International Internet Magazine. Baltic States news & analytics
Monday, 30.11.2015, 22:39
Commission’s initiatives in 2015 were aimed at creating jobs, supporting growth, and reinforcing economic convergence. Most important have been the European Fund for Strategic Investments to finance new development projects, new efforts to advance the banking and capital markets unions together with a new Single Market Strategy and a plan for the Digital Single Market and Energy Union. Member states shall implement these initiatives during 2016.
Keyword tags: Analytics, Economics, Employment, EU – Baltic States, Investments, Legislation, Markets and Companies
Standard & Poor's (S&P) ratings services has affirmed its 'A-/A-2' long and short-term foreign and local currency sovereign credit ratings on Latvia. The outlook is stable, informs LETA/BNS.
If the transmission system operator Elering invested 20 million euros annually over the next decade, network charges would rise by 10.3% at real prices, it appears from an analysis of the impact of investments on network fees carried out by the Estonian Competition Authority, informs LETA.
Impuls LTU, the operator of Lithuania’s biggest fitness chain, this week has signed a share purchase agreement with Arctic Sport, the operator of sports clubs in Estonia, reports LETA/BNS.
China Merchants Group (CMG) signed in Beijing on Thursday agreements with the Klaipeda Free Economic Zone (FEZ) and the Klaipeda port authority as part of its plans to expand in the Lithuanian seaport, informs LETA/BNS.
Danpower Baltic, a German-Lithuanian joint venture, has applied for approval from Lithuania's competition watchdog to purchase Marivas, the owner of three biomass heating plants that is indirectly controlled by Icor's shareholders, in a deal that is expected to make Vilnius' district heating market more transparent, informs LETA.
The European Parliament adopted the EU budget for 2016 on November 25th, setting commitment appropriations at EUR 155 billion and payment appropriations at EUR 143.9 billion, LETA was informed by the European Parliament.
In 2014, records of pollutants emitted into the atmosphere in Lithuania were kept by 562 enterprises
Statistics Lithuania informs that an annual publication Natural Resources and Environmental Protection 2014 has been released. The statistical publication Natural Resources and Environmental Protection provides statistical information on natural resources and their use, the state and protection of the environment.
Investments in tangible fixed assets in Lithuania totaled 3.98 billion euros in the first nine months of the year 2015, a rise of 10% from the same period last year, preliminary data from Statistics Lithuanian showed on Wednesday, cites LETA/BNS.
The Estonian state-owned energy company Eesti Energia is preparing to write off Utah and Auvere investments in most part already in 2015, the daily Eesti Paevaleht reports, cites LETA.
Foundation SA Ida-Viru Toostusalad is to open a new industrial park in Estonia's northeastern city Johvi today, informs LETA/BNS.
Estonian heating company Tallinna Kute, which belongs to the Utilitas energy group has finished the reconstruction of the Lasnamae main and heat pipes as well as most of the other reconstruction works planned for 2015 and the total cost of the reconstruction works this year will be nearly 16.9 million euros, informs LETA.
While on her visit to China, Prime Minister Laimdota Straujuma paid a visit to ZTE yesterday – one of the world's largest telecommunication companies, and the airline company COMAC in Shanghai, LETA was informed by the State Chancellery's communications department.
Beijing Energy Investment Holding is planning to invest in a new combined heat and power (CHP) plant to be built on the grounds of Kauno Termofikacijos Elektrine (Kaunas CHP plant, or KTE) in Lithuania's second-biggest city of Kaunas, reports LETA.
Estonian Prime Minister Taavi Roivas on November 23rd met with Jiang Jianqing, chairman of the world's largest bank, Industrial and Commercial Bank of China (ICBC), and later said that the bank is interested in investing in Estonia, informs LETA/BNS.