International Internet Magazine. Baltic States news & analytics
Wednesday, 18.01.2017, 03:39
The Latvian government today decided to declare emergency situation Krimulda region that has been affected by the latest outbreak of African swine fever (ASF) among domestic pigs, Adazi region where the pigs will be culled, and also Salaspils region where another shed belonging to the same farm is located, reports LETA/BNS.
Keyword tags: Agriculture, Crisis, EU – Baltic States, Latvia, Markets and Companies
Magnetic MRO, Estonian-headquartered Total Technical Care organization and Airbaltic, the flag carrier of Latvia, have signed a new agreement for the maintenance of the wheels and brakes of Bombardier Q400 and the wheels of Bombardier CS300, reports LETA/ BNS.
Transit operator Transiidikeskus AS which operates at Estonia's main merchant port of Muuga is waiting for the Rail Baltic European-gauge railway because in the next few years trade to Russia will definitely not recover and there would be enough goods to carry on the railway, the daily Eesti Paevaleht reports noted LETA/BNS.
With roughly 50 merger and acquisition deals announced in Latvia last year, the number of M&A deals in 2016 remained virtually unchanged from 2015, according to a report released by Murinus Advisers writes LETA.
Guntars Koris, the administrator of the insolvent KVV Liepajas Metalurgs steel plant will complete the sale plan by the end of January, thus, the official sale procedure will start in February, the administrator’s representative Dzintars Hmielevskis reported LETA.
The Ministry of the Interior is seeking opinions on a draft document setting out Estonia's security policy fundamentals, which designates cyberspace as another dimension of the security environment alongside land, territorial waters and airspace, reports LETA/BNS.
Press subscription in Latvia has dropped by 4.2 % to 398,722 subscriptions for 2017, Latvian national postal company Latvijas Pasts reported LETA.
Vilkyskiu Pienine, one of Lithuania's largest dairy companies, has sent the first shipment of its products to China, becoming the first Lithuanian dairy to export to China – the cargo of 20 t of mozzarella should reach the Chinese market within about a month, reports LETA/BNS.
According to the data of the Central Statistical Bureau (CSB), the Latvian external trade turnover dropped slightly (0.6%) month-on-month. Within a month, the goods export and import values dropped by 0.1% and 1.1% respectively. Year-on-year, the goods export and import values posted positive growth by 3.4% and 3.2% respectively, which is a good performance, given the still low level of external demand.
The Latvian government supports the Lithuanian position to demand the highest security standards at the Astravyets nuclear power plant under construction in Belarus, however, does not consider any laws to restrict electricity imports from the utility, says LETA/BNS Latvia's Foreign Minister Edgars Rinkevics.
Swedish company Trelleborg Wheels Systems has decided to fully move its wheel plants to Trelleborg Wheel Systems in Liepaja, Liepaja municipality’s representative Evita Engele told LETA.
Latvia's road construction company A.C.B., jointly with Lithuania's building firm Autokausta, is to reconstruct the Vilnius airport's runway for 18.713 mln euros, reports LETA/BNS.
Estonia plans for the prime ministers of the Baltic states to sign the deal on the European-gauge railway Rail Baltica project, however, Lithuania's Prime Minister Saulius Skvernelis is not sure about the signing, informs LETA/BNS.
Polo Invest, a company whose registered office is an apartment in Riga, has applied to lease an airport in Moldova, promising to invest EUR 40 mln in the airport's development although the company's annual turnover has never exceeded a few thousand euros, according to TV3 broadcast Neka Personiga (Nothing Personal) reported last night writes LETA.
As the Baltic states ready to disconnect from the Russian BRELL electricity ring and synchronize its grids with Western Europe, tests will be conducted to check whether Lithuania, Latvia and Estonia can operate in an isolated regime. A trial study for the tests will be drafted by international consultative company Tractebel Engineering by September, writes LETA/BNS.