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Minister says consumer loans overheated

TALLINN - Responding to a December letter from the Central Bank warning that the Estonian credit mar

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Company briefs - 2004-01-15

RIGA - Parex Bank, Latvia's largest financial institution in terms of assets, increased capital by 1

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Hansabank refinances Reval loan

RIGA - Latvia's Hansabank and Estonia's Hansapank have refinanced a 23 million euro loan to Reval Ho

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Banker migrates to utility

VILNIUS - Darius Nedzinskas, chairman of the board of Hansabankas, said last week he would resign fr

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Accession may bring pricey bananas

TALLINN - Current EU regulations may deprive Estonian importers of the possibility to acquire banana

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State approves Lietuvos Dujos deal with Gazprom

VILNIUS - The Lithuanian Cabinet endorsed on Jan. 7 a draft agreement on the sale of a 34 percent st

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Company briefs - 2004-01-15

Latvia's national airline AirBaltic carried 347,966 passengers in 2003, up 33 percent on 2002. Compa

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Skoda takes Riga transport service to court

RIGA - A Riga city court has barred the Riga City Council, its municipal public transport company Tr

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Third offer for Ventspils Nafta

RIGA - A third proposal submitted for the purchase of the state's stake in the Ventspils Nafta oil t

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VP Market gets EBRD loan, irks local banks

VILNIUS - In an apparent snub to local banks, the VP Market retail giant announced on Jan. 8 that it

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