International Internet Magazine. Baltic States news & analytics
Tuesday, 06.12.2016, 19:51
Nokia confirms that the strategic agreement covering branding rights and intellectual property licensing with HMD Global Oy (HMD), originally announced on May 18, 2016 has come into force.
Keyword tags: Markets and Companies, Mergers and take-overs, Technology, Telecomunications
Companies will focus on IoT solutions for smart city and industrial/manufacturing customers, with initial offerings planned for early 2017. Partnership strengthens portfolios of both companies and go-to-market capabilities in market forecast to reach 161 billion USD by 2020. Current partnership includes deals with more than 25 service provider and enterprise customers.
Latvian startup Funderfun and Finland's SkenarioLabs have won the pitching competition at the technology, lifestyle and startup festival Digital Freedom Festival, as the festival's representative Inga Taurina told LETA.
The central event of Estonian President Kersti Kaljulaid's two-day visit to Finland that started on Tuesday will be Enter e-Estonia, Estonia-sponsored opening event of the region's biggest technology conference Slush, writes LETA/BNS.
New service of online shipping quote, order and tracking for aircraft parts was launched this week by aircraft spare parts and repair capabilities marketplace Locatory.com. Users of Locatory.com platform will receive one more solution to optimize procurement process by offering integrated online solution for parcels shipment in few easy steps from quote to order, Locatory.coms`s representative informed BC.
New Commission’s start-up and scale-up initiative aims to give EU’s innovative entrepreneurs additional opportunities to become European-world leading companies. It pulls together all the possibilities that the EU already offers and adds a new focus on venture capital investment, insolvency law and taxation.
The Estonian aircraft maintenance, repair and operations (MRO) company Magnetic MRO and MAC Interiors, a subsidiary acquired by it in February this year, are working to use 3D printing technology for more cost effective and quality interior solutions, reports LETA/BNS.
On 17-18 November Riga hosted "eCom21" - the international conference on e-commerce and internet business issues, which is one of the largest in Europe.
The Estonian Finance Ministry and the software company AS Nortal have signed a cooperation agreement based on which Estonia's practices of tax collection and administration of public finances will be showcased in the Gulf states, reports LETA/BNS.
Accenture IT company today has recruited the 1000th employee in Latvia, but by August 2017 the company plans to recruit more than 200 new employees, the company said LETA.
Australian venture capital fund Airtree has invested one million U.S. dollars in Jobbatical, an Estonian startup that helps travel enthusiasts get mostly fixed-term technology jobs around the world, reports LETA/BNS.
Employers Confederation's top awards presented to Mikrotikls co-owners and Riga Technical University
Latvian Employers' Confederation has named router and wireless ISP system developer Mikrotikls co-owners Arnis Riekstins and John Martin Tully as businessmen who have made the biggest contribution to the national economy of Latvia this year, and Riga Technical University - the best university for training of employers, as the confederation informed LETA.
Printful, a member of Latvia's Draugiem Group, has launched its second print on demand workshop in the United States and prepares for listing the company's shares on the U.S. stock market, the group's representative Janis Palkavnieks told LETA.
The Estonian transmission system operator Elering AS and the Finnish company Baltic Connector OY signed an agreement with ILF Consulting Engineering Polska on Monday under which ILF Polska will act as the engineering, procurement and construction manager in the construction of the undersea section of the Balticconnector gas pipeline between Finland and Estonia, informs LETA/BNS.
– Investors placed 97.8 million euros in startups of Estonian origin during 2015, almost half of which went to the money transfer service Transferwise, writes LETA according to Eesti Paevaleht.