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BaltCap to acquire Baltic operations of Finnish OpusCapita

BaltCap Private Equity Fund II managed by BaltCap, the leading private equity and venture capital investor in the Baltic States, will acquire Ba...

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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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Estonian Air files for bankruptcy

VILNIUS - Estonia’s national airline Estonian Air declared itself bankrupt last week after the European Commission decided state funding t...

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Latvia’s Citadele Bank postpones its IPO

RIGA — Latvia’s Citadele Bank has postponed its initial public offering (IPO), the bank’s representatives told BNS. ...

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Estonian PM: plans for new airline are realistic

TALLINN — Estonian Prime Minister Taavi Roivas said on Friday the government is confident that plans for the new airline Nordic Aviation a...

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‘Vulnerability of the Baltics is much higher’ than elsewhere, says expert

What defence tactics would suit the Baltics best amid continuous geopolitical tensions? How can the three Baltic States of Estonia, Latvia, and ...

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Lithuania worries about environmental impact of Belarus building nuclear power plant by border

VILNIUS — Lithuania expects to receive in the near future explanations from Belarus as to the Astravyets nuclear power plant under constru...

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Lietuva in brief

Booze clampdown Lithuania’s Prime Minister, Algirdas Butkevicius, has called for the enforcing ...

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Latvija in brief

AirBaltic’s saviour? With Estonia Air and Air Lituanica both going bust in a matter of months, ...

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Schools wary of government refugee plan

RIGA — As the refugee crisis continues, school teachers are getting worried about how they are expected to handle the intake of refugees i...

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