International Internet Magazine. Baltic States news & analytics
Thursday, 29.09.2016, 08:02
The Estonian startup Click & Grow on Wednesday launched Wall Farm, a novel product optimizing plant cultivation automatically, reports LETA/BNS.
Keyword tags: Agriculture, Foodstuff, Innovations, Technology
The technology giant Apple wanted to set up a server park costing up to a billion euros in the northwestern Estonian town of Paldiski three years ago but gave up the plan due to high electricity prices and inertia of Estonian officials, the weekly Eesti Ekspress information writes LETA.
The University of Latvia has received another donation worth EUR 1 million from Mikrotikls company, manufacturer and distributor of telecommunications systems, BC learned from the university.
Latvian start-up companies have attracted investments worth at least EUR 110 mln,Jekaterina Novicka, the board chairwoman of the Latvian Association of Start-ups said LETA.
As a result of an increase in the number of online shoppers Estonia's state-owned postal company doing business under the Omniva name will open 30 new parcel terminals in Latvia which is twice as much as initially planned, reports LETA.
Latvia’s Madara Cosmetics company has invested almost EUR 3.5 mln in its new plant, the company’s director Uldis Iltners reported LETA.
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.
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'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 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.
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.
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.
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.
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.
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.