International Internet Magazine. Baltic States news & analytics
Sunday, 09.03.2014, 14:47
UPB Holding, one of the leading groups of industrial companies in Latvia, has registered a subsidiary in London, which is the group's eighth subsidiary abroad, the Dienas Bizness newspaper reports, writes LETA.
Keyword tags: Baltic Export, Construction, Energy, EU – Baltic States, Good for Business, Latvia, Real Estate
More than 113 thousand passengers were served at the Tallinn Airport in February this year, which is 3.9% more than in February last year and the first time in 15 months that the number of passengers grew year-on-year, Äripäev.ee/LETA reports.
The satellite LitSat-1 of the Kaunas University of Technology (KTU) is already successfully controlled form the Earth. On Tuesday, the satellite radio station of KTU established a two-way connection with LitSat-1 for the first time, informs LETA/ELTA.
Several years of close cooperation between the scientists of the University of Tartu and a development partner in France have resulted in the creation of a dietary supplement Reg'Activ Cholesterol in capsules, which contain lactic acid bacteria ME-3 widely known as "the Hellus bacteria", vitamins and other active ingredients. Natural main ingredients will help to correct the cholesterol levels, keep a normal level of homocysteine and protect cells against excessive oxidative stress, reported BC the Tartu University.
Yesterday, on behalf of the Government, Lithuania's Prime Minister Algirdas Butkevicius congratulated the laureates of the Lithuanian Science Award, reports LETA/ELTA.
According to the preliminary data of Statistics Estonia, in 2013 the total profit of the business sector was 3.1 billion euros, which was 5% more than the year earlier. The increase in the enterprise sector’s total profit continued for the fourth year in a row.
From March 22 onwards, the citizens of Latvia will be able to travel visa-free to the United Arab Emirates, the Foreign Ministry's Press and Information Division informed LETA.
Although growth slowed in Estonian exports in 2013, market share increased in the markets of Estonia’s eleven main trading partners a little faster than before in the first three quarters of the year, and was 5.5% bigger over the year, LETA/Eesti Pank announced.
On 3 June 2014, Latvian airline airBaltic will launch a new route between Riga and the Romanian capital of Bucarest, informed BC Janis Vanags, vice president of corporate communications at airBaltic.
In 2013, investment in tangible fixed assets within the territory of the country amounted to LTL 16.6 billion (EUR 4.7 billion) and, compared to 2012, grew by 12.3%, informed LETA/ELTA, referring to the Statistics Lithuania.
The Freeport of Ventspils handled 5.9 million tons of cargo in January-February 2014, an 8% increase on the respective period in 2013, Freeport of Ventspils Board Chairman Aivars Lembergs (For Latvia and Ventspils) informed LETA.
Andris and Juris Sics, who won two bronze medals in the double's luge as well as the luge team relay events in the Sochi Olympics, will each receive a EUR 76,836 cash bonus from the state, informs LETA.
Retail trade turnover in Latvia increased 3.2% in January 2014, compared to January 2013, the ninth steepest increase in all European Union countries for which data are available, according to the latest data from the EU's statistical office Eurostat. Increase in Estonia made 8% and in Lithuania 4.8%, informs LETA.
The Estonian Car Sales and Servicing Companies Union AMTEL data indicates that 1,389 new cars were sold in Estonia in February 2014 versus 1,345 at the same time last year, informs LETA.
The new business-class hotel Solo Sokos Hotel Estoria will open its doors in early April 2014 in Estonia, informs LETA, referring to the Estonian Convention Bureau.