International Internet Magazine. Baltic States news & analytics
Thursday, 27.10.2016, 21:35
Sales of the Estonian beverage maker A. Le Coq in the first nine months of the year grew 3.7% to 61.7 mln euros and the beverages sold by the company increased 0.3% to 97 mln liters, reports LETA/BNS.
Keyword tags: Alcohol, Estonia, EU – Baltic States, Markets and Companies
stonia's liquefied natural gas supplier JetGas sees the possibility of gaining grounds on the Lithuanian market next year. The company's board member Janek Parkman told BNS that the company was interested in both construction of LNG stations in Druskininkai and industrial gas supplies in Rokiskis and Kelm, company's board member Janek Parkman told LETA/BNS.
infrastructure projects in terms of their attractiveness to private sector investors. The agency will now be responsible for analysing any Lithuanian infrastructure project whose value exceeds €25 million, before providing recommendations to the government on the likely interest of business partners. This new function for Invest Lithuania has been assigned by the amendment of the rules for the planning, revision, usage, accounting and control of funds earmarked for state investment by the Lithuanian government.
A Vilnius court has given the green light to the state energy group Lietuvos Energija (Lithuanian Energy) to continue the construction of a new biomass and waste-fired cogeneration plant in the capital, reports LETA/BNS.
After a five-year probe into the operations of the Russian gas giant Gazprom, the European Commission is close to a settlement with Gazprom which eastern European and Baltic countries probably will not like, according to the Financial Times reports writes LETA.
Latvijas Finieris opens a new Impregnation Plant in Riga on 27 October 2016. Its construction was started at the end of previous year. The new plant will employ a modern and environmentally friendly technology for producing impregnated paper with a higher added value, said LF representative.
We need to see business plan before approving any state aid to DLRR train engine company - Latvian PM
he government needs to see a business plan before approving any aid to Daugavpils Lokomotivju Remonta Rupnica (DLRR), Latvian Prime Minister Maris Kucinskis (Greens/Farmers) told the press, reports LETA.
The 20 odor sensors, or e-noses, installed in different places in the area of the port of Muuga near Tallinn this spring have reduced the number of bad smell complaints from local residents severalfold, Port of Tallinn CEO Valdo Kalm said LETA/BNS.
In the first nine months of 2016, Latvia's hydro power plants generated by 13.3% more electric power than in the same period in 2015, according to the information from the Central Statistical Bureau writes LETA.
The Competition Council has imposed a fine of EUR 1.6 million on Knauf building materials distributor and Poland's Norgips, the parent company of Norgips, which also belongs to the Knauf Group, the council informed LETA.
Hungary's low-cost airline Wizz Air is planning to launch flights between Vilnius and the Polish capital of Warsaw fall of 2017, informs airline.
Rigas Elektromasinbuves Rupnica (RER) which makes electric equipment for trains has further reduced its stake in the company's subsidiary, RER-Terminals, RER said in a statement to the Nasdaq Riga stock exchange.
Latvian Finance Minister Dana Reizniece-Ozola (Greens/Farmers) is skeptical about the possibility to grant state guarantees to Daugavpils Lokomotivju Remonta Rupnica (DLRR), the train engine repair group based in the southeastern Latvian city of Daugavpils, the minister said.
Talks between Lietuvos Gelezinkeliai (Lithuanian Railways, or LG) and the Lithuanian unit of the Polish oil group Orlen on freight transportation rates have broken down again, Transport Minister Rimantas Sinkevicius said, adding that the dispute is likely to be taken to court, reports LETA/BNS.
Latvia's Augstspriegumu Tikls power transmission system operator has submitted a new tariff project to the Public Utilities Commission (regulator), planning an 8-13 percent tariff hike, the company said in a statement published on Latvia’s official gazette Latvijas Vestnesis, noted LETA.