International Internet Magazine. Baltic States news & analytics
Thursday, 17.04.2014, 07:00
The European Commission's first ever results list of the transport sphere of the member states indicates that Estonia's strength lies in the increasing market share of the railway transport while the high environmental impact of the highway transport is the weakness, LETA/Public Broadcasting reports.
Keyword tags: Analytics, Ecology, Energy, EU – Baltic States, Transport
The Competition Council has authorized Bioinvest to acquire the waste management company L&T, as the Nozare.lv business portal learned from the Competition Council, cites LETA.
BaltCap, the leading dedicated private equity and venture capital investor in the Baltic States, has acquired a controlling interest in Ecoservice UAB, a leading waste management company in Lithuania. BaltCap Private Equity Fund II (“BPEF II”), advised by BaltCap, will control 75% of shares of Ecoservice.
On March 31, 2014, Lithuania-based company Ecoservice, share transfer transaction was closed, LETA was reported by Ecoservice. The share purchase agreement was concluded on February 21, 2014.
The European Union (EU) on the average recycles 42% of its total waste, however, Latvia only recycles 16%, according to a study by Eurostat, taking into account data from 2012, cites LETA.
The 7th Astana Economic Forum (AEF) is planning a panel discussion to examine issues of professional responsibility and the role of business in the transition to a green economy, the organizers announced.
The bypass in Palanga which has been started at the beginning of March 2014 will reduce the noise and the air pollution in the city's streets, informs LETA/ELTA.