International Internet Magazine. Baltic States news & analytics
Thursday, 29.09.2016, 02:57
One of the biggest airlines in the world, Turkish Airlines, is opening a customer service centre in Vilnius to service its clients in Scandinavian and Baltic countries, BC informed Turkish Airlines representative.
Canadian airplane manufacturer Bombardier will deliver the first two new CS300 airplanes to the Latvian national airline airBaltic before the end of this year, Bombardier's Vice President Rob Dewar said during the presentation of new CS300 aircraft in Riga.
Land transport emerged as the biggest payer of environmental fees in Estonia in 2014, when it went past households, Statistics Estonia said in its blog on Wednesday, cites LETA/BNS.
Speaking at the Ariplaan 2017 (Business Plan 2017) conference of Aripaev on Wednesday, Estonia's Minister of Economic Affairs and Infrastructure Kristen Michal described building an undersea tunnel between Tallinn and Helsinki as a very promising project, writes LETA/BNS.
A Public Private Partnership (PPP) project to reconstruct the A14 Vilnius-Utena highway has received approval from the European Investment Bank (EIB) and is set to receive financing from the European Fund for Strategic Investments (EFSI). The total sum of the loan is to be capped at EUR 40 million and will have a 12 year term, Invest Lithuania informs BC.
The Russian shipper St. Peter Line that operates the Tallinn-St. Petersburg route with a fleet of two ships, Princess Anastasia and Princess Maria, is to sell the ships to Italian cruise ship operator Moby Lines, lemarin.fr reports cites LETA/BNS.
The Estonian smartphone app Taxify that connects riders with local taxis and private drivers launched the service with 200 drivers in the Ukrainian capital Kiev on Friday, reports LETA/BNS.
Some 3.166 mln passengers arrived in and departed from Lithuanian airports in the first eight months of this year, up by 13.8 % year-on-year, informs LETA/BNS.
Rigas Satiksme, the municipal public transport company of the Latvian capital city, carried 11.106 mln passengers in August 2016, up 1.4 % from the same month a year ago and up 6.5% from the previous month, LETA was told at the company.
During the first eight months of this year all Latvian ports together handled 41.104 mln tons of cargo, which was a 13.4% drop from the same period last year, LETA was told at the Transport Ministry.
Inchape BM Auto, the dealership of BMW, Mini, Alpina, Jaguar, Land Rover automobiles and BMW Motorrad motorcycles in Latvia, will be merged with Inchape Motors Latvia, which sells Mazda and Ford automobiles in Latvia, according to a statement printed in the official gazette Latvijas Vestnesis.
Toyota Baltic AS boosted its revenue 5.8% to 169.2 mln euros in the financial year ending March 2016, whereas the net result was a loss of 544,088 euros compared with a profit of almost 2 mln euros earned in the previous financial year, reports LETA/BNS.
The Estonian government is losing 357 mln euros annually as a result of the fall in transit volumes from their peak levels ten yars ago, while overall the slump in transit is depriving the Estonian economy of 510 mln euros every year, estimates by the Estonian Logistics and Transit Association indicate, reports LETA/BNS.
Latvia’s airBaltic plane Bombardier Q400 NextGen flying from Riga to Zurich on Saturday was forced to return to the Riga airport and make an emergency landing, said airBaltic spokesman Janis Vanags.
Eesti Post, the state owned Estonian postal company doing business under the Omniva name, has opened a new logistics terminal in Lithuania's second biggest city Kaunas, reports LETA/BNS.