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