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Monday, 11.12.2023, 02:46
In November 2020, electric power generation in Latvia decreased by 21% from November 2019, Augstsprieguma Tikls (AST) transmission system operator's representative Aija Ikstena reported LETA.
Keyword tags: Analytics, Baltic, Energy, Energy Market, Latvia
Largest-ever Baltic startup report launched - investor optimism grows, despite pandemic and fall in funding in 201917.12.2020
Startup Wise Guys together with EIT Digital have launched their 3rd annual Baltic Startup Scene report, the largest to-date. For the first time ever, Baltic startups saw a reduction in total funding in 2019. Despite this, survey insights along with funding data for 2020 reveal that investor and startup optimism is rebounding, with 2020 H1 significantly outperforming 2019 H1 in terms of funding, even with the onset of a pandemic-induced economic downturn.
Lithuania's wholesale electricity prices edged down by 1 percent on average last week compared to a week ago and remain at a stable high level, Litgrid said LETA/BNS.
The Finnish retailer Stockmann is to sell its department store properties in Tallinn, Riga and Helsinki, but will continue operating on the premises as a tenant, according to Finnish public broadcaster Yle reports writes LETA/BNS.
On Monday, the price of electricity in Nord Pool bidding area Estonia will rise to approximately 200 euros per megawatt-hour due to the shutdown of the second reactor of the Olkiluoto nuclear power plant in Finland, writes LET/BNS.
Brown-Forman, one of the largest American-owned spirits and wine companies, has chosen Liviko as its official representative and importer in both Estonia and Latvia. Liviko's import portfolio will include Jack Daniel's Tennessee Whiskey and Finlandia Vodka, among other premium brands, informed Liviko`s representative.
Latvian airline airBaltic cancelled its flights to the Lithuanian capital Vilnius and the country's resort town of Palanga after the Latvian government decided to restrict travel to and from Lithuania, informed LETA/BNS.