Good for Business

International Internet Magazine. Baltic States news & analytics Monday, 30.03.2015, 10:02

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Tallinna Kaubamaja shareholders receive a hefty dividend income in 2015

Tallinna Kaubamaja shareholders receive a hefty dividend income in 2015

30.03.2015

Tallinna Kaubamaja (Tallinn Department Store) general meeting of shareholders approved dividends of 40 cents per share in 2015, or 25 cents more than last year, LETA/Delfi Ärileht reports.

Keyword tags: Estonia, Financial Services, Good for Business, Markets and Companies, Retail



Passenger lists at Tallinn-St Petersburg railway line become finally digital

Passenger lists at Tallinn-St Petersburg railway line become finally digital

27.03.2015

Software created by the Estonian Ministry of Internal Affairs Information Technology and Development Centre (SMIT) enables scanning documents of train passengers directly to a data information system starting March 2015 on the Tallinn-St Petersburg-Tallinn train route, which means that the handwritten lists that were used for border control for 20 years are finally replaced with a digital system, LETA/Public Broadcasting reports.

National Library named Latvia's best new public facility in 2014

National Library named Latvia's best new public facility in 2014

27.03.2015

The new Latvian National Library building has been named the best public facility in Latvia in 2014 by the Latvian Builders Association, as the association's representative Aija Zule told LETA.


Riga High Tech University collaborates with GSVlabs to accelerate Latvian startups in Silicon Valley

Riga High Tech University collaborates with GSVlabs to accelerate Latvian startups in Silicon Valley

27.03.2015

Silicon Valley-based accelerator GSVlabs and Riga High Tech University (RHTU) (Riga, Latvia) announce today a partnership to accelerate Latvian tech startups in Silicon Valley.

Estonians and Lithuanians win prefabricated wooden house architecture competition

Estonians and Lithuanians win prefabricated wooden house architecture competition

27.03.2015

The winners of the architecture competition organized by web-based architecture marketplace Katus.eu for prefabricated wooden houses were revealed this week in Tallinn, Estonia. The winning design for the Stavanger development site in Norway came from Estonian architecture firm ARS Projekt (Rasmus Tamme, Reio Raudsepp, Rene Safin, Evelin Eelmaa, Joonas Saan, Kristjan Männigo, Kristina Oolu, Karolin Kõll) and the winning design for the Ülenurme site near Tartu, Estonia came from the Lithuanian firm Paleka Archstudija (Rolandas Palekas, Dalia Zakaite, Mantas Skirmantas).

27.03.2015

3 new airlines come to Riga Airport in the summer season

With the summer flight schedule setting in at Riga International Airport (from 29 March, 2015), the airline SAS will return to the airport and Ukraine International Airlines and Swiss International Air Lines will start operations. The national carrier airBaltic will open several new destinations, reports BC airport’s press service.

27.03.2015

Portable underground bomb shelter built by Estonians arouses interest in the world

A sturdy plastic bomb shelter created by an Estonian military technology company has attracted worldwide interest and serious negotiations are ongoing with several countries, LETA/Eesti Päevaleht writes.

27.03.2015

World’s largest climate data provider to set up R&D unit in Vilnius

StormGeo, the biggest global provider of decision support solutions and services for weather-sensitive operations for the oil and gas, wind energy and shipping industries, is establishing a product development office in Vilnius, reports BC Invest Lithuania.

26.03.2015

In January-February, cargo handling in the Baltic Eastern Coast Seaports increased by 3.2%

In January-February 2015, the overall cargo handling in the Baltic Eastern Coast Seaports totalled 60 585,0 thou. tn; the year-on-year change is +3,2% or +1 879,8 thou. tn, reports BC Klaipeda port’s press service.

26.03.2015

Lithuanian government allocates EUR 150,000 for search of new markets

The Lithuanian Government managed to find additional funding to facilitate the search of new export markets and business partners, informs LETA/ELTA.

26.03.2015

Cargo turnover at Klaipeda Seaport grew by 10.4%

Successful implementation of investment projects accounting approximately for 90% is one of the factors helping Klaipeda Seaport to win in the competitive struggle. Within the period of January – February of 2015 the turnover of Klaipeda Seaport cargo handling increased as many as by 10,4% – totally 6,04 mln tn, i.e. more by 568,1 thou. tn comparing with January – February of 2014 were handled, reports BC port’s press service.

26.03.2015

EUR 80 mln support from EU to be provided for Latvian companies' modernization

Companies will have access to EUR 80 million for modernization purposes as part of the European Union's (EU) funding program for the period until 2020, the Economy Ministry informed LETA.

26.03.2015

New routes for airBaltic in summer 2015

For the summer season, starting on March 29, the Latvian national airline airBaltic has introduced nine new routes and improved its schedule of flights linking the Baltic region with Europe, the Middle East, and the CIS, reports BC Janis Vanags.

26.03.2015

Lithuanian Film Centre granted EUR 32,700 for the pre-production of 2 films

The Lithuanian Film Centre (LKC) granted EUR 32,700 of state funding for the pre-production of two films. This concludes the first competition for state funding of 2015, the Centre reported BC.

26.03.2015

Latvian Association of Building Material Producers turns over EUR 551.65 mln in 2014

The total turnover of 18 members of the Latvian Association of Building Material Producers reached EUR 551.65 million in 2014, reports LETA, according to the association's information.

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