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SEB to merge its Baltic life insurance businesses

TALLINN – SEB is to combine its Baltic life insurance businesses into one company in order to simplify the organization's operation mo...

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Chairman of the Management Board of Estonian airline Nordica submitted his resignation

TALLINN - Jaan Tamm, Chairman of the Management Board of Estonian airline Nordica, submitted his resignation to the Supervisory Board of No...

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ICW Global Ltd is undergoing the process of voluntary liquidation

We hereby notify that in accordance with Section 204 (1) (b) of the BVI Business Companies Act 2004, ICW Global Ltd incorporate...

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ABLV Bank's banking license annulled

RIGA - The banking license of the to-be-liquidated ABLV Bank has been annulled, said the Latvian financial regulator, the Finance and Capital Ma...

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Most companies to raise prices to compensate wage growth - Citadele Index

RIGA - Slightly more than half of companies in Latvia are planning price hikes in order to compensate for pay rises to their employees, the late...

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Estonian house prices rise faster than in EU on average

TALLINN – House prices, as measured by the House Price Index, rose by 6.6 percent in Estonia in the first quarter of 2018 compared with th...

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Poland's MCI wants to take control of Baltic e-retailer Pigu

VILNIUS - Poland's private equity investment company MCI Management wants to take control of the Baltic e-retailer Pigu.&...

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Lithuanians investing EUR 100 mln into wind energy in Ukraine (media)

VILNIUS – Lithuanian-capital company Yuzhne Energy starts the construction of a 70MW wind farm in Ukraine, the vz.lt news website reports....

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More steam for BaltCap Infrastructure Fund: EBRD invests €20 million

TALLINN – The European Bank for Reconstruction and Development (EBRD) commits to invest €20...

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Latvian banks agetting rid of high-risk shell corporations quickly – their share in bank deposits has shrunk to 0.5 percent

RIGA - The Financial and Capital Market Commission (hereinafter – the FCMC) collects on a regular basis data on the performance of the Lat...

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