International Internet Magazine. Baltic States news & analytics
Thursday, 23.03.2017, 12:18
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
Klaipeda continues to lag behind Riga in terms of container traffic, the Lithuanian seaport's authority said on Friday.
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.
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.
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.
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.