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Company briefs - 2005-12-14

Grindex, Latvia's largest pharmaceutical company, announced it would build a new storage facility an

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Laar: Estonia not to see euro in 13 months' time

TALLINN - Former Prime Minister Mart Laar said he believes that Estonia would not be able to adopt t

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Invalda snaps up Lietuvos Telekomas' property

VILNIUS - Invalda Real Estate Fund has acquired eight buildings comprising some 40,000 square meters

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Akropolis suffers setbacks

VILNIUS - Vilniaus Akropolis, the Baltics' largest shopping mall operator, suffered several setbacks

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Lack of IT specialists leads to outsourcing

Due to a lack of skilled IT specialists, many Estonian companies are having jobs performed abroad or

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Study: Lithuanian companies have best profit margins

VILNIUS - Lithuanian companies beat their Baltic peers in terms of profit margins, at approximately

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Latvian inflation going strong, GDP growth hits double-digits

RIGA - Annual inflation in Latvia amounted to 7.4 percent at the end of November, while GDP growth o

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Karlberg bullish on outlook for Lattelekom, LMT

RIGA - TeliaSonera's regional chief expressed optimism last week that the Scandinavian telecommunica

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Tallink stock trades publicly, CEO Pant awaits Riga route

TALLINN - Public trading on Tallink stock began Dec. 9, with the share price ending its first day le

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Kazakh oil company back in the Mazeikiu race

VILNIUS - In a surprise twist, Lithuania's government agreed to open negotiations with Kazakhstan's

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