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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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Good News – More Business Financing Alternatives and Investment Opportunities

Reduction of administrative burden on investment funds and more favourable environment for their activities in Lithuania, and at the same time, ...

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Omniva’s parcels business grew, international transit is on its way to recovery

In the first half of 2018, Omniva’s revenues grew thanks to the group’s core business: parcels business increased by 20% throughout ...

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FCMC: The Latvian Banking Sector Has Got Rid of Undesirable Shell Companies

The Financial and Capital Market Commission (FCMC) has summarised data about the Latvian banking sector results regarding cleaning of the custom...

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Italian company submits only bid to create Rail Baltic architectural design guidelines

TALLINN – Italian company 3TI submitted the only bid, worth 142,540 euros, to the architectural, landscaping and visual identity design te...

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Lithuania's energy watchdog: Vilniaus Energija's consumers overpaid another EUR 7.5 mln

VILNIUS – Due to the price difference in 2011-2017, consumers overpaid another 7.54 million euros to Vilniaus Energija (Vilnius Energy), t...

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