International Internet Magazine. Baltic States news & analytics
Tuesday, 15.10.2024, 17:18
BONO aims at a billion!
28.01.2022The LLC (SIA) BONO enters the sawn timber market and plans to attract investments in the amount of 100 million euro to reach 1 billion turnover within 3 years.
Keyword tags: Good for Business, Investments, Latvia, Markets and Companies, Woodwork
On the verge of its 25th anniversary, The Baltic Course leaves business media market
30.12.2020What an irony of the destiny that in the year of its 25th anniversary an international magazine The Baltic Course is leaving the market of mass media. A website about business and analytical news of Baltic States shall remain in the World Wide Web, but starting from 1 January 2021 it will no longer add new articles. This is a final decision. This is not a bankruptcy, our small firm doesn’t have a single debt, not even to the state.
EU to buy additional 100 mln doses of coronavirus vaccine
30.12.2020The European Union will buy an additional 100 million doses of the BioNTech and Pfizer coronavirus vaccine, European Commission President Ursula von der Leyen wrote on Twitter on Tuesday, cites LETA/STT.
Number of new companies registered in Estonia up in 2020
29.12.2020According to SEB, contrary to fears, more companies have been registered in Estonia in 2020 than last year, but April was a much more passive month compared to April of last year, cites LETA/BNS.
Tartu to support students' solar car project
28.12.2020The Tartu city government has decided to financially support a team of Estonian students who are planning to take part in the renowned Bridgestone World Solar Challenge race of solar powered cars in Australia in 2021, informs LETA/BNS.
Owner of Kunda Nordic Tsement to install full-scale CCS facility in Norway
HeidelbergCement Group, which also includes the Estonian company Kunda Nordic Tsement AS, is to install the world's first full-scale carbon capture and storage (CCS) facility in its cement plant in southern Norway, informs LETA/BNS.
LTG Infra gets green light to build Rail Baltica section from Kaunas to Latvian border
LTG Infra, the infrastructure subsidiary of Lietuvos Gelezinkeliai (Lithuanian Railways, LTG), has took over the ownership of land necessary for the construction of the European-gauge railway Rail Baltica's stretch from Kaunas to the border with Latvia, informs LETA/BNS.
Flying Forward 2020 starts developing air mobility of cities
Flying Forward 2020, a consortium made up of 30 partners, is about to start developing a new urban air mobility (UAM) ecosystem for the European Union, focusing primarily on drones, informs LETA/BNS.
In 2019, household disposable income in Latvia increased by 6.8%
Results of the survey conducted by the Central Statistical Bureau (CSB) in 2020 show that, compared to 2018, in 2019 household disposable income (1) increased by 6.8 %, reaching 583 euros per household member monthly.
The vaccination against Covid-19 in Latvia will start on December 28
The first batch of Covid-19 vaccines that will be delivered to Latvia shortly is expected to contain 9,750 doses of the Pfizer-BioNtech vaccine, LETA was told at the State Medicines Agency.
Latvia completes new power line to end link with Moscow
Latvia completed a new high-voltage power line to Estonia on Monday in the latest step in aligning electricity grids in the Baltic states with European Union neighbors instead of Russia, informs LETA.
EU Commission authorizes Pfizer-BioNTech vaccine
The European Commission on Monday authorized the vaccine against Covid-19 developed by Pfizer and BioNTech for use in the European Union (EU), paving the way for the start of vaccination in the next few days, informs LETA/AFP/DPA.
Veriff starts cooperation with Bolt
Estonian identity verification company Veriff is partnering with the Estonian mobility platform Bolt to verify their users in a number of European states, informs LETA/BNS.
Stena Line to put Stena Scandica and Stena Baltica ferries on Ventspils-Nynashamn route
As of 2021, Scandinavian shipper Stena Line will be operating two ferries on the Ventspils-Nynashamn route - the Stena Scandica and the Stena Baltica, representatives of Stena Line informed LETA.
Hanza Holding investing in its Tartu plant
Swedish technology company Hanza Holding AB is expanding its capacity for regional manufacturing in the Baltics by investing about 80 million Swedish kronor or 7.9 million euros in a new production facility of just over 12,000 square meters in Tartu, Estonia, reports LETA/BNS.