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Snoras passes symbolic threshold

VILNIUS - Assets of Snoras, Lithuania's fourth-biggest commercial bank, crossed the threshold of 2 b

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Time to rethink denomination of personal assets

Every asset holder eventually faces the dilemma of which currency they should keep their assets in.

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Merger to create largest investment firm

TALLINN - Estonia's AS Lohmus Haavel & Viisemann announced on July 22 it would acquire a holding in

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Minister: Latvia will fight inflation

RIGA - Finance Minister Oskars Spurdzins said that, despite the jump in prices since the start of th

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Company briefs - 2004-07-28

The Latvian government has announced that it does not any time soon intend to hand over its remainin

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TAKING COUNSEL

The Baltics - a new tax heaven?As calls for more taxation harmonization by some EU memb

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Laima launches production in Central Asia

RIGA - Laima, Latvia's largest confectionery, launched the production of candy in Tashkent, the capi

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Novel mobile phones, surging market

TALLINN - With new models emerging on a rapidly expanding market, Estonian mobile phone operators El

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Hydroelectric power plant to expand

VILNIUS - The Kruonis Hydropump Plant, the Baltic's only hydroelectric power station, has said it in

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Kekava taken over by rival producer

RIGA - A majority stake in Putnu Fabrika Kekava, Latvia's largest producer of poultry, has been acqu

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