International Internet Magazine. Baltic States news & analytics
Friday, 31.10.2014, 11:05
On October 30th, airBaltic launched a new direct route linking Vilnius and Amsterdam. The flight, which will operate three times a week, offers convenient connections between the two capitals, linking Vilnius via Amsterdam to the rest of the world, and linking Amsterdam to the Baltic Region and beyond through airBaltic’s connections to Scandinavia and the CIS, informed BC Janis Vanags.
Keyword tags: Airport, EU – Baltic States, Good for Business, Lithuania, Transport
Ahlstrom, a high performance fiber-based materials company Ahlstrom, celebrates the inauguration of its Service Center in Vilnius, Lithuania, reports LETA/ELTA.
Estonian state-owned port operator AS Tallinna Sadam (Port of Tallinn) posted an unaudited turnover of 88 million euros and net profit of 34.2 million euros in the first nine months of this year, the company announced, LETA/Postimees Online reports.
Tallinn Airport is among the best airports in Europe, based on the overall airport experience determined by travellers who had taken the site’s 2014 airport survey, reported LETA/Baltic Business News.
Estonian fashion and retail company Baltika informed the Tallinn Stock Exchange that its third-quarter profit in 2014 was 151,000 euros, that is a 763,000 euros improvement compared to continued operations loss of same period in the prior year (-612,000 euros), informs LETA.
Mobile communications operator Bite Latvija (Bite) earnings before interest, taxes, depreciation, and amortization (EBITDA) reached EUR 3.4 million in the third quarter of 2014; this is 23% more than in the respective period of 2013, the company's director Fred Hrenchuk told the business portal Nozare.lv, informs LETA.
Irish low-fare airline Ryanair launched its new Riga-Cologne service today, the Riga International Airport informed the business information portal Nozare.lv, cites LETA.
President Toomas Hendrik Ilves attended the awards ceremony of the 'Farmer of the Year 2014' competition on October 28th, recognising the best farmers in Estonia and personally congratulating the title winner, Vändra OÜ director Ilmar Teevet, reports BC presidential press service.
European language technology company Tilde is launching a new set of cloud services for automated translation at the world’s largest localization conference, Localization World, in Vancouver on October 30-31, informed BC the company.
Estonian Air has signed a cooperation agreement with tour operators Novatours and TEZ Tour to increase its share on the market of charter flights. According to the agreement Estonian Air will operate flights to Turkey and Croatia in 2015, reports BC airline’s press service.
Yesterday airBaltic launched a new direct route linking Tallinn and Paris. The flight, which will operate four times a week, offers convenient connections between the two capitals, linking Tallinn via Paris to the rest of the world, and linking Paris to the Baltic Region and beyond through airBaltic’s connections to Scandinavia and the CIS, reports BC vice president corporate communications at airBaltic Janis Vanags.
The architect who designed the new National Library – Gunars Birkerts, will be the recipient of a Certificate of Appreciation from the Latvian Cabinet of Ministers, the Cabinet decided yesterday, cites LETA.
“Air Lituanica is already known name to Swedish aviators. A flight to the capital is always “a diamond in the crown”, after all, Stockholm and the surrounding region have the largest concentration of people, business, cultural and historical objects”, Eitvydas Bajarūnas, Ambassador Extraordinary and Plenipotentiary of the Republic of Lithuania to the Kingdom of Sweden, welcomes the new route.
The mayor of Vilnius – Arturas Zuokas – has announced the construction of Vilnius Tech Park, a tech hub for startups and other businesses involved in the ICT industry within Lithuania. The site will be situated in Sapiega Park and housed in what's currently a run down 19th century hospital, reported BC head of public relations at Vilnius City Municipality Irma Juskenaite.
The high-tech and intellectual technology manufacturer SIA Hanzas Elektronika has received EUR 4.7 million from Citadele Bank for refinancing purposes, as well as a loan of EUR 1.5 million to develop the company. This will allow Hanzas Elektronika to increase job numbers at its manufacturing facilities in Ogre and Ventspils, as well as to open a new engineering centre in Mārupe, reported BC head of corporate communications at Citadele Baiba Ābelniece.