Good for Business

International Internet Magazine. Baltic States news & analytics Thursday, 30.07.2015, 03:03

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EUR 390,000 state support granted to 14 Lithuanian film projects

EUR 390,000 state support granted to 14 Lithuanian film projects

29.07.2015

The Lithuanian Film Centre has granted EUR 390,378 of state funding for 14 national film projects. 9 projects – including one interactive project – were granted financial assistance for development, and 5 film projects – two features, one documentary, one short animation, and one short fiction film – received support for the production, the Centre reported LETA/ELTA.

Keyword tags: Financial Services, Good for Business, Investments, Lithuania, Technology



Riga Airport welcomes 50 millionth passenger

Riga Airport welcomes 50 millionth passenger

29.07.2015

Today, July 29, Riga International Airport welcomed its 50 millionth passenger since the establishment of the airport. Ms Monta Skābarniece arrived at the airport onboard airBaltic flight from Munich, reported BC head of the communications teamat JSC Riga Airport Sarmīte Rinmane.

In June, the turnover of retail trade and catering enterprises increased in Lithuania

In June, the turnover of retail trade and catering enterprises increased in Lithuania

29.07.2015

Statistics Lithuania informs that, based on provisional data, in June 2015, the turnover (VAT excluded) of retail trade enterprises* amounted to EUR 772.8 million; against May 2015, it increased by 1.1% at constant prices (seasonally and working day adjusted – increased by 0.8%).


WTO deal to facilitate Lithuania's trade in IT products

WTO deal to facilitate Lithuania's trade in IT products

29.07.2015

The conditions for exports of Lithuanian-made information technology (IT) products should improve after 54 member states of the World Trade Organisation (WTO) reached an agreement on expansion of the Information Technology Agreement (ITA) on 24 July 2015, reports BC Lithuania's Ministry of Foreign Affairs.

Motorcycle sales in Latvia grew by 8% in H1

Motorcycle sales in Latvia grew by 8% in H1

28.07.2015

In the most active season for motorcycle dealerships, the first six months of the year, 413 new motorcycles were sold – an 8% increase on the first half of 2014, the Automotive Association informed LETA.

28.07.2015

New bus registrations increase by 45% in Latvia in H1

In the first half of the year 2015, 148 new buses were sold in Latvia, an increase of 48% from the first half of 2014, the Automotive Association informed LETA.

28.07.2015

Drug wholesaler Oriola Riga turns over EUR 22.18 mln in 2014

Drug wholesaler Oriola Riga achieved EUR 22.18 million in turnover in 2014, reports LETA, according to information provided by Firmas.lv.

28.07.2015

Estonian real estate market enlivens in Q2

Estonian Land board announced that in the second quarter of 2015, a total of 15,130 real estate transactions worth approximately 790 million euros were conducted in Estonia, a strong growth year-on-year, writes LETA.

28.07.2015

Estonian Air earned punctuality award from Sheremetyevo Airport

The Moscow Sheremetyevo International Airport announced on the ceremony devoted to punctuality awards that Estonian Air was the most punctual airline, the Estonian national carrier announced BC.

28.07.2015

Two top Estonian restaurants rake in EUR 350,000 profits in 2014

An Estonian company, which owns Noa and Oko, both in the Estonian top 10 by best restaurant rankings, earned 350,000 euros in profit in 2014, quadrupling the turnover to 2.7 million euros compared to 2013, informs news.err.ee.

27.07.2015

Most prominent Lithuanian films presented in Wroclaw Film Festival

The 15th T-Mobile New Horizons film festival was opened in Wroclaw (Poland) on July 23. Among other films it featured the most distinct Lithuanian films created from 1959 to 2015, reports LETA/ELTA, referring to the Lithuanian Film Centre (LFC).

27.07.2015

airBaltic to launch Tallinn – Amsterdam flight

The Latvian airline airBaltic will launch a new route between Tallinn and Amsterdam on March 27, 2016. The new route will offer convenient connections between the two capitals, linking Tallinn via Amsterdam to the rest of the world, reports BC vice president of corporate communications at airBaltic Janis Vanags.

27.07.2015

LNK Industries starts construction of a high-end apartment building in Riga centre

The construction of a high-end apartment building is launched in Riga, at 7 Cesu Street. One of the leading construction companies in Latvia – LNK Industries Joint-Stock Company – executes construction works. It is planned to commission the building at the beginning of 2017, informs BC LNK Group public relations and marketing project manager Inga Domka.

27.07.2015

Profit of Ryanair grew by 25% in July

Ryanair, Europe’s No. 1 low fares airline, today (27 July 2015) reported a Q1 profit of €245 mln, up 25% on last year, as traffic grew 16% to 28m due to stronger load factors, up 6% points to 92%, informed BC Elina Hakkarainen.

27.07.2015

TV3 Latvia posted EUR 3.08 mln in profit in 2014

TV3 Latvia operated with a profit of EUR 3.08 million and turned over EUR 16.6 last year, reports LETA, according to information provided by Firmas.lv.

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