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Ekspress Grupp reports 30% increase in profit for 2014

RIGA - Estonian media company AS Ekspress Grupp announced that 2014 has been a prosperous year compared with the consolidated EBITDA from 2013. ...

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The leading electricity supplier in the Baltics, Latvenergo, reports 35.6% down in profits for 2014

RIGA - In 2014, joint-stock power supply company ‘’Latvenergo’’ saw profits drop by 35.6 percent. In 2014...

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Eesti Energia group revenues fell in 2014

RIGA - Estonia’s state-owned energy giant Eesti Energia announced on Friday February 27th, that its sales revenues for 2014 reached to 880...

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Households’ purchasing power growing rapidly in Estonia

TALLINN - In the fourth quarter of 2014, average monthly gross wages were 1,039 euros (+5.3%, year on year). In 2014 as a whole, average gross w...

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Latvia’s GDP grew by 2.4% in 2014: Swedbank foresees 1.9% growth for 2015.

RIGA - Swedbank forecasts growth to slow to 1.9% in 2015, mostly owing to the deep recession in Russia. The revised data by the Central Statisti...

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Lithuanian Defence Council decides to reintroduce military conscription

VILNIUS - Having assessed the current geopolitical situation and threats to the state’s security, Lithuania’s State Defence Council ...

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Lietuva in brief

Lithuania short of cyber sleuths Cyber security used to be a rather a narrow topic, interesting only ...

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Russia sends note of protest to Vilnius over arming Ukraine

VILNIUS - The Russian Embassy in Vilnius announced on Friday that Moscow was sending a note formally protesting Lithuania’s  alleged ...

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President hopes that Nemtsov’s killers will be found and punished

RIGA - President Andris Berzins has spoken out about the recent shooting of Russian opposition politician Boris Nemtsov, expressing his hope tha...

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Latgale may get Russian-language TV channel

In an attempt to protect what has widely been termed by analysts as Latvia’s “information space,” politicians are planning to ...

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