International Internet Magazine. Baltic States news & analytics
Thursday, 21.11.2024, 07:21
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.
Lithuanian president signs 2021 budget bill into law
29.12.2020Lithuanian President Gitanas Nauseda signed the 2021 budget bill with a deficit target of 7% of GDP into law on December 29th, cites LETA/BNS.
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.
First people in Latvia receive Covid-19 vaccines
On Monday morning, the first people received the Covid-19 vaccines at Pauls Stradins Clinical University Hospital in Latvia, the hospital's representative Janita Veinberga reported LETA.
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.
Lidl Lithuania to destroy Salmonella-contaminated eggs from Ukraine
German-owned retailer Lidl Lietuva will have to destroy 38,400 cartons of chicken eggs delivered from Ukraine, which have been found to be contaminated with Salmonella, the Lithuanian State Food and Veterinary Service said on December 22nd, cites LETA/BNS.
Initially, 4,875 medics to be vaccinated against Covid-19 in Latvia
Initially, 4,875 medics will be vaccinated against Covid-19 in Latvia, said State Medicines Agency (ZVA) director Svens Henkuzens in a press conference today, informs LETA.
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.
Movement of parcels between Estonia, UK suspended until New Year; Lithuanian Post warns of delays
Due to the aggressive spread of the new coronavirus strain in the United Kingdom, flights to and from the UK have been suspended and also the movement of parcels from the UK to Estonia and vice versa has been halted until the new year. Lietuvos Pastas (Lithuanian Post) also has warned of delays in parcel deliveries to and from the United Kingdom amid new transport restrictions, informs LETA/BNS.
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.
The Assessment of the LVM Round Timber Assortment Sales Process Confirms Its Economic Justification and Compliance with Legal Acts
The Supervisory Board of JSC “Latvia’s State Forests” (LVM) has concluded a comprehensive evaluation of the round timber assortment sales process. Based on compliance, financial, economic and legal examination performed by independent experts, the Supervisory Board concludes that the process of selling round timber assortments organized by LVM complies with the requirements of legislation and internal regulations, as well as has been economically justified, providing the company with an additional profit of 14.5 million euros during the period between 2016 and 2020.
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.
Estonian MFA: Brexit bringing some important changes
Estonian Minister of Foreign Affairs Urmas Reinsalu said that the end of the Brexit transition period on Jan. 1, 2021, entails a number of changes that do not depend on the ongoing negotiations between the European Union and the United Kingdom over future relations, informs LETA/BNS.
«The Baltic Course» Is Sold and Stays in Business!
