Baltic Development Forum Summit was opened by the President of Lithuania Dalia Grybauskaite on Tuesday. Baltic Development Forum Summit is one of the key forums where leaders from all the Baltic Sea region comes together to set the region's strategy. Lithuanian president said that energy security is one of the key areas for the Baltic region, which should be a priority for the EU as well. President also added that transport and energy connections should be more developed and should receive more investments. Lithuania , Latvia , Estonia , Russia , Sweden , Finland , Norway , Iceland , Poland , Denmark , and Germany were represented by the government officials in the summit. |
Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more
Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more
Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more