Nov 04, 2009 - Lithuanian entrepreneur making ethics a personal b...VILNIUS - The gleaming towers of Vilnius’ new business district give the appearance of a confident and dynamic metropolis. And the refurbishment may be more than just skin-deep, heralding a new way of doing business in the country.
Arminta Saladziene personifies this different approach. With an office in the heart of the glass-and-steel Lithuanian Wall Street, the 35-year old president of NASD...
Nov 04, 2009 - Airline giant considers Riga for latest hub...RIGA - Thanks to the significant surge in passenger numbers at Riga International Airport, Europe’s biggest low-cost airline Ryanair is considering establishing a base in the Latvian capital, says airline sales and marketing manager Laszlo Tamas, reports news agency LETA. He pointed out that the passenger turnover for the airline at the Riga Airport will soon reach 850,000 passengers per year.
T...
Oct 28, 2009 - Slesers running roughshod over the city...RIGA - Riga Deputy Mayor Ainars Slesers (Latvia’s First Party/Latvia’s Way) has ordered the Riga City Council to draw up a contract to lease a section of the city’s riverfront, from Vansu Bridge to Akmens Bridge, to the company P.V.B. for a period of 12 years for the construction of several floating wharves to serve as platforms for entertainment, reports news agency LETA.
No public tenders or d...
Oct 28, 2009 - Not so fast for that fast credit ...KLAIPEDA - Are you feeling the credit crunch? Is your bank turning up its nose at your good credit history? What many have done in this situation is to simply pick up the phone and send an SMS to apply for a quick consumer loan; alternatively, one can walk to the nearest post office and fill out a quick credit application.
This easy money could soon end, however, as, nudged by the European Uni...
Oct 22, 2009 - Estonians claim Latvia is risky business...TALLINN - Estonian businessmen who expanded their operations to Latvia during the economic boom years are now losing millions from their investments, reports news wire bbn.ee. The Estonians say that fraud is everywhere and debts from their Latvian customers are rising.
Speaking at a recent conference in Tallinn, Tallinna Kaubamaja Group owner Juri Kao estimated that Estonian businesses may have ...