International Internet Magazine. Baltic States news & analytics
Friday, 24.10.2014, 19:48
Minister of Economy Evaldas Gustas attended the opening ceremony of the US health care company Intermedix service centre in Kaunas, informs LETA/ELTA. Priomi Minister Algirdas Butkevicius was also present.
Keyword tags: EU – Baltic States, Good for Business, Investments, Lithuania, Markets and Companies, Medicine, USA
The Lithuanian real estate company Nevertel plans to invest about EUR 11 million in the new hotel at 25 Grecinieku Street in the Old Town of Riga, as Nevertel representative in Latvia Ramona Miglane revealed, cites LETA/Nozare.lv.
A new logistics centre, Amber Logistics, part of the international spirits company Amber Beverage Group, was opened in Stopiņi county, near the capital city Riga. Amber Logistics centre will specialise in storage of alcoholic beverages and provision of transportation services in the Baltic Region, reported BC communicationsm manager of Amber Beverage Group Dana Hasana.
Participating in a summit on growth and employment in Brussels today, Welfare Minister Uldis Augulis (Greens/Farmers) emphasized to the necessity to create as many new jobs as possible in Europe, as well as stimulate the EU's competitiveness, LETA was informed by the minister's advisor Liene Uzule.
As of the end of September 2014, the Estonian government's stabilisation reserve volume was 368.5 million EUR in market value; the volume of the reserve grew by 9 million EUR in a year, LETA/Public Broadcasting reports.
Five-year Latvian T-Bonds with the total nominal value of EUR 4 million were sold in a non-competitive fixed rate auction today, according to information provided by "NASDAQ OMX Riga", cites LETA.
Prime Minister Laimdota Straujuma's (Unity) political goal, as the head of the new government, will be to increase the welfare of Latvian families.
There is no point in waiting for a better price for Citadele bank, Finance Minister Andris Vilks (Unity) said in an interview with LTV television this morning, reports LETA.
President of Lithuania Dalia Grybauskaite met with the heads of 18 major Norwegian businesses and investment funds to discuss the investment climate and business opportunities in the country, reports BC presidential press service.
Saeima committee conceptually approves proposal to suspend issuing of temporary residence permits to Russians
Saeima's Defense, Internal Affairs and Corruption Prevention Committee in Latvia decided today to approve in principle before the first reading All for Latvia!-For Fatherland and Freedom/LNNK's (VL-TB/LNNK) proposal to suspend issuing of temporary residence permits to Russian citizens for the purchase of real estate in Latvia, informs LETA.
East Capital Baltic Property Fund II (“the Fund”), managed by East Capital, has yesterday acquired the Metro Plaza office building in Tallinn, Estonia.
Chinese Premier Li Keqiang's just-concluded visit to Germany, Russia and Italy proves to be a successful tour injecting vigor and vitality into the development of China-Europe relations.
On Tuesday, Estonian Riigikogu adopted the legislative amendment that provides regulations for issuing digital ID cards to e-residents, writes LETA/National Broadcasting.
Chief executives of Kuwei’ts eight largest travel agencies will visit Estonia in the final week of October on the invitation of travel agency Wris, writes Eesti Päevaleht, cites LETA/Baltic Business News.
A newly built high voltage power line between Klaipeda and Telsiai has been put into operation. It is the first 330 kV overhead power line built after the restoration of Lithuania's independence. The power line will transmit electricity from Northern Europe to Lithuania when the NordBalt power link begins to operate, energy company Litgrid announced in a statement, cites LETA/ELTA.