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Wednesday 22.11.2017 | Name days: Aldis, Alfons, Aldris

Uber to buy 24 000 self-driving Volvo XC90s

U.S. ride-sharing technology firm Uber has agreed with Chinese-owned Swedish carmaker Volvo on the purchase of up to 24,000 self-driving cars.

airBaltic carried more than 4,780 in flights between Riga and Liepaja

In the first six months since airBaltic has started performing regular domestic flights between Riga and Liapaja more than 4,780 passengers have been carried on this route.

Estonia to pour into Finnish-Estonian cultural fund 700 000 euros

Estonian cabinet of ministers has decided to attribute 700,000 euros to the Finno-Estonian Cultural Fund, an organisation working since 2015 aimed at fostering cooperation between the two states in culture, creative economy and training both for individuals and organizations.

Bite Latvija buys Stream Networks and Latnet

Mobile commutations operator Bite Latvija has signed a purchase agreement for 100% of shares of Stream Networks and its subsidiary Latner Serviss, as BNN was informed by Bite manager in Latvia Kaspars Buls.

airBaltic carried three million passengers in first ten months of 2017

In the first ten months of 2017, airBaltic carried a total of 3,007,034 passengers to destinations in Europe, Scandinavia, Russia, CIS and the Middle East, BNN was told by the company.

Estonian railways operator happy about increasing freight volume

Freight carried on the infrastructure of the Estonian state railway company Estonian Railways in October amounted to one million tons, which is a 10.4% hike compared to October 2016.

Kārums starts producing cheese cakes; 70,000 invested in assortment expansion

Milk processing company Food Union has expanded the assortment of Kārums products by offering customers something new – Kārums cheese cake. Creation of this new product cost the company an investment of EUR 70,000, as reported by Food Union.

Booming alcohol stores on Latvian-Estonian border to expand

Facing large interest from Estonian customers, alcohol stores located at the Latvian side of the defunct Ainaži-Ikla border crossing rush to expand their premises.

Business without tax returns – goal to Estonian tax collector

Submitting tax returns to the tax collector i san integral part of doing business, isn’t it? The Estonian Tax and Customs Board thinks otherwise and has voiced its long-term goal of giving up tax returns in favour of data-based information exchange.

Reuters: Poland’s largest bank PKO offers to purchase Luminor

Poland’s largest bank – PKO Bank Polski – has voiced a proposal to purchase Luminor bank, which was formed last month by Swedish Nordea bank and Norwegian DNB bank, as reported Reuters with reference to two anonymous sources.

RB Rail: there is a great deal of interest for Rail Baltica in Finland

During a meeting with Finnish politicians and business representatives, we felt a great deal of interest from them in favour of joining Rail Baltica project, RB Rail representatives say.

Antāne: TM has to prevent collapse of transit sector’s competitiveness within 30 days

Transport Ministry and Latvijas dzelzceļš have roughly 30 days to prevent Latvia from ending up at the top of the list of countries with the highest railway infrastructure fees in the European Union.