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EIB lends EUR 1b for EU investment projects in Lithuania

VILNIUS - The European Investment Bank is lending 1 billion euros to Lithuania to secure Lithuania's share for the implementation of EU-fund...

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Tallink not planning on resuming Riga-Stockholm ferry route in the near future

RIGA - The Estonian ferry operator Tallink is not planning on resuming the Riga-Stockholm ferry route in the near future, the company's pres...

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EIB Group support for Baltics totals €775 million in 2022

·      EIB Group support for innovation, healthcare, infrastructure and businesses in Est...

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Last year Latvia's exports to Russia's neighboring countries increased steeply

RIGA - Last year, Latvia's export to Russia's neighboring countries increased steeply, including in the categories of EU sanctioned good...

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Inflation peak has been reached - SEB Banka

RIGA - Inflation peak has been reached and the worst situation in energy is behind, said SEB Banka's economist Dainis Gaspuitis during prese...

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Luminor grants 384,000 euros to road construction company SIA Strauteks

The company has been providing a wide range of services for ten years and is mainly engaged in road construction and repair, as well as construc...

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Port of Klaipeda 2022 results: optimism despite a challenging year

Lithuanian Port of Klaipėda concluded the year 2022 with a cargo volume of 36.1 million tonnes and maintained the fourth position among the East...

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Estonian start-up raised 1 M€ euros to create alternative oils and fats

ÄIO, a biotechnology start-up that develops food products from by-products of the wood and the agricultural industry, raised 1 M&eu...

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LPB Bank releases update to Medoro E-merchant portal

As part of developing in-house technological solutions and information systems for e-commerce, LPB Bank continues to improve the functionality a...

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Lithuania's Audimas says its brands used in Russia without authorization

VILNIUS – Lithuania's leisure and sportswear producer Audimas has no business or assets in Russia, and its brands are used in Moscow s...

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