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A Russian fire-sale privatisation?

PARIS - Squeezed by low oil prices and Western sanctions, Russia’s fiscal position is crumbling fast, forcing the government to take incre...

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OEG acquires 100 percent of AS MC Kasiinod

After much deliberation, the Estonian Competition Authority has given the Olympic Entertainment Group (OEG) the green light to fully acquire&nbs...

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Estonia: Center Party leader suggests tax breaks for East-Viru County

TALLINN – Regional tax breaks could help bring new investments and jobs to the northeastern East-Viru County, leader of Estonia’s op...

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Unemployment level in Latvia at 9.9 pct in 2015

RIGA - In 2015, 98,200 persons in Latvia, aged 15 to 74, were unemployed, the Central Statistical Bureau reported. Compared to 2014, the number ...

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Lithuania seeks EU support to purchase LNG terminal’s vessel

VILNIUS - Lithuania wants to purchase the Klaipeda LNG terminal’s floating storage and regasification unit (FSRU) from Norway’s Hoeg...

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Infogr.am founder’s stealth startup in a startup

RIGA - Uldis Leiterts, the founder of the Latvia and San Francisco-based free and freemium online data visualization toolkit Infogr.am, has laun...

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Estonian cinema attendance second quickest growing in Europe

In 2015, cinema admissions in Estonia totalled 3.1 million visits, an increase of 19 percent in comparison to the previous year.   ...

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Latvian edition of National Geographic will stop being published in March 2016

National Geographic magazine will end its publishing operations in Latvia in March 2016. The news was revealed to BNS ...

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Latvia’s AirDog: Man’s best drone friend

Jumping off a mountain cliff and landing in deep powder snow; filmed and chased at high-speed by a purple and yellow drone. That ...

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Several investors eyeing Port of Tallinn’s Paldiski refinery

TALLINN - Estonia’s Port of Tallinn is holding talks with several investors over building at the Paldiski South Port a refinery capable of...

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