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Germany's Homanit to invest EUR 115 mln in wood fiberboard plant in Lithuania

VILNIUS - Germany's wood fiberboard manufacturer Homanit Holding, which a year ago dropped plans to purchase a subsidiary of Lithuania&...

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LMT mobile operator invests EUR 27 million in communications network in 2018

RIGA - Latvijas Mobilais Telefons (LMT) invested EUR 27 million in its communication network and service development, the company’s spokes...

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Veriff acquires device insight company BrowserID to bring online fraud prevention to a whole new level

TALLINN – Online identity verification company Veriff has just acquired device insight and network intelligence company BrowserID. Browser...

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Talks on extending Kiev-Riga fast train route to Tallinn expected next month

TALLINN - The state-owned Estonian railway infrastructure company Estonian Railways expects to sit down at the table with the Ukrainian counterp...

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Estonian cbank: Reduced investment activity holding back economic growth

TALLINN – Investment activity in the Estonian economy has declined and this is restraining economic growth, Katri Urke, economist at ...

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Lithuania and Georgia would like to strengthen economic ties, PMs say

VILNIUS – The Lithuanian and Georgian Prime Ministers said on Monday they would like to strengthen their countries' economic ties....

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Strong alcohol producers say growth of border trade has decelerated

TALLINN – An analysis compiled by the Estonian Association of Alcohol Producers and Importers on border trade, tax receipts and the amount...

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Lithuania's LET signs 2019 gas purchase contract with Gazprom

VILNIUS - Lietuvos Energijos Tiekimas (LET), the supply arm of Lithuania's state energy group Lietuvos Energija, this week signed a contract...

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Kekava poultry farm plans to invest EUR 3.7 million in reconstruction of slaughterhouse

RIGA – Kekava poultry farm plans to invest EUR 3.7 million in reconstruction of a slaughterhouse, the company reported. ...

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Helsinki tourism fair attended by over 20 Estonian companies

TALLINN - Over 20 Estonian tourism companies are to participate in the MATKA 2019 the tourism fair in Helsinki, which starts on Thursday and fea...

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