International Internet Magazine. Baltic States news & analytics
Thursday, 28.07.2016, 21:18
Russian company Yandex which offers internet services is planning to enter the Baltic countries, Kazakhstan and Georgia with its taxi-hailing app Yandex.Taxi,write LETA/BNS according to Interfax information.
Keyword tags: Baltic States – CIS, Russia, Technology, Transport
The turnover of the Estonian producer of insulating foams and sealants Krimelte fell 11.8 % to 84.1 mln euros last year after a 17.8% growth in 2014, reports LETA.
Latvian IT wholesaler Eko Grupa has become an authorized reseller of Lenovo notebooks in Russia, the company’s representatives informed LETA.
Economies need energy to grow. Europe’s demand for natural gas imports in particular will continue to rise for the foreseeable future as domestic supplies dwindle.
12-14 of July 2016 at the National Exhibition Complex Uzexpocentre in Tashkent will be held 1st International Fruit and Vegetable Fair.
Contraband cigarettes in Latvia account for 23.8% of the market. In Lithuania, in the second quarter of the year 2016, illegal cigarettes accounted for 17.7% of the market and in Estonia – 15%, informs LETA, according to the latest "empty pack survey" conducted by Nielsen market research company.
The XII International Uzbek Cotton & Textile Fair and Conference will take place on 12-13 October 2016 in Tashkent.
According to a study conducted by KPMG, the illicit cigarette trade caused a loss of 31 million euros to Estonia in 2015, while the share of black market cigarettes in total consumption fell by 4.1%age points to 14.4%, informs LETA/BNS.
Russian President Vladimir Putin on June 29th extended the Russian embargo on food imports from EU member states and other countries to the end of 2017, reports INTERFAX/LETA.
Lithuania's media watchdog has cancelled restrictions on two Russian-language TV channels after signals from the European Commission that the sanctions may run counter to EU legislation, reports LETA/BNS.
The Saeima Mandates, Ethics and Submissions Committee on June 29th rejected a public initiative calling for restoration of the original Victory Square in the Latvian capital Riga, the parliamentary press service informed LETA.
New data published by the Central Bank of the Russian Federation show that overseas remittances for real estate purchases are still shrinking. The total volume of transfers was down 30% year-on-year, checking in at just USD 199 million, compared to USD 281 million in Q1 2015. This marks a new low for Russian overseas property investments since records first started in 2009, after just USD 178 million left the country between January and March.
As the EUR 22 million worth project for modernization of diesel trains for Latvia’s Pasazieru Vilciens passenger train company will not be completed also by the extended deadline on June 30, the Latvian government today granted another extension until September 20, 2016, informs LETA.
The Lithuanian capital has scrapped plans to build the so-called Vilnius House in Moscow and is set to liquidate its subsidiary responsible for the project, the daily Lietuvos Zinios reported on Tuesday, cites LETA/BNS.
Inspectors of Russian and Kazakh food safety institutions are auditing four Estonian fish processing enterprises from June 27th to July 1st, 2016, reports LETA/BNS.