Posts tagged as competition

Competition: Flixbus will find the Baltic market difficult

Friday, February 14, 2020

Competitors believe Europe’s largest coach operator Flixbus will have a hard time on the Baltic market as international lines have to compete with cheap airline tickets. Operators have dialed back Tallinn-Berlin lines as they have not proved profitable. Flixbus founded Flixbus Estonia OÜ in December of last year. The company is run by Michal Jakub Leman and Nikolai Alexandrovic Voitiouk-Blum. Flixbus plans to launch long-distance lines from Tallinn to Central…

Young rural entrepreneurs invited to take part in business competition

Friday, January 3, 2020

The competition is the continuation of the training cycle, which was completed at 26 LLKC offices throughout Latvia in December. More than 200 young entrepreneurs learned business and marketing basics, developed business ideas, did market analysis and made financial calculations during the training program. The competition is being held for the eighth year and LLKC Rural Development Department Director Elīna Ozola said that on average 50 – 60 entrepreneurs participate.…

Spanish design wins competition for Vilnius’ Concert Hall

Monday, September 23, 2019

Arquivio Architects from Spain were chosen from around 250 architectural firms to build the National Concert Hall in Vilnius on Tauras Hill, according to a press release. The design incorporates several structures on Tauras Hill interconnected by an open ground floor, creating a “green corridor”, and setting up a large and a small concert halls in the building. “The idea for a ‘Home of a Nation’, envisioned by [Lithuanian] state…

Open arms for Lidl – Estonian competition watchdog predicts lower prices

Thursday, July 18, 2019

Expecting the entry of the German supermarket chain Lidl on the Estonian market, the country’s Competition Authority expects healthier competition and lower prices. Estonian public broadcaster ERR reports on Thursday, July 18, that Katrin Tasa, deputy director of the Supervisory Department of the Estonian Competition Authority said in an interview with Vikkerraadio that currently, 70 percent of Estonia’s retail market is controlled by four retail chains. «The retail market is…

The Baltics buy gas from Russia, despite Washington’s discontent

By Lukas Ramonas on Friday, June 28, 2019

The European Union has decided to extend the economic sanctions imposed on Russia until January 31, 2020.According to the EU Council, it was decided on 27 of June to extend the economic sanctions imposed on Russia in certain sectors until the end of January next year. Moreover, all the deputies from Estonia, Latvia and Lithuania in the Parliamentary Assembly of the Council of Europe on 25 of June opposed the…

U.S., China take the lead in race for artificial intelligence: U.N.

Thursday, January 31, 2019

China and the United States are ahead of the global competition to dominate artificial intelligence (AI), according to a study by the U.N. World Intellectual Property Organization (WIPO) published on Thursday. The study found U.S. tech giant IBM had by far the biggest AI patent portfolio, with 8,920 patents, ahead of Microsoft with 5,930 and a group of mainly Japanese tech conglomerates. China accounted for 17 of the top 20…