International Internet Magazine. Baltic States news & analytics
Thursday, 03.09.2015, 02:48
The man, who was detained in May 2015 for gathering pornographic material of underage boys worked at the Riga municipal public transportation company Rigas satiksme, according to information obtained by LETA.
Keyword tags: Internet, Latvia, Legislation, Society, Technology, Transport
Electronics distributor Distrelec Group opens a new central distribution center in s-Hertogenbosch, The Netherlands, to ensure an even greater focus on customer service to all their customers in Latvia and in nine further countries throughout Europe, reports BC Johanna Walser from the marketing communications at Distrelec Group Inc..
"Tallinn University of Technology is one of the pillars of the Estonia's future as I don't know any countries successfully competing in the 21st century without a good technical education," said the President, Toomas Hendrik Ilves, at the inauguration of the Rector of Tallinn University of Technology, Academician Jaak Aaviksoo on Monday, reports BC presidential press service.
During the first half of 2015, Citadele Group's profit in Latvia reached EUR 14.9 million, which is a 3% increase compared to H1, 2014. "Private investors' becoming part of the bank's shareholder structure marked the beginning of a new development phase for Citadele. This year is notable for investments in the bank's development," comments Guntis Belavskis, CEO of Citadele banka.
Latvian joint-stock electrical appliances company VEF Radiotehnika RRR operated with EUR 227,750 in losses in the first half of the year, reports LETA, according to the company's financial report submitted to NASDAQ OMX Riga.
Riga has the densest network of Wi-Fi hotspots compared to other capital cities of the European Union countries, shows a research by the telecommunications company Lattelecom, cites LETA.
The team at Taxify have created a carpooling mobile application titled Hopp as a pilot project, writes Äripäev.ee/LETA.
On August 28, 2015, Eesti Telekom will launch Vunk Garage48, an incubator for start-up companies, writes Äripäev.ee/LETA.
According to market research company GfK Retail & Technology, during the first seven months of the year 2015 the number of 4G tablet computers per resident sold in Estonia is higher than in Latvia and Lithuania, writes LETA/Postimees Online.
Starman managed to increase their sales revenue as well as profitability in H1 of 2015 in Estonia, writes LETA/Delfi.
In the second quarter of the year 2015, Lithuanian payment institutions strengthened their positions both in the cash payments market and electronic payments market by taking over an increasingly larger share of them from commercial banks, reports BC the press service of the Bank of Lithuania.
Finnish technology retailer Motonet is about to expand their business to Estonia, writes LETA/Postimees Online.
This week, interior architecture students from the Estonian Academy of Arts (EAA) began construction of a wooden installation consisting of three giant megaphones, which will be placed in the forest near the RMK Pähni Nature Centre, in Võru County, and will be open to testing by everyone.
Production of bioethanol is an alternative energy source of utmost importance in replacing ordinary fuel made from hydrocarbons. Latvian scientists have succeeded in producing bioethanol and furfural from plant waste – wheat straw. Co-generation of the two products – ethanol and furfural – is what makes their method unique.
According to Nielsen's global e-commerce and new retail survey, only 2% of respondents in Estonia currently buy foodstuffs online, and 47% would be prepared to do so in the future, writes LETA/Postimees Online.