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Taking counsel: Governance structure of Estonian companies

Corporate governance contains an element of risk for investors, so it is vital for foreign investors

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Company briefs - 2006-05-24

Sonex Technologies, the largest IT group in the Baltics, said it would aim to integrate its subsidia

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Belgians back out of plant project

RIGA - The Belgian company Spanogroup will most likely scratch plans to build a 250 million-euro pro

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Lithuanian gasoline losing ground in Latvia to Norwegian competition

VILNIUS - Latvian imports of Lithuania-made gasoline declined considerably over the first three mont

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Skype owners start buying

TALLINN - Ambient Sound Investments, an investment group set up by the Estonian co-founders of Skype

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State, private shareholders agree on framework for sale of Ventspils Nafta

RIGA - State and private owners of Ventspils Nafta have reportedly agreed on principles for selling

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Lithuanian ministers may start process of nationalizing Mazeikiu Nafta next week

VILNIUS - Fed up with legal stonewalling and political posturing, Lithuania's government announced M

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Company briefs - 2006-05-17

Latvian cosmetic and household product retailer Drogas, whose fourth Watsons store opened in Estonia

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Taking counsel: Stricter regulations of charity, sponsorship

After Seimas (Lithuania's parliament) amended the Law on Charity and Sponsorship and the Law on Corp

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SAS considers converting loan

RIGA - In order to become a majority shareholder in Latvia's airBaltic, Scandinavian-owned SAS has h

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