International Internet Magazine. Baltic States news & analytics
Saturday, 01.08.2015, 00:25
Britain's leading sports retailed Sports Direct will unveil its first shop in Latvia at the ''Olimpia'' shopping mall in Riga tomorrow, the shopping center's spokeswoman Zane Sulca informed LETA.
Keyword tags: EU – Baltic States, Good for Business, Latvia, Markets and Companies, Retail
The European Commission is aware of the challenges faced by EU’s agro-producers and is expected to provide assistance. EU farmers will get support for dairy, fruit and vegetables sectors affected by the Russian ban: safety measures will be extended into 2016.
Sanctions against Russia, which were introduced one year ago, have proven to be efficient and sent very clear signals in Russia and in the international arena, says Lithuanian President Dalia Grybauskaite, stressing that Russia continues to act as an aggressor, reports LETA/ELTA.
Spelling of Lithuanian first and last names in non-Lithuanian characters has not been made legal yet, but courts are already issuing rulings, which allow spelling one's name with the letter W, reports LETA/ELTA, referring to Vakaro zinios.
Estonian casino operator OEG group company Jackpot Game S.r.l. has acquired business activity of operating two VLT slot casinos from the Italian VLT casino operator Pasquale Di Gaetano – Judica Concetta and sons sas, OEG informed the Tallinn Stock Exchange, cites LETA.
The European Union will continue providing support into next year for farmers hard-hit by a Russian ban on European food exports, the bloc's executive said on July 30th, 2015, cites DPA/LETA.
The Board of the Bank of Lithuania decided to issue an insurance business licence for the private limited liability insurance undertaking Compensa Vienna Insurance Group, UADB in the process of foundation, which entitles to engage in the activities of insurance classes within the non-life insurance branch and of compulsory insurance, reported LETA/ELTA, referring to Lithuania's central bank.
The first and biggest mail-order department store in Estonia, Anttila Eesti, will be closed and the company will be liquidated, LETA/Äripäev.ee writes.
At the moment, Greece must evaluate sustainability of various expenditures, including pensions and defense spending, the European Commission Vice President and Commissioner for the Euro and Social Dialogue Valdis Dombrovskis (Unity) said in an interview with LETA.
Estonia's national carrier Estonian Air will replace its Embraer 170 planes with Bombardier CRJ-700 aircraft in the coming months, LETA/Postimees reports.
The good days are coming to an end: as Lithuania's development level is rising and catching up with the EU's average rate, the EU's support after 2020 will probably decrease sharply, reports LETA/ELTA, referring to Vakaro zinios.
Austrian Airlines signed a new cooperation agreement with Estonia's national carrier Estonian Air, according to which two Estonian Air aircraft will service Austrian Airlines flights, mainly flying to Eastern Europe, LETA/Postimees Online reports.
Latvia may pay dearly if it fails to show solidarity in sharing the burden of refugees in the European Union, Foreign Minister Edgars Rinkevics (Unity) said on his Facebook page.
Next week, the arrested vessels of Lithuanian Shipping Company (LSC) are expected to receive first money transfers, said Lithuanian Prime Minister Algirdas Butkevicius on July 28th, reports LETA/ELTA.
Baiba Rubesa will be appointed chairwoman of the board at the joint-stock company RB Rail, a joint venture of the Baltic countries set up for implementation of the Rail Baltica railroad project, reports LETA.