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Lithuanian Court of Appeal dismisses FlyLAL claims against airBaltic

VILMIUS - Lithuanian Court of Appeal has completely dismissed 12 years old claims of FlyLAL and its shareholders Vertas Management and VA Reals ...

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airBaltic’s shareholders supporting future growth

RIGA - In the midst of the Covid-19 crisis in the world, airBaltic is evaluating re-start options for when scheduled flying is possible again. T...

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E-shop numbers jump amid the national quarantines

After the announcement of the nationwide quarantines, many companies had to rethink their business models and shift to the e-commerce sector.

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Remedia Distillery Set To Produce Hand Sanitiser SteriGel

To help deal with the current shortage of disinfectants, R...

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Estonia's supplementary budget includes EUR 15 mln for high-speed internet in rural areas

TALLINN - The bill of the supplementary budget for 2020 submitted to the Riigikogu on Thursday includes 15 million euros for speeding up the est...

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Acquisition of land for Rail Baltic in Estonia to continue through 2022

TALLINN – All land parcels necessary for the construction of Rail Baltic in Estonia are expected to become property of the state by 2022, ...

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Estonia to help tourism sector with EUR 25 mln

TALLINN – The Estonian Ministry of Economic Affairs and Communications is set to provide 25 million euros in support for the tourism secto...

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Economic recovery will depend on how many businesses and jobs are preserved - Dombrovskis

RIGA - After the Covid-19 pandemic, economic recovery in Europe and Latvia will depend on how many businesses and jobs are preserved during the ...

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Tallink Grupp starts collective redundancies process in Tallink hotels in Latvia and Estonia

TALLINN – Estonian listed shipper Tallink Grupp on Wednesday notified the Estonian Unemployment Insurance Fund that it has commenced a col...

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Lithuania's SEB bank to use profit to bolster capital, maintain crediting

SEB, one of the largest commercial banks in Lithuania, will not pay dividends for 2019 and plans to spend the banking group's total profit o...

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