Business
 

French court reduces fine of Rietumu Banka for alleged engagement in money laundering

  • 2021-04-06
  • LETA/TBT Staff

RIGA - The French court on Tuesday reduced the fine imposed on Latvia's Rietumu Banka by almost 75 percent - from EUR 80 million to EUR 20 million - for alleged engagement in money laundering, Bloomberg news agency reported. Judges at the Paris court of ...

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Finnish Food Workers' Union calling for boycott on beer produced in Estonia

TALLINN - The Finnish Food Workers' Union has called on Twitter for a boycott of a product of a small brewery located in Kontula, Helsinki, because the beverage is produced in Estonia, Postimees reports. A new beer, Kontula Brewery's Keijo lager appeared in Finnish groc...

Luxury bathtubs made In Latvia conquer the world

Latvian-made products continue to rise in popularity as global consumers opt for well-crafted European products using the finest materials over Chinese manufactured goods. Hollywood celebrities, top-tier developers & influential interior designers have fallen in love with bespoke bath and spa...

Finnish Food Workers' Union calling for boycott on beer produced in Estonia

TALLINN - The Finnish Food Workers' Union has called on Twitter for a boycott of a product of...

Luxury bathtubs made In Latvia conquer the world

Latvian-made products continue to rise in popularity as global consumers opt for well-crafted Eur...

Baltic Tech Ventures: success through innovation in the Baltic region

The past year and this year will certainly be exciting for Baltic Technology Ventures (BTV), a ve...

Allianz acquires Aviva’s companies in Lithuania and Poland for billion euros

Germany’s Allianz Group, one of the world’s leading insurers, is set to acquire Lithu...

All stores not located in shopping malls to open for business after Easter

RIGA - All stores that are not located in shopping malls of more than 7,000 square meters in area...

Emor survey shows increase in e-commerce in almost all categories of goods

TALLINN - The numbers of e-buyers in Estonia grew in almost all categories of goods in the first ...

Sweets maker Kalev most sustainable Estonian brand

TALLINN - Estonian confectionery brand Kalev is perceived as the most sustainable brand by local ...

SH Payments selects Nano as digital core banking platform

Tier one banking services provider SH Payments, has chosen Nano as its core digita...

Bigbank Latvija invests 1.2 million euros in a new apartment project in Mežaparks

A comfortable residence for a modern person, moreover, in an ecologically clean neighbourhood - s...

Smartpost Itella: Parcel volumes in Estonia have topped pre-Christmas levels

TALLINN – The closure of shopping malls and a continuous increase in e-commerce in Estonia ...

Restarting air transport between Latvia and Azerbaijan is in both countries' interests - Linkaits

RIGA - Restarting air passenger transport between Latvia and Azerbaijan, which was successfully d...

Fix Price plans to open 100 stores in the Baltics

The popular retail chain Fix Price has announced a major initial public offering (IPO) transactio...

Baltic EU Conversations 2021: Is Europe Getting Better?

On 12 March 2021, the Latvian Institute of International Affairs (LIIA), in cooperation with the ...

Why Nord Stream 2 is actually a good deal for Europe

The last year has been a remarkable time in the European natural gas industry thanks to the adver...

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