International Internet Magazine. Baltic States news & analyticsThursday, 09.09.2010, 15:49
19th century brig "Tre Kronor" arrives at Riga Port
09.09.2010The 19th century brig "Tre Kronor", which is sailing around the Baltic Sea this fall to turn the spotlight on environmental problems in the sea and raise public awareness about environmental protection, will call at the Port of Riga this afternoon, SEB banka Public Relations Department Chief Agnese Strazda told the business portal Nozare.lv.
Keyword tags: EU – Baltic States, Latvia, Port, Transport
Ilves at Krynica Forum: EU countries need greater co-ordination of economic policies
09.09.2010President Toomas Hendrik Ilves attended the Krynica Economic Forum on Wednesday, discussing with other European leaders the future of the EU after the economic crisis, reported BC the President’s Chancellery.
Latvian coffee producer Melna kafija begins export to Finland
09.09.2010The Baltic States' largest coffee producer Melna kafija has begun exports to Finland under the new brand "Arki Mokka", according to the Dienas Bizness newspaper.
President Ilves: railways have to reach from Poland’s Western border to the Baltic Sea
09.09.2010Estonian President Toomas Hendrik Ilves focussed at his Wednesday evening bilateral meetings with Polish President Bronisùaw Komorowski and European Commission President Jose Manuel Barroso in Poland on the problems concerning transport connections of the Baltic States with the rest of Europe.
Credit insurer Euler Hermes could return to Latvia
09.09.2010The credit insurer Euler Hermes could be preparing to recommence its activities in the Latvian market, according to the "Telegraf" newspaper. The company, which along with Atradius and Coface was one of the biggest credit insurers in the country, downgraded Latvia's ratings outlook last summer and started breaking previously-signed contracts with its clients. This was a painful blow to Latvian traders who buy goods with a delayed payment.
Alita to sit with Serbians for talks again
The alcoholic beverage producer Alita will sit with Serbians for another round of talks to discuss possible solutions concerning the termination of a privatisation agreement and the fines demanded from Alita. Such a decision was agreed upon by Economy Minister Dainius Kreivys and Serbia's Deputy Prime Minister Mladjan Dinkic, who is the country's minister for regional development, on Tuesday.
Baltic Economic Forum to be held at end-September in Riga
The 11th Baltic Economic Forum will be held September 23-24, the business portal Nozare.lv was informed by representative Dace Mence. In 2010, expect broader discussion on the experience of the Baltic States, overcoming the global economic and financial crisis, potential and challenges for rising competitiveness of the region within the framework of the European Union (EU) Strategies for the Baltic Sea Region. Businessmen, politicians and experts will be the participants.
Last obstacle for the government to take over Estonian Air from SAS disappeared
Estonian national carrier Estonian Air concluded an agreement on buying new planes with Bombardier, thus fulfilling the last condition that the Estonian government had set for buying out the national carrier from SAS, LETA/Postimees writes.
Lindaliini fast ferries will start sailing from Helsinki to Saaremaa in 2011
Estonian shipping company Lindaliini is holding talks with the Kuressaare Sanatoriums company to launch catamaran trips between Helsinki and Estonia’s largest island Saaremaaa in summer 2011, LETA/Meie Maa writes.
Estonia gained two notches in the global competitiveness report 2010
Estonia gained two positions in the global competitiveness top list of the World Economic Forum and in 2010 is on the 33rd place, LETA/National Broadcasting reports.
Sekmokas: PKN refinery's rail dearth of 'minor influence' in Lithuania
A railway link that PKN Orlen SA has asked Lithuania to rebuild is of "minor influence" on the profit of its refinery in the Baltic country, Energy Minister Arvydas Sekmokas said. PKN Orlen, Poland's largest oil company, said last month it would decide on the future of its Lithuanian unit next quarter after the plant failed to generate profit that would justify the 2.8 billion dollar investment.
Restaurant chain Vapiano enters Lithuanian market
Vapiano, a fast casual pasta and pizza restaurant chain, has entered the Lithuanian market. The first Vapiano restaurant will open in the retail trade and leisure centre Europa in Vilnius, on September 24.
Seeder: current system of agricultural direct subsidies harms the sector’s development in Estonia
Estonian Minister of agriculture Helir-Valdor Seeder met on Wednesday with his Finnish colleague Sirka-Liisa Anttila, writes LETA/Delfi.ee. He emphasised that the common agricultural policy needs to remain a jointly financed policy.
airBaltic on "Airliner World" magazine cover
The September 2010 issue of "Airliner World" features a cover story about the Latvian national airline airBaltic and expansion of the North transit hub in Riga, the business portal Nozare.lv was informed at the airline. "Airliner World", an international magazine about airlines and airports, is available in more than 100 countries worldwide.
Estonian Air to expand its operations in Lithuania, opening a new route to Stockholm
Estonian Air decided to launch on October 31 a direct flight route between Vilnius and Stockholm, writes LETA/National Broadcasting.
Free movement of services: additional consultations in the EU
