EU – Baltic States

International Internet Magazine. Baltic States news & analytics Saturday, 06.02.2016, 22:28

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Lietuvos Duju Tiekimas to buy LNG from Statoil in 2016

Lietuvos Duju Tiekimas to buy LNG from Statoil in 2016

05.02.2016

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



Poland-Russia deal on road hauls may be useful for Lithuania’s haulers

Poland-Russia deal on road hauls may be useful for Lithuania’s haulers

05.02.2016

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.

Log trade in the Baltic Sea region fell by 10% in 2015

Log trade in the Baltic Sea region fell by 10% in 2015

05.02.2016

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.


Global Innovation Expert: the new program from WU Executive Academy

Global Innovation Expert: the new program from WU Executive Academy

05.02.2016

How do people differ in their approaches to innovation management depending on where they live? What effects do the respective economic and cultural environments have on future developments? Why is it that certain factors that have a favorable influence on the innovative potential of businesses in some regions tend to be inimical to innovation in others? The new Global Innovation Expert certificate program will provide answers to exactly these questions.

Latvian EcoMinistry files counterclaim against Expo 2015 company

Latvian EcoMinistry files counterclaim against Expo 2015 company

05.02.2016

The Economy Ministry in Latvia has filed a EUR 632,013.04 counterclaim against the limited partnership Expo 2015, LETA learned from the ministry.

05.02.2016

Prudentia: worth of airBaltic to rise to EUR 260 mln after airline receives investments

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.

05.02.2016

Estonian PM: Syrian war affects security of whole Europe

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.

05.02.2016

Montag-Girmes to pay EUR 52 mln in airBaltic by late March

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.

04.02.2016

Commission lowers Estonia's economic growth forecast, ups Latvian for 2016

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.

04.02.2016

EU Commission forecasts 2.9% GDP growth for Lithuania in 2016

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.

04.02.2016

Lithuania among most dependent on energy imports in EU-28

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.

04.02.2016

New requirement to oblige Latvian entrepreneurs to inform revenue service about deals with offshore

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.

04.02.2016

airBaltic investor agreement signed with Montag-Girmes

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.

04.02.2016

Collapse of Schengen area would cost EUR 100 bln

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.

04.02.2016

Foreigners organize human smuggling through Estonia

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.

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