vanadzins told LETA.

13.06.2017

Estonia's Saku beverage group eyeing switch to renewable energy within 5 years

Carlsberg Grupp, owner of the Estonian beverage group Saku Olletehas, is planning to switch all its plants fully to renewable energy by 2022, reports LETA/BNS.

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