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Court gives go-ahead for Danpower to build biofuel plant in Vilnius

A Lithuanian court handed down a ruling favorable to Germany's Danpower, which is building a biofuel power plant in Vilnius, as it annulled ...

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Fintech development boosts competition on payment market

The fintech sector under development in Lithuania boosts the country's competitiveness on the payment market, with the development fueled by...

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Food group Viciunai sets up company in UK

Viciunu Grupe (Viciunai Group), a leading Lithuanian food product group that is controlled by Kaunas Mayor Visvaldas Matijosaitis, said that it ...

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Baltic TSOs get EUR 312,000 from EU for synchronization studies

The European Union is to allocate 312,000 euros for the transmission system operators (TSOs) to carry out studies on the synchronization of the ...

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RB Rail: This year's focus will be on developing Rail Baltica construction design

This year the main focus in work on the Rail Baltica railroad project will be on developing the project’s construction design and doing re...

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Dubbed ‘Uber Killer’, Estonia’s Taxify is set to hit a 10-digit turnover

As most industries become tech-driven, Europe has little time to catch up with rest of the world before it completely loses the economic signifi...

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Realistic outlook, worries about labor force prevail among CEOs in Central and Eastern Europe

CEOs in Central and Eastern Europe (CEE) are similar to their global peers in predicting a better year for the global economy than for their ind...

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Estonia: Swedbank to stop issuing password cards from February

TALLINN – Swedbank is to stop issuing code cards starting from February 1, while the existing cards can be used until February 1, 2019.

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Estonia: Lux Express domestic passenger numbers up 14 pct on year

TALLINN – Buses of Lux Express, a company of Mootor Grupp, carried 2.4 million passengers on all routes and 1.3 million passengers, 14 per...

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Estonian households' borrowings grow 7 pct on year

TALLINN – The loan liabilities of Estonian households in the third quarter of 2017 were bigger by 7 percent than at the same time the year...

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