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Too many bucks can bankrupt you

"Money is a very excellent servant, but a terrible master." - P.T.BarnumI find it strange that po

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New bank gets license in Latvia

RIGA - The Bank of Latvia's board June 8 issued a banking license to a new bank, Baltikums. The c

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Company sales plan approved

RIGA - The Latvian Privatization Agency council approved on June 8 a proposal to sell 8 percent or 3

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Advanced cargo terminal set in motion at Riga Airport

RIGA - A new state-of-the-art cargo terminal, the outcome of a joint venture with two international

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Shopping giant opens doors

RIGA - The biggest shopping center in Latvia, Alfa Centrs, was opened in Riga on June 7, in place of

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Investor trap opens in Tallinn

TALLINN - The Estonian capital Tallinn has set itself the ambitious task of becoming the fastest dev

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Off the wire

BIG MAC INDEX TO SKEW: McDonald's Estonia raised prices at its fast food restaurants by an average o

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New appointments in the Baltics

On May 2 Eriks Rusis became the new board chairman of one of Latvia's largest construction companies

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Hansabankas officially takes over LTB

VILNIUS - Soon after the closure of the deal for the acquisition of Lietuvos Taupomasis Bankas by Es

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Coca-Cola Company acquires kvass production

TALLINN - Beverage giant Coca-Cola will increase its share of the Estonian soft drink market from 50

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