International Internet Magazine. Baltic States news & analytics
Tuesday, 21.02.2017, 23:03
Stova, a Lithuanian company that provides car parking services under the UniPark brand, has purchased Citypark Eesti, the owner of around 6,500 parking spaces in Tallinn, reports LETA/BNS.
Keyword tags: Estonia, Good for Business, Lithuania, Markets and Companies, Transport
The municipal water supplier Vilniaus Vandenys (Vilnius Water) sold its headquarters in Vilnius' Old Town to the Danish-owned property developer Asgaard Property for 3.9 mln euros in an auction on Tuesday.
Latvian banks' profitability figure is higher than in the European Union on average, Peteris Putnins, chairman of the Financial and Capital Market Commission (FCMC), said at a news conference today citing LETA.
The Estonian software company Helmes has won a framework tender for information systems development of the Organization for Economic Cooperation and Development, reports LETA/BNS.
According to data of the Estonian Renewable Energy Association, new renewable electricity capacity added last year totaled 42.19 megawatts or approximately as much as in three preceding years combined, and investments in renewable energy amounted to 70 mln euros.
Orkla Confectionery&Snacks Latvija has increased exports of Maigums zephyrs to 52 percent of the zephyr output, and the increase has been ensured by rise of sales in such markets as Israel, Ireland and Greece, the company reported LETA.
Latvian dairy company Baltic Dairy Board in mid-February has sent its first shipment of first milk protein concentrate to the US, the company said in a statement to the Nasdaq Riga stock exchange.
Alongside Gazprombank-controlled Cryogas, which supplies LNG to Eesti Gaas, LNG Gorskaya, a relatively small privately-owned Russian energy company, is entering the Baltic LNG sector with plans to build small-scale LNG terminals around the Baltic Sea to deliver fuel to ships sailing in the sea, the business daily Verslo Zinios reported on Friday writes LETA/BNS.
Riga International Airport is up and running as normal again after the airport's work was halted when an aircraft skidded on a runway before takeoff earlier today.
Belarus for the first time has purchased a batch of oil from Iran, and possibly it might be delivered via Latvia’s Ventspils port, Reuters learned from unofficial sources, writes LETA.
Tieto Latvia IT company has developed national level instant payments platform for Kenya, BC learned from the company.
The Estonian telecommunications company Levikom is upgrading its NORAnet network to start offering internet of things (IoT) connectivity services with radio access, including geolocation services, in spring.
The boat builder Baltic Workboats based on Estonia's largest island of Saaremaa raised the wages of its production personnel by close to 25% at the beginning of this year. reprots LETA/BNS.
Estonia climbed from ninth to sixth place on the Heritage Foundation and Wall Street Journal (WSJ) 2017 index of economic freedom published on Wednesday writes LETA/BNS.
Hyperloop One views the Baltic region as an excellent market and believes that it would be easy to link up Estonia to the Hyperloop transportation link being built in Finland, Alan James, vice president of Hyperloop One, said LETA/BNS.