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On the financial performance of Latvijas Banka in 2018

RIGA - The Board of Latvijas Banka has approved Latvijas Banka's financial statements for 2018; according to the above, Latvijas Banka's...

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Estonia to give Government Office EUR 800,000 for organization of digital summit

TALLINN – The Estonian government is about to give the Government Office 800,000 euros from its contingency reserve for the organization o...

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Nine Lithuanian institutions join forces in Fintech Risk Management

Lithuania highly visible on the global Fintech innovation map also becomes a relevant risk management competence centre. By the initiative of Mi...

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Number of banks is too big for Latvia’s market - Putnins

RIGA – The number of banks for the local market is too big, said Finance and Capital Market Commission’s (FKTK) chairman Peters Putn...

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Estonian alcohol producers ask for 4-year tax peace

TALLINN – The Estonian Association of Alcohol Producers and Importers has called on the parties negotiating a  coalition agreement to...

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Maxima strengthens senior management team

RIGA - Valdis Zeps joins Maxima Latvija senior management team as Chief Financial Officer (CFO). “We have begun ...

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Martin Länts to take up post as new chairman of Bigbank management board

The Estonian-owned Bigbank AS, which operates in nine European countries, has selected Martin Länts to take up the post of chairman of its ...

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Estonia to allocate supplementary EUR 3 mln for digitization of industrial companies

TALLINN - The Estonian Ministry of Economic Affairs and Communications is preparing to implement an investment aid measure to support the digiti...

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US company to carry out feasibility study on zero-emissions gas power plant in Lithuania

VILNIUS – Lithuania's Ministry of Energy, US company NET Power and energy innovation company 8 Rivers Capital have signed a memorandum...

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Estonia's organic farmers: Organic farming program could be financed from unused resources

TALLINN - The Estonian umbrella organization for organic farming opines that expanding the support program for organic agriculture sho...

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