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FL Technics implementing next generation mechanics training using VR

FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul service, which is part of Avia Solutions Group, has begun...

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Regulatory framework for purchasing and selling cash foreign currencies has been improved

The Council of Latvijas Banka has adopted several legal acts today, thereby improving the regulatory framework of the sector of purchasing and s...

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Estonia: New bicycle rental co starts in Tallinn

TALLINN - Estonian company Mobiusbike launched a bicycle rental service in Tallinn in June, the online news portal of public broadcaster ER...

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European Commission gives full approval to railway electrification project

The European Commission has given full approval to the Latvian rail network electrification project, launched by SJSC Latvijas Dzelzceļš ...

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The biggest business campus in Baltics is becoming the City of the Future

At the beginning of June, Tallinn University of Technology (TalTech), the City of Tallinn and the developers of Ülemiste City, launched the...

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FCMC applies a fine of 1 million euro to Rigensis Bank AS, imposes a number of legal obligations and issues a warning to a member of the Board

RIGA - The Board of the Financial and Capital Market Commission (FCMC) on 09.07.2019 decided to apply a fine of 1 028 850 euro to Rigensis Bank ...

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Finland to await impact of Estonia, Latvia before increasing excise duties on alcohol

TALLINN - The Finnish government intends to raise the rates of excise levies on alcohol, expecting to increase excise duty receipts by 50 m...

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Reform of 2nd pension pillar in Estonia causes concern in IMF

TALLINN – Representatives of the International Monetary Fund (IMF) have expressed their concern over the plan of Estonia's ruling coal...

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Merko to build international college in Latvia for EUR 10.1 million

TALLINN - SIA Merks, part of the listed Estonian construction group Merko, has entered into a construction contract for the constructi...

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Estonia: Over 11,700 new businesses created in first half of 2019

TALLINN - Data by the Estonian Center of Registers and Information Systems (RIK) shows that altogether 11,744 new businesses and self-emplo...

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