Date: 06.02.2020.

International Internet Magazine. Baltic States news & analytics Friday, 28.02.2020, 23:18

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VIG Fund acquires from Baltic RE Group three landmark historical buildings in Riga

VIG Fund acquires from Baltic RE Group three landmark historical buildings in Riga

06.02.2020

AS Baltic RE Group – the real estate investor specialized in the creation and management of value-add and core portfolios in the Baltics since 2008, signed a large real estate office deal in Latvia, selling part of his Riga's portfolio to insurance giant Vienna Insurance Group which acquired three landmark office properties in Riga at Kalku street 12, Kalku street 15 and Brivibas boulevard 21. The deal defines a new benchmark in the market and demonstrates the huge potential in the smart historical buildings segment in Latvia, Baltic RE Group representatives informed BC.

Keyword tags: Financial Services, Funds, Good for Business, Latvia, Real Estate



Solutions dictated by the need for IT professionals: from non-formal education to corporate academies

Solutions dictated by the need for IT professionals: from non-formal education to corporate academies

06.02.2020

The growing demand for IT specialists is heating the market not only in the world or Lithuania, but also in Kaunas. In order to prevent the limited supply of skilled workers from becoming a barrier to development and growth, companies are taking a variety of decisions. Nowadays they start looking for talent not in universities but in high schools. However, an equally important factor - the retraining of adults - brings some fresh perspectives and pushes companies to look at the shortage of professionals in a different way.

Estonia: Seasonal air link to launch between Saaremaa capital, Stockholm in May

Estonia: Seasonal air link to launch between Saaremaa capital, Stockholm in May

06.02.2020

The municipality government of Saaremaa and Swedish carrier Braathens Regional Airlines (BRA) have concluded an agreement whereby a seasonal air connection will be introduced between the island's capital Kuressaare and Bromma, Stockholm on May 15, reported LETA/BNS.


Lithuania's wind power output hits all-time record in 2019

Lithuania's wind power output hits all-time record in 2019

06.02.2020

Lithuania's wind power generation hit an all-time record last year thanks to windy weather and improving technologies, the Lithuanian Wind Power Association (LVEA) said LETA/BNS.

Tartu to expand smart bike share system by building 10 new terminals

Tartu to expand smart bike share system by building 10 new terminals

06.02.2020

The Tartu city government is planning to expand the city's smart bike share system launched last year by building ten new bike terminals in various locations across the city, informed LETA/BNS.


06.02.2020

Lithuanian fintech startup starts business in Estonia

Lithuanian fintech startup Neo Finance has entered the Estonian market with the launch of its Neopay payment initiation service (PIS), informed LETA/BNS.

06.02.2020

Will modest consumption hinder retail trade development?

In 2019, the average wages continued to rise steadily and the retail trade capacity expanded. However, monthly developments of the retail sector were rather uneven and overall its annual average growth moderated year-on-year. Nonetheless, in the fourth quarter the development accelerated slightly again, with the year-on-year growth reaching 3.2% in December.

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