Technology

International Internet Magazine. Baltic States news & analytics Sunday, 25.09.2016, 18:41

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Estonian ridesharing service Taxify expands to Kiev

Estonian ridesharing service Taxify expands to Kiev

23.09.2016

The Estonian smartphone app Taxify that connects riders with local taxis and private drivers launched the service with 200 drivers in the Ukrainian capital Kiev on Friday, reports LETA/BNS.

Keyword tags: Baltic Export, Baltic States – CIS, Estonia, Innovations, Markets and Companies, Passenger cars, Technology, Transport, Ukraine



Twino is taking Latvian companies to the pioneering start-up festival SLUSH

Twino is taking Latvian companies to the pioneering start-up festival SLUSH

23.09.2016

In cooperation with the Latvian Start-up association Startin.LV and IT co-working space TechHub Riga, the financial technology company TWINO is taking a Latvian delegation of start-ups to Europe's leading and most prestigious event for new companies, SLUSH, TWINO representative informs BC.

Apple iPhone 7 smart-phones go on sale in Latvia from today

Apple iPhone 7 smart-phones go on sale in Latvia from today

23.09.2016

Apple's new iPhone 7 and iPhone 7 plus smart-phones go on sale in Latvia from today, informs LETA.


Latvia’s Valmieras Stikla Skiedra fiberglass company sells 33% stake in Valmiera Glass USA Corp to parent company

Latvia’s Valmieras Stikla Skiedra fiberglass company sells 33% stake in Valmiera Glass USA Corp to parent company

22.09.2016

Latvia’s Valmieras Stikla Skiedra fiberglass maker has signed an agreement with its parent company P-D Management Industries-Technologies GmbH on sale of a 33% stake of Valmiera Glass USA Corp., according to a statement submitted to the Nasdaq Riga stock exchange.

European Commission scraps time limit on free mobile roaming plan

European Commission scraps time limit on free mobile roaming plan

21.09.2016

The EU scrapped Wednesday a 90-day limit to its landmark free mobile phone roaming policy, promising checks to curb abuse after the initial plan ran into fierce criticism, reports LETA.


21.09.2016

Estonia to allow bank account to be opened without going to bank

The Finance Ministry is about to make amendments to the Money Laundering and Terrorist Financing Prevention Act adopted this summer to enable residents and e-residents of to open a bank account without going to a bank office, writes LETA/BNS.

20.09.2016

Bite CEO expects 5G to arrive 'sooner than we think'

The next generation 5G technology will reach users faster than it is thought today, the new chief executive officer of the Lithuanian and Latvian mobile communications group Bite says, adding that with mobile data consumption growing, 5G will help to internetwork various devices and will open up new possibilities for customers, reports LETA/BNS.

19.09.2016

BPM Mezzanine Fund makes investment in paint producer Eskaro

The Baltic-Polish venture capital fund BPM Mezzanine Fund has invested an undisclosed amount of money in the paint producer Eskaro AS, a subsidiary of Eskaro Group AB, BPM mezzanine Fund representative informs BC.

19.09.2016

3 ScanBalt countries in top ten in overall biotechnology innovation

Denmark (3), Finland (7) and Sweden (9) give ScanBalt BioRegion a prominent representation at the top 10 of the list in overall biotechnology innovation according to the recently published 2016 Scientific American Worldview ranking.

19.09.2016

E-commerce sector attracts EU attention: changes expected

Commission's preliminary report on e-commerce sector in the EU confirms fast growth of e-commerce and identifies business practices that might restrict competition and limit consumer choice. The Commission's Digital Single Market Strategy has already identified a number of regulatory barriers that hinder cross-border e-commerce.

16.09.2016

Vilnius welcomes the first international SSC conference in the Baltics

It is no secret that the Baltic States represent a “trendy” destination for multinational companies to set-up shared service centers (SSCs).

16.09.2016

Dridex malware targeting Baltic banks

Dridex, an online banking malware that steals personal information through HTML injections, is now targeting also banks in Estonia, Latvia and Lithuania, warned LETA/BNS.

16.09.2016

Orion and Energy Investment Fund selling EUR 72 mln wind farm in northwestern Lithuania

Orion Asset Management, an investment company of the Swedish-owned group Scaent Baltic, and the Dutch-owned Energy Investment Fund are selling a 46-megawatt wind farm, worth around 72 mln euros, in the district of Mazeikiai, in northwestern Lithuania.

15.09.2016

Fortum tops list of recipients of renewable energy subsidy in Estonia in August

The Fortum group companies Anne Soojus AS and Fortum Eesti AS received altogether 1.7 mln euros of renewable energy support in August, more than any other generating party in Estonia, figures published by the transmission system operator Elering show, reports LETA/BNS.

15.09.2016

International conference on innovation Baltic Dynamics 2016 held in Riga today

The 21st international conference on innovation Baltic Dynamics 2016: Innovation and Technology for Convergence - Strategy for Smart Growth is taking place at Radisson Blu Hotel Latvija today, as organizers of the conference informed LETA.

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