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Eurostat: Fossil fuels again led in electricity generation in EU in 2021

TALLINN – Total electricity supply in the European Union increased by 4.2 percent in 2021 compared to 2020, with preliminary data indicati...

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More than EUR 2.4 million in ABLV Bank declared as laundered

RIGA - The Economic Affairs Court has decided to declare more than EUR 2.4 million in an individual's account in ABLV Bank as laundered mone...

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Luminor completes the acquisition of Maksekeskus

Luminor Bank AS today announces that it has completed the acquisition of 99% of the shares of Maksekeskus (MKK), the leading e-commerce ...

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In the summer, 12 more service stations of Virši will be equipped with solar panels

By making greater use of the solar energy benefits, the largest and fastest growing local trader of fuel and alternative energy, AS Vir&...

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Rail Baltica project awarded over EUR 350 million in 1st call of new financial period

RIGA - The European Climate, Infrastructure and Environment Executive Agency will award over EUR 350 million to the Rail Baltica project in the ...

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Valery Shlyakhov Appointed Regional Manager for Avaya in Finland and the Baltics

22 June, 2022 — Avaya, a global provider of business communication solutions, announced the appointment of Valery Sh...

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OECD: Estonia's economic growth held back by war, high inflation

TALLINN – According to the Organization for Economic Cooperation and Development (OECD), Estonia has done well handling the economic shock...

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airBaltic share capital increased to EUR 596.473 million

RIGA - Share capital of the Latvian national airline airBaltic has been increased by EUR 45 million to a total of EUR 596.473 million, according...

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Agency: Estonia's motor fuel security of supply is good

TALLINN – Commenting on the regional decrease in oil stocks following the breakdown of an Austrian refinery at the beginning of this month...

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Clients of Latvia's 4 largest banks defrauded of EUR 4.1 million in 5 months

RIGA - In the first five months of this year scammers defrauded clients of Latvia's four largest banks of EUR 4.1 million, with the clients ...

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