International Internet Magazine. Baltic States news & analytics
Sunday, 10.05.2026, 16:49
Apartment building being built in Stockholm by Nordecon reaches full height
Swencn AB, a company of Nordecon Group, has celebrated topping out an eight-story apartment building being built in Stockholm and the company entered into a 6.3 million euro contract with Swedish property development company Brabo Stockholm AB for the construction of the building, informs LETA/BNS.
EU’s trade defence policy: protecting member states’ industries
New EU trade defence legislation is aimed at changing the way the member states deal with the dumped and subsidised imports from countries outside EU with significant state-induced market distortions. The first “cases” would include some China’s industries, followed by Russia’s.
Taxify: decision of European court undermines competition
The decision of the European Court of Justice (ECJ) declaring the ride-booking service Uber a transport service rather than an information society service significantly restricts competition and innovation, says Martin Villig, co-founder of the rival platform Taxify developed in Estonia, cites LETA/BNS.
20% Estonians bought transport service from another individual in 2016/2017
According to 2017 survey results, 20% of individuals in Estonia had arranged transportation services via websites or apps from another private individual for private purposes in the preceding 12 months, reports LETA/BNS.
1 in 10 transit passengers of Riga airport comes from Tallinn
One in ten of the transit passengers of Riga airport comes from Tallinn and one in 12 from Vilnius, the airport company said in a press release on December 20th, cites LETA.
AM Baltics starts work on single Baltic digital platform
The pan-Baltic media group All Media Baltics (AM Baltics) has started work on a single Baltic digital platform, which will be developed as part of an investment program worth over EUR 10 million, the company’s representatives informed LETA.
Estonia adopted all EU directives on time in 2017
Thanks to efficient cooperation of state institutions Estonia has been able to adopt all European Union directives on time in 2017, reports LETA/BNS.
Estonia's EU presidency was EUR 7 mln less expensive than planned
Estonia's presidency of the Council of the European Union turned out to be seven million euros less expensive than planned, which means that about 10% less was spent on the six-month presidency than initially planned, informed LETA/BNS.
EC grants EUR 9.2 mln to Lithuanian farmers, 3.46 mln to Latvian
The European Commission has decided to earmark 9.21 million euros in European Union (EU) support to Lithuanian farmers affected by heavy rainfall, the EC mission in Lithuania told BNS on Wednesday. The European Commission will provide EUR 3.46 million from EU agricultural funds to help farmers from Latvia who had to face exceptional rainfall in the autumn, the Commission’s representation in Latvia reported LETA.
Latvia records second biggest rise in construction output in EU
Production in Latvia's construction sector in the third quarter of 2017 increased 25% as compared to the same quarter in 2015, which was the second biggest rise across the European Union member states, writes LETA, according to Eurostat data.
EU ministers back Lithuania on trade in electricity from 3rd countries
EU energy ministers have agreed that the legislation of the bloc and its member states, including environmental and safety policies, should also apply to EU internal electricity market participants from third countries, a move of particular importance for Lithuania, which has decided to restrict power imports from Belarus' Astravyets nuclear power plant and calls on all EU countries to support this initiative, informs LETA/BNS.
Removing obstacles & reinforcing trust in the Single Market for SMEs and consumers
Two new Commission’s drafts are aimed at making it easier for companies, especially SMEs, to sell their products across Europe. Besides, the proposals would reinforce trust and strengthen control by national authorities and customs officers to prevent unsafe products from being sold to European consumers. Adopted by the European Parliament and the Council, they will be directly applicable in the member states.
Spending EU taxpayers´ money must bring better results
Three years ago the European Court of Auditors (ECA) – EU’s independent external audit body – warned that the culture of “use it or lose it” has to stop. The rationale behind the statement was that the focus on the use of EU taxpayers’ money had been for many years on absorption, not on results. Later, we have repeated the message by saying that “wholly new approach” is needed.
Central bank: Lithuania's GDP growth in 2017 driven by corporate investment, exports
Lithuania's economic growth accelerated this year, driven mostly by investment by privately-owned companies and rising exports, the central bank's economists said on December 19th, cites LETA/BNS.
EU ministers agree on rules that liberalize electricity market
The energy ministers of the European Union on December 18th agreed on new internal electricity market rules which set down common requirements for guaranteeing the competitive ability of the EU electricity market as well as liberalize the market, informs LETA/BNS.
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