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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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Riga Port to raise fees by 30 percent

RIGA - The board of Riga Free Port on Dec. 13 approved an average 30 percent increase in fees. Spoke

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Snaige undergoes shareholder shift

VILNIUS - Hermis Capital, a leading investment company, has transferred nearly all its interest in S

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Ansip brushes off tax exemption idea

TALLINN - Commenting on the Bank of Estonia's proposal to drop the present tax exemption on housing

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