International Internet Magazine. Baltic States news & analytics
Tuesday, 30.09.2014, 08:56
The Maxima store chain planning to open up to 20 stores in Estonia over the next three years and thinks that the current and future stores give the company the opportunity to become the retail market leader in Estonia by 2016, said Chief Executive Officer of Maxima Eesti Vaidotas Pacesa, Äripäev.ee/LETA reports.
Keyword tags: Construction, Estonia, Good for Business, Investments, Logistics, Markets and Companies, Real Estate
Ernst & Young lowered in the fresh Eurozone economic forecast the economic growth forecast for Estonia and the Eurozone as a whole, reports LETA.
The Lithuanian cable operator Cgates has acquired two companies – UAB Ukmerges TV and UAB Rakarin for an undisclosed fee, broadbandtvnews.com said.
As of September, twelve TV, radio and Internet projects are providing latest euro-related updates for everyone who is going to plan their expenses and income in euros as of 1 January, 2015, reports LETA/ELTA.
European Commission further strengthened the protection of consumers, in particular babies and young children. It adopted two measures restricting the use of three preservatives in cosmetic products; new rules apply to products in shops after April and July 2015.
Xinhua News Agency's Europe Regional Bureau on Thursday launched a mobile app – Xinhua Europe – in a bid to strengthen China's media coverage of Europe and help people in Europe know more about China.
Robertas Dargis, head of the Lithuanian Confederation of Industrialists (LPK), is convinced that cooperation of producers is one of the main keys which can open vast markets to Lithuanian goods, informs LETA/ELTA.
Grain market analyst Tadas Povilauskas of the Lithuanian agricultural companies' Group Litagra says that grain price may continue to fall due to both a record harvest and competition of alternative cultures grown by Australian and South American cultivators, informs LETA/ELTA.
Statistics Lithuania informs that, based on provisional data, in August 2014, the turnover (VAT excluded) of retail trade enterprises* amounted to LTL 2698.4 million; against July, it decreased by 1.1% at constant prices (seasonally adjusted – by 0.1%).
The Chinese government on September 26th has published a notice stating that Beijing finally accepted the apologies of the Estonian government for hosting the visit of Dalai Lama three years ago, and the political relations that were mostly frozen for this time, have normalized again, LETA/Eesti Päevaleht Online reports.
On the sidelines of the UN General Assembly in New York yesterday, Latvian Foreign Minister Edgars Rinkevics (Unity) met with the economy minister of Qatar Sheikh Ahmed bin Jassim Al Thani, during which the two sides signed an agreement on the avoidance of double taxation, LETA was informed by the Foreign Ministry.
Trade and Investment Promotion Section of the Polish Embassy in Lithuania is organising Polish Business Awards 2014 for the third time already, informs LETA/ELTA.
EU member states are still having problems in dealing with the EU’s VAT rules. Recently the Commission decided to refer Holland and Germany to the Court of Justice for failing to comply with the EU rules on VAT.
The Latvian media environment lacks versatile, professionally-made, quality content for Russian-speaking residents, therefore they are unable to address the large non-Latvian audiences, the head of the Communication Studies Department of Riga Stradins University, Anda Rozukalne indicated in a research conducted by the Center for East European Policy Studies, reports LETA.
The Drupa team, represented by Viesturs John Drupa and Mara Bertina made their chili a winner at the 10th Annual Chili Cook-Off organized by the American Chamber of Commerce in Latvia (AmCham) on September 25 at the restaurant PinUp, informed BC executive director Liga Smildzina-Bertulsone.