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Company briefs - 2008-11-19

Estonian Air has announced that it will slash ticket prices in response to the stabilizing cost of f

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Parex Bank posts losses "tens of millions"

RIGA - Latvia's ailing Parex Bank hasn't seen the last of its troubles as customers continue to with

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Estonian Air to overhaul strategy

TALLINN - Estonian Air's owners are left with little option but to inject funds into the struggling

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Telecom companies blast surveillance law

VILNIUS - During their final parliamentary session, the outgoing Seimas amended the Euro-integration

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Kaubamaja's profits far below expectations

TALLINN - The Tallinna Kaubamaja Group has announced that profits for the first nine months are down

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Lietuva in brief - 2008-11-19

New parliamentary members currently on trial in criminal cases have been given legal immunity after

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Public transport ticket cost to go up 64 percent

VILNIUS - Public transport prices will rise dramatically from Dec. 1 with the current 1.10 litas (0.

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Latvija in brief - 2008-11-19

Police have made a new arrest in a large-scale case over arms storage and dealing in Latvia's milita

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Hundreds of policemen to be fired

RIGA - Despite earlier claims from Latvian State Police that 507 employees would be fired, Interior

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Alcohol taxes up, production down

RIGA - The Latvian alcohol industry has felt the economic pinch more than most, as recent data has s

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