The new Estonian accelerator program Startup Wise Guys, backed by the Estonian Development Fund and some former Skype engineers, has just announced seven companies it will be working with.
Two of them are from Estonia (Like A Local Guide and WeatherMe) and one from Croatia (Monolith), Ukraine (Monday52), Germany (Moojoo), The Netherlands (WappZapp) and the UK (Wellbeing In the City).
Wise Guys received over 200 application. The shortlisted projects will be provided with extensive startup developing program. The projects will be supported by remarkable international mentors.
The program starts on April 23, reports Tech Crunch.
The Corruption Prevention and Combating Bureau (CPCB) has requested the Prosecutor General's office to prosecute former Riga City Council Housing and Environment Department Chief Arija Stabina for bribery and other crimes.
Germany's economy barely grew in the first quarter of 2013 as exports and investment shrank, figures show.
Latvia should send its specialists to different projects, so that they would share their knowledge and experience with other countries, especially countries of the former Soviet Union. This was agreed upon by Latvian Finance Minister Andris Vilks and World Bank (WB) Nordic Baltic Group CEO Satu Santala.
Following the meeting with Prime Minister Andrus Ansip this week, European Commission president Jose Manuel Barroso has agreed to provide neutral assessment whether the LNG terminal should be in Estonia or Finland.
In this year's Sustainability Index 13 companies received the bronze category certificate. Silver certificate was given to 24 Latvian companies. 12 participants were included in the gold category. Platinum category was awarded to two companies – Latvenergo and Aldaris.
The number of visitors in hotels and other accommodation establishments in Q1 of this year comprised 301.3 thousand people. That is 5.9% more than in Q1 of 2012.Of which 34.3% were residents of Latvia and 65.7% – foreign tourists. Previously share of visitors was similar.
In Q1 of 2013, compared to Q1 of 2012, the number of clients that chose voluntary car insurance (KASKO) doubled.
Latvian Education and Science Ministry (ESM) plans to allocate an additional 2.3 million LVL for salaries of school coaches.
In order to resolve the Liepājas metalurgs (LM) crisis, not only was Prudentia attracted without contest, but other specialists as well. Their attraction, which is expected to cost 100 000 LVL to the state budget, has been entrusted to Prudentia.
The state of Latvia annually loses up to 100 million LVL due to fuel contraband. This money could be potentially gained from excise tax on oil products, industry representatives note. According to them, the problem of fuel contraband is still notable in Latvia.
Latvia is a leader in the creation of a “New silk road”, which could be used after the end of the mission in Afghanistan, notes U.S. transportation command Commander Gen. William Fraser. He highly praised Latvia's contribution to the function of the Northern Distribution Network.
Moscow traffic police pay more attention to cars with foreign license plates because such vehicles are often used in crimes, according to the press office of the State Traffic Safety Inspectorate for Moscow.
Latvian residents overpaid a total of 12 million LVL when purchasing expensive compensated medications last year, as reported by the director of the National Health Service Maris Taube at the opening of the “Ārstējies nepārmaksājot” (Don't overpay for treatment) informative campaign.
Sales of the Galaxy S4 smartphone have reached 10 million in «record» time, Samsung announced on May 23.
Compared to March, the overall level of producer prices in Latvian industry in April 2013 increased by 0.1%. The producer prices of products sold on the domestic market rose by 1.1%, whereas prices of exported products reduced by 0.9%.
An 80-year-old Japanese mountaineer became the oldest person to reach the top of Mount Everest on Thursday — although his record may last only a few days. An 81-year-old Nepalese man, who held the previous record, plans his own ascent next week.
I deny the information that the whereabouts of the suspended director of the Customs Criminal Office of the State Revenue Service Vladimir Vaskevics are unknown, says his wife business woman Inara Vilkaste.
- Barroso to be involved in Estonian-Finnish LNG terminal dispute
- Ilves: Estonia is a world power in IT
- Estonia's unemployment at 10.2% in Q1
- Slow-down in Estonia’s growth expected
- Estonians offer credit scoring solution based on social media
- Estonian PM: Lithuanians need a new referendum | 1
- Estonian retailers selling smuggled food
- Opinion: Estonians are selling their work too cheaply | 1
- Estonians to develop four office buildings in Vilnius for EUR 44m
- Global IT report ranks Estonia 22nd, Lithuania 32nd, Latvia 41st
Top 5 Business news
- Economic Diary: Smash Business with Taxes
- PAA bath manufacturer modernizes production plant and creates Silk Stone material
- Oil deposit exploration in Latvia's waters; project managed by people close to Lembergs
- Prudentia distances from the consequences of the advices it once gave
- Friendship with Unity – the only thing that keeps Prudentia afloat?
Top 5 Social news
- Economic Diary: Smash Business with Taxes
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Top 5 World news
Top 5 Video
Igor @ 2013-05-24 18:41:11
Ilmars @ 2013-05-24 15:10:12
and pensioners are being told that they cant have pension indexation because of LM . How many pensioners are going to vote for Unity in the coming municipal elections when they hear that Government money is being wasted on bankrupt companies . LM is not only bad economics , it is also bad politics .
JPR @ 2013-05-24 14:33:57
JPR @ 2013-05-24 14:32:34
Popov the russian clown @ 2013-05-24 14:27:54