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E-residency struggles to reach government targets

TALLINN - vWhen e-residency was set up last year, it was touted as an effective means to bring business to Estonia in the digital age. But the a...

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Estonian taxi booking app Taxify expands to Czech capital

TALLINN - The mobile app-based taxi booking service of the Estonian startup Taxify is from Friday available also in the Czech capital Prague.

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Lithuanian Energy goes with the wind

Lietuvos Energija (Lithuanian Energy) plans to invest in wind farms as a way to put capital at work and, initially, would like to acquire at lea...

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Estonian retail market is oversaturated - Citycon

TALLINN - The shopping center operator Citycon is of the opinion that the Estonian retail market is oversaturated, the business daily Aripaev sa...

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Klaipedos Nafta plans 36.5 million euro investment

Lithuania’s energy terminals operator, Klaipedos Nafta*, plans to invest 36.5 million euros in expanding its petroleum product terminal, p...

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Latvia's GDP grows by 2.7 percent in Q2 2015

According to an estimate by the Latvian national statistics office, Latvia's seasonally adjusted Gross Domestic Product grew by 2.7 percent ...

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Lithuania's laser industry generated around 70 million USD in 2014

According to the daily Lietuvos Zinios, in 2014, Lithuania’s laser industry generated approximately 70 million US dollars in revenue.&...

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President Vejonis "truly interested" in Latvia's economic growth

The President of the bank of Latvia, Ilmars Rimsevics, believes Latvia’s newly elected president Raimonds Vejonis is "truly intereste...

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Users of Riga Municipality's public transport up by 3 percent in June 2015

Rigas Satiksme, the municipal public transport company of the Latvian capital, carried 11.652 million passengers in June 2015, an increase of 3 ...

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Goods prices fall, but service prices rise in Lithuania

According to Lithuania’s statistic office, prices for goods in the country are falling, while prices for services are rising, as a possibl...

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