On Tuesday, 31 January, the Cabinet of Minister approved rules for the use of co-financing provided by the Cohesion Fund for the railway electrification project.
On Tuesday, 31 January, in Tallinn Latvian Prime Minister Maris Kucinskis, Estonian Prime Minister Jüri Ratas and Lithuanian Prime Minister Saulius Skvernelis signed an inter-governmental agreement on the realization of Rail Baltica project, as BNN was informed by the prime minister’s press-secretary Andrejs Vaivars.
Authorities suspect that Estonian MiniCredit fast loan company was being used as a money laundering machine over the course of many years. Millions of euros went through it, as reported by De Facto programme of LTV.
Paying its tribute to the commitment towards environmental protection, Ventspils nafta termināls within the process of installation of a permanent vapour recovery unit (VRU) has placed an order for purchase of the VRU equipment for 3 million euro from US supplier.
UniCredit Leasing and European Investment Fund have signed InnovFin guarantee agreement to improve funding options for small and medium businesses in Baltics.
To improve cooperation between Latvia and Belarus in the field of railway transports and further enhance cooperation in transit and logistics, LDz opened an official permanent office in Minsk, Belarus on 24 January, as confirmed by LDz representative Ella Petermane.
Experts say container cargoes have the potential to bring major contribution to the logistics sector. With that, LDz Logistics intends to continue organizing the next container train from China, as well as cooperate with partners from Belarus and China in the context of the Great Stone industrial park, as BNN was informed by Transport Ministry’s representative Ilze Greiskalna.
The price of oil in the world this morning, 18 January, grew in relation to US dollar’s value drop and expectations regarding commercial oil reserves in USA, which compensates on the market the influence from predictions in Russia and USA about oil production increase by the end of 2017.