Good for Business

International Internet Magazine. Baltic States news & analytics Sunday, 26.02.2017, 07:26

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Finnair ranks as No 1 user of Lithuanian airspace in 2016

Finnair ranks as No 1 user of Lithuanian airspace in 2016

24.02.2017

Finland's Finnair, Latvia's Air Baltic, Russia's Aeroflot and Germany's Lufthansa were the top users of Lithuanian airspace in 2016, according to figures from Oro Navigacija (Air Navigation), writes LETA/BNS.

Keyword tags: Airport, Good for Business, Lithuania



airBaltic to launch Riga – Abu Dhabi service

airBaltic to launch Riga – Abu Dhabi service

24.02.2017

The Latvian airline airBaltic in cooperation with Etihad Airways, the national airline of the United Arab Emirates (UAE), will launch a direct service between Riga and Abu Dhabi on October 29, 2017, airBaltic representative informed BC.

BAA Training starts providing Embraer 190 type rating training for Israeli pilots

BAA Training starts providing Embraer 190 type rating training for Israeli pilots

24.02.2017

Global aviation training provider, BAA Training, has recently expanded its list of aviation approvals by receiving a certificate from the Civil Aviation Authority of Israel (CAAI). According to the document, BAA Training complies with Israel Aviation Authority’s regulations and is empowered to operate as an Approved Training organization providing an Embraer 190 type rating course for Israeli pilots.


Lithuanian bank plans no basic payment services basket for banks' business clients

Lithuanian bank plans no basic payment services basket for banks' business clients

24.02.2017

The Lithuanian central bank does not plan to require that banks offer a basket of basic payment services at a regulated fee to their business customers, the daily Lietuvos Zinios reported on Friday.

Manchester Mercantile court rules in favour of Baltic International Bank to pay him almost half a million pounds from the Oyston family

Manchester Mercantile court rules in favour of Baltic International Bank to pay him almost half a million pounds from the Oyston family

23.02.2017

At the court hearing today in Manchester judgment was given in favor of Valeri Belokon in his dispute against Oyston family. The court action was raised by Baltic International Bank, BIB representative told BC.


23.02.2017

Lithuania's Lietuvos Gelezinkeliai to unify tariffs for port handling firms

The new leadership of the state-run Lietuvos Gelezinkeliai (Lithuanian Railways, or LG) is set to shortly revise the pricing applied to the Klaipeda port handling companies and unify the tariffs, reports LETA/BNS.

23.02.2017

Prices of standard-design apartments in Riga grow 7.6% in 2016

Prices of standard-design apartments in Riga rose by 7.6% last year to EUR 706 per square meter on average, said Arco Real Estate board member Maris Laukalejs in a press conference on Thursday writes LETA/BNS.

23.02.2017

Nord Stream 2 Awards Pipelay Contract to Allseas

Offshore pipelay capacities secured for both line.Further important milestone for the Nord Stream 2 project. Dynamically-positioned vessels will operate without anchors for environmental protection in the Baltic Sea.

23.02.2017

Commission launches European Enterprise Promotion Awards 2017

oday the European Commission launched the 2017 edition of the European Enterprise Promotion Awards, a competition to reward the most imaginative and successful initiatives from public bodies and public-private partnerships that support entrepreneurship and small and medium-sized enterprises in Europe, EC announced.

22.02.2017

HKScan to increase exports from N Estonia's Rakvere plant to New Zealand

The listed Finnish meat group HKScan is to increase exports from its Rakvere meatpacking factory in northern Estonia to New Zealand to 100 tons a month.

21.02.2017

UniPark buys Citypark Eesti

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.

21.02.2017

Municipal water supplier sells HQ in Vilnius' Old Town for EUR 3.9 mln

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.

21.02.2017

Latvian banks show higher profitability than EU average

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.

20.02.2017

Estonian IT company Helmes wins software tender of OECD

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.

20.02.2017

Renewable energy investments amount to EUR 70 mln in 2016

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.

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