Detailing from a press release by LaIPA, an associating created by Latvian performers and producers to administer to the rights of musicians and recording artists to monitor the use of their sound recording and collection and distribution of remunerations, amendments to Copyright Law proposed this week have been accepted by the Human Rights and...
A proposition has been sent to the Estonian Ministry of economic affairs and the Tallinn City Government by the London Taxi Company, requesting to talk about the possibility of expanding their business from the UK to Tallinn. This proposition (made by the international sales manager of the company, Ross MacKrennon) offers a better quality...
This summer looks set to be a scorcher for many hotels in Tallinn, Estonia’s capital. Larger hotels are hoping to blast former sales records through the roof due to increased occupancy rates, which were 97.3% last year and 95% the year before that. If all goes to plan, this year that figure should be...
For the forth year running Lithuania have shown recognition to their country’s top and best performing Chief Financial Officers (CFO) at ‘The Committee of CFO of the Year Awards’ held in Vilnius earlier this month. CFO of Lithuanian Post, Kestutis Jarzemskas, won the title of the CFO of the Year in the Public Sector...
airBaltic, the Latvian national airline, has recently been chosen as one of the world’s top 10 airlines for innovation. The list was released recently by Airlinetrends.com, which is an independent consumer market research agency. This is for their amazing ideas such as having roses available to purchase on board, iPads for in-flight entertainment, as...
On the 30th June 2012 the Promenade of Ostas Street in Ventspils, Latvia will be the setting for the most unusual herd of colourful cows. For the second year running Ventspils will be hosting CowParade Ventspils 2012, a popular art and fundraising event where life size fibreglass cows are given over to renowned Latvia...
Recent court action has unfortunately been unable to reclaim funds claimed to be owed by an Estonian group of investors developing wine in the Ukraine since 1999. Thirteen years ago, Estonian investors signed a contract with Ukraine which agreed that Estonia would invest in a wine business, Magarach, the Ukrainian state grape and wine...
airBaltic have approved the appointment of Martin Sedlacky as the new Cheif Operations Officer and Member of the executive board. Mr Sedlacky has a strong background in the airline business having been employed in restructuring airlines systems through central and eastern Europe, Scandinavia, Singapore, Malaysia and America. Working on consultancy projects advising in transportation...
Economic research group, Oxford Economics, recently conducted and produced a research document detailing contributions made to Latvian GDP from Latvia’s International Air Transportation Association (IATA). In their report Oxford Economics acknowledged and thanked the IATA whom had been instrumental in providing key information and statistics regarding the aviation industry. Through their detailed research with...
Keit Pentus, the Estonian minister of environmental affairs, has decided to hire ‘Sorainen’ – one of Estonia’s most expensive law firms. This has been done in the hope to defend the current system of renewable energy subsidies, and help the country to meet green energy targets. Last year, subsidies have been reported to be...
Latvia’s Transport Minister, Aivis Ronis, has had a busy week in the United States. Minister Ronis has been promoting the essential qualities provided by Port of Riga. Since 2001 the Northern Distribution Network (NDN), dubbed the new silk road, has utilised the strategic position and unarguably rising efficiency of Port of Riga as an...
Euronics may be on the brink of losing their top position as Estonia’s main supplier to the domestic electronics market. Euronics, a well known chain of electronic stores belonging to Antista AS, stocks the usual modern family essentials such as; home electronics, home appliances, audio equipment, video equipment. VCRs, DVD-players, CD players, home theatre...
Sourced by Cormack Consultancy ltd. What do firms expanding to the Eastern Europe need to know before starting marketing in local social media? It was recently announced that IKEA plans to conquer further the Eastern European market by entering Lithuania, and later opening its stores also in Latvian and Estonia. It is not the...
Bank Parex to Reverta. Branding one item to another is a key step in many situations for example especially in Banks where recently the re-branding of the Bank Parex to Reverta. The coming of Reverta is believed to cost in the order of over 20,000 Euros. “Parex is associated with words like crash, crisis and...
With so much talk taking place with the integration of businesses and organisations between Latvia, Lithuania and Estonia with the UK no doubt it will become a UK Brand Name as Emerging Markets and Globalisation is vital also to the success of our Economy. Share on Facebook
Leading companies from the Baltic countries, Scandinavia and Europe interested and involved in the lingerie, clothing and textile manufacturing, distribution and sales will be gathering together at the Nordic and Baltic Fashion and Textile Forum which is to be held in Riga, Latvia on 13th April 2012. Head of the Economic and Bilateral Relations...
