Unemployment reaches eight year high

TALLINN - Estonian unemployment reached an eight year high of 11.4 percent in the first quarter, acc

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Board members: dismissal at will?

In the current economic climate, many companies are engaged in cost cutting exercises. Most employer

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Company briefs - 2009-05-14

AS LHV Pank has formally been granted its banking license on May 6 and will become only the 7th lice

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Real estate transactions reach all time low

TALLINN - Real estate transactions have reached an all time low in the first quarter of the year, re

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German companies pessimistic, demand strong leadership

VILNIUS - A recent survey of German companies in the Baltics has shown that 90 percent of them expec

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Hobby Hall pulls out of Baltics

TALLINN - In a sign of the difficult economic times faced by the Baltics, Hobby Hall, which has been

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Parex Bank to restructure

RIGA - The government has approved Parex Bank's plan for reconstruction at an extraordinary Cabinet

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Company briefs - 2009-05-07

Lietuvos Energija, a subsidiary of the national Lithuanian energy investment company LEO LT, has sig

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Lithuanian banks hit hard

VILNIUS - Lithuanian banks posted combined net losses in the first quarter of this year of 20.1 mill

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