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Vitol Group still determined to transform Ventspils terminal into trading hub

RIGA - The Vitol Group, owner and operator of the Ventspils oil terminal, has said it plans to trans

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Kirkilas appeals to patriotism of private energy firm

VILNIUS - Prime Minister Gediminas Kirkilas has appealed to a private energy firm's patriotic feelin

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Subsidiary vs. branch

The first thing foreign companies should do when starting a business in  the Baltics is to choo

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Ministry approves tourism development plan

TALLINN - Economic Affairs Minister Juhan Parts approved a 500 million kroon (32 million euro) progr

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Latvia's loan growth, retail sales undergo quick, steep fall

RIGA - Fresh data on retail sales and bank lending released over the past week demonstrate that Latv

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Polish firm to acquire tourism leader Novaturas

VILNIUS - A foreign investment firm has agreed to purchase a majority interest in Novaturas, a leadi

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Kreenholm's woes continue in court

TALLINN - A county court has arrested two bank accounts of the Kreenholm textile mill and forbidden

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Lattelecom 'deal of century' on verge of annulment

RIGA - A complex 600 million euro transaction involving the state and several telecommunication comp

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European retailers buy majority stake in Iki

VILNIUS - An alliance of West European retailing companies has acquired a majority interest in the p

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Lietuva in brief - 2007-12-05

Due to experts' forecast of higher prices and a slow-down in the economy in 2009, President Adamkus

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