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Elcoteq cuts 400 jobs

TALLINN - Restructuring at Elcoteq Network Corporation, Europe's largest electronics manufacturing c

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Itera aims for controlling stake in gas utility

RIGA - As the Russian-owned gas company Itera Latvija and Russian gas giant Gazprom vie for control

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Plans for mammoth mall unveiled

VILNIUS - Lithuania's Vilniaus Prekyba Group, the Baltics' largest retail group, has announced plans

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Estonians boost competitiveness

VILNIUS - A revised agreement on the sale of the Lithuanian ship repair yard Vakaru Laivu Remontas w

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Off the wire

CUSTOMERS WIN CUTS: The chief executive of Lithuania's fixed-line telecommunication monopoly Lietuvo

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Estonian prime minister links privatization with NATO

TALLINN - In the face of strong opposition, Estonia's government decided on Aug. 23 to push ahead wi

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Parex fails to find Western investor

RIGA - Parex, Latvia's largest commercial bank, has decided to give up the search for an internation

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First Yiddish institute in Central Europe opens

VILNIUS - Several hundred people, including members of the international diplomatic community, acade

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Cities form new association

RIGA - For one year Riga's Mayor Gundars Bojars will represent the opinions of 49 percent of Latvia'

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Sex ring traffickers seized in Riga

RIGA - An international police effort has led to the arrest of two people suspected of masterminding

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