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Lithuania’s Impuls cleared to acquire Estonia’s Arctic Sport

Lithuania’s largest fitness chain, Impuls LTU, has been cleared by the Estonian competition authority to acquire Freewill OU, owner of the...

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Estonian hotels expect few tourists for turn of the year

TALLINN - Estonian accommodation establishments are rather pessimistic about occupancy rates at the turn of the year since tourist flows from Ru...

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Latvian regulator hits Privatbank with record fine for Moldova bank fund laundering

RIGA - The Latvian Financial and Capital Markets Commission (FCMC) on Dec. 11 imposed a record 2-million-euro fine on Ukrainian-owned A/S Privat...

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Jobs growth hopes rest on Smart Specialization strategies

A walking, talking robot named NAO which took to the stage at the 13th Committee of the Regions’ (CoR) OpenDays2015 event in Brussels in O...

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Laima, Latvia’s top sweets maker, invests heavily in robot packagers

RIGA — Latvia’s largest sweets maker Laima has invested EUR 1.77 million in technological upgrades of candy production, said Dana Er...

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Estonia: Minimum pay rise to 430 euros would add 6 million euros to state budget

TALLINN - According to calculations made by the Ministry of Finance, the plan to raise minimum monthly pay to 430 euros next year would result i...

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Lithuania to start talks with Gazprom on new contract next year

VILNIUS - VILNIUS, Oct 15, BNS - Although Lithuania’s current long-term gas supply contract with Gazprom expires at the end of this year, ...

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Finland, Estonia to lobby Brussels for gas linkup

The Finnish government has vowed to apply for EU funds to link their gas network with Estonia’s, defying concerns from its state run gas c...

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Scalpel needed for structural reforms in Latvia

RIGA - In keen competition with ‘quantitative stimulation’(in Latvia, we call it the Expanded Asset Purchase Programme or EAPP), the...

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Was “Open Internet” killed on the Last Day of the Latvian Presidency?

In the final hours of Latvia’s presidency of the EU Council, roaming charges were axed while the first steps for a two-speed internet (per...

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