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Vilniaus Bankas catching up to rival

VILNIUS - Vilniaus Bankas, Lithuania's biggest bank by assets, has moved very close to Hansabankas i

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Tax harmonization debate heats up

RIGA - Tax harmonization within the European Union dominated financial talk last week, with economis

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Ober-Haus buys 12 hectares of city land

TALLINN - Paul Oberschneider, chairman of the real estate company Ober-Haus, and several joint ventu

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Company briefs - 2004-06-03

Parex Bank acquired 5.29 percent of Wimm-Bill-Dann, the Russian dairy and juice giant. WBD officials

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Airlines step up the competition

RIGA - The Baltic airline industry is continuing to undergo dynamic change, as new players enter the

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Cheap auto sales, service attract foreign customers

TALLINN - Many Estonian motor vehicle dealers are anticipating record sales in 2004 thanks to foreig

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VP Market to open household appliance chain

VILNIUS - VP Market, the largest retail chain in the Baltics, announced on May 31 that it would open

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TeliaSonera: Lattelekom is state's whipping boy

HELSINKI - Two former top managers at Lattelekom aired out their frustration last week, telling a Fi

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Estonia's Alta buys Lauma lingerie

RIGA - An Estonian investment company last week announced that it has acquired a majority stake in L

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Lietuva in brief - 2004-06-03

The Court of Appeals has upheld the verdict of a lower court refusing to extradite Lithuanian citize

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