International Internet Magazine. Baltic States news & analytics Wednesday, 27.07.2016, 14:32

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 New truck sales grow 32% in Latvia

New truck sales grow 32% in Latvia


Sale of new trucks that weigh over 3.5 tons increased 32% in Latvia in the first six months this year, as the Automotive Association informed LETA.

Keyword tags: Latvia, Statistics, Transport, Truck haulage

Yandex planning to enter Baltic market with taxi-hailing app

Yandex planning to enter Baltic market with taxi-hailing app


Russian company Yandex which offers internet services is planning to enter the Baltic countries, Kazakhstan and Georgia with its taxi-hailing app Yandex.Taxi,write LETA/BNS according to Interfax information.

Police looking into bomb threat against Estonia-Germany flights

Police looking into bomb threat against Estonia-Germany flights


Police presence has been beefed up in the Tallinn airport area as Estonia's Internal Security Service (ISS) is investigating a bomb threat against Estonia-Germany flights, writes LETA/BNS.

Klaipeda leads Baltic ports by cargo turnover in H1

Klaipeda leads Baltic ports by cargo turnover in H1


The port of Klaipeda in Lithuania reported the highest cargo turnover among Baltic ports for the first half of 2016, having reloaded 19.9 mln tons of cargo, up 5.7% against the same period last year, the ports’ data shows, reports LETA.

Superbus to discontinue operations in Estonia

Superbus to discontinue operations in Estonia


Citing administrative decisions, Superbus announced on Friday that it has to suspend all operational activities in Estonia, including the operation of the Riga-Tallinn bus route, after July 31, 2016, reports LETA/BNS.


Orlen Lithuania's H1 net profit drops 12% in H1

Polish-owned Lithuanian oil company Orlen Lietuva said on July 21st that its first-half net profit in 2016 dropped by 12% year-on-year to 128 million US dollars (EUR 116.23 mln), attributing the decline to lower market and refining margins, reported LETA/BNS.


Uber eyeing virtual identification of drivers already this year in Estonia

The Uber operation in Estonia is planning already this year to start using a solution that enables to identify Uber drivers and make their background checks more effective using an online camera and a personal ID, reports LETA/BNS.


airBaltic postpones its flight to Antalya to 11 p.m. on Saturday

In relation to the attempt of a military coup in Turkey, Latvia's national carrier airBaltic has postponed its Saturday's morning flight to Antalya to 11 p.m. on Saturday, the company's spokesman Janis Vanags told LETA.


Port of Tallinn to issue EUR 80 mln bond to finance ferry purchase

The state-owned Estonian port company Port of Tallinn is about to issue bonds worth 80 mln euros in September to finance the acquisition of brand new ferries for island routes, and the entire issue will be subscribed for by Swedbank as investor, writes LETA/BNS.


Latvian ports see cargo turnover drop 15.1% in H1

In the first half of 2016, Latvian ports reloaded 31.7 million tons of cargo, down 15.1 percent from the same period in 2015, the Latvian Transport Ministry said, writes LETA.


Sides fail to reach agreement on Rail Baltica route in Salacgriva

An agreement on where the route of the Rail Baltic high-speed rail line through Salacgriva Region will be constructed was not reached today between the Salacgriva Regional Council, the Transport Ministry and the Environmental Protection and Regional Development Ministry, as no compromise was reached between the sides, informs LETA.


Latvian-Chinese memorandum for cooperation in transport, logistics drafted

Latvian Transport Minister Uldis Augulis (Greens/Farmers) and Ning Jizhe, Vice-Chairman of China’s National Development and Reform Commission, have approved a draft memorandum on comprehensive Latvian-Chinese cooperation in transport and logistics that is to be signed during the 16+1 summit of the heads of government of China and 16 Central and Eastern European countries in Riga in November this year, according the Latvian Transport Ministry information writes LETA.


Latvijas Dzelzcels signs protocol of intent on cooperation in development of rail traffic from China to Latvia

Joint-stock railroad company Latvijas Dzelzcels President Edvins Berzins and China Railway Corporation General Manager Sheng Guangzu have signed a protocol of intent on cooperation in the development of China Railway Express from China to Europe, LETA learned from the Transport Ministry.


New ferries bought from Turkey to arrive on time in Tallinn

According to TS Laevad, the subsidiary of the state-owned Port of Tallinn that is to take over operation of ferry traffic between Estonia's large western islands and the mainland in the fall, the two new ferries bought from the Sefine shipyard in Turkey will start operating on the route by the deadline of Oct. 1.CEO of TS Laevad, Kaido Padar, told LETA/BNS that there is no reason to panic and it is false information that the ships will not make it on time


The Energy Europe Needs

Economies need energy to grow. Europe’s demand for natural gas imports in particular will continue to rise for the foreseeable future as domestic supplies dwindle.

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