Markets and Companies

International Internet Magazine. Baltic States news & analytics Sunday, 30.04.2017, 16:02

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French co Oberthur Technologies to produce Estonian IDs after 2018

French co Oberthur Technologies to produce Estonian IDs after 2018

28.04.2017

The Estonian Police and Border Guard Board and the French company Oberthur Technologies signed an agreement on Thursday whereby Oberthur Technologies will produce ID cards, residence permit cards, digital IDs and diplomatic IDs for Estonia after the agreement with the current manufacturer expires at the end of 2018, reports LETA/BNS.

Latvians to build snowboarding facilities for Pyeongchang Olympic Games

Latvians to build snowboarding facilities for Pyeongchang Olympic Games

28.04.2017

Baltic Snowpark Agency, a group of Latvians who have been building tracks for snow sports and other extreme sports in the Baltics and elsewhere for many years, will be building snowboarding facilities for the 2018 Olympic Games in Pyeongchang, South Korea, reports LETA.


Permission to use traditional meat smoking methods to remain in force beyond September 1

Permission to use traditional meat smoking methods to remain in force beyond September 1

27.04.2017

Latvian food producers will be able to keep using their traditional meat smoking methods also after the European Commission’s derogation for restrictions on polycyclic aromatic hydrocarbons (PAHs) expires on September 1, 2017, Zanda Matuzale, director of the Veterinary and Food Department at the Agriculture Ministry, told LETA today.

Estonia ranks 12th in Reporters Without Borders press freedom index

Estonia ranks 12th in Reporters Without Borders press freedom index

26.04.2017

Estonia is in 12th place among 180 countries in the 2017 Word Press Freedom Index published by Reporters Without Border (RSF).


25.04.2017

Rigas Kugu Buvetava shipyard posts EUR 169,000 in audited 2016 profit; auditor corrects result

Rigas Kugu Buvetava shipyard closed 2016 with EUR 20.758 million in audited turnover, which was a 2.1 percent drop from 2015, while the company’s profit contracted 23.6 percent year-on-year to EUR 169,807, according to the company’s report to Nasdaq Riga.

25.04.2017

Average milk purchase price in Latvia drops 1.7% in March

In March 2017, the average milk purchase price in Latvia dropped by 1.7 percent from February, according to preliminary figures released by the Latvian Central Dairy Association writes LETA.

24.04.2017

Lithuania's Grigeo Grigiskes boosts Q1 revenue by 16%

Lithuania's hardboard and hygiene paper production group Grigeo Grigiskes posted revenue of 30.2 mln euros in the first quarter of this year, up by 16%, from 26 mln euros, in January-March of 2016, writes LETA.

24.04.2017

Shares of Latvia's RER electric equipment maker acquired by Cyprus-registered company

Russia's Baltijskij Bank has lost a significant stake in Rigas Elektromasinbuves Rupnica (RER) which makes electric equipment for trains, according to the company's statement to Nasdaq Riga stock exchange.

24.04.2017

Title of EU/EEA leader by new HIV cases passes to Latvia

Based on the 2016 statistics published by the competent authorities of the Baltic states responsible for epidemiological oversight, Latvia has moved ahead of Estonia by the number of new HIV cases registered annually, claiming the title of the EU/EEA "leader" in 2016, the Baltic HIV Association said LETA.

24.04.2017

Vilnius plans to take Veolia to Stockholm arbitration court

Vilnius' local authority and the municipal heating grid operator Vilniaus Silumos Tinklai (Vilnius Heating Grid, or VST) are planning to go to the Stockholm arbitration court after Veolia and Vilniaus Energija (Vilnius Energy), the French group's local subsidiary whose 15-year lease on the Lithuanian capital's heating system has recently ended, rejected the city's claim, worth around 200 million euros, for damages caused to the assets during the lease period, writes LETA/BNS.

21.04.2017

Estonia's forest increment is stable

stonia boasted a stable forest increment in 2016, which didn't differ much from 2015, the outcome of a statistical forest inventory survey published by the Estonian Environmental Agency indicates writing LETA/BNS.

21.04.2017

Concession-type PPP contract signed for parking project in Vilnius

On the 20th of April the Ministry of Health of The Republic of Lithuania signed a 25 year PPP concession contract to design, build and manage the parking infrastructure at Santariskes medical campus in Vilnius. Latuna, a subsidiary of the Lithuanian parking services and management company Unipark, was selected as the preferred bidder for the €14 mln parking infrastructure project, the Invest Lithuania informed BC.

19.04.2017

Riga Airport Welcomes Its 60 Millionth Passenger

On Wednesday, 19 April, Riga International Airport solemnly welcomed its 60 millionth passenger since the restoration of independence. Curt Almquist arrived at the Airport with a flight from Stockholm operated by the national airline airBaltic.

19.04.2017

Hollister to build plant in Kaunas

Hollister Incorporated, a US-based global manufacturer of medical devices and equipment, intends to open a new production site in Kaunas, Lithuania, reported Invest Lithuania.

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