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Company briefs - 2005-10-05

Lithuania's privatization authority approved a draft agreement to sell an 85.72 percent stake in Maz

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Grindex not planning to buy Olianfarm

RIGA - Latvia's largest pharmaceutical plant, Grindex, said it had no plans to purchase Olainfarm, t

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Ministry demands reimbursement from german bank

TALLINN - The Finance Ministry has demanded nearly 8 million kroons from Germany's DZ Bank after mec

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Government to seek ways to help cement factory

VILNIUS - Prime Minister Algirdas Brazauskas has said that the government should consider ways to as

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Competition Council decision opens up data transmission market

RIGA - The Competition Council has passed a ruling that will oblige Lattelekom to sell Microlink's e

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Tobacco company makes major turnaround

RIGA - Scandinavian Tobacco announced this week that it posted earnings of 2.9 million lats (4.3 mil

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Adamkus concerned by air of favoritism surrounding possible refinery deal

VILNIUS - The debate on whether Lithuania should borrow more than a billion euros to buy back Mazeik

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Vilniaus Vingis establishes production subsidiaries

VILNIUS - Vilniaus Vingis, the struggling manufacturer of TV deflection yokes, has announced it was

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LMT, Bite Latvija sign deal

RIGA - Latvijas Mobilais Telefons and Bite Latvija have managed to sign an interconnection agreement

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Millionth passenger passes through Tallinn Airport

TALLINN - On Sept. 2, for the first time in its history, Tallinn Airport passed the million'spasseng

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