International Internet Magazine. Baltic States news & analytics
Sunday, 21.12.2014, 06:02
Cargo ship Sea Wind, which is owned by AS Tallink Grupp, starts its operations on Tallinn-Vuosaari route on 8th of January 2015. The ship will be under Estonian flag and the crew will consist of Estonian seamen, reports BC port’s press service.
Keyword tags: Estonia, Good for Business, Legislation, Port, Transport
French transport, infrastructure and energy giant Alstom plans to take part in Rail Baltica II project, offering infrastructure and energy solutions as well as the rolling stock, said Alstom Central and Eastern European director Valerie Chardon.
Eesti Raudtee (Estonian Railways Co) 2015 net loss will reach EUR 9 million, according to the budget approved by the company's council, LETA/Public Broadcasting reports.
State institutions have implemented at least 85% of solutions suggested by the State Audit Office in Latvia, yet a number of institutions are still reluctant to change anything, reports LETA.
Due to strong demand on its Vilnius route, Turkish Airlines, the 3rd largest carrier in Europe, will increase its flights between Vilnius and Istanbul as from March 2015. Effective from the 29th of March, the schedule will increase from 5 weekly to daily flights, reported BC press service of Vilnius airport.
Estonian Foreign Minister Keit Pentus-Rosimannus spoke during a meeting at the Foreign Ministry in Tallinn with the new Indian Ambassador to Estonia Ashok Kumar Sharma about finding a quick solution to the case of 14 Estonian citizens detained in India and said that there is no need to keep the Estonian ship guards in India, LETA/Public Broadcasting reports.
During a meeting with Foreign Minister of Kyrgyzstan Erlan Abdyldaev yesterday, Latvian President Andris Berzins emphasized that the European Union wishes to see Kyrgyzstan as a democratic country, LETA was informed by the Presidential Press Service.
Estonian state-owned port operator AS Tallinna Sadam (Port of Tallinn) Council approved the company's 2015 budget, according to which the expected operating income will be 111 million and net profit of 41.3 million euros, LETA/Public Broadcasting reports.
Mayor: Saeima decision against state subsidies for public transport a "spit in face for residents of Riga"
The decision by the majority of Saeima members against allotting state subsidies for Riga public transport is a "spit in the face for the residents of Riga", Riga Mayor Nils Usakovs (Harmony Center) believes, reports LETA.
Infare, the flight data collection, delivery and analysis company, is expanding its operations in Lithuania. The Danish company, which opened offices in Vilnius in 2011, already has half of its total workforce based there and plans to increase this number to 30, reports LETA/ELTA, referring to Invest Lithuania.
While on a working visit in Belgrade, Lithuanian Prime Minister Algirdas Butkevicius met with Prime Minister of the People’s Republic of China, Li Keqiang, to discuss possibilities for closer political and economic cooperation, development of relations in transport, agriculture, and education, as well as China + 16 format and its outlook for the future, reported BC government’s press service.
French mechanical engineering company Alstom is "very interested" in future opportunities in the Baltic States and Latvia, including the Latvian railroad electrification and European-standard gauge railway project Rail Baltica, the company's spokeswoman to Finland and Baltic States, Sari Luhanka informed LETA.
Lithuania is going to open new visa centers in 7 foreign countries, reports LETA/ELTA.
A Public Private Partnership (PPP) to reconstruct the A14 Vilnius-Utena highway will be submitted to the Lithuanian Parliament for approval in spring 2015. The project will be the largest ever PPP project in the road sector in Lithuania, reported BC chief project manager at Invest Lithuania Irmantas Butkauskas.
The Irish low-fare airline Ryanair has not yet signed a new agreement with Riga International Airport and could exit Riga with the beginning of March, taking into account the airline's unusual decisions in other airports, CEO of Riga International Airport Andris Liepins said in an interview with LETA.