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Bergvik Skog sells its forests, businesses in Latvia to Sweden's Sodra

RIGA - Sweden’s Bergvik Skog has sold its forests and enterprises in Latvia to Swedish forestry cooperative Sodra, according to informatio...

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Nordica to close three unprofitable routes in Tallinn and invest in exports

TALLINN – In January, Nordica will be ceasing to service routes that the current competition con...

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Lithuania posts lowest annual inflation among Baltic states

VILNIUS – Lithuania posted the lowest annual inflation rate among the Baltic states in October, figures from the national statistics servi...

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Luminor: Labor shortage forcing manufacturers in Estonia to invest more in technology

TALLINN – Kroot Kilvet, head of corporate banking at Luminor Estonia, said that the shortage of workers is forcing industrialists to inves...

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Next-generation shopping centre T1 Mall of Tallinn opens

TALLINN - “T1 Mall of Tallinn is Estonia’s first next-generation shopping and entertainment centre, new landmark and urban hub, offe...

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UK's Railsbank opens office in Vilnius

VILNIUS - Railsbank, a leading UK-based open-banking and RegTech platform, has opened a new office in Vilnius, Lithuania's investment-promot...

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Smartlynx is compelled to pay over 80 thousand euros of compensations to travellers

TALLINN - Lennuabi, specializing in the recovery of compensations for delayed or cancelled flights, has won a lawsuit against Smartlynx airline ...

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ESO applies narrowband internet of things: first results bring pleasant surprise

Preparing for a mass rollout of smart metering in Lithuania, JSC Energijos Skirstymo Operatorius (ESO) has started the active testing of NB-IoT ...

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Investor day to be held during the Digital Freedom Festival

Investor Day will be held during the Digital Freedom Festival on November 30th in cooperation with Norvik Banka. It will provi...

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Tender for oil production in western Lithuania fails due to lack of interest

VILNIUS – The first in six years tender for oil exploration and production in the Silute-Taurage area of western Lithuania failed after th...

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