Technology

International Internet Magazine. Baltic States news & analytics Monday, 25.03.2019, 00:07

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Bolt to roll out food delivery service in Estonia, Finland, South Africa

Bolt to roll out food delivery service in Estonia, Finland, South Africa

21.03.2019

Bolt, the ride-hailing company from Estonia previously known as Taxify, will start offering a food delivery service shortly, launching it first in Estonia, Finland and South Africa, reported LETA/BNS.

Keyword tags: Estonia, EU – Baltic States, Good for Business, Internet, Technology, Tourism, Transport



Baltic International Bank Implements Open Banking and Sandbox

Baltic International Bank Implements Open Banking and Sandbox

21.03.2019

According to a revised Payment Services Directive (known as PSD2) adopted by the European Parliament, Baltic International Bank offers its API sandbox solution for Open Banking.

Finland to join Lithuanian-led EU cyber security force project

Finland to join Lithuanian-led EU cyber security force project

20.03.2019

Finland is due to formally join the Lithuania-initiated project for developing the European Union Cyber Rapid Response Teams (CRRTs) on Wednesday, reported LETA/BNS.


Alternative lending in Baltics is taking market share from traditional banks and credit unions

Alternative lending in Baltics is taking market share from traditional banks and credit unions

19.03.2019

In the ever-growing European alternative finance market, Lithuania - together with other Baltic countries - shows peculiarly favourable results among the crowdlending operators.

Fitek Group’s 2018 Turnover is 21.5 Mln Euros

Fitek Group’s 2018 Turnover is 21.5 Mln Euros

15.03.2019

The Baltic- and Europe-based finance technology and e-invoice solution provider Fitek Group reports 21.5 mln euros in turnover for 2018. The company’s turnover was 13.5 mln euros for 2017. Behind the 60% growth in turnover is the growth of the company’s purchase invoice process FitekIN, sales invoice business capacity expansion in the Baltic states, and geographic expansion to the Balkan states.


14.03.2019

City of Tartu, Milrem Robotics to develop service robots for city maintenance

The southern Estonian city of Tartu is to enter into cooperation with the robotics company Milrem Robotics to implement unmanned crawler-type vehicles developed for civilian use in the city's maintenance works, reported LETA/BNS.

13.03.2019

Estonian software robotics co Flowit boosts earnings 26% on year

The software robotics company Flowit Estonia OU belonging to Estonian owners raised its profit 26% year over year to 192,000 euros in 2018, while revenue was stable at 1.1 mln euros, reported LETA/BNS.

13.03.2019

Estonian Cyber Command to hold Defense Makeathon

The Cyber Command of the Estonian defense forces is to hold together with the IT students' organization of the Tallinn University of Technology (TalTech) and the cyber defense unit of the Kaitseliit (Defense League) volunteer corps an event titled "K48 Defense Makeathon", informed LETA/BNS.

13.03.2019

Skeleton Technologies Appoints Renaud Lecompte as Chief Commercial Officer in Major Coup

Skeleton Technologies has appointed Renaud Lecompte as Chief Commercial Officer to drive the commercial effort as part of the company’s growth plan and goal to become the market leader in ultracapacitor-based energy storage.

13.03.2019

Laws must be observed in deciding on Huawei, Lithuanian foreign minister says

With Chinese telecoms giant Huawei facing security gap or espionage suspicions from US and EU officials, Lithuanian Foreign Minister Linas Linkevicius says the security situation needs to be assessed responsibly, but, at the same time, the principles of law must be observed, writes LETA/BNS.

12.03.2019

Report: Estonia has been targeted by cyber spies of all Russian special services

Over the years, Estonia has in some way or another been targeted by the cyber spies of all Russian special services, it appears from a report made available by the Estonian Foreign Intelligence Service, citing LETA/BNS.

12.03.2019

2nd International Magnetic Latvia Technology Conference Deep Tech Atelier to be Held in Riga

The Investment and Development Agency of Latvia (LIAA) will organise the second international Magnetic Latvia Technology conference Deep Tech Atelier in Riga from April 12th-13th. The event will include an extensive practical and educational programme, gathering together science-based startups, research organisations, entrepreneurs, industry and government institution representatives, and technology fans in one place, informed LIAA representative.

08.03.2019

Trauma Simulator wins Latvian-American Innovation Award 2019

During the Award ceremony of the Latvian-American Innovation Award at the University of Latvia and Microsoft Innovation Center, the winners were announced, BC informed AmCham representative.

07.03.2019

Survey: Quarter of Estonia's industry has digitized its production processes

24% of Estonia's manufacturing and mining enterprises have digitized their production processes, the rate is highest among medium and large businesses, according to the findings of a recent survey carried out by pollster Rait Faktum & Ariko among 300 Estonian industrial companies informed LETA/BNS.

07.03.2019

Israeli startup Exai set to open unit in Vilnius

Israel's artificial intelligence and content management solutions startup Exai is set to open a software development unit in Vilnius that will hire about 30 professionals, according the business daily Verslo Zinios information reported LETA/BNS.

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