Car market

International Internet Magazine. Baltic States news & analytics Saturday, 24.08.2019, 17:25

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BaltCap sells Estonian auto24 to Apax Partners

BaltCap sells Estonian auto24 to Apax Partners

22.08.2019

BaltCap Private Equity Fund II (BPEF II) has entered into an agreement to sell auto24, a leading automotive classifieds portal in Estonia, to Baltics' leading classifieds portals operator Baltic Classifieds Group (BCG), which was recently acquired by one of the world's largest private capital investment firms Apax Partners, reported LETA/BNS.

Keyword tags: Car market, Estonia, Good for Business, Internet, Markets and Companies, Mergers and take-overs



Number of driving licenses issued in Latvia up 14.8% in H1

Number of driving licenses issued in Latvia up 14.8% in H1

02.07.2019

The Latvian Road Traffic Safety Directorate (CSDD) issued 8,594 driving licenses in January-June 2019, up 14.8% against the same period in 2018, CSDD said LETA.

50% reduction in car thefts in Latvia so far in 2019

50% reduction in car thefts in Latvia so far in 2019

25.06.2019

Thanks to the activity of police, there has been an approximately 50 % reduction in car thefts in Latvia so far this year, Criminal Police Criminal Investigation Department Second Division Chief Maris Priednieks told LETA.


Euro NCAP: Earn the Highest Rating in Latest Safety Tests

Euro NCAP: Earn the Highest Rating in Latest Safety Tests

22.05.2019

Today, Euro NCAP publishes the safety ratings of seven new vehicles, among which three have made their first appearance this year: Audi’s first fully electric model, the e-tron, Volkswagen T-Roc’s smaller brother the T-Cross and the hybrid Lexus UX. Euro NCAP also releases the results of the new Mazda 3, the Renault Clio V, and the latest Toyota Corolla and RAV4. All seven cars achieved the maximum five-star rating against the latest test requirements.

Eesti Energia to start offering electric car charging services

Eesti Energia to start offering electric car charging services

08.05.2019

The Estonian state-owned energy group Eesti Energia is to start offering a public charging service for electric cars and the network will be developed by state-owned electricity distribution system operator Elektrilevi.


07.05.2019

Moller Baltic Import auto dealer raises turnover 16.7% in 2018

Moller Baltic Import auto dealer turned over EUR 272.693 mln in 2018, which is a 16.7 % increase against 2017, while the company’s profit dropped 9.2% y-o-y to EUR 3.009 mln, according to information available at Firmas.lv business website.

25.04.2019

Lithuanian haulers taking legal action against truck producers

Lithuanian transport companies are bringing anti-trust damages actions against Europe's largest truck manufacturers that several years ago were found by the European Commission to have been involved in a price-fixing cartel, according the business daily Verslo Zinios reported LETA/BNS.

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