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Saturday, 22.10.2016, 08:12
Court rules regulator had no reason to make Latvijas Gaze ensure third-party access to infrastructure21.10.2016
The Public Utilities Commission had no reason to issue a regulation obliging Latvijas Gaze natural gas utility to allow third parties, including Latvenergo power utility, to access its gas transmission, distribution and supply infrastructure, the Administrative Regional Court ruled today, writes LETA.
Keyword tags: Gas, Gas Market , Good for Business, Latvia, Legislation, Transport
Estonian defense contractor Threod Systems has won internal security tenders in Greece, Cyprus and Kazakhstan, and plans to start offering its products in Ukraine and Indonesia in the future, according to Eesti Paevaleht reports writes LETA/BNS.
Lithuania's state-run companies posted 137.499 mln euros in an aggregate normalized profit (net profit excluding property and commodity taxes payable to the state) in January through September 2016, up by 18.9%, from 115.602 mln euros, from the same period of 2015, reports LETA/BNS.
During the first nine months of this year SEB Group generated EUR 42.8 mln in Latvian profit, up 53% against the same period a year ago, the bank's spokeswoman Kristine Martinsone informed BC.
The first pilot train left China for Riga today, the Transport Ministry informed BC.
Latvia's Norvik Banka posted audited profit of EUR 7.7 mln for the first half of 2016, which is a 33% growth compared to the first six months in 2015, board chairman Oliver Bramwell told the press on Thursday, informs LETA.
Estonian natural gas seller Eesti Gaas sold 328 mln cubic meters of gas in nine months of 2016, an increase of 18 % compared to 277 mln cubic meters a year ago, informs LETA/BNS.
Klaipedos Nafta (Klaipeda Oil), the Lithuanian state-controlled oil loading company, has signed a long-term three-year fuel oil loading contract with the Belarusian oil company Belorusskaya Neftyanaya Kompaniya (Belarusian Oil Company, or BNK ), reports LETA/BNS.
New sales of Estonian leasing companies in the first nine months of 2016 totaled 840 mln euros, representing an increase of 23.7% against the same period last year, writes LETA/BNS.
SIA Merks, Latvian subsidiary of the listed Estonian construction group Merko Ehitus, is slated to start building a seven-story apartment building in Riga in October, Merko informed the stock exchange .
Latvia's building materials and household goods chain Depo is looking to open its first store in Klaipeda by this Christmas with plans to open four more stores in other Lithuanian cities in late 2017, which means that the Latvian retailer is unlikely to have any major impact on the market until 2018, according to Verslo Zinios reported LETA/BNS on Thursday.
Lithuania plans to spend over 170 mln euros on information and communication technology (ICT) development over the next three years, with a large portion of the money to go toward making various public and administrative services available online, writes LETA/BNS.
Lithuania's regulator has given the green light for merging the mobile operator Omnitel into the integrated telecoms, IT and TV services provider Teo LT, informs LETA/BNS.
Latvia’s Milda KM food processing company has started exports to Australia and has sent the first shipment of canned grey peas to this country, the company’s representative Elina Cape reported LETA.
Lithuania will until 2020 use a new tourism brand to market itself to foreign tourists, reports LETA/BNS.