Good for Business

International Internet Magazine. Baltic States news & analytics Sunday, 26.03.2017, 19:58

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Riga Airport to offer 89 flight destinations in the summer season

Riga Airport to offer 89 flight destinations in the summer season

24.03.2017

The summer flight season will start on Sunday, 26 March, and this year 89 destinations will be available to passengers travelling from Riga International Airport, the airport`s representative informed BC.

Keyword tags: Airport, Good for Business, Latvia, Markets and Companies, Tourism, Transport



Amber Beverage Group acquires Interbaltija AG alcohol distributor

Amber Beverage Group acquires Interbaltija AG alcohol distributor

24.03.2017

Amber Beverage Group alcohol wholesaler has acquired the joint-stock company Interbaltija AG, Dana Hasana, a spokeswoman for Amber Beverage Group, told BC.

US Fortune lists Lithuania's president among top 50 world leaders

US Fortune lists Lithuania's president among top 50 world leaders

24.03.2017

US business magazine Fortune has included Lithuania's President Dalia Grybauskaite into the annual list of 50 world leaders, informed LETA.


 Regional Jet to serve routes for SAS with 4 new planes

Regional Jet to serve routes for SAS with 4 new planes

24.03.2017

Regional Jet OU, joint venture of the state owned Estonian airline Nordica and Polish carrier LOT, is about to mainly operate services to and from Copenhagen for SAS under a six-year agreement using four ATR72-600 aircraft, reports LETA/BNS.

Lithuania's stevedoring co Klasco to pay out EUR 3.5 mln as dividends

Lithuania's stevedoring co Klasco to pay out EUR 3.5 mln as dividends

23.03.2017

laipedos Juru Kroviniu Kompanija (Klaipeda Stevedoring Company, or Klasco), which is part of Achemos Grupe (Achema Group), will distribute 3.47 mln euros as dividends to shareholders, or 0.233 euros per share, after posting a 50-mln-euro pretax profit for 2016, reports LETA/BNS.


22.03.2017

Danish architects’ design selected for reconstruction of Riga central multimodal transporation hub

Reconstruction of the Riga Central Railway Station will be held in line with the design by Danish architects - PLH Arkitekter A/S in cooperation with COWI A/S, said Agnis Driksna, the development and cooperation department director of Eiropas Dzelzcela Linijas, a company involved in Rail Baltica project.

22.03.2017

Finnish business giant has chosen Vilnius

The arrival of Finland's Outokumpu, Europe's largest stainless steel manufacturer, in Lithuania shows that the country is attractive for investments by big foreign companies, President Dalia Grybauskaite said on Wednesday.

22.03.2017

airBaltic boasts 17% growth of passengers in February

The Latvian national airline airBaltic carried 175,851 passengers in February this year, which is a 17 % growth from the same period in 2016, the airline said BC.

22.03.2017

Capital of Latvia's private pension funds grows 2.1% in January-February

During the first two months of 2017, Latvia's private pension funds increased their aggregate capital by EUR 7.92 mln or 2.1 % to EUR 388.517 mln, according to the information released by the Latvian Association of Commercial Banks writes LETA.

21.03.2017

Estonia wins 3rd prize in the European Big Data Hackathon

On 13–15 March in Brussels, the Estonian team won the 3rd prize, after Croatia and France, in the European pean Big Data Hackathon", organised by the European Commission statistical office Eurostat.

21.03.2017

Lithuania's SEB Bankas plans to pay out EUR 123 mln as dividends

SEB Bankas, Lithuania's biggest commercial bank by assets, plans to pay out 123.146 mln euros as dividends, its largest-ever dividend payment, writes LETA/BNS.

20.03.2017

Eesti Gaas sells 1.3 mln cum more natgas in February

AS Eesti Gaas sold 57.7 mln cubic meters of natural gas in February, 1.3 million cubic meters more than in February 2016, reports LETA/BNS.

20.03.2017

Elisa buys Estonian and Finnish operations of Santa Monica Networks Group

Elisa has entered into an agreement with Santa Monica Networks (SMN) Group, a company specializing in secure IT networks and data center solutions, to acquire SMN's companies in Finland and Estonia, writes LETA/BNS.

17.03.2017

Most profitable banks last year - Swedbank, Rietumu Banka and ABLV Bank

Swedbank, Rietumu Banka and ABLV Bank were the most profitable banks operating in Latvia last year, according to the Association of Latvian Commercial Banks' data reports LETA.

17.03.2017

Lithuanian furniture retailer Berry invests over EUR 1 mln in its first store in Latvia

Lithuanian furniture and interior design retailer Berry has invested over EUR 1 mln in its first store in Latvia which will open in Riga in late March, the company announced LETA/BNS.

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