International Internet Magazine. Baltic States news & analytics
Monday, 22.09.2014, 21:16
Three decades ago, the east coast of Tianjin City was a patch of deserted land with a few scattered factories. Now it is home to more than 14,000 companies, of which 5,000 are foreign-funded.
Keyword tags: Analytics, China, Economics, Markets and Companies, Technology
Balloon Tallinn, one of the most popular attractions among tourists and local citizens in Tallinn, will continue flying throughout the year, making it one of the kind in the whole world, reported BC port's press service.
According to Statistics Estonia, in the 1st quarter of 2014, 83% of households in Estonia had access to the Internet at home. The gap between the younger and older population in computer and Internet use is decreasing.
The European Commission has revealed a list of 155 small and medium-sized enterprises (SMEs) from 21 states that will be first to benefit from the new €3 billion SME Instrument. These SMEs will each receive €50,000 to finance feasibility studies for their projects, and they can get up to three days of business coaching. After that, their projects may be considered for further financial support from the Commission worth up to €2.5 million.
Omnitel has deployed Huawei Blade Site wireless base station solution for commercial use in Lithuania, reports LETA/ELTA, referring to telecomlead.com.
Apple stores have started marketing smart wireless sonar for fishing Deeper whose data can be transferred to smartphones or tablets, reports LETA/ELTA.
On Tuesday, the Estonian start-up GrabCAD and the world's leading manufacturer of 3D printers and printing solutions Stratasys concluded contract for buying GrabCAD; according to Tech Crunch Portal, the transaction value is 100 million dollars, LETA/Postimees Online reports.
Italian information technology consultancy and systems integration company Valuetech plans to establish a subsidiary in Lithuania, reports LETA/ELTA, referring to Invest Lithuania.
Former chief editor of the Russian news site Lenta.ru, Galina Timchenko, will open a new online Russian news medium Medusa in Latvia in mid-October 2014, Timchenko confirmed in an interview with the business magazine Forbes, cites LETA.
Commercialization Reactor has already proven itself to be a regional centre for high-tech startups, and it invites anyone interested to an open event Commercialization Reactor Performance Day, which will take place in Riga on the 7th of October. The event will offer participants an opportunity to meet founders of startups, learn more about how to develop projects born in Commercialization Reactor, as well as to take part in debates and an investment panel, reports BC Edgars Grants.
Since September 2014, one of the most popular journey planner apps in the emerging markets – TRAFI – is available in Latvia. This free tool provides an opportunity for a quicker and more comfortable journey through Riga, Jelgava and Liepaja by public transportation, by car or on foot – the map shows the best route for each of these modes of transportation, reported BC PR consultant and practitioner Rasa Salina.
The telecommunications company Tele2 Lithuania has managed to increase sales of tablet PCs. Compared to 2013, the volume of sales this year has doubled, reports LETA/ELTA.
Kaunas University of Technology and Italian company Gruppo Fos signed a cooperation agreement on 11 September for the establishment of a biomedical engineering research centre in Santaka Valley, Kaunas, reported BC the pres service of KTU.
Lithuania's President Dalia Grybauskaite yesterday met with Israel's Foreign Minister Avigdor Lieberman to discuss bilateral relations and the Middle East peace process, informs LETA/ELTA.
The Estonian government approved on Thursday the Cyber Security Strategy for the period 2014-2017, which aims to increase the state's cyber security capacities and awareness of people of cyber threats, LETA/Public Broadcasting reports.