Transport

International Internet Magazine. Baltic States news & analytics Sunday, 05.07.2015, 03:07

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INVL Baltic Real Estate increases economic interest in Latvian Dommo to 100%

INVL Baltic Real Estate increases economic interest in Latvian Dommo to 100%

03.07.2015

On NASDAQ OMX Vilnius stock exchange listed real estate investment company INVL Baltic Real Estate completed acquisition process and increased share in nearby Riga located logistics complex Dommo from 50 to 100% for EUR 3.1 million, the company said in a statement, cites LETA/ELTA.

Keyword tags: Investments, Latvia, Lithuania, Logistics, Real Estate, Transport



Cargo turnover at Riga Port increased by 2% in H1

Cargo turnover at Riga Port increased by 2% in H1

03.07.2015

Cargo turnover at Riga Port increased 2% in the first half of the year 2015, according to Riga Vice Mayor Andris Ameriks in an interview with LTV this morning, cites LETA.

Police will monitor bikers ride via Vao refugee centre village

Police will monitor bikers ride via Vao refugee centre village

03.07.2015

The Estonian motobikers community is organising a ride that could involve over a thousand people, which they say is in support of the village residents of Vao, the location of Estonia's only refugee centre; the North East Estonian Rakvere police station head Indrek Link said that the organisers of the Saturday's motorcycle ride have contacted the police and a public meeting notice has been submitted; LETA/Delfi reports.


Tallink registers 2% decrease in passenger numbers in June y-o-y

Tallink registers 2% decrease in passenger numbers in June y-o-y

03.07.2015

Estonia's biggest passenger shipping company AS Tallink Grupp informed the Tallinn stock exchange that in June 2015, it transported 882,635 passengers, which is almost a 2% decrease compared to June 2014, informs LETA.

Citadele bank in Latvia introduces payment cards with e-ticket function

Citadele bank in Latvia introduces payment cards with e-ticket function

03.07.2015

Citadele banka has created an innovative opportunity to use payment cards as electronic tickets in capital of Latvia, Riga. Now inhabitants can register their rides on public transport in Riga and pay for public transport services from the accounts associated with their payment cards, reports BC head of external communications at Citadele bank Baiba Abelniece.

03.07.2015

EasyJet launches adds flights on Tallinn-Milan route

Starting from December 3rd 2015 EasyJet will launch double weekly flights on Milan-Tallinn route, Tallinn Airport announced BC.

02.07.2015

Litgas and Statoil prepare joint venture to enter Baltic Sea small scale LNG market

Natural gas supply and trading company Litgas, part of Lithuania's state owned energy holding Lietuvos Energija, and Statoil, leading global energy company in oil and gas production, signed a memorandum of understanding (MoU) on July 2nd in Vilnius, Lithuania regarding establishment of a joint venture company in Lithuania to develop small scale LNG bunkering services, Litgas reports LETA/ELTA.

02.07.2015

Lithuanian ships are in debts

It has been reported recently that vessel Romuva, owned by Lietuvos Juru Laivininkyste (Lithuanian Shipping Company), was prohibited from leaving Italian port due to debt. It transpired afterwards that two more ships of the company, Raguva and Voruta, suffered a similar fate, reports LETA/ELTA, referring to Klaipeda.

02.07.2015

Latvia-Russia Cross Border Cooperation Program 2014-2020 submitted to EU Commission

The Latvia-Russia Cross Border Cooperation Program for 2014-2020 has been submitted to the European Commission. The aim of the program is to facilitate sustainable socioeconomic growth of specific cooperation regions, the Environmental Protection and Regional Development Ministry informed LETA.

02.07.2015

Klaipedos nafta petroleum product transshipment grows by 33.2% in H1

During June 2015, state company Klaipedos nafta reloaded 634 thousand tons of petroleum products into its storage tanks of Klaipeda oil terminal and Subacius fuel base (SFB), i.e. greater by 56.9% compared to June 2014, when 404 thousand tons were reloaded, the Company said in a statement, cites LETA/ELTA.

02.07.2015

Both Lithuania and China see cooperation opportunities in transport

During the conference One Belt, One Road – Visions and Opportunities held in Klaipeda, leadership of China's province of Xinjiang and representatives of the largest Chinese companies engaged in the sector of transport, logistics, construction, and rolling-stock were introduced to Lithuania's sectors of transport and logistics, business cooperation opportunities, and business investment environment, reports LETA/ELTA.

02.07.2015

Ryanair launches European wide petition to keep Europe's skies open

Ryanair, Europe’s favourite airline, on July 1st 2015 launched an EU wide online petition to prevent Europe’s consumers having their travel plans disrupted or holidays cancelled by tiny groups of Air Traffic Control (ATC) unions going on strike and closing skies over Europe, reports BC Elina Hakkarainen.

02.07.2015

Estonian foreign minister announced of resignation

Estonian Foreign Minister Keit Pentus-Rosimannus announced on July 1st 2015 of submitting her resignation to the prime minister in connection with a court ruling that declared her co-responsible in the bankruptcy case of a company that belonged to her father, LETA/Postimees Online reports.

02.07.2015

Number of traffic accidents and drunk drivers decreased in Estonia in June

The traffic situation in Estonia improved in June 2015 as compared to the same time last year regarding people involved in traffic accidents and the number of drunk drivers, and also fewer traffic accidents occurred in the first half of 2015 than at the same time last year, LETA/Postimees Online reports.

01.07.2015

Tallinn-Moscow train likely to start operating again

The Moscow-Tallinn passenger train that stopped operating in May 2015 will start operating again on 10 July 2015, but this time the line goes through St. Petersburg, LETA/Postimees Online reports.

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