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Riga Tourism Development Bureau to be liquidated, with agency aimed at attracting investments and tourism to be created on its basis

RIGA - The Riga Tourism Development Bureau (RTAB) will be liquidated, but an agency aimed at attracting investments and tourism will be establis...

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Rail Baltic signs EUR 214.3 million grant agreements with INEA

TALLINN - Innovation and Networks Executive Agency (INEA) and joint venture of the Baltic States RB Rail AS have signed two additional cross-bor...

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Estonia's Vapiano to open new restaurant in Riga next week

TALLINN - The Vapiano chain of restaurants, owned by the leading Baltic entertainment company Apollo Group, is expanding to the Latvian market a...

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Chamber of Commerce, Industry: Estonia should support digitization with concrete measures

TALLINN – Mait Palts, director general of the Estonian Chamber of Commerce and Industry, said that the state should support companies'...

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If situation with pandemic does not change, airBaltic might run out of money in September 2021

RIGA - If the situation with travel restrictions and the overall spread of Covid-19 in Europe remains unchanged, Latvia's airBaltic national...

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Estonian cbank's reserve contracts by EUR 182.5 mln in November

TALLINN - Bank of Estonia's reserves in foreign currency decreased by 182.5 million euros in November to slightly over 1.71 billion euros at...

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EUR 1.5 billion worth of state support for business activities and residents earmarked for second Covid-19 wave - Finance Ministry

RIGA - State support for business activities and residents during the second wave of the Covid-19 pandemic and in the following years is planned...

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Most shops to be closed on weekend but no restrictions to be applied on online commerce

RIGA - Restrictions on retail trade in most shops are coming into effect this weekend, but the restrictions will not apply to online shops, LETA...

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Bigbank posts Q3 profit of 6.2 million euros

Bigbank AS earned a profit of 6.2 million euros in Q3 2020, which is 12% more than in the same period last year and 35% more than in Q2 ...

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Lithuanian commission launches review of Chinese bidder for airport equipment contract

VILNIUS – A governmental commission that vets strategic deals has launched a review of Nuctech, a Chinese company bidding for an aviation ...

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