Good for Business

International Internet Magazine. Baltic States news & analytics Thursday, 23.03.2017, 12:18

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Danish architects’ design selected for reconstruction of Riga central multimodal transporation hub

Danish architects’ design selected for reconstruction of Riga central multimodal transporation hub

22.03.2017

Reconstruction of the Riga Central Railway Station will be held in line with the design by Danish architects - PLH Arkitekter A/S in cooperation with COWI A/S, said Agnis Driksna, the development and cooperation department director of Eiropas Dzelzcela Linijas, a company involved in Rail Baltica project.

Keyword tags: Construction, EU – Baltic States, Funds, Good for Business, Latvia, Markets and Companies, Railways, Tourism, Transport



Finnish business giant has chosen Vilnius

Finnish business giant has chosen Vilnius

22.03.2017

The arrival of Finland's Outokumpu, Europe's largest stainless steel manufacturer, in Lithuania shows that the country is attractive for investments by big foreign companies, President Dalia Grybauskaite said on Wednesday.

airBaltic boasts 17% growth of passengers in February

airBaltic boasts 17% growth of passengers in February

22.03.2017

The Latvian national airline airBaltic carried 175,851 passengers in February this year, which is a 17 % growth from the same period in 2016, the airline said BC.


Capital of Latvia's private pension funds grows 2.1% in January-February

Capital of Latvia's private pension funds grows 2.1% in January-February

22.03.2017

During the first two months of 2017, Latvia's private pension funds increased their aggregate capital by EUR 7.92 mln or 2.1 % to EUR 388.517 mln, according to the information released by the Latvian Association of Commercial Banks writes LETA.

Estonia wins 3rd prize in the European Big Data Hackathon

Estonia wins 3rd prize in the European Big Data Hackathon

21.03.2017

On 13–15 March in Brussels, the Estonian team won the 3rd prize, after Croatia and France, in the European pean Big Data Hackathon", organised by the European Commission statistical office Eurostat.


21.03.2017

Lithuania's SEB Bankas plans to pay out EUR 123 mln as dividends

SEB Bankas, Lithuania's biggest commercial bank by assets, plans to pay out 123.146 mln euros as dividends, its largest-ever dividend payment, writes LETA/BNS.

20.03.2017

Eesti Gaas sells 1.3 mln cum more natgas in February

AS Eesti Gaas sold 57.7 mln cubic meters of natural gas in February, 1.3 million cubic meters more than in February 2016, reports LETA/BNS.

20.03.2017

Elisa buys Estonian and Finnish operations of Santa Monica Networks Group

Elisa has entered into an agreement with Santa Monica Networks (SMN) Group, a company specializing in secure IT networks and data center solutions, to acquire SMN's companies in Finland and Estonia, writes LETA/BNS.

17.03.2017

Most profitable banks last year - Swedbank, Rietumu Banka and ABLV Bank

Swedbank, Rietumu Banka and ABLV Bank were the most profitable banks operating in Latvia last year, according to the Association of Latvian Commercial Banks' data reports LETA.

17.03.2017

Lithuanian furniture retailer Berry invests over EUR 1 mln in its first store in Latvia

Lithuanian furniture and interior design retailer Berry has invested over EUR 1 mln in its first store in Latvia which will open in Riga in late March, the company announced LETA/BNS.

17.03.2017

Klaipeda continues to lag behind Riga in container traffic

Klaipeda continues to lag behind Riga in terms of container traffic, the Lithuanian seaport's authority said on Friday.

16.03.2017

Swedbank, ABLV Bank and Rietumu Banka unchangingly top list of Latvia's biggest banks

Although the assets of Latvia’s banks servicing foreign clients decreased last year, the Top-three of Latvia’s largest banks by assets remained unchanged and included Swedban, ABLV Bank and Rietumu Banka, according to information provided by the Association of Latvian Commercial Banks writes LETA.

16.03.2017

Eesti Energia: USD 2.1 b Jordan oil shale project secures funding

Attarat Power Company (APCO) has announced that it has reached financial close for the 2.1-billion-U.S.-dollar project to build the first oil shale fired power station and open cast mine in Jordan, reports Eesti Energi.

16.03.2017

Lithuania's Kaunas CHP plant signs EUR 75 mln worth of treaties

Progress has been reported in the Kaunas combined heat and power ( CHP ) plant project that has been subject to heated discussions – 75 million euros worth of contracts were Thursday signed with German, Finnish, French and Czech companies, writes LETA/BNS.

16.03.2017

Latvia’s 3D display manufacturer LightSpace Technologies opens office in Silicon Valley

Latvia’s 3D display manufacturer LightSpace Technologies has opened its 3D image display technology demonstration office in Silicon Valley, San Jose, US, the company’s representatives reported.

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