International Internet Magazine. Baltic States news & analytics
Monday, 04.05.2015, 07:57
During the 3rd ASEM transport ministers' meeting in Riga today, European Transportation Commissioner Violeta Bulc said that the Rail Baltica high-speed rail project will be allocated 85% of the project's financing if it meets the conditions set-out by the European Commission, reports LETA.
Keyword tags: EU – Baltic States, Financial Services, Latvia, Railways, Transport
On 29 April 2015, at the 3rd ASEM (Asia-Europe Meeting) Transport Ministers' meeting held in Riga (Latvia), Lithuania's Minister of Transport and Communications Rimantas Sinkevicius presented Lithuania's position on the development of multimodal infrastructure links between Europe and Asia, the ministry reports LETA/ELTA.
On 29 April 2015, the Latvian Foreign Ministry's State Secretary Andrejs Pildegovics met with the Vice Minister for Transport of Korea, Hyungkoo Yeo, to discuss cooperation between both countries in the transport sector, reports BC the Latvian MFA.
The Government of Lithuania has decided to transfer the ownership rights and responsibilities of the state enterprise Infostruktura to the Ministry of Transport and Communications of the Republic of Lithuania, reports LETA/ELTA.
The Euro-Asia multimodal transport linkage must reduce the distance between Europe and Asia, this according to Commissioner for Transport Violeta Bulc during the 3rd ASEM transport ministers' meeting in Riga yesterday, reports LETA.
The State Revenue Service in Latvia has seized one of the largest haul of illegal narcotics in Latvia's history – 1,115 kilograms of hashish with a street value of between EUR 8 to 12 million, the Revenue Service informed LETA yesterday.
Estonian Economy and Communications Ministry of Estonia approved Rene Arikas as the new Director General of the Maritime Administration, LETA/Public Broadcasting reports.
Estonian Prime Minister Taavi Rõivas said that the government is looking for ways to not have to increase the fuel excise tax in 2019, and is considering very seriously abolishing the VAT concession on accommodation establishments gradually, LETA/Postimees Online reports.
Joint-stock locomotive repairs factory Daugavpils lokomotivju remonta rupnica (DLRR) posted EUR 20.1 million in net turnover last year, which is 21% less than in 2013, according to the company's audited financial report submitted to Nasdaq Riga stock exchange, informs LETA.
In January-March 2015, the overall cargo handling in the Baltic Eastern Coast Seaports totalled 92 727,5 thou. tn; the year-on-year change is +2,1% or +1 922,9 thou. tn, reports BC Klaipeda port’s press service.
Two airplanes of the Russian Emergency Situations Ministry were seen departing from Nepal's capital Kathmandu, carrying several Russian, Latvian, and other countries' citizens from the earthquake stricken country, the Russian Embassy to Nepal announced, cites RIA NOVOSTI/LETA.
On Tuesday night, Lithuanian border guards denied entry into Lithuania to four more bikers, citizens of Russia and Belarus. They had visas but were unable to submit other documents without which it is prohibited to enter the Schengen Area, reports LETA/ELTA.
Estonia will invest more funds in 2015 in road construction than last year while the focus is on main highways, those that belong to the international TEN-t roads network, Highways Board deputy director general Kaupo Sirk said, reported LETA/Postimees.
In Lithuanian, turnover of trade and repair of motor vehicles enterprises increased by 31.1% in March
Statistics Lithuania informs that, based on provisional data, in March 2015, the turnover (VAT excluded) of enterprises engaged in wholesale and retail trade and repair of motor vehicles and motorcycles amounted to EUR 220.6 million and, against February, increased by 31.1% at constant prices (seasonally and working day adjusted – by 3.8%).
In 2014, Latvijas Dzelzcels (the Latvian Railroad, LDz) financial liabilities increased by EUR 23 million, reaching EUR 145 million, reports LETA.