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Maxima unveils modernised logistics centre

Maxima Latvija unveiled its modernised logistics centre, located in Abras, Ķekava parish. Leading Latvian retailer invested almost 3 million Eur...

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Rail Baltica receives next round of funding

By the 16 July 2020 vote of the Connecting Europe Facility (CEF) Committee, the Rail Baltica Global project in the Baltic States has been grante...

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FCMC fines Signet Bank with EUR 906,600 for breaching AML rules

RIGA - The Board of the Financial and Capital Market Commission (FCMC) has decided to impose a five of EUR 906,610 on Latvia's Signet Bank f...

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Lithuania to relaunch passenger train service to Poland

VILNIUS - LTG Link, the passenger transportation arm of Lietuvos Gelezinkeliai (Lithuanian Railways), is relaunching its train service to Poland...

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EUR 23 million needed to complete construction of Mezaparks Open-air Stage will be borrowed from Treasury

RIGA - The local authority of Riga city will borrow  EUR 23 million from the Treasury in order to complete the construction of the Mezapark...

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Ridango developing ticketing system for demand based transport for Estonia's counties

TALLINN – Technology company Ridango has signed a contract for delivering a social transport and demand-responsive public transport ticket...

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Ventspils port terminals see 41.1% drop in cargo turnover in H1

RIGA -  During the first six months of 2020, terminals operating at the northwestern Latvian port of Ventspils reloaded 6.8 million tons of...

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Estonian Interior Ministry announces EUR 4.6 mln tender for travel arrangement service

TALLINN – The Estonian Ministry of the Interior has announced a public procurement for ordering a travel arrangement service, the estimate...

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airBaltic and Icelandair announce codeshare agreement

RIGA - Latvian national airline airBaltic and Icelandic carrier Icelandair have signed a codeshare agreement that opens new markets for the carr...

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SEB Bank will no longer issue study loans starting next school year

RIGA - Starting next school year, SEB Banka will no longer issue state-underwritten study loans, LETA was told by the bank. &#...

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