Good for Business

International Internet Magazine. Baltic States news & analytics Wednesday, 23.09.2020, 19:59

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Grains push Klaipeda port cargo volumes up 11% in August

Grains push Klaipeda port cargo volumes up 11% in August

23.09.2020

The Lithuanian seaport of Klaipeda handled 30.2 million tons of cargo in January-August, 2020, down of 3.5% year-on-year, the port authority said on Wednesday. In August alone, handling volumes increased by 11%, reports LETA/BNS.

Keyword tags: Good for Business, Lithuania, Port, Tourism, Transport



Liepaja to put its name to become European Capital of Culture in 2027

Liepaja to put its name to become European Capital of Culture in 2027

23.09.2020

Liepaja will put its name in the running to become European Capital of Culture in 2027, Liepaja City Council spokeswoman Zita Lazdane told LETA.

UK's Tradecore sets up business in Lithuania

UK's Tradecore sets up business in Lithuania

23.09.2020

Tradecore Group, a UK company providing financial services, has established a company in Lithuania, informs LETA/BNS.


Estonian startup Klaus raises EUR 4.6 mln

Estonian startup Klaus raises EUR 4.6 mln

22.09.2020

Klaus, a software company founded by former Pipedrive employees, raised 4.6 mln euros in a recent investment round, writes LETA/BNS.

Finland's SOL Palvelut buys Lithuania's Ygle Pastatu Valdymas

Finland's SOL Palvelut buys Lithuania's Ygle Pastatu Valdymas

22.09.2020

Finland's property services company SOL Palvelut is buying property services company Ygle Pastatu Valdymas (YPV) from BaltCap Lithuania SME Fund and Agne Grendele, the fund said.


22.09.2020

Luminor lends EUR 2 mln for plastic packaging plant in Lithuania

Luminor Bank has loaned 1.9 million euros for the construction of a new plastic packaging plant of Terekas, a Lithuanian company that operates abroad under the FlexBlow brand, in the western district of Kretinga, informs LETA/BNS.

22.09.2020

EBV Finance setting up operations center in Lithuania

EBV Finance, a Vilnius-based tax refund services provider, is setting up an operations center in Lithuania after becoming part of the global corporation Edenred, informs LETA/BNS.

22.09.2020

Merzlikins becomes first Latvian hockey player to be named to NHL All-Rookie Team

The Columbus Blue Jackets goaltender Elvis Merzlikins has become the first Latvian hockey player to be named to the NHL's All-Rookie Team, informs LETA.

22.09.2020

Estonian company develops technology that detects potholes

Estonian technology company EyeVi Technologies is developing the in-car mapping technology EyeVi, which automatically detects road markings and road surface defects as well as creates accurate maps for driving self-driving cars.

21.09.2020

Freight handling by Estonian ports up 3% in August y-o-y

Estonian ports handled 2.96 million tons of cargoes in August, 3% more than in the same month last year, data available from Statistics Estonia show, cites LETA/BNS.

21.09.2020

Ignitis share to cost EUR 22.5 to 28 at IPO

Starting from September 21, Nasdaq Vilnius will run the Lithuanian state-owned energy group Ignitis Group's share auction as a part of its initial public offering (IPO), during which approximately 470.3 to 585.2 mln euros' worth of shares will be listed and the price range of a share is 22.5 to 28 euros.

21.09.2020

Latvian startups attract investments worth EUR 13 mln in eight months

In the first eight months of this year, Latvian startups attracted investments worth EUR 13 mln, said Diana Lace-Davidova, the executive direction of the Latvian association of startups, Startin.lv, in a forum today, referred LETA.

21.09.2020

Estonia seeking to reduce CO2 emissions by up to 38% by 2035

Estonia wishes to reduce carbon dioxide emissions by 23 to 38% by 2035, while the end consumption of energy by transport would not increase and the share of renewable energy in it would be at least 22.7%, it appears from the initial version of the country's new transport and mobility development plan for 2021-2035, cites LETA/BNS.

21.09.2020

Freight volumes up 0.6% in Lithuania in H1

Some 81.3 million tons of freight were transported in Lithuania by all means of transport in the first half of 2020, up 0.6% from January-June, 2019, writes LETA/BNS.

21.09.2020

Harju Elekter in Sweden to upgrade electrical substation for EUR 3.5 mln

The Swedish subsidiary of listed Estonian electrical equipment manufacturer Harju Elekter Group, SEBAB AB, signed a 3.5 million euro electrical project contract with the administrative body Region Stockholm, which is responsible for public transport; the contract will be the basis for the major refurbishment of the Slussen metro station's substation, informs LETA/BNS.

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