Good for Business

International Internet Magazine. Baltic States news & analytics Tuesday, 22.10.2019, 12:03

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RZD increases discount on transit of coal from Kazakhstan through Baltic ports, Belarus

RZD increases discount on transit of coal from Kazakhstan through Baltic ports, Belarus

21.10.2019

Russian Railways (RZD) has increased its discount on the transit of Kazakh coal through Russia for shipment from ports in Latvia, Lithuania, and Estonia or across the Belarusian-Polish border, as well as the return of empty wagons, informed LETA/BNS- Interfax.

Keyword tags: Belarus, Cargo, Good for Business, Latvia, Port, Railways, Russia, Transport



Estonia: Nordecon to build 1st 2 phases of Kalaranna Quarter for EUR 40 mln

Estonia: Nordecon to build 1st 2 phases of Kalaranna Quarter for EUR 40 mln

21.10.2019

OU Kalaranna Kvartal, a Pro Kapital Grupp group company, and listed Estonian builder Nordecon AS have signed a 40.5 mln euro agreement for the design and construction of the first two phases of the Kalaranna Quarter in Tallinn, Nordecon told the stock exchange.

Estonia's Operail to construct 1st LNG freight locomotive in Baltics

Estonia's Operail to construct 1st LNG freight locomotive in Baltics

21.10.2019

Estonia's state-owned transport and logistics company Operail has entered into a cooperation agreement with the Latvian company DiGas to develop the first cargo-carrying liquefied natural gas (LNG) freight locomotive in the region, reported LETA/'BNS.


Ostapenko wins 3rd WTA title in her career at Luxembourg Open

Ostapenko wins 3rd WTA title in her career at Luxembourg Open

21.10.2019

Latvia's second-ranked women's tennis player Alona Ostapenko on Sunday defeated Germany's Julia Goerges in straight sets in the final match of the Luxembourg Open, reported LETA/BNS.

Operail begins freight transport in Finland

Operail begins freight transport in Finland

18.10.2019

International transport and logistics company Operail has launched a subsidiary in Finland, Operail Finland Oy, and is investing 50 million euros to begin freight transport on Finnish railways, informed Operail representatives.


18.10.2019

H1 output of Estonia's food industry worth EUR 800 mln

Estonian food industry companies produced some 800 million euros' worth of output in the first six moths of 2019, of which one-third was exported, wirtes LETA/BNS.

18.10.2019

Klaipeda leads Baltic ports in terms of cargo traffic for 4th year in a row

The Lithuanian seaport of Klaipeda has posted the best cargo handling figures among all Baltic ports for four successive years now, reported LETA/BNS.

18.10.2019

Latvenergo named Latvia's most valuable company again in 2019

Power utility Latvenergo has been named Latvia's most valuable company for 11th year in a row, according to the latest annual Top 101 of Latvia's most valuable enterprises, writes LETA.

17.10.2019

Latvia: Companies' desire and ability to borrow has reached record heights this year

In 2019, companies' ability and willingness to borrow continued to increase, reaching the highest levels in the past four years as the lending index in the business segment rose from 110 points last year to 114 index points this year, according to the Finance Latvia Association’s Lending Index in the business segment.

17.10.2019

Lithuania: Kamida Group Will Invest 12 mln EUR Into Logistics Center

Kamida Group, a transportation, logistics and agricultural equipment rental service provider, is starting to develop a 15,800 square meter logistics center with a four-story administration complex close to the western bypass in Kaunas. The project, called WESTHUB, will cost 12 mln EUR. It is scheduled to be completed next year, the Kamida group representatives informed BC.

17.10.2019

Latvia: Children born to non-citizens to get citizenzship starting from 2020

The Latvian parliament today in the third or final reading passed the bill proposed by former President Raimonds Vejonis to end non-citizenship status for non-citizens’ children who are born in Latvia starting from January 1, 2020, reported LETA.

17.10.2019

Estonia: Coop Pank's profit up 31% on year in Q3

Coop Pank, which is based on Estonian capital, earned a profit of 1.52 mln euros in the third quarter of this year, which is 31% more than in the same period last year, writes LETA/BNS.

16.10.2019

Estonia: Public transport cards to become usable both in Tallinn, Helsinki in 2021

Mayor of Tallinn Mihhail Kolvart and Deputy mayor of Helsinki Anni Sinnemaki concluded at a meeting held in Helsinki on Tuesday that the capital cities of Estonia and Finland should coordinate their efforts and develop a shared public transport ticketing system, according to the Postimees information reports LETA/BNS.

15.10.2019

Avia Solutions Group acquires Chapman Freeborn

Avia Solutions Group, a global multipurpose aviation holding company owned by Lithuanian businessman Gediminas Ziemelis, has completed the acquisition of 100% of the shareholding in UK-headquartered Chapman Freeborn Group, informed LETA/BNS.

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