Transport

International Internet Magazine. Baltic States news & analytics Wednesday, 21.05.2025, 07:28

28.08.2014

Air Lituanica introduces autumn flight schedule

Air Lituanica improved its forecasted passenger traffic in summer months 2014, it was chosen by more than 45 thousand passengers. In autumn, the airline will offer 42 weekly departures by regular flights from Vilnius airport, Air Lituanica has announced LETA/ELTA.

27.08.2014

Retail of motor vehicles enterprises in Lithuania grew in July, but decreased annually

Over a month in July 2014, the turnover of wholesale and retail trade of motor vehicles enterprises was on the increase, but smaller than in July 2013.

27.08.2014

In January-July, cargo turnover in the Baltic Eastern Coast Seaports increased by 4.3%

In January-July 2014, the overall cargo handling in the Baltic Eastern Coast Seaports totalled 122 216 490.8 thou. tn; the year-on-year change is +4,3% or +8 917,1 thou. tn, reports BC Klaipeda port’s press service.

27.08.2014

EcoFleet Holding acquired Lithuanian company Altas Informacinės Technologijos

EcoFleet Holding OÜ acquired its former distributor in Lithuania UAB Altas Informacinės Technologijos. EcoFleet's new Lithuanian unit will temporarily be led by Jaanus Truu, the director of EcoFleet's Estonian office.

27.08.2014

airBaltic achieves 14 mln euro profit in H1

Latvian airline airBaltic has achieved a net profit of EUR +14 million for the first half of 2014. airBaltic has turned around the Jan-Jun 2013 loss of EUR -12 million, converting it into a net profit of EUR +14 million for the same period in 2014, despite new challenges in the eastern markets, informed BC Janis Vanags.

27.08.2014

SEB: Estonians spend more on cars than Latvians and Lithuanians

A pan-Baltic study carried out by SEB indicates that more than half of people planning to buy cars in Latvia and Lithuania do not intend to spend more than 5,000 euros, writes LETA/Postimees Online.

27.08.2014

Audit: Lithuanian Transport Min has been repeating errors of previous year

The National Audit Office has completed a financial (regularity) audit of the Ministry of Transport and Communications for the year 2013, reports LETA/ELTA, referring to the National Audit Office.

26.08.2014

Klaipedos Nafta is planning to expand LNG infrastructure

JSC Klaipeda Nafta, implementing a liquefied natural gas (LNG) terminal project gets interest from market participants regarding LNG reload into railway wagons, LNG trucks and LNG bunkering. In order to determine the potential demand of such LNG services and amounts, the company announces a public market consultation, informed BC Indrė Milinienė.

26.08.2014

Tender to buy 20 speed cameras still continues in Latvia

The Road Traffic Safety Directorate has extended the deadline for an open procurement tender to buy 20 stationary speed cameras, according to information posted on the directorate's website, cites LETA.

26.08.2014

Avies launched flight route Tallinn-Stockholm

Estonian airline Avies announced on Monday that on August 15 it had launched the regular flight route between Tallinn and Stockholm, writes LETA/Postimees Online.

26.08.2014

Rimsevics: Latvia's transit sector is not endangered

Latvia's transit sector is not endangered at the moment, and there is "no need to frighten ourselves with horror scenarios," President of the Bank of Latvia, Ilmars Rimsevics said in an interview on the LNT news show "900 sekundes" this morning, commenting on the public concern about Latvia's economy if Russia decides on additional sanctions, informs LETA.

26.08.2014

Latvian Shipping Company reduced the share capital to EUR 60 mln

JSC Latvijas kugnieciba informs that in accordance to the decision of annual general meeting that took place on June 11, 2014 to reduce the share capital of JSC Latvian Shipping Company by EUR 220 million to EUR 60 million, informed BC communications consultant at JSC Latvian Shipping Company Elīna Dobulāne.

26.08.2014

Ethiopian Airlines has appointed Baltic GSA as their General Sales Agent for Baltics

With immediate effect the Ethiopian National Flag Carrier, Ethiopian Airlines has appointed Representation Specialist Baltic GSA as their General Sales and Service Agent [GSSA] for Lithuania, Latvia and Estonia, reports Baltic GSA.

26.08.2014

Ventbunkers earns EUR 19.2 mln in 2013

In 2013, Ventbunkers turned over EUR 69.5 million, which is 17% more than in 2012, while the company's net profit in 2013 was EUR 19.2 million, as compared to EUR 128,000 in 2012, Ventbunkers informed the business portal Nozare.lv, cites LETA.

26.08.2014

Hindrances for cargo at Lithuania-Belarus border eliminated

The Ministry of Agriculture in Lithuania says that after Belarus abandoned phytosanitary protection requirements for imported goods, cargo will no longer be hampered at the border, informs LETA/ELTA.


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