Markets and Companies

International Internet Magazine. Baltic States news & analytics Tuesday, 15.10.2019, 12:13

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Klaipeda FEZ  Honored by FDI Intelligence for Investor Expansions

Klaipeda FEZ Honored by FDI Intelligence for Investor Expansions

15.10.2019

Klaipeda FEZ earned 4 bespoke awards in the annual Free Zones of the Year ranking, released by fDi Intelligence, a foreign direct investment publication, belonging to the Financial Times Group. In the 2019 rankings, the Klaipeda FEZ was mentioned for its expansions, local transport improvements, workforce amenities and the FlexStart manufacturing building.

Keyword tags: EU – Baltic States, Good for Business, Industry, Investments, Lithuania, Markets and Companies, Taxation



Vocational training: acquiring new skills

Vocational training: acquiring new skills

15.10.2019

During present Finnish Presidency of the Council of the EU, the 2019 European Vocational Skills Week in Helsinki (14-18.x.) took place with the idea of encouraging people of all ages to ‘discover their talent' through vocational education and training (VET).

Oil price pass-through to consumer prices in Latvia

Oil price pass-through to consumer prices in Latvia

14.10.2019

According to our research*, a 10% increase in global oil prices raises the level of consumer prices in Latvia by 0.6% in the medium term. The increase in oil prices directly pushes up energy prices, i.e. the prices of car fuel, natural gas, heat energy, and – indirectly – the prices of food and services.


Operail: Grain is now transported by rail

Operail: Grain is now transported by rail

14.10.2019

This year’s record grain harvest has brought grain transport from road to rail for the first time ever – in two months, Operail has transported the equivalent of more than 600 truckloads of fodder grain to the ports of Sillamäe and Muuga by rail. informed Operail.

Estonian ministry's analysis: Technical education ensures greater income

Estonian ministry's analysis: Technical education ensures greater income

14.10.2019

"Success on the Labor Market", a fresh analysis of the Estonian Ministry of Education and Research, indicates that a technical education ensures a bigger income, writes LETA/BNS.


14.10.2019

Karbauskis, Zubas, investment fund among biggest land owners in Lithuania

Ramunas Karbauskis, leader of the ruling Lithuanian Farmers and Greens Union, businessman Darius Zubas and investment fund Fixed Yield Invest Fund are the biggest land owners in Lithuania,according the delfi.lt news website informed LETA/BNS.

14.10.2019

Narvesen Baltija retailer to take over Coffee Inn

A reorganization process is under way in which Narvesen Baltija retail company is taking over Coffee Inn, the owner of the Caffeine Roasters (Caffeine) cafe chain, according to an announcement published in the official gazette Latvijas Vestnesis on Monday, citing LETA.

14.10.2019

Harmony considers exiting coalition with GKR in Riga

armony party considers severing ties with Honor to Serve Riga (GKR) because Harmony is dissatisfied with the performance of its coalition partner in Riga, according the daily newspaper Neatkariga information reports LETA.

11.10.2019

About 50 employees of Stockmann department store catch stomach infection

About 50 employees of Stockmann department store in Riga catered by Baltic Restaurants Latvia during the Crazy Days campaign caught a stomach infection, the Food and Veterinary Service (PVD) confirmed, informed LETA/BNS.

10.10.2019

UP Invest to acquire authorized Apple reseller IM Arvutid in Estonia, Latvia, Finland

UP Invest, an investment company controlled by Estonian businessman Margus Linnamae, is set to acquire Apple Authorized Service Provider in Estonia, Latvia and Finland IM Arvutid AS, informed LETA/BNS.

10.10.2019

Estonia: M.V. Wool to recall trout gravlax from stores at request of veterinary authority

Estonian fish packing and fish processing company M. V. Wool on Thursday morning received an injunction from the Veterinary and Food Board ordering the recall of 200-gram sliced trout gravlax packages from retail, reported LETA/BNS.

09.10.2019

Digital Freedom Festival Searches For Top Startups with Leading Global Accelerators 500 Startups and Rockstart

The Digital Freedom Festival is continuing cooperation with leading global accelerator 500 Startups (USA) and international startup, investor and mentor union Rockstart (Netherlands) by inviting seed stage startups to apply to the Startup Pitch Competition. Applications are open through October 18th, with finalists announced on November 1st. The grand final will be held during the Digital Freedom Festival Investor Day on November 15th.

08.10.2019

Riga to be divided into four waste management zones

Procurement for waste management in Riga will be launched in two weeks, and seven-year contracts will be signed with the winning bidders, Riga Mayor Olegs Burovs (Honor to Serve Riga) told LETA after a meeting with representatives from the Competition Council and the Environmental Protection and Regional Development Ministry.

08.10.2019

ICT Cluster to contribute EUR 100,000 to Estonia's participation in Dubai EXPO

The Estonian Information and Communications Technology (ICT) Cluster, which is one of the key partners of the Estonian pavilion at the Dubai EXPO 2020, is to invest altogether 100,000 euros in participation in the world fair, writes LETA/BNS.

08.10.2019

Continental set to launch production in Lithuania this week

German car parts giant Continental is launching its electronic components factory near Kaunas this week, more than a year after the construction was launched, informed LETA/BNS.

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