Transport

International Internet Magazine. Baltic States news & analytics Monday, 04.05.2015, 07:57

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Commissioner: Rail Baltica will be allocated 85% of financing if the project meets conditions

Commissioner: Rail Baltica will be allocated 85% of financing if the project meets conditions

30.04.2015

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



Lithuania's goal: bridge Asia and Europe in terms of transport and logistics

Lithuania's goal: bridge Asia and Europe in terms of transport and logistics

30.04.2015

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.

Latvia and Korea discussed cooperation in transport sector

Latvia and Korea discussed cooperation in transport sector

30.04.2015

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.


Lithuania's transport ministry to govern state co Infostruktura

Lithuania's transport ministry to govern state co Infostruktura

30.04.2015

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.

Bulc: Euro-Asia multimodal transport linkage must reduce distance between Europe and Asia

Bulc: Euro-Asia multimodal transport linkage must reduce distance between Europe and Asia

30.04.2015

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.

30.04.2015

Latvian Revenue Service seizes record haul of hashish worth between EUR 8 to 12 mln

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.

30.04.2015

Economy ministry of Estonia appoints new head of Maritime Administration

Estonian Economy and Communications Ministry of Estonia approved Rene Arikas as the new Director General of the Maritime Administration, LETA/Public Broadcasting reports.

29.04.2015

Estonian PM: we are looking for alternatives to take a step back with fuel excise tax increase

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.

29.04.2015

Daugavpils lokomotivju remonta rupnica saw 21% reduction in turnover in 2014

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.

29.04.2015

In January-March, cargo handling in the Baltic Eastern Coast Seaports grew by 2.1%

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.

29.04.2015

Russia evacuates 128 people from Nepal, including Latvian citizens

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.

29.04.2015

Russian bikers continue their attempts to enter Lithuania without proper documents

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.

29.04.2015

Estonia invests more in roads in 2015

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.

29.04.2015

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%).

29.04.2015

LDz financial liabilities amount to EUR 145 mln in 2014

In 2014, Latvijas Dzelzcels (the Latvian Railroad, LDz) financial liabilities increased by EUR 23 million, reaching EUR 145 million, reports LETA.

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