International Internet Magazine. Baltic States news & analytics
Saturday, 06.02.2016, 22:28
Lietuvos Duju Tiekimas (LDT), a leading natural gas supply company which is part of the Lietuvos energija energy company group, has entered into an agreement for the supply of liquefied natural gas (LNG) with Statoil whereby it will meet over a half of LDT’s gas demand, informed BC communication manager at Lietuvos Duju Tiekimas Paulius Jakutavičius.
Keyword tags: Baltic States – CIS, Energy, EU – Baltic States, Gas, Legislation, Lithuania, Transport
Lithuania’s road haulers keep a close eye on attempts by Poland and Russia to reach an agreement on haulage permits for 2016, as they believe that the advantages negotiated by Poland would also have an effect on Lithuania, the Verslo Zinios business daily reports on Friday, cites LETA/BNS.
Trade of logs in Baltic Sea region fell 10% in 2015 because of substantially lower demand for softwood pulplogs in Finland and Sweden, reports BC the Wood Resource Quarterly.
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The Economy Ministry in Latvia has filed a EUR 632,013.04 counterclaim against the limited partnership Expo 2015, LETA learned from the ministry.
After the national airline airBaltic receives German investor Ralf-Dieter Montag-Girmes and government's investments, its value will be around EUR 260 million, regardless of the airline's negative equity at the moment, Prudentia's CEO Karlis Krastins told LETA.
What is happening in Syria directly influences the security environment of Europe and Estonia, Estonian Prime Minister Taavi Roivas said speaking at the Syrian donors' conference in London on February 4th, informs LETA/BNS.
German businessman Ralf Dieter Montag-Girmes, the investor in Latvia's national carrier airBaltic, has promised to make the planned investment of EUR 52 million in the airline by the end of March 2016, the investor said in a press briefing yesterday, cites LETA.
The European Commission expects the Estonian economy to grow 2.1% in 2016 and 2.3% the next year, it appears from the newly-released winter 2016 economic forecast. Economic growth in Latvia is estimated to have picked up to 2.7% in 2015 supported by better-than-expected investment and construction volumes, informs LETA/BNS.
The European Commission estimates that Lithuania's GDP grew by 1.6% in 2015 and forecasts that the country's economic growth will accelerate to 2.9% in 2016 and to 3.4% in 2017, informs LETA/BNS.
Lithuania’s energy dependency rate was one of the highest across the European Union (EU) in 2014, data from Eurostat showed on Thursday, cites LETA/BNS.
New amendments to the law on corporate income tax in Latvia, which Saeima has passed in the final reading, will oblige payers of corporate income tax to inform the State Revenue Service about all deals with entities registered in low tax and tax-free areas, as well as about payments to nonresidents, informs LETA.
Today an agreement was signed between the Latvian government and Ralf-Dieter Montag-Girmes. Under the deal, a total of EUR 132 million of fresh capital will be invested in the Latvian carrier for fleet modernisation and its new Horizon 2021 business plan, informed BC Janis Vanags.
The end of Europe‘s borderless Schengen area would cost the bloc more than 100 billion euros (110 billion dollars) in the long term, a French government-backed think tank said in a report released on February 3rd, informs LETA/BNS/DPA.
According to the Estonian police, the persons that have been caught smuggling illegal migrants through Estonia have mainly been Iraqis living in other European countries, informs LETA/BNS.