International Internet Magazine. Baltic States news & analytics
Thursday, 30.03.2017, 19:37
The European Bank for Reconstruction and Development (EBRD) has chosen Agris Preimanis from Latvia as its new director in Kazakhstan, which is one of the bank’s largest countries of operations, the EBRD informed LETA.
Keyword tags: Banks, EU – CIS, Financial Services, Good for Business, Latvia
The Latvian State Revenue Service and the Finance Ministry handed the annual awards to the biggest tax payers in 2016 in a ceremony today.
Estonian-owned real estate investment management company Capital Mill plans to invest 3.3 mln euros in a major renovation of a Rimi store in Vilnius, with YIT Kausta, a leading Lithuanian building company, expected to complete the work by late September, reports LETA/BNS.
Latvian Agricultural Minister Janis Duklavs (Greens/Farmers) and Uzbek Deputy Prime Minister and Minister of Agriculture and Water Resources Zoir Mirzayev in Tashkent signed a memorandum of understanding on cooperation between both countries in agriculture, fishery and forestry, the Latvian Agricultural Ministry reported.
Ringier Axel Springer Media AG on Wednesday acquired 100 percent of the shares in CV Keskus OU, operator of the job classifieds sites cvkeskus.ee in Estonia, cvmarket.lv in Latvia and cvmarket.lt in Lithuania, reports LETA/BNS.
Lithuania's second-biggest city of Kaunas was named the winner of the contest for the European Capital of Culture 2022 title during a ceremony at the Ministry of Culture on Wednesday.
The Estonian state real estate management company RKAS and Fund Ehitus OU signed an agreement on Tuesday whereby Fund Ehitus will build the headquarters of the European Agency for the Operational Management of large-scale IT Systems in the Area of Freedom, Security and Justice (eu-LISA) in Tallinn for more than 8.8 mln euros, reports LETA/BNS.
On 29 March, 2017, the Bank of Lithuania granted a non-restricted Electronic Money Institution (EMI) license to IBS Lithuania, the European branch of Hong Kong-based Fintech company – International Business Settlement Holdings Limited. The newly issued non-restricted EMI license with the EU passporting allows IBS Lithuania to provide electronic money issuance and redemption as well as payment services across all the European Union countries, told Invest Lithuania.
The Estonia-based developer of delivery robots Starship Technologies and the global pizza chain Domino's announced on Wednesday their partnership to begin delivering pizza in selected cities in Germany and the Netherlands this year, informed LETA/BNS.
Latvijas Dzelzcels (Latvian Railway, LDz) rail company reported EUR 35.7 mln in turnover for the first two months of this year, which was a 3 % increase against the same period a year ago, while the company's profit grew 34% y-o-y to EUR 6.4 mln, LETA was told at LDz.
Lux Express on Wednesday announced the acquisition of six brand new Scania Irizar buses, five of which will be put in operation between Tallinn and Riga and one between Tallinn and St. Petersburg, Lux Express representative told BC.
With the new summer flight schedule, Scandinavian Air System (SAS) as of 26 March has launched flights to Copenhagen, the Capital of Denmark, BC was told at Riga Airport.
Russian Sberbank to sell its Ukrainian subsidiary to consortium of investors that includes Latvia’s Norvik Banka
Latvia’s Norvik Banka and its major shareholder Grigory Guselnikov on March 27 signed an agreement on joining a consortium of investors that will acquire Ukrainian Sberbank from its parent company, Russian Sberbank.