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Troubled fishery sells land to raise cash

RIGA - Kaija, one of Latvia's largest fish processing companies, an-nounced this week that it has co

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Brazauskas still adamant about grid privatization

VILNIUS - A leading daily reported that Lithuania might have to compensate Estonia's Eesti Energia f

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LASCO signs huge deals for new tankers

RIGA - Latvijas Kugnieciba (LASCO) announced this week that it would buy three tankers from a Monte

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Northern conflict erupts over Vilnius bourse

VILNIUS - The competition for a controlling stake in the National Stock Exchange of Lithuania heated

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Payments via mobile phones lack popularity

TALLINN - The largest banks and retailers in Estonia have prepared a major advertisement blitz to sa

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Krenholm plans more layoffs

NARVA - Though the company confirmed last year that it would lay off 400 employees in April 2004, th

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Riga tough on Multihalle

RIGA - The financial committee of the Riga City Council said last week it supported the concept of t

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Latvia to get new fixed-line, mobile phone operators

RIGA - The Latvian government stated last week it wanted to establish a second fixed-line telephone

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COMPANY NEWS

Consumer protection authorities in Latvia have fined VP Market, the owner of T-Market and Maxima sto

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Ministry plans to phase out old farmers

VILNIUS - The Lithuanian Agriculture Ministry has stated that it plans to use some 24 percent of EU

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