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Sale of Ventspils Nafta closer to reality

RIGA - The director of the Ventspils Nafta oil terminal told a Moscow audience last week that the co

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Elcoteq to take over Tellabs' Espoo plant

TALLINN - The U.S.-based information technology company Tellabs International announced last week it

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Tele2 intends to sue telephone regulator

RIGA - Tele2 Telekom, a subsidiary of telecommunications giant Tele2, announced last week that it in

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Balts must learn to brand better

RIGA - With EU accession almost a reality, Baltic companies are becoming increasingly concerned with

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Estonian brewers prep for increased beer tourism

TALLINN - Estonian breweries are brimming with excitement as they expect to see their market boom in

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Duty-free frenzy on Baltic Sea

STOCKHOLM-HELSINKI FERRY - The ferry has not even left port yet, and a small crowd of passengers is

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Drivers' civil liability to rise fast

RIGA - A Latvian official said last week that the limits of compulsory insurance of civil liability

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Parex expanding eastward

RIGA - Parex Asset Management announced last week that it planned to form subsidiary management comp

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Baltic Transit making moves

RIGA - Baltijas Tranzitu Banka (Baltic Transit Bank) announced this week that it has formed companie

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Euro zone undergoing fragile recovery

BRUSSELS - The 12-country euro zone is seeing the first signs of fragile recovery after a prolonged

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