Good for Business

International Internet Magazine. Baltic States news & analytics Saturday, 25.01.2020, 05:30

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Estonia: Workland opens co-working centers in Riga, Vilnius with EUR 2 mln

Estonia: Workland opens co-working centers in Riga, Vilnius with EUR 2 mln

24.01.2020

Workland, a company offering fully serviced shared office spaces, opened two new co-working centers in Riga and Vilnius this week after investing approximately a million euros in both centers. There are altogether 335 working spaces in the two new centers. By now, Workland has opened 10 centers across the Baltics, the company said LETA/BNS.

Keyword tags: Baltic, Good for Business, Investments, Real Estate



Business angels have invested EUR 10.85 mln in Latvia's startups in 5 years

Business angels have invested EUR 10.85 mln in Latvia's startups in 5 years

24.01.2020

Private investors or so-called business angels in five years have invested EUR 10.85 mln in Latvia's startups, Juris Birznieks, the board chairman of the Latvian Business Angel Network (LatBAN) at the annual investors event said LETA.

Conexus to invest EUR 88 mln in upgrade of Incukalns underground natural gas storage facility

Conexus to invest EUR 88 mln in upgrade of Incukalns underground natural gas storage facility

24.01.2020

Latvia's natural gas transmission and storage operator Conexus Baltic Grid (Conexus) will invest EUR 88 mln in the upgrade of Incukalns underground natural gas storage facility, LETA learned at the company.


Estonia: Skeleton Technologies' energy storage systems to be installed on Warsaw trams

Estonia: Skeleton Technologies' energy storage systems to be installed on Warsaw trams

24.01.2020

Skeleton Technologies, a company of Estonian origin that provides ultracapacitors and energy storage systems for transportation and grid applications, has signed an agreement with Polish power system developer Medcom for the installment of energy storage systems on electric trams in Warsaw, CEO of Skeleton Technologies Taavi Madiberk said.

TOP 10 real estate investment deals in 2019 in Riga

TOP 10 real estate investment deals in 2019 in Riga

23.01.2020

Low volumes of cashflow property development in recent years forced investors to consider not only ready-made properties but also those with development potential. In addition to the traditional objects with cashflow, the rating of TOP10 of 2019 real estate deals in Riga and surroundings also includes three considerable development land deals, BC learned from the Colliers International.


23.01.2020

Estonian govt to disburse EUR 353.7 mln in education support

The Estonian government is about to allocate at its meeting on Thursday 353.75 million euros from the support fund to municipalities for the financing of education, informed LETA/BNS.

22.01.2020

Coffee Inn chain merges with Narvesen Baltija

The restructuring process of Coffee Inn, the owner of Caffeine Roasters coffee shop chain, merging with Narvesen Baltija retailer, has been completed, according to Firmas.lv business database. The restructuring process was completed on January 21, reported LETA.

22.01.2020

Latvia makes progress in strengthening measures to tackle money laundering and terrorist financing

Latvia has made progress in strengthening its framework to tackle money laundering and terrorist financing, finds the first enhanced follow-up report, published today by the Committee of Experts on the Evaluation of Anti-money Laundering Measures and the Financing of Terrorism (MONEYVAL).

22.01.2020

Hotels: More Russian tourists than expected arrived in Tallinn for New Year holiday

Tentative figures suggest that Russian tourists arrived in Tallinn for the past New Year holiday in bigger numbers than expected, which indicates that the popularity of Estonia as a travel destination among in Russians is on the rise, the Estonian Hotel and Restaurant Association said LETA/BNS.

22.01.2020

Estonia: PRFoods subsidiary to expand fish farm in Sweden

Overumans Fisk AB, subsidiary of listed Estonian fish products seller PRFoods AS, has obtained an approval to establish an additional fish farm in the Vasterbotten region of Sweden, PRFoods informed the stock exchange.

22.01.2020

Latvia: AmberBirch veneer maker to start shipping products to European countries soon

AmberBirch veneer manufacturer has started selling its products in South East Asia and will soon start shipping products also to clients in European countries, LETA was told at the company.

22.01.2020

Estonia: Tanker meets crowdfunding campaign's minimum target on 1st day

Estonian craft beer maker Tanker Brewery, which on Tuesday launched a crowdfunding campaign on the Funderbeam platform, had surpassed the campaign's 100,000-euro minimum target by 85,000 euros by the afternoon informed LETA/BNS.

21.01.2020

Helsinki port continued to be Europe's busiest passenger port in 2019

The port of Helsinki continued to be the busiest passenger port in Europe last year with 12.2 mln ship passengers moving via the port during the 12 months, informed LETA/STT.

21.01.2020

Estonia: KFC to open restaurant at Tallinn Airport in spring

Fast food chain Kentucky Fried Chicken (KFC) is about to open a restaurant at Tallinn Airport this spring, informed LETA/BNS.

21.01.2020

Bolt expands to Armenia, Malta

Beginning on Tuesday, rides via the Bolt online transport platform can be ordered in Armenia and the food delivery service of Bolt Food in Malta, evgeni Belussov, executive responsible for enlargement at Bolt, said.

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