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Latvian government hedges own debt risks

RIGA - Latvia's treasury has announced it would cancel nearly all its lat-denominated bond issues an

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Report: Estonia overtakes Portugal in key economic indicator

TALLINN - A report by the U.S. Central Intelligence Agency indicates that Estonia has overtaken Port

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Taking counsel: Lithuania's Supreme Court establishes new feature in consumer contracts

Article 1.39 of Lithuania's Civil Code provides that a consumer contract shall mean a contract

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Company briefs - 2007-06-20

Snaige, the Baltics' only refrigerator producer, reportedly received several bids to buy a cont

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Estonian sawmills face hard times

TALLINN - This spring a shortage of raw material and the rising price of timber triggered the f

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Ukio wants to build mega-center in Belarus

VILNIUS - Ukio Bank has announced that its investment firm planned to invest $300 million in th

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Gazprom dashes Latvia's hopes to store more natural gas in Dobele

RIGA - Gazprom threw cold water over Latvia's hopes to boost its role as a major natural gas st

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Lattelecom managers given three months to prepare 410 million euro privatization

RIGA - Lattelecom's management announced on June 13, a day after it received preliminary approv

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Taking counsel: Has the time come for employee incentives in the Baltics?

We all know that employee shortages abound in today's Latvian labor market. The degree of the proble

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Company briefs - 2007-06-13

Vilnius Airport was fined 50,000 litas (14,500 euros) for violating competition rules on the fuel su

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