Good for Business

International Internet Magazine. Baltic States news & analytics Tuesday, 24.01.2017, 07:07

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MG Valda to invest EUR 14 mln in Apranga's new office and logistics center in Vilnius

MG Valda to invest EUR 14 mln in Apranga's new office and logistics center in Vilnius

23.01.2017

Apranga, the Baltics' leading clothing retailer that is controlled by MG Baltic, is building a new office and logistics center in the northern part of Vilnius, close to the city's new western bypass, with MG Valda, the developer of the Vilnius Business Park where the center will be located, set to invest 14 mln euros in the project, writes LETA/BNS.

Keyword tags: Baltic, Good for Business, Investments, Logistics, Markets and Companies, Real Estate



Nasdaq calls shareholder e-voting tests based on blockchain technology a success

Nasdaq calls shareholder e-voting tests based on blockchain technology a success

23.01.2017

Nasdaq Baltic has conducted the first successful tests of a blockchain technology based service enabling shareholders of companies listed on Nasdaq Tallinn to vote at a general meeting of shareholders without being physically present at the meeting.

Latvia exports and imports more particle boards in 2016

Latvia exports and imports more particle boards in 2016

22.01.2017

The value of particle boards exported from Latvia in January-November last year was EUR 146.175 mln - 11.9% more than in the first eleven months of 2015 when Latvia exported particle boards worth EUR 130.659 mln, according to the Agriculture Ministry's Forest Department writes LETA.


Lithuanian Government greenlights police infrastructure PPP projects in Kaunas and Panevezys

Lithuanian Government greenlights police infrastructure PPP projects in Kaunas and Panevezys

20.01.2017

On the 18th of January, Lithuania's Cabinet of Ministers approved two separate PPP police infrastructure projects in Kaunas and Panevezys. The approval gives a green light to the Police Department under the Ministry of the Interior to commence tendering procedures as soon as the necessary preparations have been completed.

Estonian Harju Elekter stands to make EUR 25.8 mln from sale of PKC shares

Estonian Harju Elekter stands to make EUR 25.8 mln from sale of PKC shares

20.01.2017

f the listed Estonian electrical equipment maker Harju Elekter accepted Indian Motherson Sumi's offer for PKC shares it would earn 25.8 mln euros from the transaction, reports LETA/BNS.


19.01.2017

Riga and Minsk to make joint bid for hosting 2021 World Ice-Hockey Championship

Latvian capital Riga and Belarus capital Minsk will make a joint bid for hosting the 2021 World Ice-Hockey Championship.

18.01.2017

Rimi Baltic retailer to announce EUR 75 mln logistics center project

Rimi Baltic retail company is set to announce next week a new project providing for construction of a logistics center for EUR 75 mln, the company's representatives said LETA.

18.01.2017

Estonian official discusses cooperation in e-governance in UAE

During a visit that ended on Wednesday, Vaino Reinart, deputy secretary general of the Estonian Foreign Ministry for economic affairs and development cooperation, discussed with officials of the United Arab Emirates (UAE) promoting economic relations between the countries and potental cooperation in developing e-governance, reports LETA/BNS.

18.01.2017

Lithuania's Arvi Kalakutai launches EUR 30 mln turkey product complex in Belarus

Arvi Kalakutai, a turkey meat product manufacturing and trade arm of Arvi ir Ko, a Lithuanian business group owned by Vidmantas Kucinskas, has launched a 30-million-euro complex in Belarus, reports LETA/BNS.

18.01.2017

International license of Estonia's Lux Express restored by Russian authorities

Russian authorities have restored the international carrier license of Russian bus company ZAO Evrolains, which belongs to Estonia's Lux Express Grupp, which was suddenly suspended at the start of the year, informs LETA/BNS.

18.01.2017

Latvia’s Aloja Starkelsen starch maker has made first shipments to South Korea

The Swedish-owned Latvian potato starch maker Aloja Starkelsen this year has already sent the first test shipments to South Korea, the company’s board member Janis Garancs told LETA.

18.01.2017

Estonian/US startup Pipedrive gets USD 17 mln capital injection

Pipedrive, a company headquartered in Palo Alto, the U.S.A. whose development office is located in the Estonian capital Tallinn, has closed 17 million U.S. dollars in Series B funding, Techcrunch reports.

18.01.2017

Tele2 partners up with Vodafone to provide services to corporate clients in Latvia, Lithuania, Sweden

Swedish telecommunications operator Tele2 and British mobile operator Vodafone have concluded a partnership agreement to provide services to global and multinational companies in Latvia, Lithuania and Sweden, Tele2 representatives told BC.

17.01.2017

Lithuanian dairy Vilkyskiu Pienine exports 1st shipment to China

Vilkyskiu Pienine, one of Lithuania's largest dairy companies, has sent the first shipment of its products to China, becoming the first Lithuanian dairy to export to China – the cargo of 20 t of mozzarella should reach the Chinese market within about a month, reports LETA/BNS.

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