Competition

International Internet Magazine. Baltic States news & analytics Thursday, 19.04.2018, 16:25

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Latvian Competition Council penalizes cartel of four security firms

Latvian Competition Council penalizes cartel of four security firms

13.06.2017

The Competition Council has slapped fines, totaling EUR 78,544, on four security firms - Bruks, Nivios-LTD, Puma and Lat Jur Fin - for entering an illegal cartel agreement for participation in public tenders, according to information released by the Competition Council writes LETA.

Keyword tags: Competition, Latvia, Legislation



Estonian PM: Ensuring gas supply in Baltics requires equal competition

Estonian PM: Ensuring gas supply in Baltics requires equal competition

09.06.2017

Equal competition and best price for consumers are the preconditions for ensuring gas supply in the Baltics, Estonian Prime Minister Juri Ratas said on Friday after discussing the issue of the regional terminal for liquefied natural gas (LNG) with his Latvian and Lithuanian counterparts in Klaipeda, Lithuania, informed LETA/BNS.

Lux Express Latvia not too worried that Rail Baltica could take away a lot of passengers from bus companies

Lux Express Latvia not too worried that Rail Baltica could take away a lot of passengers from bus companies

26.05.2017

At the moment, bus companies are not too worried that the Rail Baltica railroad could take passengers away from buses, as Lux Express Latvia head Krisjanis Rekis told LETA.


Klaipeda continues to lag behind Riga in container traffic

Klaipeda continues to lag behind Riga in container traffic

17.03.2017

Klaipeda continues to lag behind Riga in terms of container traffic, the Lithuanian seaport's authority said on Friday.

The Concrete Building of the Year Award goes to the Estonian National Museum

The Concrete Building of the Year Award goes to the Estonian National Museum

16.03.2017

This year’s Concrete Day took place at the Estonian National Museum where the Estonian Concrete Association announced the winners of the ‘Concrete Building of the Year Awards 2016’, the Estonian Concrete Association representative informed BC.


10.03.2017

Rigas Satiksme municipal transport company to appeal Competition Council’s decision on EUR 2.1 mln fine

Rigas Satiksme municipal public transport company will appeal the Competition Council’s decision to fine the company with EUR 2.1 million, Rigas Satiksme board member Emils Jakrins said in a press briefing today.

06.03.2017

Lithuanian businessmen actively lured to move to Estonia

Lithuanian businessmen are actively receiving offers to move their businesses to Estonia – they are promised a zero tariff on undistributed profits and saving possibility, as well as all company founding procedures finalized within a day. However, tax advisers say that even if the move slips by the State Tax Inspectorate, the taxes paid in Estonia may be even higher than in Lithuania.

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