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Sapoka: Only EUR 1 billion out of EUR 6 billion. How to attract other institutional investors' money?

VILNIUS – Enhancement of business funding diversification, more flexibility in investment in Lithuania and more close cooperation between ...

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Latvian-based Primera Air closes operations due to financial troubles

RIGA – Latvian-based Pirmera Air airline has closed its operations due to financial problems. According to state...

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Estonia's jobless rate lower than European average

TALLINN – The unemployment rate of Estonia continues to be lower than the average for the eurozone and the European Union (EU 28), a compa...

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Lithuania: Swedbank leads in terms of assets, deposits, SEB in terms of loan portfolio

VILNIUS – Swedbank led in terms of accumulated assets on the Lithuanian market in late June, consolidated figures show, and it also had th...

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World-leading accelerator 500 Startups announces startup competition in Riga

World-leading startup accelerator 500 Startups (USA) returns for the ...

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Experimental floating solar power plant to be built in Lithuania

Lietuvos Energijos Gamyba (LEG), a part of the state-owned Lietuvos Energija Group, has plans to build an experimental floating photovoltaic sol...

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ASHBURN International Expands Partnership with Gjensidige to Latvia

ASHBURN International, specializing in software solutions for the PO...

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Browder: British authorities took no action when told about Baltic banks

British-registered shell companies routinely used Baltic banks to launder millions of dollars, American-born financier Bill Browder told Bloombe...

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Baltic auditors launch Rail Baltic's audit

Top audit institutions of  Estonia, Latvia and Lithuania have launched an audit into the European gauge railway project Rail Baltic's i...

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Bank association's head on Luminor deal

US investment company Blackstone's decision to buy a majority stake in the Baltic bank Luminor shows confidence in the Baltic banking system...

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