Markets and Companies

International Internet Magazine. Baltic States news & analytics Sunday, 26.03.2017, 10:10

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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



Riga International Coach Terminal sees number of passengers drop 7.6%

Riga International Coach Terminal sees number of passengers drop 7.6%

24.03.2017

During the first two months of this year Riga International Coach Terminal saw the number of passengers drop 7.6% from the same period a year ago to 232,421 people, LETA was told at the terminal.

European court dismisses Estonian sugar penalty action

European court dismisses Estonian sugar penalty action

24.03.2017

The European Court of Justice has dismissed the action Estonia filed in the spring of 2015 to get back from the European Union the 34.3 mln euros that Estonia paid as penalty for excessive stocks of sugar, reports LETA/BNS,


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.

Nuta wants to build used oils recycling facility in western Lithuania

Nuta wants to build used oils recycling facility in western Lithuania

24.03.2017

Another attempt to use EU funds to build an automotive oil recycling facility is being planned in Lithuania after the first such enterprise, which obtained 2.3 mln euros in investments back in 2009, has not yet launched operations, LETA/BNS writes according to the business daily Verslo Zinios.


24.03.2017

Summer schedule of Tallinn airport features 36 destinations

The airport of Tallinn will on Sunday launch its summer schedule which features direct flights to 36 destinations, reports LETA/BNS.

24.03.2017

Lithuanian producers may benefit from Brazil's meat scandal

Broader export opportunities are opening up for Lithuanian meat processors in the wake of Brazil's spoiled meat and corruption scandal involving two large international companies, JBS and BRF, and several tens of smaller market players, reported LETA/BNS according to the business daily Verslo Zinios.

24.03.2017

Second call for proposals within Estonia-Latvia program launched

The Estonian Ministry of Finance has launched a second call for proposals in the framework of the Estonia-Latvia program to distribute five million euros to projects focusing on natural and cultural heritage-based tourism, sustainable lifestyle, joint water economy and cross-border labor relations, reports LETA/BNS.

24.03.2017

Danske Bank looking for buyer for Estonian retail business

Danske Bank has begun searching for a buyer for its retail banking business in Estonia in the wake of revelations that its Estonian bank was used in a scheme to secretly channel billions of dollars out of Russia, according from a report published by the Danish business newspaper Borsen writes LETA/BNS.

24.03.2017

Regional Jet to serve routes for SAS with 4 new planes

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.

24.03.2017

Synchronization of Baltic and Western electricity systems faces numerous challenges

As Lithuanian and Polish government officials continue talks on synchronization of the Baltic electricity networks with continental Europe, it remains unclear when and what decision would be taken. After the Polish electricity transmission operator PSE suggested building a sea link, companies of Lithuanian and Estonia expressed disapproval, while Latvia has called for more thorough discussions, writes LETA/BNS.

23.03.2017

Swedish Steel Prize 2017 finalists lead the way with innovative design concepts

Truly innovative design concepts pushing utilization of high-strength steels to the limits characterize this year’s four finalists for the Swedish Steel Prize. The winner will be announced at a ceremony in Stockholm on May 11, reports Industrial News Service.

23.03.2017

The value of wood: impacts on the environment and sustainability

Increasing the use of wood in construction and in everyday products plays an important role in tackling climate change, developing green jobs - particularly in rural areas - and boosting the bio-economy. Wood industry’s development is becoming a vital EU policy area to make European cities more save and sustainable.

23.03.2017

Saeima passes National Security Law amendments

Saeima passed amendments to the National Security Law in the final reading today to ensure government control over the sale of enterprises essential for Latvia's national security, reports LETA/BNS.

23.03.2017

Nesta calls for SME innovation from anywhere in the world with £5m prize fund

UK-based innovation foundation Nesta has launched its “Open Up Challenge” as it looks for services, apps and tools for SMEs. The competition is now open for entries, BC learned from the Nesta`s site.

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