International Internet Magazine. Baltic States news & analytics
Sunday, 22.04.2018, 22:59
DPD Latvija raises profit by 36.2% in 2017
21.04.2018Parcel services company DPD Latvija turned over EUR 15.505 million in 2017, which was a 22.9% increase against 2016, while the company’s profit grew 36.2% year-on-year to EUR 1.341 million, writes LETA, according to information available at Firmas.lv.
Keyword tags: EU – Baltic States, Good for Business, Latvia, Logistics, Post Office, Transport
The Baltic States commence cooperation on the “Amber Train” route
20.04.2018The first train on the line has been launched from Šeštokai railway station in Lithuania to Paldiski terminal in Estonia overnight.
Cargo handling at Riga port might drop by 4 mln tons in 2018
20.04.2018Cargo handling at the Riga port this year might shrink by about four million tons, said Riga vice mayor Andris Ameriks in an interview with the Latvian public television on April 20th, cites LETA.
More motorists pulled over during speed enforcement marathon in Latvia
19.04.2018The number of automobiles pulled over in Latvia during the pan-European speed enforcement marathon in 2018 is higher than in 2017, the State Police's Traffic Safety Department Chief Normunds Krapsis told Latvian Television today, cites LETA.
Lithuanian Railways continues to rank 1st in Baltics by freight traffic
19.04.2018Lietuvos Gelezinkeliai (Lithuanian Railways) increased its lead in the Baltic rail freight market in the first quarter of 2018, informs LETA/BNS.
'No special easing' of requirements for football fans traveling to Russia via Lithuania
Lithuanian officials say that there will be "no special easing" of requirements for football fans who will travel via Lithuania to the Russian exclave of Kaliningrad for 2018 FIFA World Cup matches, reports LETA/BNS.
Eesti Post's net profit grows by 8% in 2017
The state-owned Estonian postal company AS Eesti Post, which operates under the Omniva brand, saw its net profit increase 8% year over year to 1.3 million euros in 2107, informs LETA/BNS.
Ministry keen to boost export of Chinese e-goods via Estonia
Estonia is interested in tapping into e-platforms to increase the flows of goods from China via Estonia, the Estonian Ministry of Economic Affairs and Communications said, cites LETA/BNS.
Drivers of Sebe are about to stage pickets
Drivers of the Estonian bus company Sebe are about to stage pickets in Tartu and Parnu at noon on Wednesday to support their demand for a pay increase, reports LETA/BNS.
Charges in Lithuania's political corruption case - bribes for laws, procurement, posts
Raimondas Kurlianskis, former vice-president of the Lithuanian MG Baltic concern, is charged with paying bribes to politicians for influence to adoption of laws, determining winners of public procurement tenders and appointment of officials, law-enforcement said on April 17th, informs LETA/BNS.
Latvia Tours raises 2017 turnover to EUR 20.123 mln
Latvia Tours travel agency closed 2017 with a turnover of EUR 20.123 million at a 14.6% rise from 2016 and increased its profit 37% to EUR 220,762, said the company's head, Ieva Keisa, cites LETA
Riga Airport sees 20% increase in passenger turnover in Q1
In the first three months of 2018, passenger turnover at Riga International Airport increased by 20% when compared to the same period last year, the airport informed LETA.
SCAT Airlines to launch direct Astana-Vilnius service
SCAT Airlines is set to launch in late May direct flights between Kazakhstan's capital of Astana and Lithuania's capital of Vilnius, informs LETA/BNS.
Fuel tax fraud group suspected of concealing tax liability worth EUR 800,000 in Estonia
Officials of the investigation department of the Estonian Tax and Customs Board (MTA) at the start of April 2018 detained six persons as suspects in a VAT fraud case connected to fuel, which resulted in concealed tax liability in the amount of nearly 800,000 euros, and three of the suspects were taken into custody at the request of the prosecutor's office, reports LETA/BNS.
Latvian speaker in Uzbekistan underscores necessity to continue cooperation in transit
Latvian parliament speaker Inara Murniece (National Alliance) during her visit to Uzbekistan underscored the necessity to continue practical cooperation in transport and transit between both countries, reports LETA.
“Knowing entrepreneurship”: challenges for the Baltics’ authorities 
