China

International Internet Magazine. Baltic States news & analytics Thursday, 24.09.2020, 07:37

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Eleon signs deal with Chinese company on manufacture of wind turbines

Eleon signs deal with Chinese company on manufacture of wind turbines

10.09.2020

Estonian company Eleon and Chinese industrial group Chinese State Shipbuilding Corporation (CSSC) this week signed a second agreement on the manufacture of wind turbines, reports LETA/BNS.

Keyword tags: China, Energy, Estonia, Good for Business, Legislation



Hong Kong fintech firm sets up company in Lithuania

Hong Kong fintech firm sets up company in Lithuania

31.08.2020

Hong Kong-based Niche Global Fintech Corporation Limited has established a company in Lithuania, informs LETA/BNS.

EMQ sets up business in Lithuania

EMQ sets up business in Lithuania

10.08.2020

Chinese financial settlement and payment company EMQ Limited has established a company in Lithuania, informs LETA/BNS, according to the country's Center of Registers.


Magnetic MRO loss increases 15-fold in Q2

Magnetic MRO loss increases 15-fold in Q2

05.08.2020

Magnetic 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.

EU implements cyber sanctions

EU implements cyber sanctions

30.07.2020

The European Union on Thursday decided to implement its cyber sanctions regime against six individuals and three entities or bodies who are linked to cyber operations carried out against the European Union, its member states, or international organizations, marking the first time ever that cyber sanctions are imposed by the EU, informs LETA/BNS.


20.07.2020

Chinese Hikvision gets permission to buy BK Grupp operating in Estonia, Baltics

Chinece manufacturer of video and surveillance equipment Hikvision Singapore Pte Ltd has been granted permission by the Estonian Competition Authority to acquire the Baltic security systems wholesaler BK Grupp, which includes the company's Estonian subsidiary BK Eesti AS, informed LETA/BNS.

15.07.2020

Estonian researcher: EU's planned measures against China too late

The European Union is considering small export restrictions on China due to the Hong Kong security law, but according to Estonian Foreign Policy Institute junior research fellow Frank Juris, these measures are too late and too lenient, the "Aktuaalne kaamera" news program of public broadcaster ERR reported on Tuesday, cites LETA/BNS.

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