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Astravyets NPP can make it difficult for Baltics to synchronize their grids with Europe - expert

RIGA - If put into operation, the nuclear power plant (NPP) Belarus is building in Astravyets can make it difficult for the Baltic states to syn...

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Estonians start the first company inside a sauna

TALLINN - According to Estonian tradition, the sauna is where life's most important milestones are celebrated. So an Estonian couple have us...

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Employers struggling with critical labor shortages - Latvian Association for People Management

RIGA - In recent years, employers in Latvia have been struggling with critical labor shortages, the Latvian Association for People Management in...

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Estonia: EUR 84 mln worth of deposits reimbursed to customers of Versobank

TALLINN – The Guarantee Fund as of Thursday has directed compensation for 2,400 customers of Versobank in the amount of 84 million euros t...

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East Capital purchases Galleria Riga shopping center

RIGA - The property fund East Capital Baltic Property Fund III, which is part of the East Capital asset management company, has purchased the Ga...

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British Steel company wishes to acquire KVV Liepajas Metalurgs

RIGA – The British Steel consortium has repeatedly voiced a wish to purchase Latvia’s insolvent KVV Liepajas Metalurgs steelworks as...

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Sweden becomes Eesti Energia´s sixth retail market

TALLINN - Starting from April 17 Eesti Energia is selling electricity to Swedish households and businesses under the brand name Enefit. Sweden i...

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Baltic Retail Forum: people don’t want to spend their lives in stores

TALLINN - On Baltic Retail Forum 2018 conference, StrongPoint Technology Senior Vice President and Managing Director Evaldas Budvilaitis said th...

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Phillip Morris Latvia remains largest tax payer in trade sector in 2017

RIGA - Phillip Morris Latvia tobacco product distributor was the largest tax payer in Latvia's trade sector also in 2017, according to the i...

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Lithuanian c. bank initiates dialogue on cryptocurrencies

VILNIUS - The Lithuanian central bank has initiated a dialog between commercial banks and virtual currency traders on their attitudes toward cry...

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