International Internet Magazine. Baltic States news & analytics
Sunday, 08.12.2019, 16:23
The Latvian airline airBaltic received the CAPA Regional Airline of the Year award in a special ceremony in Malta on December 5, 2019, BC learned from the company.
Keyword tags: Airport, Baltic, Good for Business, Transport
Tallinn Airport served over three million passengers in the first 11 months of 2019, which is 8.9% more than in the same period last year, the end of November also saw the surpassing of last year's passenger record, when over 3 mln passengers passed through the airport for the first time, informed LETA.
Marguerite Fund has signed a sale purchase agreement with Marubeni-backed MM Capital Infrastructure Fund 1 from Japan regarding the divestment of Marguerite Fund’s 29.06 percent interest in joint-stock Conexus Baltic Grid, the unified natural gas transmission and storage operator in Latvia.
Lithuania's state-own railway company Lietuvos Gelezinkeliai (Lithuanian Railways, LG) should post over 50 mln euros in profit this year, just as it did last year, its CEO Mantas Bartuska says.
Latvia's building materials and household goods chain Depo is to open its first store along with a warehouse next summer in the new business quarter named Avala in the Veerenni area of Tallinn, the total cost of the development and construction amounts to 45 mln euros., informed LETA/BNS.
Turnover of International Airport Riga in the first nine months of this year increased 7.3% from the respective period last year to EUR 49.119 mln, while the company’s profit was EUR 9.473 mln, down 12.6%, according to the company's report.