International Internet Magazine. Baltic States news & analytics
Saturday, 25.05.2013, 14:27
Number of visitors at Latvia hotels grew by 5.9% in Q1
24.05.2013The number of visitors in hotels and other accommodation establishments1 in the 1st quarter of the year 2013 in Latvia comprised 301.3 thousand people. That is 5.9% more than in the 1st quarter of 2012.
Keyword tags: Analytics, Baltic States – CIS, EU – Baltic States, Good for Business, Latvia, LIVE RIGA, Tourism
In Q1, the number of tourists accommodated in Lithuania grew by 5.6%
24.05.2013According to the provisional data of Statistics Lithuania, in I quarter 2013, accommodation establishments accommodated by 5.6% more guests than in the same quarter of 2012, and received 344.9 thousand tourists.
Latvia likely to receive invitation to eurozone along with several recommendations
24.05.2013Latvia is convincingly meeting the euro convergence criteria, therefore positive convergence reports are expected from the European Commission and the European Central Bank (ECB) at the beginning of June regarding Latvia's compliance with the eurozone accession criteria. At the same time, Latvia is likely to receive several recommendations, informs LETA.
Lithuania will not incur financial loss in Alita lawsuit
24.05.2013Italian citizen's Luigiterzo Bosca lawsuit against the Government of Lithuania and the demands to adjudge LTL 714 million (EUR) were rejected. The Arbitrage Court admitted that all financial loss experienced by Bosca due to the privatization of Alita has been reimbursed in the courts of Lithuania, reports LETA/ELTA.
Trigon Agri attracts investor from Finland
24.05.2013Estonian agricultural group Trigon Agri has completed a limited capital raising for its Estonian dairy farming subsidiary Trigon Dairy Farming Estonia (‘TDFE’), attracting the Ingman Group from Finland, Trigon says in a statement. Trigon Agri acquired 21% of TDFE, writes LETA.
Number of doctors will fall drastically in 20 years in Estonia
An especially bleak scenario heralds a fall of the number of doctors in Estonia from 4,500 to 2,500 in 20 years since already now, every 7th doctor working in Estonia is in retirement age while an increasing number of medical school graduates leave Estonia after graduation, LETA/Postimees writes.
Lithuania approves of growing hemp for textiles
Lithuania on Thursday legalised growing hemp as of January for the industrial-scale production of textiles, making it the last of the EU's 27 members to give it the green light, informs LETA/AFP.
Ansip to Barroso: oil shale fuel production should be given green light
Estonian Prime Minister Andrus Ansip met with the President of the European Commission José Manuel Barroso in Brussels on Thursday to discuss energy-related problems in the European Union and how they relate to Estonia, informs LETA.
President of Latvia promulgates Citizenship Law amendments
President of Latvia Andris Berzins has promulgated the Citizenship Law amendments, according to the government's official newspaper "Latvijas Vestnesis", informs LETA.
Matiss invites Russia to think about developing transportation infrastructure connecting 2 countries
During a meeting in the German city of Leipzig yesterday with Russian Transport Minister Maxim Sokolov, Latvian Transport Minister Anrijs Matiss emphasized that it is necessary to strengthen the competitiveness of the Baltic Sea region and develop East-West transportation infrastructure, reports LETA/Nozare.lv.
Estonian Ministry: time till autumn with LNG terminal
Estonian economy ministry said on Thursday that it is not true that the European Commission's analysis on the liquefied natural gas (LNG) terminal has to be completed by the end of June, since actually the deadline is the end of September, LETA/Public Broadcasting reports.
US Kinze opens its first international plant – in Lithuania
The US company Kinze Manufacturing, Inc. is opening its first production plant abroad in Lithuania, the company said in a statement. The facility will manufacture Kinze row crop planters, contributing to its growing market in neighboring countries including Russia, Ukraine, Czech Republic, Bulgaria and Hungary, informs LETA.
EconMin: Latvia may need qualified labor force from abroad in future
Economy Minister Daniels Pavluts allows for the possibility of bringing in from abroad qualified workers for certain sectors in Latvia in the future, informs LETA/Nozare.lv.
Lithuanian PakMarkas becomes the only official center of Italian Motovario in Baltics
The Lithuanian packing and marking solutions provider PakMarkas, has become the only official center of the Italian company Motovario to assemble reducers in the Baltic States, PakMarkas said in a statement.
Estonia can demand “sugar” payment of court expenses and interests from Europe
Estonia has regained from the European Commission the fine that it paid for excess inventories but hasn’t demanded yet from the Commission payment of interests and court expenses, since the dispute over the so-called sugar fine continues, LETA/Õhtuleht writes.
EU’s assessment of Latvian economic activity 
