International Internet Magazine. Baltic States news & analytics
Wednesday, 28.09.2016, 16:41
atvia ranks 49th in the latest Global Competitiveness Index by the World Economic Forum, having slipped down from the 44th position last year.
The Russian shipper St. Peter Line that operates the Tallinn-St. Petersburg route with a fleet of two ships, Princess Anastasia and Princess Maria, is to sell the ships to Italian cruise ship operator Moby Lines, lemarin.fr reports cites LETA/BNS.
The Lithuania state is planning to exercise the jurisdictional immunity it is entitled to under international law in a lawsuit brought against it by Vladimir Antonov, a former majority shareholder of the collapsed Lithuanian bank Snoras, which means that it does not agree to the dispute being heard by a Moscow court, reports LETA/BNS.
The first pilot train of goods from China to Latvia is expected by the end of the year, Transport Minister Uldis Augulis (Greens/Farmers) said during a conference today titled Global Transportation Vision organized by the Latvian national rail company Latvijas Dzelzcels, informs LETA.
Latvia's state-owned joint-stock national rail company Latvijas Dzelzcels (LDz) and its subsidiary LDz Cargo Logistika LLC, together with the Russian, Belarus and Kazakhstan rail joint venture OTLK and a Belarusian railway logistics company BTLC, have developed a common tariff for railway cargo transportation from the Chinese border to the Latvian ports of Riga, Ventspils and Liepaja, LDz informed.
Although dairy, meat and fish producers have been actively looking for, and finding, new markets since Russia's embargo, they have not been able to consolidate their foothold in all of the new markets during the past one-and-a-half years, which means that more active state support is necessary, according to the Agriculture Ministry's report that the government will review at its next meeting on September 6, reports LETA.
Innovative Russian software solutions start-up Mobile Angels, which specialises in mobile apps that use augmented reality technology, is setting up operations in Lithuania. The company aims to establish a team of 25 highly qualification information systems specialists in Lithuania within three years. The news comes on the back of the successful launch of the company’s most recent project, a mobile app for skiers with augmented reality functions, representative Mobile Angels told BC.