International Internet Magazine. Baltic States news & analytics
Sunday, 29.06.2025, 06:25
Estonians to build the world's highest wooden building in Norway
The Estonian construction concern Kodumaja AS concluded a contract with a developer from Bergen, BOB Eiendomsutvikling AS, to build the world's tallest wooden building in Norway, Äripäev.ee/LETA reports.
Mazeikiu Nafta becomes a big headache for Lithuania
Some time ago Mazeikiu Nafta, the only oil refinery in the Baltic States, was Lithuania's pride. Now it becomes an increasingly big headache, writes LETA/ELTA, referring to Respublika.
Estonia is higher than its neighbors in EU regarding competitiveness
Estonia is on the 12th position in the fresh European Union competitiveness rankings list, compiled by the World Economic Forum, LETA/Postimees Online reports.
Latvian regulator gives a green light to PZU to purchase the shares of Balta
The Financial and Capital Markets Commission of Latvia gave consent to PZU to purchase the shares of AAS Balta – leader of the Latvian insurance market. This is another step in the international expansion of the biggest Polish insurer, informed BC Agnieszka Zebrowska from the corporate communication department at PZU Group.
Lithuanian Railways and Post are seeking to connect Lithuania with China
Two companies, Lithuanian Railways (Lietuvos Gelezinkeliai) and Lithuania Post (Lietuvos Pastas), are seeking to join forces and transport a portion of cargo shipped between Europe and China through Lithuania. The intention was embodied in an agreement by heads of the companies, Stasys Dailydka and Lina Minderiene, informs LETA/ELTA.
Lithuania conveys best practice on combating fraud to Bulgarian officers
Bulgaria's AFCOS (Anti-Fraud Coordination Service) Directorate is paying a visit to the Ministry of Finance and other Lithuanian institutions to gain best practice experience in determining and investigating violations related to the EU funded projects, informs LETA/ELTA.
Wendre's owner buys Finnish textile plants
Peter Hunt, owner of one of Europe's biggest bed textiles producer Wendre that is based in Estonia bought Finnish leading home textiles producer Finlayson's two plants in Finland and one in St Petersburg, retail stores in the Baltic states and Russia and the Familon trademark, Äripäev.ee/LETA reports.
Lithuanian socdems delegate health minister as party's candidate to EC
Lithuanian Social Democratic Party (LSDP) has delegated Minister of Health Vytenis Povilas Andriukaitis as the party's candidate to the European Commissioner's position, reports LETA/ELTA.
EU covers EUR 1.5 mln for use of "An-225" aircraft
The world's largest aircraft "An-225", which will be used to transport Latvian soldiers' military equipment to Central African Republic (CAR), landed at Riga Airport this afternoon, reports LETA.
Stadler hands over the last new train to Estonian Elron
According to the passenger trains procurement contract between Swiss manufacturer Stadler Rail Group and Estonian train traffic operator Elron, the last, 38th Stadler FLIRT train reached Estonia ahead of deadline, LETA/Public Broadcasting reports.
Latvia registers EU's fourth smallest increase in industrial production in April
Compared to April 2013, industrial production output in Latvia increased 1.3% in April 2014 – the fourth smallest increase in the European Union, according to the EU's statistical office Eurostat. Industrial production output in Estonia increase by 3.9%, but in Lithuania a reduction of 0.1% was registered, writes LETA.
Latvian Education Ministry: there cannot be schools financed by Russia
No Russian Federation-financed schools can be established in Latvia, as it would be impossible to receive all of the necessary licenses and permits to do so, the Ministry of Education and Science informed LETA, in regard to Russian Minister of Foreign Affairs Sergey Lavrov's proposal about Russian schools in the Baltic States.
Ukraine shows interest in Latvia's experience in several areas
Foreign Ministry press secretary Karlis Eihenbaums admitted to LETA today that Ukraine has shown interest in Latvia's experience in several areas.
EU and Arab League foreign ministers adopt a joint declaration
On Wednesday, Foreign Ministry State Secretary Andrejs Pildegovics represented Latvia at the European Union–Arab League Ministerial Meeting, which took place in Athens, LETA was informed by the Foreign Ministry.
European Commission confirms draft budget for 2015
On June 11th, the European Commission (EC) has confirmed draft budget for the next year, increasing the Asylum, Migration and Integration Fund by 140% and the Health and consumer protection fund by 20%, the EC's announcement indicates, cites LETA.
«The Baltic Course» Is Sold and Stays in Business!
