International Internet Magazine. Baltic States news & analytics
Tuesday, 22.07.2025, 07:18
National lottery company Latvijas Loto plans to enter interactive gambling market
The Latvian national lottery company Latvijas Loto may enter the interactive gambling market next year, the Finance Ministry said LETA.
EfTEN acquired new Selver supermarket development on the outskirts of Tallinn
A public closed-end alternative investment fund EfTEN Real Estate Fund III AS acquired from Oma Ehitaja AS a property at Pärnu maantee 554 and company Projekt 554 OÜ, developing new Selver supermarket to Laagri borough, located on the outskirts of Tallinn, Eften fund informed BC.
Lietuvos Dujų Tiekimas has successfully entered the Latvian market
Lietuvos Dujų Tiekimas natural gas supply and trading company, part of the state-controlled Lietuvos Energija energy company group, has signed its first natural gas supply agreements with clients in Latvia, LDT representative informed BC.
Latvian start-ups may join Nordic Innovation House in Silicon Valley
Latvian start-up companies may join the Nordic Innovation House in the Silicon Valley, the US, Latvian economics minister’s spokeswoman Agita Baltbarde said LETA.
RusLine launches flights between Vilnius and St. Petersburg
Russia's airline RusLine on Monday is launching a service between Vilnius and St. Petersburg, reports LETA/BNS.
Nordica starts flying to summer destinations
he Estonian state owned airline Nordica this week started services to its six summer destinations in France, Croatia, Germany and Ukraine, informed LETA/BNS.
airBaltic flies 18.4% more passengers in January-April
Latvia’s national carrier airBaltic flew 876,328 air passengers during the first four months of this year, which was an 18.4% rise against the same period last year, LETA was told at the company.
Profitability of Latvian banks among highest in EU
The profitability of Latvia’s commercial banks is among highest in the European Union (EU), but lending is still sluggish, Valdis Dombrovskis, the European Commission’s Vice President for the Euro and Social Dialogue, said today at the conference “Latvian Economy: Past, President and Future”.
Estonia and Russia sign agreement on cross-border cooperation
An agreement on cross-border and interregional cooperation between Estonia and Russia was signed within the framework of an international forum of border regions in the northwestern Russian regional capital Pskov on Thursday, the Estonian Ministry of Finance said BC,
Connected Baltics launches first nation-wide IoT network in Estonia with international reach
Connected Baltics OÜ, the exclusive Sigfox operator has started providing Internet of Things (IoT) network services in Estonia. The service is now available in most dense areas covering more than half of the Estonian population. The remaining low-dense areas will be covered later this year. Estonia is the first country in the Baltics to be covered nation-wide with Sigfox Internet of Things network, Connected Baltic informed BC.
Lithuania tenders Police Infrastructure PPP projects in Kaunas and Panevezys
On the 11th of May the Police Department, under the Ministry of the Interior, launched a tender for Police Infrastructure PPP projects in Kaunas and Panevezys.
Transferwise becomes profitable 6 years after being founded
Transferwise, the U.K. money transfer and foreign currency payments company that has its development unit in Tallinn, has become profitable six years after being founded, according to BBC reported writes LETA/BNS.
Cadastral values in Latvia to be frozen for two more years
The Latvian parliament in the final reading today adopted the legislative amendments proposed by the Justice Ministry, providing that cadastral values of real estate properties will be frozen for two more years, reports LETA.
Omniva looking for builder of EUR 16 mln logistics center
The Estonian state-owned logistics company Eesti Post AS operating under the Omniva brand is looking for the builder of a 16 mln euro and 13,000 square meter logistics center in Rae local municipality near Tallinn, reported LETA/BNS.
«The Baltic Course» Is Sold and Stays in Business!
