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Client guarantees to PNB Banka clients to begin to be paid out from August 22

RIGA - Client guarantees of up to EUR 100,000 will be paid out to the clients of the now suspended PNB Banka from August 22, Financial Capital a...

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Estonia: IT infrastructure of schools to be updated with help of EUR 8.27 mln

TALLINN - By 2022, all IT infrastructure of Estonian general education and vocational schools will be renovated -- the updating of the schools&#...

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Estonia: Enefit Green's Polish solar power plants showing good output

TALLINN - Enefit Green, subsidiary of the state-owned Estonian energy group Eesti Energia, saw electricity production of 64 gigawatt-hours ...

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airBaltic Training Pilot Academy to build new aircraft hangar in Liepaja

LIEPAJA - airBaltic Training has launched the construction of a new aircraft hangar in Liepaja. Today, on August 16, 2019, airBaltic together wi...

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Alexela opens filling station offering the world’s widest selection of fuels

Alexela opened a filling station with the world’s broadest selection of fuels in Jüri, the outskirts of Estonia’s capital Talli...

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PNB Banka customers to be paid approximately EUR 297 million in guaranteed compensation payments - FCMC

RIGA - Following the European Central Bank's decision to shut down PNB Banka, PNB Banka's guaranteed compensation payments will amount t...

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Estonian subsidiary of Latvia's SmartLynx Airlines posts fourfold increase in 2018 profit

TALLINN - SmartLynx Airlines Estonia, the subsidiary of Latvia’s SmartLynx, posted EUR 1.1 million in 2018 profit, which is 4.2 times more...

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Estonian govt okays funds for construction of ERR building, renovation of natl library

TALLINN – Estonia is about to start the construction of a new television complex for public broadcaster ERR and the renovation of the buil...

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Ed Sheeran's concert in Riga grossed over EUR 3.5 million - Billboard

RIGA - British artist Ed Sheeran’s concert that took place in Riga last months grossed more than EUR 3.5 million, according to information...

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Estonia's Apollo Group opens 1st new concept KFC restaurant in Riga

TALLINN - Estonia's leading entertainment provider Apollo Group OU opened its first new concept Kentucky Fried Chicken (KFC) restaurant...

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