Posts published in Day: July 4, 2021

Lithuania to set up offices in Taiwan, other Asian countries

Sunday, July 4, 2021

Lithuania on Thursday (July 1) announced plans to establish representative offices in Taiwan and several other Asian countries, with a view to increasing its export markets. Lithuanian Minister of Foreign Affairs Gabrielius Landsbergis stressed the importance of promoting democracy and freedom elsewhere while boosting the Baltic nation’s exports. He made the remarks at a virtual meeting participated in by 62 Lithuanian officials posted in foreign missions as well as international organizations, wrote CNA.…

The Estonian state-owned airline Nordica sees net loss grow threefold on year to €10.5 mln

Sunday, July 4, 2021

Revenue of Nordic Aviation Group AS, the Estonian state-owned airline operating under the Nordica brand, declined 42 percent on year to €61 million in 2020, while the company’s loss grew threefold to €10.5 million euros, Postimees reports. Nearly all of Nordica’s sales revenue was derived from the rental of aircraft and flight crew as regular flights, which were only operated in northern Sweden, only brought in €2.8 million in revenue.…