Good for Business

International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2019, 07:25

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Latvian unit of Lithuanian wholesaler Eugesta eyeing Estonian coffee seller Kafo Eesti

Latvian unit of Lithuanian wholesaler Eugesta eyeing Estonian coffee seller Kafo Eesti

24.04.2019

The Latvian unit of the Lithuanian wholesale group Eugesta is planning to buy the Estonian seller of coffee dispensing machines and coffee Kafo Eesti, reported LETA/BNS.

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



Lithuania's Scapa Baltic plans to build factory in Belarus

Lithuania's Scapa Baltic plans to build factory in Belarus

24.04.2019

Swedish-owned Lithuanian soft leather and tapestry furniture manufacturer Scapa Baltic is planning to build a factory in Belarus, according the business daily Verslo Zinios reported LETA/BNS.

Estonia Leedo planning to open 2nd wooden house factory in China

Estonia Leedo planning to open 2nd wooden house factory in China

24.04.2019

Saaremaa Houses, a subsidiary of the company Saare Erek belonging to Saaremaa-based businessman Vjatseslav Leedo, is planning to open a second plant for the manufacture of wooden houses in China, according regional newspaper Saarte Haal reported LETA/BNS.


Estonia: Bolt planning to go public in 3-5 years

Estonia: Bolt planning to go public in 3-5 years

23.04.2019

Just like its US rivals Lyft and Uber, the ride-hailing platform Bolt is planning to go public in three to five years, the company's CEO Markus Villig told the New York Times, citing LETA/BNS.

ECB Governing Council to hold its June monetary policy meeting in Vilnius

ECB Governing Council to hold its June monetary policy meeting in Vilnius

23.04.2019

Vilnius will for the first time host an external meeting of the Governing Council of the European Central Bank (ECB) on June 5 and 6, the Bank of Lithuania said.


23.04.2019

Estonia: Tulika Takso to buy 40 hybrid cars for EUR 800,000

stonian taxi operator Tulika Takso is about to acquire 40 brand new hybrid cars for an estimated 800,000 euros this year as part of a plan to have its 300-strong car fleet fully transition to alternative fuels by the end of 2020, informed LETA/BNS.

23.04.2019

1st cruise ship of 2019 season to visit Estonia on Saturday

This season's first cruise vessel, which launched its journey from Warnemunde near Rostock on Sunday, is to visit Tallinn on Saturday, reported LETA/BNS.

18.04.2019

Presidents of Estonia, Russia discuss bilateral relations

Estonian President Kersti Kaljulaid met with Russian President Vladimir Putin in Moscow on Thursday, the main topics of the meeting included bilateral relations, economic cooperation and the wider international situation, informed LETA/BNS.

18.04.2019

Skeleton Technologies to invest EUR 25 mln in plant in Saxony

Skeleton Technologies, a company of Estonian origin that is a global leader in graphene-based ultracapacitors and energy-storage systems, is to invest 25 mln euros in its plant in the German state of Saxony, reported LETA/BNS.

18.04.2019

Freight handling by Estonian ports up 11 pct on year in March

Estonian ports handled 3.3 million tons of cargo in March 2019, 11.1 percent more than during the same month last year, Statistics Estonia said.

18.04.2019

Estonia's Bolt starts business in St. Petersburg

The Tallinn-based ride-sharing platform Bolt launched business in the Russian city of St. Petersburg on Thursday, informed LETA/BNS.

18.04.2019

Merko Ehitus to build Laima chocolate factory in Latvia

SIA Merks, part of the listed Estonian builder Merko Ehitus, has entered into a construction contract with SIA Orkla Confectionery & Snacks Latvija for the new Laima chocolate factory construction works in Latvia, Adazi county, Birznieki, informed LETA/BNS.

18.04.2019

Riga Central Market plans to invest EUR 25 mln in development in five years

Rigas Centraltirgus (Riga Central Market, RCT), municipal market operator, in the coming five years plans to invest about EUR 25 mln in development of the market territory, LETA learned.

17.04.2019

Lithuanian airports see their passenger, cargo volumes rise this year

Lithuania's state run airport operator Lietuvos Oro Uostai (Lithuanian Airports) serviced 13,400 flights and over 1.32 mln passengers in the first quarter, up 3% and 7% respectively from the same period last year, informed LETA/BNS.

17.04.2019

Operator of Tallinn-St Petersburg bus line keen to launch route to Kiev

The company Baltic Shuttle which at present operates a regular bus service between Tallinn and St. Petersburg wishes to launch a daily Tallinn-Kiev-Tallinn bus service with partners, informed LETA/BNS.

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