International Internet Magazine. Baltic States news & analytics
Sunday, 29.11.2020, 19:11
Euromonitor International: Coronavirus Increases Demand for Autonomous Vehicles
27.11.2020The Coronavirus (COVID-19) pandemic has had a significant impact on the mobility sector, with more commuters opting for personal transportation due to health concerns. Moreover, changing shopping habits with a greater focus on e-commerce are changing the landscape for both retail and logistics. These factors are influencing consumer and business demand for autonomous vehicles, although financially struggling automotive companies might find it difficult to meet this demand.
Keyword tags: Direct Speech, EU – Baltic States, Innovations, Technology, Transport
New vessel to bring LNG shipment from US to Lithuania's Klaipeda
27.11.2020A new LNG shipment is scheduled to be delivered from the United States the Klaipeda-based LNG terminal in Lithuania, marking a fourth such delivery in the new gas year that started in October, writes LETA/BNS.
LDz and RZD Discuss possibility of launching passenger transportation on the St. Petersburg – Kaliningrad
27.11.2020In order to discuss current cooperation and agree on further projects to be jointly implemented, a remote meeting of Māris Kleinbergs, Chairman of the Board at SJSC Latvijas Dzelzceļš, and Sergey Pavlov, First Deputy Managing Director of Russian Railway, took place on Thursday, November 26. During the meeting, progress of the projects under way was assessed, as well as mutual interest in implementation of new initiatives was confirmed.
UK applies 14-day self-quarantine for persons arriving from Latvia
27.11.2020Taking into account the epidemiological situation in Latvia, the UK government has set a 14-day self-quarantine requirement for persons arriving from Latvia, LETA was informed by the Latvian Embassy in Great Britain.
Lithuanian transport, accommodation, services companies' revenue up 2.9% in Q3
27.11.2020Lithuania's transport, accommodation and services companies posted 6.4 billion euros (excluding VAT) in revenue for the third quarter of this year. Compared to the second quarter and seasonally and calendar adjusted, revenue rose 2.9%, and jumped at a non-adjusted 13%, the country's statistics service, Statistics Lithuania, said on November 27th, cites LETA/BNS.
airBaltic has submitted a solution to the Ministry of Transport to recover the state investment in the airline
The Latvian national airline airBaltic has submitted to the Ministry of Transport a solution to recover the EUR 250 mln the state invested in the company's share capital this summer, airBaltic CEO Martin Gauss confirmed in an interview with LETA, adding that the proposal envisages selling the airline's shares on the stock exchange.
Russian drone manufacturer Fixar gets Latvian start-up visa
Russian drone developer Fixar has obtained Latvian start-up visa, selecting Latvia as a starting point for the company's development in international market, LETA learned from the company representatives.
Lithuanian airports to add more flight destinations in December
Lithuania's airports are scheduled to add more flight destinations to their schedules in September, with the biggest flight increases expected in the direction of the United Kingdom, Norway, Sweden and Ireland, informs LETA/BNS.
Estonia: Tallink Silja to cut about 100 jobs in Finland
Shipper Tallink Silja is about to cut about one hundred onshore jobs in Finland by the end of the cooperation negotiations with unions that started in October, writes LETA/BNS/STT.
Vinges Terminalas buys logistics center near Vilnius for EUR 10 mln
Vinges Terminalas, a Lithuanian logistics company, has bought a logistics center near Vilnius back from Norwegian-owned BCP Logistic Property III for almost 10 mln euros, reported LETA/BNS.
Rail Baltica to be adapted for military equipment
The construction of the European-gauge railway Rail Baltica in Lithuania will include building four sites for military equipment to facilitate the arrival of NATO units for training, Lietuvos Gelezinkeliai (Lithuanian Railways, LTG), said.
Around 300 trucks waiting to cross from Belarus into Latvia
Around 300 trucks are currently waiting in line on the Belarus side of the border to enter Latvia through the Silene border crossing point, representatives of the State Revenue Service informed LETA, citing information from the State Customs Committee of Belarus.
BaltCap to finance street lighting project in Poland
olish company IZIM, a portfolio company of BaltCap, the largest private equity fund manager in the Baltic states, will fund a street lighting project in Poland, worth 2.6 million euros, informs LETA/BNS.
Latvenergo has been named Latvia's most valuable company for 13th year in a row
Power utility Latvenergo has been named Latvia's most valuable company for 13th year in a row, writes LETA, according to the latest annual Top 101 of Latvia's most valuable enterprises.
Latvian ports' cargo turnover decreases 29.5% in January-October
Latvian ports handled 37.298 million tons of cargo in January-October 2020, a decrease of 29.5% as compared to the same period in 2019, writes LETA, according to the Transport Ministry's data.
Business and training in post-COVID period 
