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Ukrainian Melior Games to open Vilnius studio

VILNIUS - The Ukrainian game development studio Melior Games is opening an office in Vilnius. Half of the Melior Games team will shortly be tran...

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Estonia had biggest fall in R&D expenditure in 2013

TALLINN - According to Statistics Estonia, in 2013 the expenditure on research and development (R&D) in Estonia equalled 326 million euros, ...

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Resource potential exhausted – for continued growth, Latvia must raise productivity

RIGA - Employment has stopped rising, as had been forecast before. The gradual rise in participation in the labour market (the proportion of the...

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Strong wage growth continues in Estonia

In the third quarter, average monthly gross wages increased by 5.0 percent year-on-year in Estonia. As prices declined, gross wages jumped by 5....

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A closer look at Latvia’s banks: Funding structures and business models

RIGA - In our last article in the November issue, we provided a first very broad introduction to the Latvian Banking Sector by analyzing the bal...

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New Privatization Agency board elected

RIGA - An emergency meeting of the Latvian Privatization Agency’s shareholders was held

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British Week begins in Riga

RIGA - British Week – a series of events celebrating the traditions and history of Great

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Business’ attitude towards borrowing is improving - Bank of Lithuania

VILNIUS - A survey commissioned by the Bank of Lithuania has shown that for the first time in

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Baltic economies have recovered quickly, but investments remain behind the curve

The Baltic countries have been commended for a quick adjustment of labour costs, increase in e

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Economic Crime Police arrest Menard Port LLC shares in connection with NP Foods affair

RIGA - The State Police’s Economic Crime Department have arrested 33.33 percent shares o

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