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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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TALKING TAX: Harmonization of direct taxation: future or fiction?

Currently the field of direct taxation in the EU is not harmonized. Compared with the sphere of

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EU commissioner says Gazprom won't be exception to trade rules

TALLINN - The European Union's competition commissioner has warned that Russia's Gazprom may ha

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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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Lietuva in brief - 2007-06-20

Some 1,700 troops from 11 countries are in Lithuania to participate in Amber Hope 2007, a milit

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Illusionists claim world record for holding their breath under water

VILNIUS - Lithuanian illusionists Arvydas and Diana Gaiciunai set a new world record for holdin

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