International Internet Magazine. Baltic States news & analytics
Sunday, 23.10.2016, 10:52
The Russian state-owned rail company, Russian Railways, will introduce a 25 % discount on transit shipments of oil products from Belarusian refineries to Russia’s north-western ports, making its rail transit charges similar to that of Baltic ports, writes LETA/BNS according to Interfax information.
As Russian railway companies plan on getting the Belarusian oil cargo from the Baltic states and divert them to the Gulf of Finland, Lithuania's state-run railway company Lietuvos Gelezinkeliai (Lithuanian Railways, or LG) expects to keep the freight volume at the current level, informs LETA/BNS.
Estonian defense contractor Threod Systems has won internal security tenders in Greece, Cyprus and Kazakhstan, and plans to start offering its products in Ukraine and Indonesia in the future, according to Eesti Paevaleht reports writes LETA/BNS.
Klaipedos Nafta (Klaipeda Oil), the Lithuanian state-controlled oil loading company, has signed a long-term three-year fuel oil loading contract with the Belarusian oil company Belorusskaya Neftyanaya Kompaniya (Belarusian Oil Company, or BNK ), reports LETA/BNS.
I International Fruit and Vegetable Fair will be held at JSC "Uzexpocentre" from 8 to 10 November 2016 in Tashkent. The fair is organized by the HC Uzbekozikovkatholding, HC Uzvinosanoat-Holding, the Association "Uzbekozikovkatzahira", JSC Uzagroeksport and LLC "Directorate of International fruit and vegetable fair." , Press Service of Holding Company Uzbekozikovkatholding said BC.
Lithuania will start lacking electricity in just over a decade and power interconnections will not be enough, if no changes are made, says Energy Minister Rokas Masiulis, adding that the country should consider construction of gas-powered or nuclear plants, reported LETA/BNS.
The state will have to provide co-financing of approximately EUR 100 mln for implementation of the rail electrification project, as Latvijas Dzelzcels railroad company's head Edvins Berzins said in an interview with LNT television, writes LETA.
The price of electricity in Nord Pool Spot's Lithuanian bidding area last week averaged 38.4 euros per megawatt-hour, up by 1.4% from a week earlier, but down by 40% from a year earlier, Litgrid said on Monday.
Preliminary consolidated results of Latvia's Olainfarm pharmaceutical company for September 2016 show that sales of the company were EUR 8.21 mln, which represents a 2% increase compared to the same period of 2015, according to the information submitted to the Nasdaq Riga stock exchange.
The Vilnius court hearing a trial of the January 13 attempted coup has decided to question former president of the Soviet Union, Mikhail Gorbachev.The information was confirmed to LETA/BNS by Robertas Povilaitis, victim in the case who has lost his father Apolinaras Povilaitis in the 1991 developments and who is present in court hearings.
Replication of the Crimean scenario in the Baltic states is not possible, furthermore, separatist sentiment is completely absent in the region, Russian Ambassador to Estonia Alexander Petrov cites LETA/BNS.
The state owned Estonian energy generating group Eesti Energia has sold the combined heat and power (CHP) production equipment of the plant it built for the rapeseed oil producer Werol to a buyer based in Russia, reports LETA/BNS.
Despite a decline in exports to Russia, the country remains Lithuania's key export partner amid falling exports to other markets, SEB Bankas' economist Gitanas Nauseda said LETA/BNS on Friday.
Latvian electronic services provider Lattelecom and Ukraine's largest fixed-line telecommunications and Internet provider Ukrtelekom have signed a cooperation agreement which will enable the customers of the Ukrainian company to rent public cloud services from Lattelecom's data center Dattum in Riga, Lattelecom said LETA.
The Russian Defense Ministry on Saturday confirmed deployment of Iskander-M missile systems to the Baltic Sea exclave of Kaliningrad, writes LETA/BNS according to Interfax.