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Peters Putnins: New business models of Latvian banks being assessed in action

RIGA - The Financial and Capital Market Commission (FCMC) has completed an assessment of new business models for 12 Latvian banks, taking into c...

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Fitek Group’s 2018 turnover is 21.5 million euros

The Baltic- and Europe-based finance technology and e-invoice solution provider Fitek Group reports 21.5 million euros in turnover for 2018. The...

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Shopping and entertainment centre Akropole will open on April 4

RIGA - The new shopping and entertainment centre Akropole will open its doors to visitors on April 4. Its nearly 170 tenants include fashion and...

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airBaltic offers new service – heavy cabin baggage

RIGA - Latvian airline airBaltic is further improving the flying experience of its passengers by offering new, convenient service. Now airBaltic...

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Wind farms of Enefit Green produced a record amount of electricity in February

TALLINN - The wind farms of Enefit Green, a renewable energy company of Eesti Energia, produced a total of 124 gigawatt hours of electricity in ...

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Riga has most affordable housing in Baltics - Swedbank

RIGA - Housing affordability improved in all three Baltic capitals in 2018, with Riga leading Tallinn and Vilnius by housing affordability, acco...

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Maxima International Sourcing unit established in Poland

Maxima Grupė has established Maxima International Sourcing Poland – a unit of the subsidiary Maxima International Sourcing, which provides...

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ECB will take over direct supervision of AS PNB Banka in Latvia

The European Central Bank (ECB), based on the request of the Latvian Financial and Capital Market Commission (FCMC) has decided to assume direct...

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Russian court sentences former Latvijas Krajbanka and Snoras co-owner Antonov to 2.5 years in prison

ST. PETERSBURG - A Russian court on Monday sentenced former Latvijas Krajbanka and Lithuanian bank Snoras' co-owner Vladimir Antonov to two-...

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Mobilly wins tender to organize receipt lottery

RIGA - Mobile services provider Mobilly has won a tender to organize the State Revenue Service’s lottery of receipts, according to informa...

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