Good for Business

International Internet Magazine. Baltic States news & analytics Sunday, 17.02.2019, 22:24

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Rail freight between Belarus and Latvia grows 29.2% last year

Rail freight between Belarus and Latvia grows 29.2% last year

15.02.2019

Last year, the total rail freight between Belarus and Latvia reached 30.1 mln tons, which is by 29.2% more than in 2017, Latvijas Dzelzcels railway company’s spokeswoman Ella Petermane reported.

Keyword tags: Belarus, Cargo, Good for Business, Latvia, Logistics, Railways, Transport



Zilinskis ir Co to build transformer station in Lithuania's Alytus for EUR 21.6 mln

Zilinskis ir Co to build transformer station in Lithuania's Alytus for EUR 21.6 mln

15.02.2019

Zilinskis ir Co, a Lithuanian energy infrastructure builder, has won the tender for the expansion of the transformer station in Alytus, southern Lithuania, a project important for the synchronization of the Baltic states' power systems with that of continental Europe, informed LETA/BNS.

Pasazieru Vilciens decides to buy trains from Skoda Vagonka after reassessing bids

Pasazieru Vilciens decides to buy trains from Skoda Vagonka after reassessing bids

15.02.2019

On reassessing the bids submitted in its train supply tender, Latvia’s Pasazeru Vilciens rail passenger carrier has decided to purchase the electric trains from the Czech company Skoda Vagonka, the company’s CEO Rodzers Grigulis told journalists Friday.


O'Leary's operator in Lithuania plans movie theatre, restaurant expansion

O'Leary's operator in Lithuania plans movie theatre, restaurant expansion

15.02.2019

Estonia's APL Restaurants, operating the O'Leary's restaurant chain, has set up three new businesses in Lithuania and plans to expand its network of movie theatres, cafes and restaurants, informed LETA/BNS.

UK payments firm Earthport sets up unit in Vilnius

UK payments firm Earthport sets up unit in Vilnius

15.02.2019

Earthport, a UK-based cross-border payments firm that the world's credit card giants Visa and MasterCard are battling for, has registered a company in Lithuania, reported LETA/BNS.


14.02.2019

Maxima Latvija retailer to invest up to EUR 50 mln in development this year

Maxima Latvija retailer in line with Maxima Grupe strategy this year will invest up to EUR 50 million in development of the store network, Maxima Latvija board chairman Andris Vilcmeiers told the press cited LETA.

14.02.2019

Flywire, Red Dot Payment set up companies in Lithuania

Two international payment companies, the UK's Flywire and Singapore's Red Dot Payment, have registered companies in Vilnius, reported LETA/BNS.

14.02.2019

Elering signs agreement to launch joint gas market with Finland, Latvia

The Estonian transmission system operator Elering has signed a new voluntary agreement on inter-TSO compensation with the gas transmission system operators in Finland and Latvia, which enables the functioning of a single gas transmission tariff zone for Finland, Estonia and Latvia from the beginning of 2020, Elering said.

14.02.2019

Swedish Eastnine purchases offices in S7 office complex in the CBD of Vilnius

Lithuanian real estate development company M.M.M. projektai announced that its controlled company XXT signed an agreement to sell offices in S7 office complexw, S7 representative informed BC.

14.02.2019

Kazakhstan augments its potential in terms of investment attractiveness

In "DoingBusiness" rating upon the criterion of "investment attractiveness" Kazakhstan takes the 36th place (according to 10 indicators) among 190 countries. And today, the Republic provides the most favorable treatment for the investors among all the countries of the former-Soviet region.

14.02.2019

Latvian ports handle 12.7% more cargo in January

Latvian ports handled 5.661 mln tons of cargo in January, which is a 12.7% increase on the same period last year, according to the Transport Ministry's data.

14.02.2019

Rail freight in Latvia up 3.6% in January

Freight transportation using the Latvian railway infrastructure amounted to 4.207 mln tons in the first month of this year, up 3.6% from the same period in 2018, the data of the Transport Ministry shows.

14.02.2019

Estonia: Elron's passenger numbers up 3% on year in January

Eesti Liinirongid AS, the state-owned Estonian operator of passenger trains that conducts its business under the Elron brand, registered 649,000 boardings in January, marking a 3% increase compared to the same month last year, informed LETA/BNS,

13.02.2019

Number of flights in Lithuanian airspace rises 3.8% to 19,000 in January

The total number of flights handled in Lithuanian airspace rose by 3.8% in January compared with a year ago to 19,000 flights, Oro Navigacija (Air Navigation) said LETA/BNS.

13.02.2019

Freeport of Riga raises cargo turnover 2.6% in January

In January 2019, the Freeport of Riga handled 2.842 mln tons of cargo, which is an increase of 2.6% against the same period a year ago, the port informed.

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