Technology

International Internet Magazine. Baltic States news & analytics Thursday, 17.01.2019, 09:14

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Number of applicants for Lithuania's Startup Visa program soars 41% in 2018

Number of applicants for Lithuania's Startup Visa program soars 41% in 2018

16.01.2019

ome 178 foreign companies applied for the Startup Visa program in Lithuania last year, up by 41% from 126 in 2017, the first year of the scheme aimed at attracting foreign startups to the country. reported LETA/BNS.

Keyword tags: Business, Good for Business, Lithuania, Technology



Lithuanian govt approves fintech sector development plan

Lithuanian govt approves fintech sector development plan

09.01.2019

The Lithuanian government endorsed on Wednesday a financial technology (fintech) sector development plan worked out by the Finance Ministry, Prime Minister Saulius Skvernelis said LETA/BNS.

Estonia receives innovation award at CES trade show

Estonia receives innovation award at CES trade show

09.01.2019

Estonia was granted an innovation award at the annual CES trade show organized by the Consumer Technology Association (CTA) in Las Vegas, informed LETA/BNS.


Lietuvos Energijos Gamyba initiates a unique pilot project in the Baltics

Lietuvos Energijos Gamyba initiates a unique pilot project in the Baltics

09.01.2019

Lithuanian state-owned enterprise Lietuvos Energijos Gamyba, a part of Lietuvos Energija Group, has started preparations for 1 megawatt energy storage system installation in Kaunas Algirdas Brazauskas’ hydropower plant. Operating in synergy with the plant, the new storage system would become the first and the biggest innovation of this kind in the Baltic States, LEG representative informed BC.

Perspective directions for Latvian science and research

Perspective directions for Latvian science and research

08.01.2019

Research and innovation in microelectronics is regarded as “key enabling technologies” (KET) and signifies as a groundbreaking direction in the European science and technology. New EU rules and funding opportunities can stimulate the Baltic States’ research communities and that of Latvia to be more active to participate in microelectronics’ research.


07.01.2019

Peter Vesterbacka introduces tunnel project to Estonian PM, infrastructure minister

Peter Vesterbacka, champion of a project to build an undersea railway tunnel between the capitals of Estonia and Finland, on Monday introduced the FinEst Bay Area tunnel project led by him, as well as his partners from China Railways and Touchstone Capital Partners, to Estonia's Prime Minister Juri Ratas and Minister of Economic Affairs and Infrastructure Kadri Simson, reported LETA/BNS.

07.01.2019

Estonian Venture Capitalists Vote Veriff the Estonian Startup of the Year

According to the poll conducted among Estonian venture capitalists by the Estonian radio program Restart, Veriff was voted as the Estonian startup of the year in 2018.

26.12.2018

Pioneering Spirit Started Pipelay of Nord Stream 2 in Finland

Dynamically positioned pipelay vessel Pioneering Spirit has joined Nord Stream 2’s construction fleet and started pipelay works in the Finnish Exclusive Economic Zone (EEZ) last night, informed press service of Nord Stream 2 AG.

26.12.2018

App offers Tallinna Sadam passenger info by nationality, gender in real time

The state-owned port company AS Tallinna Sadam released a new web application on Saturday that provides information about the nationality, gender, age and travel routes of the passengers passing though its harbors displayed on a real-time world map.

21.12.2018

Google granted an electronic money institution licence in Lithuania

The Board of the Bank of Lithuania has granted Google Payment Lithuania UAB an electronic money institution licence authorising to issue and redeem electronic money as well as provide payment services, informed Bank of Lithuania.

21.12.2018

Telia, Ericsson open 5G pilot network at TalTech

Telia and Ericsson have opened a 5G pilot network at Tallinn University of Technology (TalTech) that can be used by businesses and research institutions alike, reported LETA/BNS.

21.12.2018

Number of Smart-ID users in Latvia tops 540,000

The number of users of electronic authentification solution Smart-ID developed by Estonian SK ID Solutions has exceeded 540,000 in Latvia, the company’s representatives said LETA.

20.12.2018

Estonian company launches a unique crypto trading platform

CoinMetro, an Estonian fintech startup, has launched the first version of its unique crypto trading platform. Unlike its competitors, CoinMetro’s integrated platform is suitable for all – beginner, intermediate, and advanced users, informed CoinMetro representative,

19.12.2018

Competition Council gives Citadele permission to acquire 12.5% stake in Mobilly

The Latvian Competition Council has given Citadele Bank permission to acquire a 12.5 percent stake in mobile services provider Mobilly, the competition watchdog’s spokeswoman Zane Gorskova told LETA.

17.12.2018

Estonia: First e-state hackathon won by solution created for alarm center

The first Digital State hackathon held in Tallinn from Wednesday to Friday was won by Net Group, which offered a solution to the problem submitted by the alarm center regarding the forwarding of photos and videos during a distress call, the Estonian Ministry of Economic Affairs and Communications said LETA/BNS.

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