International Internet Magazine. Baltic States news & analytics
Thursday, 24.08.2017, 00:22
End of fossil fuels: warning to the Baltic States
23.08.2017At the time when some Baltic States are receiving LNG tankers from the US, some other Nordic countries are getting rid of existing oil/gas production. Denmark’s option seems to show another vision of energy security and provide for more sustainable energy consumption.
Keyword tags: Analytics, Energy, EU – Baltic States, Transport
ss.lv has agreed to provide all necessary information to Revenue Service
23.08.2017ss.lv classified ads website has agreed to provide all necessary information to the State Revenue Service, said Latvian Prime Minister Maris Kucinskis (Greens/Farmers) in an interview with commercial LNT television on August 23rd, cites LETA.
Circle K, Olerex join Neste's price cut campaign in Estonia
23.08.2017Rival motor fuel retailers Circle K and Olerex have joined a price cut campaign of Neste and are selling motor fuel at wholesale prices at pump on August 23rd in Estonia, informs LETA/BNS.
Optimistic outlook for ferry shipping in Lithuania
23.08.2017The Gardenia Seaways, a large ro-ro freight vessel of Klaipeda-registered DFDS Seaways, entered service between the Dutch port of Rotterdam and the British port of Imminghan in 2017, and as its sister ship, the Tulipa Seaways, is to be added to the route shortly, the daily Lietuvos Zinios reported on August 22nd, cites LETA/BNS.
Belarusian BNK: switching from Baltic to Russian ports not feasible
23.08.2017Belarusian exporters of oil products say that switching from Baltic ports to Russian ones is not in their interests, as Sergey Grib, head of the Belarusian oil products exporter BNK, said on August 21st, cites LETA/BNS/Interfax.
Port of Tallinn still looking for developer of soybean plant at Muuga
The state owned port company Port of Tallinn has not yet found a developer for the land plot at Muuga port just outside Tallinn which the detailed plan earmarks for a soybean oil factory, but keeps looking for a partner to step in the place of the original developer that has gone out of business, informs LETA/BNS.
Overall passenger traffic in Lithuania fell by 0.7% in H1
The overall passenger traffic in Lithuania declined by 0.7% in the first half of 2017 from a year ago to 195.732 million, reports LETA/BNS, according to estimates released by the country's statistics office on August 22nd.
Eesti Post to expand network of parcel machines in Baltics by half
The state owned Estonian postal and logistics company Eesti Post is about to install 65 brand new parcel machines across the Baltic countries this fall, as a result of which the size of its parcel machine network will grow by almost half from the present, informs LETA/BNS.
Revenue of DFDS climbs 4% to EUR 496 mln in Q2
The North European shipper DFDS, whose operations include freight services from the Estonian port of Paldiski to Kapellskar, Sweden and Hanko, Finland, saw its revenue in the second quarter of 2017 grow 4% year over year to 496 million euros. Earnings before interest, taxes and depreciation (EBITDA) rose 5% to 99 million euros, informs LETA/BNS.
Avia Solutions Group boosts H1 revenue, but profit declined
Lithuania-based, Warsaw-listed aviation business group Avia Solutions Group (ASG) said that its first-half consolidated revenue jumped by 24.6% to 168.797 million euros, from 135.524 million euros a year earlier, informs LETA/BNS.
Citadele bank plans to issue EUR 12 mln loan for Wash And Drive chain
Latvia's Citadele bank plans to issue EUR 12 million loan for development of Wash And Drive self-service car wash chain, the bank's spokeswoman Baiba Abelniece reported LETA.
Lithuania expects more LNG shipments from US
More shipments of liquefied natural gas (LNG) from the United States to Lithuania are expected to follow after the first-ever LNG cargo was delivered to Klaipeda from across the Atlantic on Monday, but politicians and market participants do not predict that Russia's Gazprom will be driven out of the market for good, informs LETA/BNS.
Klaipeda remains Baltics' No 1 container port
Klaipeda remained the number one seaport in the Baltic countries in terms of container handling in January through July 2017, the port's authority said, cites LETA/BNS.
SIA Internet and SS fined EUR 15,000 each by Consumer Rights Protection Center
The Consumer Rights Protection Center has fined companies SIA Internet and SIA SS, each has to pay a EUR 15,000 fine for their unfair business practices, as the center's representative Sanita Gertmane told LETA.
Border guards uncover illegal channel for Tajiks into Lithuania
Lithuanian border guards have uncovered an illegal channel for Tajik nationals into Lithuania and have found that the alleged organizers and perpetrators of the trafficking of migrants also forged documents for arriving foreigners, the State Border Guard Service informed LETA.
Circular economy: new political economy guidelines
