International Internet Magazine. Baltic States news & analytics
Saturday, 02.08.2025, 09:59
Estonia: KFC to open restaurant at Tallinn Airport in spring
Fast food chain Kentucky Fried Chicken (KFC) is about to open a restaurant at Tallinn Airport this spring, informed LETA/BNS.
First forest fires of this year recorded in Latvia
The first two forest fires of this year were recorded in Latvia on Monday, the State Fire and Rescue Service informed LETA.
Riga Eastern Hospital cut loss by 40% thanks to cost saving and restructuring in 2019
Riga Eastern Clinical University Hospital (Riga Eastern Hospital) managed to cut its annual loss by 40 percent last year by taking cost saving and restructuring measures, the hospital's board chairman Imants Paeglitis said at a news conference cited LETA.
EUR 893,000 in excise duty paid on tobacco-free snus in Estonia last year
A total of 893,000 euros was paid in excise duty on tobacco-free snus in Estonia in 2019, the Tax and Customs Board said LETA/BNS.
Number of new insolvency procedures drops by 25% in five years - Lursoft
2019 year was the fourth consecutive year when the number of new insolvencies has dropped, and in the past five years this number has dropped by 25%, according to Lursoft.
Supervisory boards of Estonian state companies may be in for major cleanup
The powers of 92 members of the supervisory boards of 28 state owned or state invested companies in Estonia are about to expire this year, and the changes made by the government to the composition of the supervisory boards' appointments committee may indicate a possible politicization and major cleanup in the supervisory boards, according to the Postimees information wrote LETA/BNS.
Aggregate value of mergers and acquisitions in Baltic states reached EUR 1 bn
The aggregate value of merger and acquisitions in the Baltic states last year reached EUR 1 bn, LETA learned from mergers and acquisitions consultancy Oaklin.
Estonian govt supports creation of digital nomad visa
The Estonian government on Thursday endorsed a bill of amendments to the Aliens Act, which involves the plan to set up a digital nomad visa, informed LETA/BNS.
Rocket Software to hire 200 people at new technology center in Vilnius
US information technology firm Rocket Software has opened a new development center in Vilnius with plans to hire more than 200 engineers and programmers in the next 2-3 years, Invest Lithuania said.
Indoor Group opens Asko, Sotka e-stores in Latvia
Indoor Group AS, Estonian subsidiary of the Finnish home furniture and interior furnishing retailer of the same name, has opened Asko and Sotka e-stores in Latvia, informed LETA/BNS.
Lartvia: Finance Ministry might come up with tax change proposals in February
he Finance Ministry in early February might come up with the initial proposal on tax changes, said Prime Minister Krisjanis Karins (New Unity) in an interview with commercial TV3 channel today.
Part of Grigeo Klaipeda assets arrested in Lithuania
Part of assets of Grigeo Klaipeda, a local cardboard producer that released untreated wastewater in the Curonian Lagoon, has been arrested, its managing director Tomas Ekinas confirmed it to LETA/BNS.
Europe has rapidly become a major supplier of softwood logs to China
Europe has rapidly become a major supplier of softwood logs to China, while Russia and North America have lost market shares in 2019, reportsthe Wood Resource Quarterly
Rimi Baltic retailer stops buying Grigeo products amid pollution scandal
Rimi Baltic retail company has stopped buying products from Lithuanian cardboard and paper product maker Grigeo which has polluted the Curonian Lagoon with its untreated wastewater, Regina Ikala, a spokeswoman for Rimi Latvia, informed LETA.