Markets and Companies

International Internet Magazine. Baltic States news & analytics Sunday, 19.02.2017, 16:22

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Health Inspectorate says new Stradins Hospital wing ready to be put in operation

Health Inspectorate says new Stradins Hospital wing ready to be put in operation

17.02.2017

The Health Inspectorate has concluded after inspecting the new wing of Pauls Stradins Clinical University Hospital that the new facility may officially open as the past faults ascertained at the building have been solved, as the inspectorate told LETA.

Keyword tags: Construction, Latvia, Markets and Companies, Medicine, Real Estate



Russian startup aims to build small-scale LNG terminals around Baltic Sea

Russian startup aims to build small-scale LNG terminals around Baltic Sea

17.02.2017

Alongside Gazprombank-controlled Cryogas, which supplies LNG to Eesti Gaas, LNG Gorskaya, a relatively small privately-owned Russian energy company, is entering the Baltic LNG sector with plans to build small-scale LNG terminals around the Baltic Sea to deliver fuel to ships sailing in the sea, the business daily Verslo Zinios reported on Friday writes LETA/BNS.

Lithuanian move to ban RTR Planeta broadcast in line with EU law

Lithuanian move to ban RTR Planeta broadcast in line with EU law

17.02.2017

The Lithuanian decision to ban broadcasts of the Russian television channel RTR Planeta for instigation of hatred is not in violation of the European Union's (EU) law, the European Commission said on Friday, writes LETA.


Russian veterinary authority restores Estonian food industry firms' export permits

Russian veterinary authority restores Estonian food industry firms' export permits

17.02.2017

The Russian food safety and veterinary authority Rosselkhoznadzor has restored the export permits of those Estonian food industry companies that had not exported to Russia in the last three years or longer, writes LETA/BNS,

Joona Saluveer picked for new CEO of Eesti Post

Joona Saluveer picked for new CEO of Eesti Post

16.02.2017

The supervisory board of Eesti Post, the Estonian postal services and logistics company operating under the Omniva brand, elected on Thursday Joona Saluveer the next chief executive of the company, reports LETA/BNS.


16.02.2017

New Lindstrom workwear plant in Latvia to employ 120 people by year end

The new Lindstrom workwear plant in Latvia’s central Tukums town currently employs 100 people, but by the end of the year the number of employees will be increased to 120, Lindstrom group president and CEO Juha Laurio told LETA.

16.02.2017

Travellers say ticket price is main criteria in choice of airline

Flying has become one of the most popular means of travel throughout the world. An internet survey carried out by SmartLynx Airlines, the leading charter carrier in Latvia and Estonia, revealed that 74% of respondents use airline services for private trips, while one in four (26%) mostly travel for business. Respondents said that price is the main criterion in purchasing airline tickets.

16.02.2017

Tieto Latvia has developed national instant payments software for Kenya

Tieto Latvia IT company has developed national level instant payments platform for Kenya, BC learned from the company.

16.02.2017

Estonian Levikom to roll out new generation IoT network in spring

The Estonian telecommunications company Levikom is upgrading its NORAnet network to start offering internet of things (IoT) connectivity services with radio access, including geolocation services, in spring.

16.02.2017

Baltic Workboats raises wages

The boat builder Baltic Workboats based on Estonia's largest island of Saaremaa raised the wages of its production personnel by close to 25% at the beginning of this year. reprots LETA/BNS.

15.02.2017

Freight handling volumes of Port of Tallinn drop 39% y-o-y

Cargoes handled at ports of the state-owned Estonian company Port of Tallinn during January dropped 38.7% y-o-y to 1.4 mln tons.

15.02.2017

Latvia's Ditton PKR motor chain company support participation in Latgale Special Economic Zone

Shareholders in Latvia's Ditton Pievadkezu Rupnica (Ditton PKR) motor chain plant, based in the southeastern Latvian city of Daugavpils, supported participation of the company in the Latgale Special Economic Zone, the company said in its statement to the NASDAQ Riga.

15.02.2017

Elon Musk's LA tunnel completed by Lithuanian team in Minecraft

As part of his dream of a traffic-free future, Elon Musk has been talking for a while now about boring a tunnel under Los Angeles from the HQ of his SpaceX company to LAX, the city’s airport. In fact, he has actually started taking the first steps towards making this seemingly crazy idea come true. On Feb 3 a tweet showing a picture of the first drilling operations was accompanied by a single word: “Minecraft”. That was inspiration enough for a team of Lithuanian techies, who decided to complete the entire project for Mr. Musk in just two days. In Minecraft.

15.02.2017

Successful Startup Europe Week leads to more business’ efforts.

European regions and separate EU states are key players in helping entrepreneurs in business activity, in creating company, in providing grants or arranging taxes breaks. The Commission and other EU institutions decided to include regions and countries in “conversation” on business possibilities in Europe. Hence, the ideas of creating the Startup Europe Week (SEW), a European Partnership (SEP) and a Network (SERN).

15.02.2017

Daugavpils Lokomotīvju Remonta Rūpnīca won tender in Poland

On February JSC “Daugavpils Lokomotīvju Remonta Rūpnīca” received first locomotive TEM2 (SM48) for repair from Poland company PKP Linia Hutnicza Szerokotorowa spółka z o.o., DLRR said in its statement.

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