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Lithuanian T-bills hit all-time low

VILNIUS - The average yield on six-month treasury bills hit an all-time low March 15, reflecting the

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Parex buys Swiss bank, opens Estonian branch

RIGA - Parex Bank, Latvia's largest financial institution in terms of assets, scored two major expan

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Bank of Latvia raises interest rate

RIGA - The Bank of Latvia raised its refinance rate for lats by half a percentage point to 3.5 perce

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Company briefs - 2004-03-18

The European Bank for Reconstruction and Development sold its 28.6 percent stake in Utenos Trikotaza

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High-tech manufacturer to relocate to Estonia

TALLINN - LGP Allgon, an international manufacturer of electronic components, announced this week th

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Estonians debate future of utility market

TALLINN - Top officials and businessmen joined in a debate on the future of Estonia's utility monopo

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Finnish airliner begins flights to Tallinn

TALLINN - Estonian and Finnish business travelers got a boost this week when Soder Airlines, a regio

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Krajbanka privatization takes new twist

RIGA - Controversy surrounding Latvijas Krajbanka, one of Latvia's largest retail banks, returned to

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Snaige goes west to conquer East

VILNIUS - Snaige, the largest manufacturer of refrigerators in the Baltics, launched its new plant i

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Estonia faces a demanding real estate market

TALLINN - As the Baltics continue to attract foreign investment, real estate experts have pointed ou

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