Mar 18, 2010 - DEAC connects Eurasian companies with success...
The Baltic’s largest data center operator, IT company DEAC, has assigned the global and ambitious goal of becoming a stable and reliable bridge linking Asia and Europe, thereby helping enterprises to operate globally. DEAC already offers a full range of integrated IT solutions to almost 2,000 customers from 20 countries around the world.
DEAC CEO Andris Gailitis talks about future plan...
Mar 17, 2010 - Estonia’s Olde Hansa expands market share...
TALLINN - There are exceptions to all rules, such as the one that has Olde Hansa restaurant expanding its business, in spite of the economic crisis. Even some popular restaurants have closed their doors, such as Pegasus. Others keep expanding, such as Bonaparte, which has opened new business lunch restaurants. Gastronomy Awards Society of Estonia nominated the Silver Spoon to the Ammende Villa ...
Mar 10, 2010 - High expectations for incineration plants as new l...
KLAIPEDA - With Lithuania’s EU membership, the country has committed itself to meeting its waste management and environment protection requirements, but the policy-making may be the toughest when it comes to the ordinary people’s mindset. Only 15 percent of Lithuanians meticulously sort out secondary raw material and properly use the three-color containers, designed for a certain ki...
Mar 04, 2010 - One for all, and all for one...
RIGA - The IMF was in Riga in February to consider the release of 200 million euros in the latest tranche (of which it approved) in the 27-month bailout loan package totaling 7.5 billion euros. The next part of the package, 500 million euros to be extended from the EU, is expected to be released later this month. So far, Latvia has received 3.5 billion euros of the total.
Teams of lenders reg...
Mar 04, 2010 - Downturn to clean up construction sector of casual...
KLAIPEDA - Towering glassy Lithuanian-size skyscrapers and popped up eye-catchingly bright maisonettes and houses on the outskirts purport to show the glory of the recent construction boom. However, with the real estate bubble having burst in the aftermath of the overheated economy, the construction looms soulless. Developers and real estate agents scramble in search of tenants nevertheless, wi...