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Laima doubles exports to US in Jan-Sep

RIGA - Laima, the largest sweets maker in Latvia, has doubled its exports to the United States in the first nine months of this year compared to...

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Cruise ship operator Silver Sea eyeing Estonia’s Parnu

PARNU - The cruise ship operator Silver Sea is considering the possibility of picking the southwestern Estonian sea resort of Parnu as a destina...

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Grain producers faring better in Estonia’s farm crisis

TALLINN - Estonia’s farms are in crisis. But the country’s grain growers are less affected and performing relatively well, according...

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Lithuania’s WoraPay showboats for MasterCard

VILNIUS - Lithuania’s mobile payments infrastructure company WoraPay is among the nine startups selected to take part in the FinTech Londo...

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Estonia’s Milrem hopes to sell first unmanned vehicles in 2017

TALLINN - The unmanned multi-mission tracked vehicle being developed by the Estonian company Milrem attracted a lot of interest at the defense i...

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Experts predict success of Latvia’s Ventspils Nafta holding takeover bid

VENTSPILS - The planned mandatory takeover bid by Euromin Holdings (Cyprus) Limited (Euromin), the biggest shareholder in Latvia’s Ventspi...

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Baltic States will not need to pay compensation for BRELL exit

According to Dangiras Mikalajunas, the former CEO of Lietuvos Energija (Lithuanian Energy), Lithuania, Latvia or Estonia will not have to re-com...

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Latvian wind company aims to radically change energy market

“We have a massive, massive problem. If we want the next generation to have any chance, it is non-negotiable: we must completely shut down...

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Lithuanian court freezes assets of Lithuania’s richest man

VILNIUS/TALLINN - Estonian business daily, Aripaev, has reported a court in Lithuania has frozen part of the assets of Nerijus Numavicius as a t...

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“Socifaction” Stimulates Social Business in the Baltics

A fashion label that creates jobs for low-skilled young mothers. A cheap taxi service for disabled people. Or a second-hand shop that uses its p...

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