Transport

International Internet Magazine. Baltic States news & analytics Friday, 22.05.2015, 13:00

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airBaltic to replace Air Lituanica flying

airBaltic to replace Air Lituanica flying

22.05.2015

The Latvian airline airBaltic will replace Air Lituanica flights and rescue the stranded passengers, affected by today’s suspension of operations of the Lithuanian carrier, reported BC Janis Vanags.

Keyword tags: Airport, EU – Baltic States, Latvia, Lithuania, Transport



Search operation for An-2 pilots over water gets terminated

Search operation for An-2 pilots over water gets terminated

22.05.2015

On 21 May, at 4:10 p.m., the Maritime Rescue Coordination Centre of the Lithuanian Navy decided to terminate the over-water search operation to find two pilots of the Lithuanian aircraft An-2, reports LETA/ELTA.

Lithuanian PM and President of Kazakhstan admit high potential for economic cooperation

Lithuanian PM and President of Kazakhstan admit high potential for economic cooperation

21.05.2015

On the final day of his visit to Kazakhstan, Lithuanian Prime Minister Algirdas Butkevicius has met with President of Kazakhstan Nursultan Nazarbayev. The meeting has talked over development of bilateral economic relations as well as existing agreements and opportunities, including the designation of the Sun (Saule) Container Train as the official carrier of Expo 2017, reported BC governmental press service.


Lithuania may become Kazakhstan's maritime gateway to West

Lithuania may become Kazakhstan's maritime gateway to West

21.05.2015

Rimantas Sinkevicius, minister of transport and communications of Lithuania, during the meeting held in Astana with the First Vice-Minister for Investment and Development of the Republic of Kazakhstan Janis Kasimbet, expressed Lithuania's position on bilateral cooperation in the field of transport and further prospects of its development, Lithuania's ministry informed BC.

Tallinna Sadam pays a dividend of 31.2 mln euros to the state

Tallinna Sadam pays a dividend of 31.2 mln euros to the state

20.05.2015

Estonian economy and communications minister Kristen Michal confirmed today the dividend of state-owned ports operator AS Tallinna Sadam (Port of Tallinn) at 31.2 million euros, to which income tax expense in the amount of 7.8 million euros is added, LETA/Delfi Ärileht reports.

20.05.2015

Emperor Aviation chooses new FBO RIGA business aviation centre for its Gulfstream G650

FBO RIGA, a certified ground handling agent and the operator of a business aviation centre at Riga International Airport, and Emperor Aviation, one of the leading business aviation operators in Russia, signed a contract for basing a Gulfstream G650 jet at the new, ultra-modern FBO RIGA Business Aviation Centre at Riga International Airport (Latvia). The one-year contract was signed at EBACE 2015 in Geneva (Switzerland).

20.05.2015

Lithuanian haulers interested in doing business with Turkey

As business opportunities with Russia face challenges, some Lithuanian haulers have turned to Europe while others hope to discover possibilities in Turkey. Lithuanian National Road Carriers Association (Linava) discussed cooperation opportunities with Turkey's Road Transport Inspectorate, reports LETA/ELTA.

20.05.2015

Estonian Alexela Group profit fell by 45% in 3 months

Estonian energy, real estate and metals industry group Alexela Group earned in the first three months of the year 2015 a revenue of 50.1 million euros, which was 15% less than the year before while its operating profit was 2.9 million euros, 45% less than the year before, LETA/Delfi Ärileht reports.

20.05.2015

Construction quality of Latvia's roads is improving

In an interview on this morning's edition of the "Latvijas Neatkariga televizija" (LNT) news program "900 Seconds", the head of state-owned road maintenance company Latvijas Valsts celi (Latvian State Roads) Janis Lange said that the construction quality of Latvia's roads is improving, reports LETA.

20.05.2015

Lithuanian PM discusses business cooperation with Kazakhstan

On Tuesday, at the opening of Lithuania–Kazakhstan Business Forum in Astana, Prime Minister Algirdas Butkevicius has expressed his delight about a large delegation of almost 80 business representatives, who have accompanied the official delegation of Lithuania to Kazakhstan, reports BC governmental press service.

20.05.2015

Small plane "An-2" missing several days found in Baltic Sea

Yesterday afternoon, a "Kursis M-54" mine countermeasures vessel of the Lithuanian Navy, found the missing Lithuanian aircraft "An-2", reports LETA/ELTA.

19.05.2015

Estonian Elron wants to buy new luxury trains

Estonian state-owned railway passenger transport operator Elron wants buy by 2018 several five-railcar trains that would replace the current Tallinn-Tartu route express trains, be more spacious and comfortable, LETA/Postimees Online reports.

19.05.2015

Rinkevics for "The Parliament" magazine: EU committed to peace, prosperity and stability

As the threat of Russia looms over peace and stability in the east, the EU must work to strengthen ties and cooperation with its eastern partners, writes Edgars Rinkevics.

19.05.2015

TRAFI app receives funding in the amount of USD 6.5 mln

The team of company TRAFI, which is the developer of one of the most popular public transport application for emerging markets, today in London announced that it has received funding in the amount of USD 6.5 million from new investors – Octopus Investments, EBRD Venture Capital Investment Programme and BaltCap.

19.05.2015

345 km worth of Latvian highways to be renovated by 2020

In order to improve the quality of Latvia's main state highways, EUR 218 million worth of European Union Cohesion Funding will be allocated for this purpose from the bloc's 2014-2020 multi-annual budget, the government decided today, cites LETA.

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