Good for Business

International Internet Magazine. Baltic States news & analytics Tuesday, 16.09.2014, 10:24

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China's Xinhua state news agency opens office in Vilnius

China's Xinhua state news agency opens office in Vilnius

16.09.2014

An office of China's state news agency Xinhua has been officially registered in Vilnius, with a staff of five people working since the beginning of 2014, reports BNS.

Keyword tags: China, Good for Business, Investments, Latvia, Lithuania, Markets and Companies



New free public transportation journey planner app available in Latvia

New free public transportation journey planner app available in Latvia

15.09.2014

Since September 2014, one of the most popular journey planner apps in the emerging markets – TRAFI – is available in Latvia. This free tool provides an opportunity for a quicker and more comfortable journey through Riga, Jelgava and Liepaja by public transportation, by car or on foot – the map shows the best route for each of these modes of transportation, reported BC PR consultant and practitioner Rasa Salina.

In Q2, Lithuanian companies earn 3.7% more y-o-y

In Q2, Lithuanian companies earn 3.7% more y-o-y

15.09.2014

In the second quarter of the year 2014, the income of Lithuanian non-financial companies for goods sold and services rendered amounted to LTL 57.5 billion (EUR 16.6 billion) or by 3.7% more than in the same quarter last year and by 8.9% more than in the first quarter of this year, informed LETA/ELTA, referring to Statistics Lithuania.


Rigas dzirnavnieks begins exports to United Arab Emirates

Rigas dzirnavnieks begins exports to United Arab Emirates

15.09.2014

In order to differentiate export risks and find more stable markets, and taking into account the unpredictable situation in Russia, the grain processing company Rigas dzirnavnieks has begun exporting its products to the United Arab Emirates (UAE), the company's spokesman Zilvinas Pakeltis informed the business portal Nozare.lv, cites LETA.

Air Lituanica to operate flights to London, Edinburgh and Gothenburg during the Christmas season

Air Lituanica to operate flights to London, Edinburgh and Gothenburg during the Christmas season

15.09.2014

During the major holidays of the year – from 19 December to 4 January – the airline Air Lituanica will operate direct flights from Vilnius to London, Edinburgh and Gothenburg, reported BC airline’s press service.

15.09.2014

Lithuania launches modern research vessel in Baltic Sea

On 15 September, a new modern research vessel will be launched in the Baltic Sea. The scientists from Klaipeda University will use the vessel for exploration of all sea components, such as currents, physicochemical properties of seawater, biological objects, seabed, informs LETA/ELTA.

15.09.2014

Latvia's small ports achieve 12.2% increase in cargo turnover in 8 months

Latvia's small ports handled 1.09 million tons of cargo in January-August 2014, 12.2% more than in January-August 2013, when the ports handled 972,000 tons of cargo, according to the Transport Ministry's data, cites LETA/Nozare.lv.

15.09.2014

Tele2 Lithuania sales of tablet PCs double in 2014

The telecommunications company Tele2 Lithuania has managed to increase sales of tablet PCs. Compared to 2013, the volume of sales this year has doubled, reports LETA/ELTA.

12.09.2014

Italians to establish biomedical engineering research centre in Kaunas

Kaunas University of Technology and Italian company Gruppo Fos signed a cooperation agreement on 11 September for the establishment of a biomedical engineering research centre in Santaka Valley, Kaunas, reported BC the pres service of KTU.

12.09.2014

Vilnius accommodated 60.9% foreign tourists in H1 in Lithuania

Statistics Lithuania informs that in the first half of 2014 year-on-year the number of guests increased in accommodation establishments of every county. Compared with the first half of 2013, the number of tourists grew the most in Utena County (77.8%), the least in Alytus County (3.2%), informs LETA/ELTA.

12.09.2014

Latvian ports register 3.9% increase in cargo turnover in January-August

Cargo turnover at Latvian ports reached 50.03 million tons in January-August 2014, 3.9% more than in the same period in 2013, the Transport Ministry's Transit Policy Department informed Nozare.lv, cites LETA.

12.09.2014

New EU transport infrastructure policy: effect for Baltics

The new EU infrastructure policy is aimed at better and efficient transport network among EU-28 states; the budget for new policy triples EU financing to €26 billion during 2014–20. Among nine major transport corridors is the North Sea-Baltic Corridor to connect Eastern Baltic Sea ports with that of the North Sea. It will provide modern road and rail transport links between the three Baltic States, Poland, Germany, the Netherlands and Belgium.

12.09.2014

Rail freight transport in Latvia increases by 2.8% in 8 months

In the first eight months of 2014, the total amount of rail freight increased by 2.8% from the same period in 2013, reaching 38.9 million tons, the Ministry of Transport informed the business portal Nozare.lv, cites LETA.

12.09.2014

Estonian Air to offer wider choice of summer flight destinations in 2015

On 12 September, Estonian national carrier Estonian Air will launch a sales campaign of next year flight destinations including seasonal flights to Paris, Berlin, Nice, Split and Milan. Tickets with special fares are sold until 14 September 2014, reports LETA.

12.09.2014

Hong Kong market opens up for Lithuanian dairy products

Competent authority of Hong Kong Special Administrative Region of the People's Republic of China has officially approved the certificate of importing Lithuanian dairy products, reports LETA/ELTA, referring to Lithuania's State Food and Veterinary Service (VMVT).

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