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Ortiz family exit Lithuania's Iki grocery chain they found 25 yrs ago

VILNIUS - The Ortiz brothers have exited from Iki, one of Lithuania’s largest retail businesses, more than 25 years after opening its...

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Lithuania's Verslo Zinios to spend EUR 0.5 mln. on dividends

VILNIUS, May 04, BNS – Lithuanian company Verslo Zinios, majority-owned by Swedish media group Bonnier and issuing a business daily under ...

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Danish financial regulator doesn't punish Danske for money laundering in Estonia

TALLINN – The Financial Supervision Authority (FSA) of Denmark has decided not to punish Danske Bank for enabling money laundering via its...

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Taxigo: Arrival of Yandex in Estona carried by excessive optimism

TALLINN – The planned entry of the Russian on-demand transportation service provider Yandex into the Estonian market is carried by excessi...

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Eesti Energia earned a net profit of 41 million euros in three months

TALLINN - The turnover of the energy company for Q1 2018 increased by 6% compared to the same period last year, reaching 229 million euros. EBIT...

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The Quantor platform: the investment ecosystem of the blockchain era

The rapid development of technologies changes is changing the world around us, touching upon new fields of science and business. Today a new typ...

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When soccer and Russian gas bring nations together, Baltic worries linger

Ahead of the World Cup in Russia this summer, the host nation, plagued with a series of grave international accusations, does all it can to clea...

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Omniva grows in Baltic parcel business

TALLINN - The revenue of the main business areas of Omniva’s domestic markets, i.e. the parcel business and postal business, increased by ...

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Danske Bank set to exit Baltics, to keep services center in Vilnius

VILNIUS - The Lithuanian branch of Danske Bank, the second-biggest financial group in Northern Europe by assets, on Thursday is likely to announ...

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