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Approximately half a million illegal cigarettes confiscated at Riga Central Market last year

RIGA - Approximately half a mission contraband cigarettes were confiscated at Riga Central Market last year, State Police Riga Regional Departme...

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Court dismisses EUR 183,000 claim of ex-CEO of Novatours' Estonian branch

TALLINN – The Tallinn Circuit Court has dismissed the action of Andree Uustal, former CEO of Novatours' Estonian branch, against ...

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EfTEN to acquire airBaltic’s headquarters at Riga Airport

EfTEN Real Estate Fund III AS, a company listed on Nasdaq Tallinn, has signed conditional purchase agreements for acquiring two commercial prope...

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EUR 2.3 million worth of Latvian lats banknotes and coins exchanged for euros in 2019

RIGA - Last year LVL 1.6 million (EUR 2.3 million) Latvian banknotes and coins were exchanged for euros at the Bank of Latvia, said the bank'...

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Legal assessment gives green light to Linnamae hydroelectric power plant

TALLINN – According to a legal assessment ordered by Wooluvabrik OU, owner of the Linnamae hydroelectric power plant, the Estonian En...

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U.S. sanctions against Lembergs have also affected companies supervised by Meroni

RIGA - The U.S. sanctions imposed on Ventspils Mayor Aivars Lembergs (For Latvia and Ventspils) have also affected companies that are supervised...

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Liepaja airport plays important role in economic development of the city - Sesks

LIEPAJA - Liepaja airport has been a significant factor in economic development of the city, said Liepaja deputy mayor Uldis Sesks (Liepaja Part...

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Pollution scandal to affect business of Lithuania's Grigeo Group, CEO admits

VILNIUS - The president and biggest shareholder of Lithuania's paper and cardboard producer Grigeo admits that the untreated industrial...

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Binders, LNK Industries and Latvijas Tilti to build overpass in Riga for EUR 42.5 million

RIGA - Suppliers association OTC has been awarded a EUR 42.5 million contract to build a new overpass in the neighborhood of Sarkandaugava in Ri...

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Baltic DIY chain Senukai stops buying Grigeo products amid pollution scandal

VILNIUS - Kesko Senukai, the largest building and home improvement retail chain in the Baltics, said on Thursday it is suspending purc...

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