International Internet Magazine. Baltic States news & analytics
Tuesday, 30.08.2016, 04:14
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.
Keyword tags: Innovations, Internet, Lithuania, Russia, Technology
Latvian state-owned rail company Latvijas Dzelzcels (Latvian Railways, LDz) has reached a cooperation agreement with Russia's leading freight railway operator Freight One, LDz spokeswoman Linda Hakima informed.
Russia's import ban on pork products from the European Union is not legitimate, the World Trade Organization (WTO) decided on Friday, reports LETA.
Lithuania's grain processor Malsena Plius, which exports around one-tenth of its products, says that the weak ruble has forced it to switch from Russia and Belarus to other export markets, noting a recent increase in flour sales to African countries, informs LETA/BNS according to daily Lietuvos Rytas reports on Friday.
Kuzbasskaya Toplivnaya Company, one of Russia's largest coal exporters, has started hauling crude to Poland via Lithuania. By the end of this year, up to 250,000 tons of coal should be transported via Lithuania by rail, report LETA/BNS.
There is a striking paradox in Washington's policy on European natural gas markets. US diplomats are undertaking tireless efforts to prevent Russia constructing new export pipelines, arguing these massive projects will deprive Ukraine of billions of dollars in annual revenue from transit fees, which could wreck the struggling country's economy. At the same time the United States continues to preach the mantra of energy efficiency and supply diversification, both of which will help reduce reliance on Russian gas in Eastern Europe. Washington wants to help end Ukraine's dependence on Russian gas, yet it is fighting to keep Kiev dependent on Russian gas income. This is not only contradictory, but it is the wrong way to go about helping Ukraine and the wrong way to advance European energy security and integration in the long run.
Lithuania on Wednesday denied entry to Oleg Gazmanov, a Russian pop music performer who supports the Kremlin's policies and glorifies the Soviet Union in his songs.