International Internet Magazine. Baltic States news & analytics
Friday, 01.11.2024, 01:15
LLC Dizozols Investments finalizes investment attraction deal with Crowdestor with record-high profits
26.08.2021LLC Dizozols Investments has successfully carried out one of the biggest investment attraction projects in the Baltics attracting 2.77 million euros in investment from more than 3500 investors with the crowdfunding platform Crowdestor, returning 3.46 million euros, which ensures 690,000 euro profit to investors.
Keyword tags: EU – Baltic States, Investments, Technology
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.
Flying Forward 2020 starts developing air mobility of cities
23.12.2020Flying 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.
Veriff starts cooperation with Bolt
21.12.2020Estonian 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.
Largest-ever Baltic startup report launched - investor optimism grows, despite pandemic and fall in funding in 2019
17.12.2020Startup Wise Guys together with EIT Digital have launched their 3rd annual Baltic Startup Scene report, the largest to-date. For the first time ever, Baltic startups saw a reduction in total funding in 2019. Despite this, survey insights along with funding data for 2020 reveal that investor and startup optimism is rebounding, with 2020 H1 significantly outperforming 2019 H1 in terms of funding, even with the onset of a pandemic-induced economic downturn.
Latvia pioneering an automated coronavirus testing station
Latvia is pioneering an automated coronavirus testing station that can operate around the clock and virtually eliminate the risk of infection during the screening process, organizers told the AFP news agency on Deember 16th, cites LETA.
TV3 Group and The Walt Disney Company sign partnership deal
The Baltic media company TV3 Group and The Walt Disney Company Nordic and Baltic have entered into a content partnership, TV3 Group representative Lina Karklina informed LETA.
Kredex rejects Cleveron's EUR 30 mln loan application in Estonia
The Viljandi, South Estonia based manufacturer of parcel robots Cleveron, which asked for a loan of 30 million euros from Kredex for the establishment of a new parcel machine network, received a negative response to its request on Monday, the regional Sakala writes, cites LETA/BNS.
Bolt raises EUR 150 mln
Estonian transport company Bolt announced on Wednesday that it has raised 150 million euros in its biggest investment round ever, informs LETA/BNS.
Estonia launching development of common European unmanned ground system
The Estonian company Milrem Robotics and the European Commission have signed an agreement on the basis of which the Estonian state will lead the 32.6 million euro Integrated Modular Unmanned Ground System (iMUGS) project with seven European Union member states, the aim of which is to develop a standard solution for the European unmanned ground system, informs LETA/BNS.
Global Business Summit to focus on digital turnaround in fight against COVID-19
A global business summit, a joint initiative of Estonia and the United Arab Emirates, is to be held virtually on Wednesday; the summit seeks to bring together the public and private sector to expedite a digital turnaround in the fight against COVID-19, informs LETA/BNS.
Underwater drones manufactured in the port of Riga successfully compete in the world markets
Underwater drones manufactured in the port of Riga successfully compete in the world markets Mon, 12/14/2020 - 11:32 “Eprons ROV”, a company based in the territory of the Port of Riga in Mangaļsala, has been providing diving services for more than 20 years, specializing in underwater works of various levels of complexity both in Latvia and in several other European countries. Since 2009, the company has also been developing and manufacturing underwater remote control devices (drones), which are in demand for underwater research works, construction and inspection of hydro-technical structures, as well as ship repair works all over the world, informed Freeport of Riga representative.
Several Google services disrupted globally
A number of services provided by US IT giant Google were down around the globe on Monday, informs LETA/BBC.
Azeta online pharmacy starts operating in Estonia
The new online pharmacy Azeta.ee has started operating in Estonia, informs LETA/BNS.
Estonia's e-Governance Academy and Japanese think tank MURC establish joint venture
The Estonian e-Governance Academy and Japanese think tank Mitsubishi UFJ Research and Consulting Co., Ltd (MURC) established a joint venture on December 8 to provide digital transformation services for governments in Japan and the Asian region, informed eGA.
«The Baltic Course» Is Sold and Stays in Business!
