International Internet Magazine. Baltic States news & analytics
Wednesday, 26.11.2014, 22:10
Peikko Group, from Lahti, Finland, has set up a new factory in Lithuania, Invest Lithuania informs BC.
Keyword tags: EU – Baltic States, Good for Business, Investments, Lithuania, Markets and Companies
A total of 3,795 new automobiles were sold in Latvia in the third quarter this year, which is 20% more than in the third quarter of 2013, according to the Latauto.lv classified advertisements website.
Construction company Latvijas tilti has finished a EUR 7.38 million project in Lithuania, according to the company's announcement submitted to the "Nasdaq Riga" stock exchange, reports LETA.
The government of Latvia decided yesterday to allot EUR 9.9 million to consolidation of scientific centers and facilitating their excellence, informs LETA.
According to Statistics Lithuania, investment in tangible fixed assets in the third quarter of 2014 amounted to LTL 4.7 billion (EUR 1.3 billion), or by 1.3% more at current prices than in the third quarter of 2013, reports LETA/ELTA.
President Dalia Grybauskaite attended the launching ceremony of Klaipeda University maritime research vessel Mintis. According to the president, the modern ship will ensure freedom for scientific activities and will help Lithuania to consolidate its position in the field of maritime research and innovation, reports LETA/ELTA.
According to the data of Central Statistical Bureau (CSB), the number of visitors in hotels and other accommodation establishments (1) in the 3rd quarter of the year 2014 comprised 764.6 thousand people. That is 11.3% more than in the 3rd quarter of 2013.
According to the provisional data of Statistics Lithuania, in III quarter 2014, the accommodation establishments of Lithuania received 836.1 thousand guests, which is by 7.5% more than in the same quarter of 2013.
Fast food chain McDonald’s is planning to invest around EUR 6 million in Latvia in the next three years (2015-2017), McDonald’s development license holder in Latvia, Estonia, Lithuania, Greece and Malta, Melo Hili and McDonald’s Central Division President Khamzat Khasbulatov said in an interview with LETA.
The first newly built fire station in Latvia since the restoration of independence will be unveiled in Cesis next week, LETA was informed by the State Fire and Rescue Service.
Lithuanian carriers have received good news as the representatives of Lithuania and Kazakhstan agreed to increase the annual quota of universal permits by 500 units. In addition, the quota of permits to be exchanged for year 2014 was also increased, reports LETA/ELTA.
The Government has approved the proposal put forward by the Ministry of Health to allocate additional funding for health care institutions. The funding should partially compensate for the exceeded expenditure incurred when providing health care services, informs LETA/ELTA.
The Lithuanian Culture Centre in Belgium opened its doors on Monday. It features a children's school, an adult choir and will hold children's upbringing seminars and the Lithuanian language courses for foreigners, informs LETA/ELTA.
European Commissioner for Regional Policy, Corina Cretu and Commissioner for Employment, Social Affairs, Skills and Labour Mobility Marianne Thyssen have welcomed the launch of the multi-fund Operational Programme ''Growth and Employment'' for investments into Latvia's regions through the European Regional Development Fund (ERDF), the Cohesion Fund, the European Social Fund (ESF) and the specific allocation for the Youth Employment Initiative (YEI).
With the help of the European Union-supported Estonian-Latvian cooperation programme, nearly 70 different cross-border initiatives were carried out during seven years; now the new period of the programme is about to start, when nearly 40 mln euro will be invested in the cooperation of the two countries, LETA/Public Broadcasting reports.