Transport

International Internet Magazine. Baltic States news & analytics Wednesday, 20.08.2014, 11:47

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Estonian Air updates survival plan

Estonian Air updates survival plan

20.08.2014

The council of Estonian national carrier Estonian Air approved on Tuesday of the company's new restructuring plan, which was forwarded to the Ministry of Economic Affairs and Communications, who should in turn send it to the European Commission's Competition Office, LETA/Postimees Online reports.

Keyword tags: Airport, EU – Baltic States, Latvia, Legislation, Transport



Travel agency Tez Tour triples its profit in 2013

Travel agency Tez Tour triples its profit in 2013

20.08.2014

Travel agency Tez Tour turned over EUR 21,583,681 and earned EUR 446,663, reports LETA/Nozare.lv, according to information provided by Firmas.lv.

Lithuania continues its commitments to Afghanistan

Lithuania continues its commitments to Afghanistan

20.08.2014

On 18 August Lithuanian officers deployed to the United Nations Assistance Mission in Afghanistan (UNAMA) rotated after a year-long tour of duty which also extends Lithuania's participation in the mission for another year, the Ministry of National Defence informs.


Latvian MFA political director meets a Delegation from USTRANSCOM

Latvian MFA political director meets a Delegation from USTRANSCOM

19.08.2014

On 18 August, the Foreign Ministry Political Director met with a delegation from the U.S. Transportation Command (USTRANSCOM) led by General Paul J. Selva. During the meeting, the U.S. side expressed appreciation for the ongoing close cooperation with Latvia that has been facilitating the transit of supplies to the ISAF mission in Afghanistan and also for the reverse transit from the country as the ISAF mission draws to a close at the end of the year 2014, informed Latvia MFA.

Lithuanian Tax Inspectorate: traders successfully diversified their sales in the past

Lithuanian Tax Inspectorate: traders successfully diversified their sales in the past

19.08.2014

When Russia imposed import bans in the past, Lithuanian traders successfully diversified their sales, shows the analysis carried out by the State Tax Inspectorate (VMI). 2013-2014 first half results of companies trading with Russia were compared, reports LETA/ELTA.

19.08.2014

Inchcape Motors Latvia losses at EUR 1.5 mln in 2013

Automobile dealer Inchcape Motors Latvia (Inchcape) concluded 2013 with losses in the amount of EUR 1,498,887, reports LETA/Nozare.lv, referring to information provided by Firmas.lv.

19.08.2014

Eastern European crime gang steals 120 BMW cars in Northern Ireland to ship to Latvia

An eastern European crime gang has allegedly stolen 120 expensive BMW automobiles in Northern Ireland and shipped their parts to Latvia, informs BBC/LETA.

19.08.2014

Buses in Estonia will get alcolocks for drivers

The Estonian Highways Board has begun to gradually demand installing alco-locks or alcohol activated vehicle immobilisers in public transport buses and the police estimate these would also help keep problematic drivers away from driving ordinary cars too, LETA/Postimees writes.

19.08.2014

Uralkhim subsidiary acquires Ventamonjaks

The Ventspils company Ventamonjaks has been acquired by Despina Capital, a company where 55% of shares belong to the Cyprus-registered Uralchem Freight, a subsidiary of the Uralkhim company, and 45% to the Latvia-registered joint-stock company Halcyon Capital, informs LETA/Nozare.lv.

19.08.2014

Federation wants Latvia to participate in EUR 1.27 bln unmanned aircraft project

During the meeting with Latvian President Andris Berzins, Latvian Safety and Protection Industries Federation representatives announced about a chance for Latvia to participate in the international NATO project "Alliance Ground Surveillance", which would secure land and aerial surveillance and aerial, using "Global Hawk" unmanned aircraft, the Presidential Press Service informed LETA.

18.08.2014

Ryanair partners with PayPal

Ryanair, Europe’s favourite low fares airline, today Ryanair, Europe’s favourite low fares airline, today (18 Aug) launched a new payment partnership with PayPal, providing customers, business travellers, travel agents and corporate travel departments with even more ways to book and pay for the lowest fares on the Ryanair.com website, informed BC Elina Hakkarainen.

18.08.2014

Pasazieru vilciens cannot purchase new trains all at once

In evaluating the wobbly financial situation at the Pasazieru vilciens company, it is clear that new trains cannot be purchased all at once, therefore, starting in 2016, they have to be bought gradually, Transport Minister Anrijs Matiss (Unity) revealed today, cites Nozare.lv.

18.08.2014

GDP would suffer 10% reduction if Russia terminated all agreements with Latvia

If Russia decided to terminate all of its agreements with Latvia, including on energy supply, Latvia's gross domestic product would suffer a 10% reduction, Prime Minister Laimdota Straujuma (Unity) said in an interview with Latvian State Radio today, cites LETA.

15.08.2014

Riga invites to The Port Festival

The Port Festival 2014, that has become a beautiful tradition, is part and parcel of the annual Riga City Festival. This year the main Port festival events “Ielu muzikas diena (The Street Music Day)”, “Kanala Regate 2014 (Regatta of the Canal). The Freeport of Riga Cup” and 24-hour outdoor basketball tournament “Krastu Macs (The Game of Two River Banks)” will take place on August 16-17, 2014, reports BC the port’s press service.

15.08.2014

Estonia is represented by other states in matters of Schengen visa issues in 98 countries

Estonia is represented by other states in matters of Schengen visa issues in 98 countries, Estonian Foreign Ministry press service announced, cites LETA.

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