Transport

International Internet Magazine. Baltic States news & analytics Wednesday, 03.09.2014, 02:41

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In H1, Latvian Shipping Company reduced losses to 8.32 mln USD

In H1, Latvian Shipping Company reduced losses to 8.32 mln USD

02.09.2014

In the first half-year of 2014, JSC Latvian Shipping Company and its subsidiaries (hereinafter – LSC Group) continued to improve their financial indicators – last year in the same period the Group suffered a loss of 26.60 million USD, but this year – 8.32 million USD. The total income from the fleet in the first half of 2014 was 47.14 million USD, reported BC communication consultant at JSC Latvian Shipping Company Elīna Dobulāne.

Keyword tags: Energy, Latvia, Transport



EVR Cargo transport volume fell in August

EVR Cargo transport volume fell in August

02.09.2014

Estonia's state-owned rail freight company EVR Cargo's cargo transport volume amounted to 1.06 million tonnes in August 2014, a decrease of 5.7% from August last year, Äripäev.ee/LETA reports.

New horizon for China, Central-Eastern Europe cooperation

New horizon for China, Central-Eastern Europe cooperation

02.09.2014

The second China-Central and Eastern European Countries (CEEC) Local Leaders' Meeting concluded here on Friday, with a Chinese delegation headed by Vice Premier Zhang Gaoli having had comprehensive exchanges with leaders and delegates from the 16 countries in the region, reports BC Chinese Embassy in Riga.


Estonian Defence Forces interested in using more electric cars

Estonian Defence Forces interested in using more electric cars

02.09.2014

The Estonian Defence Forces would be prepared immediately to use approximately 50 electric cars for use in everyday management, writes LETA/Äripäev.

Mobile passport workstation from Latvia successfully operated in Australia and New Zealand

Mobile passport workstation from Latvia successfully operated in Australia and New Zealand

02.09.2014

At the end of August 2014, with the support and assistance of the Honorary Consuls of Latvia, mobile passport workstations were set up in Australia and New Zealand. This mission was organized by the Foreign Ministry and the Latvian Office of Citizenship and Migration Affairs, reports Latvian MFA.

02.09.2014

Latvian interior minister "blacklists" five persons in August

Latvian Minister of Interior Rihards Kozlovskis (Unity) has "blacklisted" five persons in August 2014, thus, since Russia's incursion in Ukraine, Latvia's blacklist has been supplemented with 26 persons, the Ministry of Interior informed LETA.

01.09.2014

In H1, volume of freights and number of passengers carried has increased in Latvia

According to the information on freight transport compiled by the Central Statistical Bureau, in the first half of 2014 the total volume of freights carried in main transport sectors has grown by 2.7% as compared to the first half of 2013.

01.09.2014

Riga Shipyard's first half year’s turnover – 6.9 mln, losses – 1.3 mln

Limited liability company's Riga Shipyard (Rigas kugu buvetava) net turnover was EUR 6,916,066, and total net losses were EUR 1,288,002 in the first half of year, according to the company's finance report, handed in to the stock exchange operator NASDAQ OMX Riga, cites LETA.

01.09.2014

China and Central-Eastern Europe seek more potentials on cooperation

China and the Central and Eastern Europe (CEE) region are exerting more efforts to enhance cooperation between the two sides., reports BC China’s Embassy in Riga.

01.09.2014

First "AirDog" drones expected already in November

The first "AirDog" auto-follow action sports drones from Latvia could become available already in November 2014, founder Helico Aerospace Industries Edgars Rozentals said in an interview with the business portal Nozare.lv, cites LETA.

01.09.2014

Krievu Island infrastructure development project in Riga will be completed on time

On August 18, the Riga City Council Deputy Chairman and Chairman of the Board of the Freeport of Riga Mr.Andris Ameriks and the Minister of Transport Mr.Anrijs Matiss visited the site of the ambitious Krievu Island project to assess the infrastructure development progress, reports BC port’s press service.

01.09.2014

Klaipedos Nafta net profit reduced to EUR 3.7 mln in H1

SC Klaipedos Nafta (Klaipeda Oil) net profit for the six months of 2014 amounts to LTL 12.7 million (EUR 3.7 million) or less by 40.7% if compared to the same period of 2013 – LTL 21.4 million (EUR 6.2 million), reports LETA/ELTA, referring to the company.

01.09.2014

Half-year net profit of Ventspils nafta – EUR 4.35 mln

Net profit of Ventspils nafta and its subsidiaries reached EUR 4.35 million in the first half of 2014, according to a report submitted to NASDAQ OMX Riga, cites LETA/Nozare.lv.

01.09.2014

Latvia has one of the cheapest train tickets in the world

According to a price index calculated by the portal Goeuro.com, Latvia has one of the cheapest train tickets in the world, cites LETA/Nozare.lv.

29.08.2014

Flight tickets for Air Lituanica can now be purchased with bitcoins

The growing value of electronic currency – bitcoin – attracts increasingly more users; that is why it is now possible to pay in bitcoins in Lithuania too. The aviation market is also open to innovations – as of now flight tickets for the Lithuanian airline Air Lituanica operated flights may be purchased with bitcoins, reported BC airline’s press service.

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