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UK's Railsbank opens office in Vilnius

VILNIUS - Railsbank, a leading UK-based open-banking and RegTech platform, has opened a new office in Vilnius, Lithuania's investment-promot...

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Smartlynx is compelled to pay over 80 thousand euros of compensations to travellers

TALLINN - Lennuabi, specializing in the recovery of compensations for delayed or cancelled flights, has won a lawsuit against Smartlynx airline ...

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ESO applies narrowband internet of things: first results bring pleasant surprise

Preparing for a mass rollout of smart metering in Lithuania, JSC Energijos Skirstymo Operatorius (ESO) has started the active testing of NB-IoT ...

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Investor day to be held during the Digital Freedom Festival

Investor Day will be held during the Digital Freedom Festival on November 30th in cooperation with Norvik Banka. It will provi...

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Tender for oil production in western Lithuania fails due to lack of interest

VILNIUS – The first in six years tender for oil exploration and production in the Silute-Taurage area of western Lithuania failed after th...

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Head of Danske Norway: Estonian money-laundering case also affected Norwegian branch

TALLINN – Due to the money-laundering scandal at the Estonian branch of Danske Bank, the bank's Norwegian branch has spent more time o...

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EBRD predicts Latvia will have fastest growth in Baltics this year

RIGA - The European Bank for Reconstruction and Development (EBRD) has upped its economic growth forecast for Latvia this year, and believes Lat...

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Latvia: Revenue Service is investigating 131 money laundering cases

RIGA – The Tax and Customs Police Department of the State Revenue Service (VID) at present in investigating 131 criminal cases on money la...

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Blockchain Center Vilnius CEO speaks of the first year’s highs and lows

Blockchain Center (BC) Vilnius has been off to an exciting start, with more than 20 blockchain companies signing up with it. “I believe th...

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Baltics strive to control crypto-markets

Caution, mistrust and hasty prejudices permeate the Baltic state Central Banks in their approach to local crypto-currency markets. The financial...

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