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Factoring company PayRay gets banking license in Lithuania

VILNIUS - Following the assessment and proposal of the Bank of Lithuania, the European Central Bank granted factoring company PayRay, a banking ...

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Retail prices for spirits, fuel set to rise in Lithuania after MEPs approve excise hikes

VILNIUS - Retail prices for strong alcoholic beverages, gasoline and diesel fuel are set to rise in Lithuania next year after the parliament app...

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Coalition agrees to put forwards Martins Kazaks for post of Bank of Latvia president

RIGA - The government coalition last night decided to put forward Bank of Latvian Council Member Martins Kazaks for the post of Bank of Latvia p...

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Some 11,000 investors took part in Coop Pank IPO

The council of Coop Pank approved an initial public offering of the bank of 37.9 million euros at the price of 1.15 euros per share. In total, d...

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Estonia: SEB customers now able to use smartphones for payment

TALLINN – SEB customers who have smartphones with the Android operating system are now able to make purchases with their phones as mobile ...

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E-residency program has brought Estonia EUR 31 mln in direct income

TALLINN – Ott Vatter, manager of the e-residency program, said that the direct economic impact of the program on Estonia has been 31 ...

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Latvijas Gaze to cut gas tariff for households next year

RIGA - Natural gas tariffs for households in Latvia will decrease as of January 1, 2019, according to an announcement published by Latvijas Gaze...

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Estonia’s Markus Villig building a billion-euro company

Websummit, Lisbon, Portugal At the start of November, the world’s largest technology conference...

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airBaltic in Canada celebrates its 21 st Airbus A220-300 in a New Livery

MONTREAL - Latvian airline airBaltic on November 28, 2019, at the Airbus aircraft programme’s headquarters in Mirabel, Canada celebrated i...

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First cornerstone of Rail Baltica in Estonia in place

Yesterday, the cornerstone of the first construction structure on the Rail Baltica main line in Estonia, the Saustinõmme viaduct, was lai...

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