Posts published in Day: August 9, 2019

Estonia: The number of visitors from Finland was the lowest of recent years in the second quarter

Friday, August 9, 2019

Tourists from Finland were one third of all visitors, but the number of them was down. Foreign tourists spent 420 mln euros in Estonia while Estonian residents spent 300 mln euros abroad. The number of visits by tourists from Estonia to Ukraine rose notably. Some 1.7 mln foreign tourists came to Estonia in the second quarter of 2019, which was 2% fewer than in the second quarter of 2018. Tourists…

Latvian U20 lady b-ballers beat the Netherlands and avoid relegation at EC

Friday, August 9, 2019

In a quarterfinal match for 9th to 16th place at this year’s European U20 Women’s Basketball Championships on Thursday, the Latvian team defeated the Netherlands 57:52. With the win, Latvia has avoided relegation to Division B and will continue to play for 9th to 12th place. Nikola Ozola led the scoring for Latvia with 18 points and seven rebounds, followed by Luize Septe 11 points, five rebounds, five assists, three…

Ventspils lose first Europa League qualifiert-leg

Friday, August 9, 2019

In a first-leg UEFA Europa League third qualification round qualifier on Thursday, Latvian football club Ventspils lost to Portuguese football club Guimaraes Vitoria 0:3. Davidson, Pedro Rodriguez and Joseph Amoa scored the goals for the Portuguese club. The second-leg will be played next Wednesday in Portugal. The winner on aggregate will advance to the fourth and final qualification round.

Piche developer to build industrial Green Park next to Riga Airport

Friday, August 9, 2019

Latvia’s Piche developer has purchased a land property for more than EUR 2 million next to Riga International Airport for building Green Park, a complex of storehouses, production plants and office buildings. The land plot purchased by Piche is 100,000 square meters large. The development project provides for building storage facilities on 50,000 square meters and office premises on 7,000 square meters large territory. Green Park will be the third industrial park…

Minister of Population: Realization of policy concerning global Estonianness launched

Friday, August 9, 2019

Estonian Minister of Population Riina Solman said that, during the government’s first 100 days in office, she has launched opportunities to start implementing population and family policies, as well as policy concerning global Estonianness. The position of population minister as one thoroughly involved with the field of population policy has been deemed important in Estonia through the ages. Following the restoration of independence, several ministers who dealt with population issues have…

Estonia wants increased US involvement in backing Baltic region security

Friday, August 9, 2019

In its relations with the U.S., Estonia considers its primary strategic objective to ensure the U.S.’ active participation and involvement in all aspects of Estonian security. “The U.S. is only country that shares the fundamental values that make up the foundations of Estonia’s social structure with enough military, political and economic power to fend off attacks that may threaten Estonia on its own, if need be,” a memorandum submitted to…

The World’s First Digital Collector Coin is Under Way in Lithuania

Friday, August 9, 2019

The Bank of Lithuania has signed a contract for programming the world’s first digital collector coin which, together with its physical version, is expected to be issued at the beginning of 2020. “We are moving from an idea to its implementation: we have clear technological solutions, a vision of what its physical coin will look like and we already know who will be responsible for its creation. Aiming to create…

Electricity prices in Lithuania rise 9.6% in July

Friday, August 9, 2019

Lithuania’s average electricity market price rose by 9.6% in July compared with June, but fell by 10% from a year earlier, Lietuvos Energijos Tiekimas (LET) said. The price on Nord Pool’s Lithuanian bidding area averaged 48.94 euros per megawatt-hour last month, close to Latvia’s 48.95 euros and Estonia’s 48.92 euros, the power and natural gas supply company said. M-o-m, electricity prices moved up across the Baltic region, rising by 9.6% in…

French energy services co Idex sets up business in Lithuania

Friday, August 9, 2019

France’s energy services company Idex International has registered a company in Lithuania. Idex Nordic was registered on August 7 with an authorized capital of 10,000 euros and Idex Group COO Thierry Mourot as its CEO, according to information from the Center of Registers. Idex installs and operates heating, cooling and air conditioning systems, and helps municipalities implement long-term energy infrastructure projects. The company says on its website that it has 4,000 employees.