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Company briefs - 2008-05-14

Trials, a major Latvian meatpacker, said it would lay off 90 employees, or nearly a third of its sta

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International oil trader seeks assurance in Latvia

RIGA - Executives from Vitol Group, a major international oil trader and investor in Latvia, met wit

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Estonian advertising market heads south

TALLINN - Estonia's ongoing economic downturn has impacted the advertising market, with the two majo

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Estonia's inflation picks up pace again

TALLINN - The consumer price index rose to an annual rate of 11.4 percent in April, a surprise turna

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Latvia's economy takes a nose-dive, annual growth slows to 3.6 percent

RIGA - The hangover has begun. Latvia's economy, over the past few years the hotrod of the European

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Russian bank acquires troubled Multibanka

RIGA - A little known Russian bank has acquired a majority stake in Latvia's Multibanka, a small fin

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Stumbras looks to build new factory

VILNIUS - The owners of Stumbras, one of Lithuania's top producers of alcoholic beverages, announced

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Latvia's inflation hits 12-year high of 17.5 percent

RIGA - A year ago, few could have suspected that Latvia's consumer price index, which was sailing al

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Lietuva in brief - 2008-05-14

Spinter Tyrimai conducted a survey on political parties' influence in Lithuania. The respondents' pr

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English is 'a threat' to the native language

VILNIUS - The Chairman of the State Language Committee has said that the Lithuanian language is bein

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