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More people think Latvian companies incapable of successfully competing with foreign ones - survey

RIGA - More people are beginning to think that Latvian companies are incapable of successfully competing with foreign ones, according to a SKDS ...

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The first IKEA store in Latvia opens on 30 August

IKEA, the Swedish home furnishing retailer, will open the first store in Latvia on 30 August. The store is located on the very edge of Riga (Biķ...

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Liquidators: Versobank deposits will be paid out in full

The assets of Versobank, currently under liquidation, exceed its known liabilities and all bank deposits will be compensated in full. To date, o...

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Modus Group invests 30 million euros in solar power plants in Ukraine

Modus Group further implements strategy of renewable energy project expansion in Europe. The international group is investing 30 million euros i...

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Experts: Rail Baltica will essentially affect the construction market

As a gigantic infrastructure project, Rail Baltica will essentially affect the Baltic construction market. It will attract major international c...

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Latvian banks have successfully completed work on risk reduction measures - association

RIGA - Latvian banks have successfully completed work on risk reduction measures, Sanda Liepina, chairperson of the Finance Latvia Association (...

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Fitch ratings upgraded Lithuania's credit cating outlook to “positive”

Lithuania’s long-term rating outlook from “stable” became “positive”. It has been upgraded by the international cr...

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ASHBURN International started to provide a service of Dynamic Currency Conversion

ASHBURN International , specializing in software development, POS terminal networks support and monitoring, offered a solution in the Baltic mar...

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Lithuania's Port of Klaipeda files EUR 1.9 mln lawsuit against ex-CEO

VILNIUS – Lithuania's Port of Klaipeda has filed a lawsuit against its former CEO and incumbent chairman of the Liberal Movement Eugen...

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Estonia: Merko to build school in Vilnius for EUR 4 mln

TALLINN – UAB Merko statyba, a company of the listed Estonian construction group AS Merko Ehitus, has entered into a contract with the Off...

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