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Company briefs - 2009-09-10

Latvia's electric company Latvenergo will partly compensate 100,000 needy families for their electri

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Russia in push for market share

RIGA - Russia is surpassing Saudi Arabia in oil exports for the first time since the Soviet Union's

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Company closure a threat to state reputation

VILNIUS - British lawyer Michael Polonsky says that the Republic of Lithuania will be liable to repa

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Parex welcomes new owner and capital

RIGA - The European Bank for Reconstruction and Development (EBRD) on Sept. 3 became Parex bank

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Rapid development planned for Riga's port

RIGA - Riga's vice mayor Ainars Slesers (Latvia's First Party/Latvia's Way) says investment of up to

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Baltic shares in play after takeover bid

TALLINN - After Teliasonera's recent takeover bid to acquire the shares in the Estonian and Lithuani

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Banks say time is right to buy stocks

TALLINN - Leading Estonian banks will launch new second pillar (pension investment) funds which will

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Company briefs - 2009-09-03

BigBank recorded profits of 44.8 million kroons (2.8 million euros) for the second quarter, an 11 pe

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IMF approves Latvia loan

RIGA - The International Monetary Fund's (IMF) Executive Board on Aug. 27 agreed to increase Latvia'

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