International Internet Magazine. Baltic States news & analytics
Tuesday, 11.03.2014, 04:05
47,867 tourists visited the Latvian coastal resort city of Jurmala in 2013, 25,111 tourists or 20.5% more than in 2012, according to the Central Statistical Bureau's data on Jurmala accommodation establishments, writes LETA.
Keyword tags: Baltic States – CIS, EU – Baltic States, Good for Business, Latvia, Tourism
SEB Pank of Estonia held “Innovation Lab 2014”, a workshop for small and medium-sized companies (SME), with the aim of helping SMEs to go to new markets or apply innovative technologies in order to gain more customers and increase their turnover, SEB said in a statement. Workshops will be run in all three of the Baltic States, and a total of 600 innovation-minded SMEs – including 200 in Tallinn – will participate in them, writes LETA.
The consolidated sales of the company for February 2014 amounted to 36.6 million litas (10.6 million euros) – by 52% more as compared to February 2013, the company said in a statement, cites LETA.
Corporation Bentley Systems, the global leader in engineering design systems, will install state-of-the-art software and engineering technology for training of engineers at Vilnius Gediminas Technical University (VGTU), reports LETA/ELTA.
Company group KG Group increased its turnover by 10% in 2013, it reached LTL 1.5 billion (EUR 0.44 billion), informs LETA/ELTA.
UPB Holding, one of the leading groups of industrial companies in Latvia, has registered a subsidiary in London, which is the group's eighth subsidiary abroad, the Dienas Bizness newspaper reports, writes LETA.
More than 113 thousand passengers were served at the Tallinn Airport in February this year, which is 3.9% more than in February last year and the first time in 15 months that the number of passengers grew year-on-year, Äripäev.ee/LETA reports.
The satellite LitSat-1 of the Kaunas University of Technology (KTU) is already successfully controlled form the Earth. On Tuesday, the satellite radio station of KTU established a two-way connection with LitSat-1 for the first time, informs LETA/ELTA.
Several years of close cooperation between the scientists of the University of Tartu and a development partner in France have resulted in the creation of a dietary supplement Reg'Activ Cholesterol in capsules, which contain lactic acid bacteria ME-3 widely known as "the Hellus bacteria", vitamins and other active ingredients. Natural main ingredients will help to correct the cholesterol levels, keep a normal level of homocysteine and protect cells against excessive oxidative stress, reported BC the Tartu University.
Yesterday, on behalf of the Government, Lithuania's Prime Minister Algirdas Butkevicius congratulated the laureates of the Lithuanian Science Award, reports LETA/ELTA.
According to the preliminary data of Statistics Estonia, in 2013 the total profit of the business sector was 3.1 billion euros, which was 5% more than the year earlier. The increase in the enterprise sector’s total profit continued for the fourth year in a row.
From March 22 onwards, the citizens of Latvia will be able to travel visa-free to the United Arab Emirates, the Foreign Ministry's Press and Information Division informed LETA.
Although growth slowed in Estonian exports in 2013, market share increased in the markets of Estonia’s eleven main trading partners a little faster than before in the first three quarters of the year, and was 5.5% bigger over the year, LETA/Eesti Pank announced.
On 3 June 2014, Latvian airline airBaltic will launch a new route between Riga and the Romanian capital of Bucarest, informed BC Janis Vanags, vice president of corporate communications at airBaltic.
In 2013, investment in tangible fixed assets within the territory of the country amounted to LTL 16.6 billion (EUR 4.7 billion) and, compared to 2012, grew by 12.3%, informed LETA/ELTA, referring to the Statistics Lithuania.