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Collaboration of six Nordic banks results in joint KYC company

TALLINN - Six Nordic banks - Danske Bank A/S, DNB Bank ASA, Nordea Bank Abp, Skandinaviska Enskilda Banken AB, Svenska Handelsbanken AB and...

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Transport Ministry proposes using EUR 49 million earmarked for Skanste tramway project to buy new electric trains

RIGA - The Transport Ministry proposes that the European Union's financing of EUR 49 million, meant for implementation of the Skanste tram l...

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Coca-Cola doubles FY profit in Estonia

TALLINN – The marketer and seller of beverages AS Coca-Cola HBC saw its net profit almost double year on year to 1.7 million euros in 2018...

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Maxima strengthens store management

In order to develop the large-format store segment to improve customer experience and growth, Evija Grīnberga, who was previously General Direct...

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The value of instant payments has reached 1 billion euro

5.1 million instant payments amounting to 1 billion euro have been processed via the instant payment infrastructure, developed and mai...

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Latvian minister for transport: Time for joint Baltic airline has passed

RIGA - The time for creating a joint Baltic airline has passed, and Latvia is not interested in buying the Estonian state-owned airline Nordica,...

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airBaltic celebrates the strong demand in Estonia with special Airbus A220-300 Livery

TALLINN - Due to the growing popularity of airBaltic services in Estonia, last weekend airBaltic completed the paintwork on one of its Airbus A2...

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Citadele Increases lending amounts; Business Investment in Technologies Increases

Paying particular attention to promoting the development of small, medium and manufacturing businesses, Citadele Bank has issued 464.13 million ...

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Nordica's sales turnover grew by nearly a third last year

According to the annual report, the sales turnover of Nordic Aviation Group (Nordica) in 2018 increased to 107.7 million euros, which is 30% mor...

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Latvijas Balzams plans to export to Italy Balzams with espresso flavor

RIGA - Joint-stock Latvian alcoholic beverage producer Latvijas Balzams will release later this summer its fifth Rigas Melnais Balzams flavor - ...

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