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Lithuanians lose money while investing via Cyprus' Royal Forex LTD

VILNIUS – Over 100 Lithuanian residents have lost hundreds of thousands of euros while investing via Cyprus company Royal Forex LTD and it...

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Estonia: Tallink, Infortar to reconstruct Linnahall arena for EUR 300 mln

TALLINN - The listed Estonian shipper Tallink Grupp and Infortar, an investment company majority owned by Estonian businessmen Ain Hanschmi...

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Telecom executive Tõnu Grünberg appointed as the CEO of Rail Baltic Estonia

As of March 1, Tõnu Grünberg, an experienced senior executive of telecommunications sector, will be appointed CEO of Rail Baltic Est...

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ACMI service: Present and future of aviation

As market competition intensifies, more often airlines are striving to increase their efficiency while reducing numerous risks related to busine...

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Digital insurance platform Cachet first to enter the Latvian market

RIGA – Starting yesterday, a new Estonian insurance technology (insuretech) start-up Cachet will begin its operations in Latvia. It is the...

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airBaltic Supervisory Board appoints Pauls Cālītis as the Member of the Board

RIGA - The Supervisory Board members of airBaltic, delegated by both the Latvian state and the private investor, have approved Pauls Cālītis as ...

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Candidates nominated for the vacant positions on the Council of Latvijas Banka

Proceeding with implementing changes at Latvijas Banka, inter alia introducing a more effective management model, Mārtiņš Kazāks, Governo...

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Estonian pharmacists want to see bill seeking to annul pharmacy reform rejected

TALLINN - The Estonian Pharmacists' Association and the Chamber of Pharmacists have sent a joint statement to the parliament ...

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Swedbank lends EUR 60 mln for Hanner's project in Riga

VILNIUS – The Nordic banking group Swedbank's banks in Lithuania and Latvia have issued a syndicated loan of 60 million euros for real...

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Lithuania gets A+ credit rating, FinMin calls it historic moment

VILNIUS – International credit rating agency Standard & Poor’s has upgraded Lithuania's long-term borrowing rating from A to...

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